Off-planThe Lakeshore at The Sanctuary, MBR City
HIGHLIGHTS
About The Lakeshore
| Overview | Project Details |
|---|---|
| Location | The Sanctuary, MBR City |
| Project Type | Off-Plan |
| Property Type | Villas |
| Unit Type | 4-Bed and 5-Bed |
| Developer | Ellington Properties |
The Lakeshore is the newest residential cluster to be launched in The Sanctuary. The off-plan project by Ellington Properties was announced in Q3 2023 and will be located in District 11 of Mohammed Bin Rashid City. Buyers and investors can choose from 4 and 5-bedroom villas in Ellington, The Lakeshore.
IN A NUTSHELL
- The latest addition to The Sanctuary
- Located in District 11, MBR City
- A project by Ellington Properties
- 4 and 5-bedroom bespoke villas
PROPERTY
COMMUNITY OVERVIEW
The Lakeshore Villas by Ellington is located within District 11 of MBR City. Residents will find Hartland Square and Hartland Boulevard featuring various luxury fashion and retail brands nearby. For dining, one can head to The Walk and find restaurants and cafes serving the finest cuisines.
The Lakeshore Villas by Ellington Masterplan
Ellington The Lakeshore Villas The Sanctuary will offer an exceptional living experience. The houses will have modern architecture, spacious living areas and superb finishing. Moreover, the villas will overlook the crystal lagoon, ensuring beautiful views from the terraces.
Highlights of The Lakeshore Muhammad Bin Rashid City are:
- Private pools and courtyards
- Outdoor leisure activities
- Meydan One Mall and Avenue Mall are in proximity
Each villa in The Lakeshore will have a private garden with a pool and a seating area near the park and lagoon. The landscaped gardens, barbecue area, sundeck, and lounger lawn can serve as outdoor gathering spaces. Residents will also have access to amenities such as a relaxation area with board games, landscaped gardens, picnic areas, community parks, a dog park, a children’s playground, pathways and courtyards.
The under-construction Meydan One Mall will be a short drive from the development. It will feature over 550 retail outlets, a 13,200 sq.m. hypermarket, 180 restaurants and a medical centre, besides ample parking spaces upon completion. Avenue Mall in Nad Al Sheba will be another option for shopping. It has numerous retail brands, including high-end fashion outlets, electronics shops and pharmacies.
Properties in The Lakeshore, The Sanctuary
The Sanctuary MBR City, Dubai, will have 4 and 5-bedroom bespoke villas. All homes will be built according to Dubai’s green building codes and will feature energy-efficient lighting, water-saving plumbing fixtures and low-noise efficient cooling systems.
There will be elevators in every villa in The Lakeshore. Open and closed kitchens will have built-in appliances by Miele. The villas will also have private pools, gardens and patios.
Sales Trends in The Lakeshore MBR City
Villas for sale in Lakeshore by Ellington, MBR City, are expected to reap profitable returns considering the location and amenities.
The sales trend for these bed types is as follows:
- 4-bedroom villas for sale in The Lakeshore cost AED 12.9M.
- The 5-bedroom villas for sale in The Lakeshore cost AED 14.9M.
One can also consider investing in other Mohammed Bin Rashid City villas for sale.
Payment Plan
Ellington Properties has announced a 70/30 payment schedule for The Lakeshore villas. Buyers can book properties with an initial down payment of 20%.
| Payment in % | Schedule |
|---|---|
| 20% | Down payment on reservation |
| 10% | November 2023 (60 days after reservation date) |
| 10% | January 2024 (120 days after reservation date) |
| 5% | May 2024 (240 days after reservation date) |
| 5% | September 2024 (360 days after reservation date) |
| 5% | December 2024 (450 days after reservation date) |
| 5% | March 2025 (540 days after reservation date) |
| 5% | September 2025 (720 days after reservation date) |
| 5% | March 2026 (900 days after reservation date) |
| 30% | On completion |
*Source: Ellington Properties
Location
- Silicon Central Mall is a 7-minute drive by car.
- Academic City is a 10-minute drive away.
- The Track Meydan Golf is a 13-minute drive away.
- Meydan Racecourse is a 16-minute drive by car.
- Falcon Heritage & Sports Center is a 16-minute drive by car.
FAQs about The Lakeshore
Where is The Lakeshore located?
The Lakeshore will be part of The Sanctuary, District 11, Mohammed Bin Rashid City.
What are the property types in the development?
The Lakeshore by Ellington will have 4 and 5-bedroom villas. Sales prices start from AED 12.9M (for 4-bed units).
Can foreigners invest in this off-plan project by Ellington?
Foreign nationals and expats can buy a property in The Lakeshore MBR City Dubai.
What is the payment plan for Ellington Lakeshore?
Lakeshore Mohammad Bin Rashid City has a 70/30 payment plan.
*Featured image source: Ellington Properties
