Ellington · Business Bay Expected launch: October

Ellington's first skyscraper rises over Business Bay

A planned 65–66-storey Grade A office tower — Ellington's signature design language, built at a new scale, with premium common areas, a members' club, gym and retail.

Business Bay, Dubai Indicative completion 2031 Delivered shell & core
4,500–5,000AED / sq. ft. indicative price
94%Existing Dubai office occupancy, Q2 2026
+16%Prime Dubai rent growth, year on year
The idea

A business address you own, not lease.

Glass facade of a modern office tower
Grade A facade — indicative
Construction cranes against a clear sky
Rising toward 2031

Ellington's signature design, now on a different scale. Options range from individual offices of approximately 2,500 sq. ft. to entire floors — giving buyers the opportunity to create their own business address within the tower.

Luxury shell-and-core office units sit above premium shared spaces designed to help occupiers compete for tenants: efficient layouts, quality specifications, and easy access to transport and amenities. Full specifications and amenities will be shared in the official brochure.

Quick facts

DeveloperEllington
LocationBusiness Bay, Dubai
HeightApprox. 65–66 storeys
Floor plateApprox. 10,000 sq. ft.
DeliveryShell & core
Indicative completion2031
Expected launchOctober
Indicative priceAED 4,500–5,000 / sq. ft.
Office space with window seating and city view
Indicative office interior — window seating, city view

How the tower is laid out

Exclusivity increases with height.

Lower floors

4 offices per floor, approximately 2,500 sq. ft. each

Middle floors

2–3 offices per floor

Higher floors

Full-floor offices, approximately 10,000 sq. ft.

Premium common areas

Indicative — full amenity specifications will be presented in the brochure.

Marble reception lobby

Arrival & lobby

A double-height reception with a private, attended entrance.

Modern gym with floor to ceiling windows

Fitness & wellness

A dedicated gym for owners and their teams, full spec in the brochure.

Rooftop pool overlooking the city skyline

Members' club

A rooftop lounge and terrace for hosting clients and downtime.

Indicative pricing

Basis: AED 4,500–5,000 per sq. ft. · preliminary, subject to confirmation
UnitApprox. sizeApprox. price

Individual office

~2,500 sq. ft.
AED 11–12M

Half floor

~5,000 sq. ft.
~AED 25M

Full floor

~10,000 sq. ft.
AED 45–50M

Proposed payment plans

Individual offices

70/30  or  60/40

Spread your capital commitment through construction. On the 60/40 option, 40% remains payable at completion.

Half-floor & full-floor

50/50

An even split for buyers acquiring larger, more exclusive floor positions in the tower.

Turn the price into an income target

Illustrative 2,500 sq. ft. office, AED 11.25M purchase price before costs. Actual rent for this project is not yet established.

Achieved rent / sq. ft.Annual gross rentGross yield
AED 350AED 875,0007.8%
AED 450AED 1,125,00010.0%
AED 550AED 1,375,00012.2%

Income starts after handover, fit-out and leasing. Excludes acquisition costs, fit-out, vacancy, incentives and landlord expenses.

Business Bay asking rents nearby

Selected public listings, not market averages or completed leases.

Vision Tower — fitted & furnishedAED 550
Magnum Opus Bay — fitted & furnishedAED 375
DIFC Central Park — fitted examplesAED 500–650

Dubai prime rents grew 16% year on year and existing office occupancy stood at 94% in Q2 2026. Knight Frank has identified 4.6M sq. ft. of planned Business Bay office supply by 2030 — future leasing and resale must reflect that competition.

Positioned in Business Bay

Minutes from Downtown Dubai and DIFC, in a district Knight Frank has flagged for continued Grade A office supply through 2030. Exact tower position to be confirmed at launch.

View indicative location
Business Bay, Dubai

Secure your office before the October launch.

Contact Mo to shortlist your office or floor ahead of launch. Pricing and payment terms are preliminary and subject to official confirmation.

