Wilton Terraces 1  

Wilton Terraces I is part of a two-tower residential development by Ellington Properties in Mohammed bin Rashid City. This development is located inside the Sobha Hartland community and features one and two bedroom high-end apartments.

Property Types Available: Apartments
Location: Al Khail Road
Status: Under Construction
Year Launched: 2017
Estimated Completion Date: December 2019
Developer: Ellington Properties
Title Type: Freehold
Quality Classification: High-end
Height Classification: Mid-rise
Life Cycle: Under Construction
Special Classification: Residential Building
Under-Construction Apartments: 140
Floors: 14

Investment Feasibility & Decision Drivers

Snapshot summary for investing in Wilton Terraces 1

Investment Score

Value for Money
80%
Project Uniqueness
75%
Location & Connectivity
70%
Rental Yield Expectation
80%
Capital Growth Expectation
80%
More information on investment scores

Total Score

Synopsis

Sale Status: Launching soon

Payment Plan: Average payment-plan

Ideal for: End-Users & Investors

Price Range: AED 1,150 PSF - AED 1,400 PSF

Unit Types Available: Apartment

Speak to an Expert Now

What Our Experts Think

Wilton Terraces is a two-tower development by Ellington Properties in Mohammed bin Rashid City featuring one and two bedroom apartments. We expect this to be one of the higher quality developments in the area.

- One bedroom apartments range from 780 sq. ft. - 840 sq. ft.

- Two bedroom apartments range from 1,180 sq. ft. - 1,230 sq. ft.

Based on Ellington's track record (Belgravia in JVC) and given the location (close proximity to District One and Downtown), this project should offer investors decent returns once completed.

About Wilton Terraces 1

Overview

Wilton Terraces I is part of a two-tower residential development by Ellington Properties in Mohammed bin Rashid City featuring one and two bedroom high-end apartments.The development is situated inside the Sobha Hartland community. 

This is a G + 2 Podium + 12 floor building which features 141 apartments. There are 12 units per floor: eight one bedroom apartments and four two bedroom apartments. All units have a semi-open kitchen which is different from Ellington Properties previous developments. 

About the Developer

Ellington Properties has previously delivered Belgravia in Jumeirah Village Circle. This development is known to be one of the better quality buildings in JVC. Ellington Properties has other projects under construction in Downtown, JVC, as well as the Palm. 

Sizes

BedroomSize Range
One780 sq. ft. - 840 sq. ft.
Two1,180 sq. ft. - 1,230 sq. ft.

Payment Plan

PercentageMilestone
10%At the time of booking
5%Dec 2017
5%Feb 2018
5%20% Construction Completion
5%30% Construction Completion
5%40% Construction Completion
5%50% Construction Completion
5%60% Construction Completion
5%70% Construction Completion
50%On Completion (Dec 2019)

Project Completion Status (as per DLD): 6.28% (as of 23 June 2018)

Dubai Land Classification & Escrow Account Details:

Land Number: 282

Project Number: 1970

Real Estate Developer: ELLINGTON PROPERTIES

Trust Account Number: 28154537

Account Trustee Name: ABU DHABI ISLAMIC BANK

RERA Permit No : 15128

Brokerage Firm: Taktical Realty Group LLC

Amenities of Wilton Terraces 1

Help us to improve this section