The Highbury is a premium 29-storey complex consisting of 2 buildings by Ellington Properties in the sought-after area of Mohammed Bin Rashid City. In terms of properties, the development offers a collection of exquisitely designed studios and 1-3 bedroom apartments, in addition to luxury 3-4 bedroom duplexes and 4-bedroom penthouses, with living areas ranging from 425 sq. ft to 5,254 sq. ft. The upper floor apartments, which house the premium duplex units, offer a more extravagant and lavish design.
Each property in The Highbury will be equipped with private balconies, overlooking the Burj Khalifa/Ras Al Khor area or the Crystal Lagoon/villa community. At the same time, select layouts will feature a study room and maid’s quarters for the utmost convenience and comfort of homeowners. Key features of the properties include:
To provide unparalleled leisure experience and maximum comfort, The Highbury will have several sections filled with the various amenities described below.
To fully accommodate the desires of all residents, the master plan of The Highbury also includes a basketball court, a padel tennis court, a pet area, plenty of seating areas and a ping-pong and a billiards table, surrounded by landscaped leafy spaces.
Not forgetting that owners of studios and 1-2 bedroom apartments will be granted 1 parking space, while 3-4 bedroom units will have 2 designated spots.
The starting price for a gorgeous 1-bedroom apartment in The Highbury is AED 1.5M (USD 408K).
The Highbury by Ellington Properties will be conveniently located within close proximity to Al Ain – Dubai Road and Ras Al Khor Road, with an exit to Meydan One Street, Nad Al Sheba 1 (D69), which ensure excellent commutes to/from key destinations in Dubai. That being said, Dubai Marina, Downtown Dubai, Business Bay and Dubai International Airport, among other coveted destinations can easily be reached within less than a 20-minute drive. It is worth noting that the upcoming complex will be adjacent to Creek Vistas Grande, which is an upscale apartment project by Sobha Realty.
Within walking distance of The Highbury, the following social facilities are available:
On top of that, it will take approximately 15 minutes by car to reach plenty of iconic Dubai attractions, which include the Meydan Racecourse, home to the annual Dubai World Cup and the WHITE Dubai Nightclub, as well as Deep Dive Dubai, which is the world’s deepest diving pool. In addition, there is Meydan One Mall, which will encompass the world’s largest dancing fountains and the longest indoor ski slope, among other exclusive offerings upon its handover.
The Highbury will appeal to both single professionals and couples opting to live within a short drive of the DIFC, among other thriving commercial hubs, as well as families with children. This is attributed to the availability of 2 prestigious academic facilities within the immediate vicinity of the signature residential complex; Hartland International School for children until Year 13 and North London Collegiate School for students aged between 3 to 18 years.
If you are seeking to invest in The Highbury as a commercial asset for a subsequent lease, you will be keen to learn that the gross ROI for 1-bedroom units in MBR City has reached 5.8%, as of Q4 2022, according to Property Finder. The initial rental cost for a 1-bedroom apartment, meanwhile, is set at AED 60K (USD 16K) per annum in MBR City. When calculating the estimated net profit from a rental, please take into account the service charge of AED 16 (USD 4.36) per sq. ft in The Highbury. It is worth considering using a property management service, which will significantly facilitate the entire lease process on your behalf as a landlord.
In Dubai, when purchasing a ready unit worth at least AED 750K (USD 205K), you will be able to apply for a 3-year investor visa via the Taskeen Programme by the DLD. On the other hand, if the property cost exceeds AED 2M (USD 545K), you will be able to apply for the Golden Visa, which will provide you with a 10-year residency. As a result, once The Highbury is completed in Q4 2025, you can fully enjoy living in the UAE with your family on a long-term basis.
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