Project details, pricing, payment plans and completion dates are preliminary and subject to official developer confirmation. Market statistics referenced (occupancy, rent growth, comparable asking rents) describe the existing Dubai office market and are not a forecast of this project's future performance. Actual value can fall as well as rise.
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Quick Facts

Developer

Offplanpropertyfinder

Location

RAK Central

Unit Type

Studios, 1, 2 & 3-Bedroom – Apartment

Payment Plan

50/50

Downpayment

10%

Handover

Q4 – 2029

Size Range

421 to 2,158 sq. ft

Starting Price

AED 1.12M

Concept & Design Philosophy

The name “Palmiera” reflects a lifestyle inspired by tropical serenity and waterfront living. Every villa is thoughtfully planned with a Basement + Ground + 2 Floors layout, ensuring maximum space, functionality, and comfort.

From open layouts to nature-integrated design, the entire community is built to deliver a seamless balance between luxury and tranquility.

Prime Location – The Oasis by Emaar

Palmiera Collective enjoys a strategic location within The Oasis, one of Dubai’s fastest-growing residential destinations.

Key Location Advantages:

  • Easy access to major business hubs and highways
  • Close to premium shopping, dining, and entertainment destinations
  • Near top international schools and healthcare facilities
  • Well-connected to Dubai’s expanding transport network
  • Peaceful suburban setting with urban convenience

This makes it ideal for both end-users and investors seeking long-term value.

Architecture & Design Features

Palmiera Collective showcases modern architectural excellence with a strong focus on comfort and aesthetics.

Design Highlights:

  • Clean, contemporary architecture
  • Floor-to-ceiling windows for natural light
  • Seamless indoor-outdoor living spaces
  • High-quality finishes and premium interiors
  • Smart layouts designed for modern living

Exclusive Features:

  • Private terraces and landscaped gardens
  • Elegant facades with natural tones
  • Smart home integration
  • Energy-efficient and sustainable design elements

Amenities & Lifestyle

The community is designed to enhance everyday living with a wide range of lifestyle amenities.

Community Amenities:

  • Interconnected waterways and scenic landscapes
  • Parks, green spaces, and walking trails
  • Swimming pools and leisure areas
  • Fitness centers and wellness facilities
  • Children’s play areas and family zones
  • Clubhouse and social spaces

Villa Features:

  • Spacious 4-bedroom layouts with en-suite bathrooms
  • Private parking and storage areas
  • Modern kitchens with premium fittings
  • Private gardens and outdoor spaces
  • Smart home connectivity

Lifestyle & Community Living

Palmiera Collective offers a family-focused lifestyle in a secure and peaceful environment.

  • Gated community with 24/7 security
  • Safe and quiet surroundings for families
  • Community-driven living with social spaces
  • Pet-friendly environment
  • Wellness-focused design with nature integration

With only 38 villas, residents enjoy a sense of exclusivity and a close-knit community atmosphere.

Investment Potential

Palmiera Collective presents a strong investment opportunity in Dubai’s luxury real estate market.

Why Invest:

  • Limited supply ensures exclusivity
  • Developed by trusted brand Emaar Properties
  • Located in a high-growth residential area
  • Strong demand for luxury family homes
  • High potential for capital appreciation
  • Attractive rental yield opportunities

Connectivity & Accessibility

Despite its serene setting, the project offers excellent connectivity across Dubai.

  • Quick access to major highways
  • Close to Dubai International Airport
  • Easy connectivity to business hubs like Downtown & DIFC
  • Near top malls, schools, and lifestyle destinations

About the Developer – Emaar Properties

Emaar Properties is one of the world’s most reputable developers, known for iconic projects like Burj Khalifa, Dubai Mall, and Dubai Marina.

Their focus on quality, innovation, and timely delivery ensures that Palmiera Collective meets the highest standards of modern living.

Step Into Dubai’s Most Exclusive Living Experience

Palmiera Collective is more than just a property—it’s a rare opportunity to own a piece of Dubai’s most refined lifestyle. With limited villas, a prime location, and the trusted legacy of Emaar Properties, this is where luxury meets long-term value.

Whether you’re looking for your dream home or a high-potential investment, opportunities like this don’t stay available for long.

👉 Connect with OffPlanPropertyFinder today and secure your place before it’s gone.