Riverton House Meydan Horizon Dubai

Riverton House is Ellington Properties' tower at Meydan Horizon in Bu Kadra, part of Mohammed Bin Rashid City — 24 storeys, 19 residential floors over a four-level podium, holding only 152 homes. Apartments run from 1 to 3 BHK, about 755 to 1,911 sq ft, with a 2 BHK plus study layout in between. Prices start at AED 2,000,000 (about Rs 5.15 crore) on a 70/30 plan, and handover is Q2 2028.

This is the conservative buy in Meydan. Ellington was founded in 2014, has delivered more than 18 Dubai buildings, reports 96% occupancy across them, and every source prints the same handover quarter — which almost never happens off-plan. Less settled is the entry price: four figures circulate, from AED 1.91 M to AED 2.3 M. At AED 2 M the rate is about AED 2,551 per sq ft against a district median near AED 2,076.

At a glance

Price and unit pricing

Four entry figures are in print across broker pages: AED 1.91 M, AED 2 M, AED 2.2 M and AED 2.3 M. AED 2 M appears most often, and on the pages that also carry unit-by-unit tables, which is why this page works from it — but a range that wide on one building means none of them is quoting a price list. Ask Ellington directly, and get the unit number against the figure.

On rate the pattern is the usual one: about AED 2,551 per sq ft on the smallest 1 BHK falling to about AED 2,185 on the largest 3 BHK, against a district median near AED 2,076 — roughly a 23% premium at the entry and about 5% on the 3 BHK. For yield, the larger units are the better-priced end of this building; at the minimum ticket, the small unit is where the premium is steepest.

Payment plan and total cost

The quoted plan is 70/30, interest free: 20% on booking, 50% in instalments during construction and 30% at handover in Q2 2028. Worked on the AED 2 million entry unit:

A 70/30 is a middle-of-the-road Dubai plan: 70% through the build, 30% held back for handover — heavier on pre-handover cash than the 50/50 plans elsewhere in this district, lighter than the 80/20 plans in cheaper communities. Over the roughly twenty months to Q2 2028 the 50% construction tranche is about AED 50,000 a month on the entry unit, worth planning for rather than discovering.

No service charge is published. The amenity list is deep for a 152-home building, and a deep amenity deck spread over few homes raises the per-unit share, so ask for the budget as soon as Ellington issues it. The UAE charges no annual property tax and a residential sale does not attract VAT, so the 4% DLD transfer fee is the main government cost.

Location and connectivity

Meydan Horizon sits in Bu Kadra, between Dubai Creek and Dubai-Al Ain Road, directly opposite Ras Al Khor Wildlife Sanctuary and next to Meydan Racecourse. The masterplan puts four crystal lagoons and a 4 km promenade at its centre, with eleven residential plots for mid- and high-rise towers over ground-level retail. Downtown Dubai is about 10 to 15 minutes by car via Dubai-Al Ain Road (E66) and DXB about 20 minutes.

Two caveats. A Dubai Metro station is planned but not built, and no source gives an opening date, so the community is car-dependent. And Meydan Horizon is early-stage: at handover in Q2 2028 much of what surrounds this tower will still be a building site, which affects the view, the noise and the rent you can ask in year one.

For the other Meydan Horizon tower in this set, see Mansory Residences by Amaal, a 48-storey branded building a few plots away; for an apartment in Meydan District 11, see Samana Rome. See all Dubai projects we track and the projects list.

Amenities and specifications

Quoted: an entrance lobby and club spaces including a Supper Club, an infinity pool, a gym and yoga studio, sunbathing terraces with cabanas, wellness and treatment rooms, a sauna, children's play spaces, a petting area, barbecue areas, quiet reading rooms and an outdoor yoga deck — a long list for 152 homes, which is the point of a small building from this developer.

Apartments are described with generous glazing and balcony living in what Ellington calls an industrial-inspired, eco-minded design — its house style, and the reason its delivered buildings rent above their districts. Not published: the appliance schedule, the parking allocation and the service-charge budget. Final specification as per the SPA.

About the developer

Ellington Properties was founded in 2014 and builds design-led apartment buildings rather than volume stock. It reports 18-plus delivered projects with around 37 more under construction, across Jumeirah Village Circle, Downtown Dubai, Mohammed Bin Rashid City, Dubai Hills Estate and Arjan.

