Reemah Elite Real Estate
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Projects·Dubai·Mohammed Bin Rashid City (MBR City)
Lakeshore, villas in Mohammed Bin Rashid City (MBR City), Dubai, by Ellington Properties
Off-PlanVillas

Lakeshore

Mohammed Bin Rashid City (MBR City) · Dubai · by Ellington Properties
Details are indicative, confirm with our desk before transacting
5 photos of Lakeshore. Renders and photography supplied by Ellington Properties.
Price from
AED 12.9M
entry price
Bedrooms
4BR-5BR
Villas
Handover
Q4 2026
Off-Plan
Est. gross yield
On ask

Ellington Properties is building Lakeshore, a villa project in Mohammed Bin Rashid City (MBR City), Dubai, offering 4BR-5BR. At AED 12,900,000 it is the 23th lowest entry of the 30 priced Mohammed Bin Rashid City (MBR City) projects we track, above the Mohammed Bin Rashid City (MBR City) median of AED 1,600,000. The 70/30 plan opens at 20 percent, AED 2,580,000, and with the 4 percent Dubai Land Department transfer fee of AED 516,000 the cash to begin is AED 3,096,000 before registration charges. The keys are due Q4 2026, roughly 3 months away, by which point AED 9,030,000 of the AED 12,900,000 will have fallen due. Asking prices across 2 live units ran AED 14,875,884 to AED 25,000,000 when we last looked in September 2026.

Why it makes the list
  • Launch price from AED 12,900,000
  • 70/30 payment plan
  • Handover Q4 2026
  • 4BR-5BR homes
Payment structure
70/30
Modelled on entry price AED 12.9M
Booking / down payment20% · AED 2,580,000
During construction50% · AED 6,450,000
On handover30% · AED 3,870,000

Payment plan as published on the developer's project listing, captured 2026-09-16. Confirmed with our desk before reservation. Figures shown against the entry price. Confirm the live schedule with our desk. Indicative, not financial advice.

Cost to entry
What it takes to secure a unit at Lakeshore: the down payment plus government and trustee costs, before the mortgage question.
Down payment20%
AED 2,580,000
DLD fee4%
AED 516,000
Trustee + adminfixed
≈ AED 4,500
All-in entry estimate
AED 3,100,500
Down payment 20% + DLD 4% + trustee. Indicative, not financial advice.
Location
Mohammed Bin Rashid City (MBR City) · Dubai
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EL
Developer
Ellington Properties
Tier 2 developer · Design-led developer; delivered the Belgravia series, DT1, Wilton Park Residences and other projects since 2014, with expansion beyond Dubai · since 2014
Track record →
Data provenance

Details for Lakeshore are compiled from the developer’s published project listing, captured 16 September 2026. Figures are indicative and are reconfirmed against Ellington Properties’s current inventory before any reservation. Spotted something out of date? Tell us and we will check it against the source.

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