Berkeley Place by Ellington in Dubai’s Meydan neighborhood stands out for its unusual geometries as it soars against Dubai’s breathtaking city views. The magnificent 12-story structure has a striking façade accented by balconies with towering metal and glass railings.
A beautifully planned platform with appealing walkways and plenty of dedicated spots for relaxation and healthy activities weaves an air of tranquillity and quiet around the property. The rooftop highlights the residence’s luxury with many amenities, such as an infinity pool and a lounge with a viewing balcony.
A philosophy that challenges our increasingly atomized realities is at the heart of Berkeley Place’s architecture. The furnishings are designed to stimulate social contact, from the warm and inviting color palette to the layout of utilities. The foyer sets the tone for the interiors of the property, achieving a balance between natural elements and design to create a space that is excellent for living.
Berkeley Place is close to several of the city’s major road networks, such as Ras Al Khor and Al Ain Dubai Road, so that homeowners will have quick and simple access to other desirable neighborhoods of Dubai. For example, Dubai International Airport and the financial districts of DIFC and Business Bay are all within 15 minutes of each other.
It should be noted that Berkeley Pace is still under construction, so public transportation is not yet easily accessible. Nonetheless, a purple metro line is proposed to run alongside the town and link to Al Maktoum International Airport in Jebel Ali.
Residents of Berkeley Place will benefit from nurseries, healthcare facilities, a yoga center, a cricket pitch, tennis courts, and swimming pools when Meydan Mohammed Bin Rashid Al Maktoum City is completed in 2025. In addition, the master plan contains many restaurants, cafés, and stores, as well as elegant 4 and 5-star hotels, giving a variety of leisure and entertainment alternatives.
A 1-bedroom apartment of 476 square feet in MBR City Dubai starts at AED 33,000 annually. Meanwhile, the return on investment for this type of property is 4.8%. When calculating net profit, consider a 5% VAT of approximately AED 1,700 and management costs of around AED 4,500. The projected rental yield in this situation is AED 28,000 per year.