The recent record is checkable. 2025 completions include Berkeley Place, 127 apartments in Mohammed Bin Rashid City, Eaton Palace, 110 homes in JVC, and Ellington House in Dubai Hills Estate; Ellington House II and Arbor View began handover in May 2026. The company reports 96% occupancy across delivered stock, with no significant delays reported.

Of the five projects in this Meydan batch, this is the developer with the longest and clearest Dubai delivery record. That does not make the price right, but it removes the largest single risk in an off-plan purchase: whether the building gets finished.

For Indian buyers

Freehold, any nationality. Mohammed Bin Rashid City is a designated freehold area, so an Indian buyer owns the apartment outright with a title deed issued by the Dubai Land Department in their own name. On AED 2 million the 4% DLD transfer fee is AED 80,000, and trustee, registration and agency charges take the all-in cost to roughly 6% over the price.

Remittance. AED 2 million is about USD 545,000, against an LRS allowance of USD 250,000 per person per financial year — so a couple can cover it in one year, a single buyer in two, or with a UAE mortgage. Only about USD 109,000 is due on booking, and the 50% construction tranche spreads over roughly twenty months, so the plan fits the allowance better than the headline suggests.

Golden Visa, with no margin. At exactly AED 2 million the entry unit sits on the threshold, not above it: a 5% discount, or a smaller unit, takes you below and costs you the visa. If the visa is the point, buy a larger unit or hold the price at or above AED 2 million in writing, and apply through the DLD once the Oqood registration is in your name.

Tax, yield and exit. The UAE charges no annual property tax and takes no tax on rent; an Indian tax resident still declares the rent and any gain in India, with treaty credit for tax paid abroad. Mohammed Bin Rashid City apartments run about 5.5% to 7.2% gross and roughly 4.3% net after service charges, and buying 23% over the district median pulls the gross toward the lower end — unless the building rents at a premium, which Ellington's stock has done elsewhere, with Ellington House reported about 28% above its market average. On exit, a completed Ellington building is among the easier resales in Dubai, which is the real argument for paying the premium.

Pros

• The strongest delivery record in this set: 18-plus completed Dubai buildings since 2014, no reported delays
• Only 152 homes in 24 storeys, not a 500-unit investor block
• Every source prints the same handover quarter, Q2 2028 — rare for an off-plan tower
• A 70/30 plan leaves 30% until handover and is quoted interest free
• 10 to 15 minutes from Downtown, opposite Ras Al Khor Wildlife Sanctuary
• Ellington reports 96% occupancy across delivered stock, which matters if you plan to let

Cons

• Four different entry prices are in print — AED 1.91 M, AED 2 M, AED 2.2 M and AED 2.3 M
• Sizes conflict too: 1 BHK layouts of 784 to 840 sq ft on one source, 755 to 1,261 on another
• At about AED 2,551 per sq ft the entry unit is roughly 23% above the district median of AED 2,076
• The AED 2 M entry sits exactly on the Golden Visa threshold, so any discount drops it below
• No source prints the DLD project number, the escrow bank or the service charge
• At handover much of the Meydan Horizon masterplan around the tower will still be a building site
• The planned Dubai Metro station is not built and no source gives an opening date

Who this is for

• Buyers who want the safest delivery record here and will pay 23% over the district median for it
• End users who want a small 152-home building with a full amenity deck
• Investors who intend to let, where the 96% occupancy record is worth real money
• Golden Visa buyers who will hold the price at or above AED 2 M in writing

Who should look elsewhere

• Buyers who need handover inside two years
• Anyone chasing the cheapest entry in Meydan — the district median is 23% below this rate
• Buyers who want a finished neighbourhood rather than an early-stage masterplan
• Anyone who cannot get the entry price pinned in writing while four figures are in circulation

Our verdict

Riverton House is the conservative choice in this Meydan set. Ellington has the clearest delivery record of the five developers here, and Q2 2028 is the only handover date in this batch every source agrees on. The building is small at 152 homes, the amenity list is deep, the 70/30 plan is reasonable. What you pay is a rate about 23% above the district median, plus a starting price four pages report four ways — a reminder that broker pages are not price lists. At exactly AED 2 M the Golden Visa has no margin, so a discount costs you the visa. Pin the price and the unit in writing and this is a sound purchase.

