Ellington Berkeley Place in Dubai Meydan   

Berkeley Place is in close proximity to some of the city’s major road networks such as Ras Al Khor and Al Ain Dubai Road, so accessing other sought-after areas of Dubai will be quick and easy for homeowners. For instance, Dubai International Airport and the commercial districts of DIFC and Business Bay can all be reached within 15 minutes.

It is worth noting that Berkeley Pace is still under construction, therefore, the public transport links are not easily accessible yet. Nevertheless, there is a purple metro line planned, which will pass alongside the community and connect to Al Maktoum International Airport at Jebel Ali.

Upon completion of Meydan Mohammed Bin Rashid Al Maktoum City in 2025, residents of Berkeley Place will be able to benefit from nurseries, healthcare facilities, a yoga center, spa, cricket pitch, tennis courts and swimming pools located right on their doorstep. In addition to this, the master plan includes an extensive collection of restaurants, cafés and shops, as well as luxurious 4 and 5-star hotels, providing multiple options for leisure and entertainment.

The starting rental price for a 1-bedroom apartment of 476 sqft in MBR City Dubai is AED 33,000 annually. Meanwhile, ROI for this type of property is 4.8%. When calculating net profit, one should consider 5% VAT of approx. AED 1,700 and management fees of about AED 4,500. In this case, the expected rental yield amounts to AED 28,000 per annum.