by admin
Ellington Has Confirmed That Its First Project In JLT, Called “Upper House,” Will Have 754 Units.
A Dh1.2 billion residential project by Ellington Properties will include 754 units and be completed by early 2026 in the Jumeirah Lakes Tower high-tower neighborhood. The developer has hired Brewer Smith Brewer Group (BSBG) as the design company for the “Upper House” project. Additionally, this is Ellington’s first business effort in JLT. Up until now, it has operations in Downtown Dubai, Palm Jumeirah, MBR City, and JVC.
According to Joseph Thomas, co-founder of Ellington Properties, “the bustling neighborhood will assist to enrich the lifestyles of our Ellington Upper House residents. Adding to our resort-like facilities and design-led houses.” “Through this initiative, we will assist DMCC’s goals to strengthen JLT’s reputation as hub for good change,” the statement read.
In 2022, JLT property and rental values had a significant uptick. Moreover, the neighborhood has benefited from the addition of serviced apartments and upscale hotels. Additionally, the DMCC free zone managed to register a record number of new businesses in 2022.
The Uptown Dubai development, whose showpiece building is the Uptown Tower, has also improved the JLT neighborhood. All of the office spaces in the tower are pre-leased and should be ready later this year. Making it one of the most sought-after commercial sites in the area right now.
Ellington Upper House and its Uptown House are moving into this area. According to CEO of DMCC, “JLT has become one of the most iconic mixed-use complexes in the UAE.” It is essential that we bring fresh, interesting developments to the district as we strive to expand on this position. In the years to come, and our relationship with Ellington Properties does just that.