Run this project's numbers yourself. The calculator opens on the price and unit size above; change the currency, the rent or the mortgage and it recalculates the fees, the cash you need on day one and the net rent.

FAQs

What is the price of Riverton House?

AED 2,000,000 (about Rs 5.15 crore) is the figure most broker pages carry for a 1 BHK, which is roughly AED 2,551 per sq ft on the smallest layout. Other pages print AED 1.91 M, AED 2.2 M and AED 2.3 M. Larger layouts are quoted from about AED 2.82 M and AED 4.01 M. Ask Ellington for the price list, which is the document that settles it.

What is the payment plan?

A 70/30 plan quoted as interest free: 20% on booking, 50% in instalments during construction and 30% at handover. On AED 2 M that is AED 400,000 down, AED 1,000,000 during the build and AED 600,000 at handover, plus a 4% DLD transfer fee of AED 80,000.

When is the handover?

Q2 2028, and every source we checked prints the same quarter, which is unusually consistent. Ellington's own record supports it: 18-plus buildings delivered since 2014, with Ellington House II and Arbor View entering handover in May 2026.

How many homes are there and how big are they?

152 homes in a 24-storey building — 19 residential floors over a four-level podium. Sizes run from about 755 sq ft for a 1 BHK to 1,911 sq ft for the largest 3 BHK, with a 2 BHK plus study at 1,337 to 1,367 sq ft. Sources disagree on the 1 BHK band, so ask for the plan.

Who is Ellington Properties?

A Dubai developer founded in 2014, known for design-led apartment buildings. It reports 18-plus delivered projects and around 37 under construction, including Berkeley Place in Mohammed Bin Rashid City, Eaton Palace in JVC and Ellington House in Dubai Hills, with 96% occupancy across delivered stock and no reported significant delays.

Is the project registered with the DLD?

It is sold off-plan, which in Dubai requires DLD registration and a DLD-approved escrow account, but none of the sources checked prints the project number or names the escrow bank. Check the Dubai REST app before paying a booking amount.

Does it qualify for the Golden Visa?

At AED 2 M it sits exactly on the AED 2 M property threshold, with no margin. A discount or a smaller unit takes you below it. Get the purchase price confirmed in writing at or above AED 2 M, and apply through the DLD once the Oqood registration is in your name.

What yield can I expect?

Mohammed Bin Rashid City apartments run around 5.5% to 7.2% gross depending on size and about 4.3% net after service charges. Buying at roughly 23% above the district median pulls the gross figure toward the bottom of that band unless the building rents at a premium — which Ellington's delivered stock has done elsewhere.

Can an Indian buyer remit the full amount?

AED 2 M is about USD 545,000, more than two annual LRS allowances of USD 250,000 per person. A couple can cover it inside one financial year; a single buyer needs two years, or a UAE mortgage. Only about USD 109,000 is due on booking under the 70/30 plan.

What are the running costs?

No service charge is published for Riverton House. Budget a Mohammed Bin Rashid City apartment rate and ask for the building's own budget once issued — the amenity deck is large for 152 homes, which raises the per-unit share. The UAE charges no annual property tax and a residential sale does not attract VAT.

For the price list by unit number, the SPA date and a viewing at Meydan Horizon, talk to Realty Hunting.

Compare with other Dubai projects

Also in Meydan: Mansory Residences (from AED 2.1 M, handover 2028), Samana Rome (from AED 2.1 M, handover 2028), The Cube Residences (from AED 1.3 M, handover 2027) and Knightsbridge (from AED 7.9 M, handover 2027).

More by Ellington: Ellington Altiera Heights (from AED 1.9 M, handover 2028), Ellington House (from AED 1.4 M, ready) and Ellington Arbor View (from AED 860,000, ready).

A similar budget elsewhere in Dubai: Palm Beach Towers (from AED 2 M, handover 2026), Marriott Executive Residences (from AED 2,004,000, ready) and Sunset Bay 3 (from AED 2.02 M, handover 2027).

Read next: Off-Plan Property in Dubai: How It Works · Dubai Property Payment Plans: 1% Monthly, Post-Handover and More · The Dubai Golden Visa Through Property. Every Dubai project we track is listed on the Dubai section.