Berkeley Tower
Ellington Properties
Business Bay
Render of Berkeley Tower in the Business Bay skyline near Burj Khalifa Photo: © Ellington Properties
1 / 8- Floors
- 60
- Units
- 109
- Status
- Announced
- DLD No.
- 4417
- Project
- DP-0126
Overview
Berkeley Tower is a Grade A commercial high-rise launched in October 2026 by Ellington Properties in partnership with Al Hamra Group, on Sheikh Zayed Road in Business Bay, a short walk from Business Bay Metro Station. The developer describes a tower of about 60 floors with a double-height arrival lobby, five floors of leisure and wellbeing space (clubhouse, collaborative areas, fitness studios) and mobility features such as automated robotic parking, drone-delivery platforms and air-taxi vertiport infrastructure; the project value announced in the press is AED 2.8 billion. The Dubai Land Department lists 109 offices, from about 1,100 sq ft up to duplex and triplex units above 21,000 sq ft, with a registered start date of 28 September 2026 and a registered planned completion of 31 December 2031. At the 1 October 2026 inspection construction progress was 0%, so this is a pre-construction off-plan project and no handover has taken place. One registered off-plan sale exists so far (a 5,417 sq ft office on 10 November 2026 at about AED 4,435 per sq ft); there are no rental contracts or service-charge figures yet. Marketing handover dates differ between sources (2029 vs. 2031) and the images shown are developer renders.
Timeline
- Planned completion — as announced by the developer Planned Dubai Land Department — Project Status
- Tower unveiled by Ellington Properties and Al Hamra Gulf News
- Project registered with DLD Dubai Land Department — Project Status
- Off-plan launch Famproperties — Berkeley Tower page
- Construction start registered with DLD Dubai Land Department — Project Status
- Project type
- Office
1 source
- Construction status
- Announced
1 source
- announced · Dubai Land Department — Project Status
- Progress
- 0%
1 source
- Construction start
- Sep 2026
1 source
- 2026-09-28 · Dubai Land Department — Project Status
- Expected completion
- Dec 2031
Sources differ
- 2031-12-31 · Dubai Land Department — Project Status
- 2029-10-31 · Famproperties — Berkeley Tower page
- 2031-12 · DXB Offplan — Berkeley Tower page
- Actual handover
- Not stated
- DLD project number
- 4417
1 source
- DLD registration date
- 13 Oct 2026
1 source
- 2026-10-13 · Dubai Land Department — Project Status
- Project ID
- DP-0126
Videos
Published by the channels named below. A video starts loading only when you press play.
Building and units
- Height
- Not stated
- Floors
- 60
Sources differ
- Blocks
- Not stated
- Total units
- 109
1 source
- Parking spaces
- Not stated
- Developer
- Ellington Properties
Sources differ
- Ellington Properties · Ellington Properties — Berkeley Tower page
- Al Hamra Group (partner) · Gulf News
- E L P G Real Estate Development L.L.C · Dubai Land Department — Project Status
- Consultant
- Not stated
- Main contractor
- Not stated
Unit types and sizes
Each row keeps its own source. The bar shows where the size range sits among this project's units.
| Type | Units | Size | Source |
|---|---|---|---|
| Smaller offices (floors 1-31) | 8 | 1,132 – 1,389 sq ft | DXB Offplan — Berkeley Tower page Data to 15 Nov 2026 |
| Mid-size offices (floors 1-31 and 36-52) | Not stated | 2,364 – 6,522 sq ft | DXB Offplan — Berkeley Tower page Data to 15 Nov 2026 |
| Whole-floor office | Not stated | 12,182 sq ft | DXB Offplan — Berkeley Tower page Data to 15 Nov 2026 |
| Duplex office (floors 54-55) | Not stated | 21,873 sq ft | DXB Offplan — Berkeley Tower page Data to 15 Nov 2026 |
| Triplex office (floors 56-58) | Not stated | 22,191 sq ft | DXB Offplan — Berkeley Tower page Data to 15 Nov 2026 |
Payment plans
As quoted by each source. They don't always agree, so each one is shown on its own. Get the plan for your unit in writing from the developer.
- On booking20%
- 4 instalments of 5% at 90, 180, 240 and 360 days after booking20%
- 6 instalments of 5% at 20%-70% construction progress30%
- On completion30%
DXB Offplan — Berkeley Tower page Data to 15 Nov 2026
In the building
- Double-height arrival lobbyEllington Properties — Berkeley Tower page
- Five floors of leisure and wellbeingEllington Properties — Berkeley Tower page
- Signature clubhouseEllington Properties — Berkeley Tower page
- Collaborative work environmentsEllington Properties — Berkeley Tower page
- Fitness facilitiesEllington Properties — Berkeley Tower page
- Automated robotic parkingEllington Properties — Berkeley Tower page
- Drone delivery platformsEllington Properties — Berkeley Tower page
- Air-taxi vertiport infrastructureEllington Properties — Berkeley Tower page
- Double-decker destination-control liftsKhaleej Times
- Business lounges and meeting roomsKhaleej Times
- Outdoor terraces and event spacesKhaleej Times
Worth knowing
- Handover status
- Not started Dubai Land Department — Project Status
- Registered developer entity (DLD)
- E L P G Real Estate Development L.L.C Dubai Land Department — Project Status
- Escrow agent
- Commercial Bank of Dubai Dubai Land Department — Project Status
- Announced project value
- AED 2.8 billion Gulf News
- Total sellable area
- 579,681 sq ft DXB Offplan — Berkeley Tower page
- Indicative marketing price
- AED 4,500-5,000 per sq ft (not an official price list) Famproperties — Berkeley Tower page
- Rental contracts
- None — the tower is not built, so there are no registered Ejari contracts Dubai Land Department — Open Data
- Service charge
- Not set — no building in operation yet; no figure published by the developer Ellington Properties — Berkeley Tower page
- Maintenance cost
- Not published separately; expected to be part of the service charge once set Ellington Properties — Berkeley Tower page
- Price change (year on year / multi-year)
- Not available — launched in October 2026; the first registered sale is from November 2026 Dubai Land Department — Open Data
- Reported gross yield (marketing)
- 6%-8% projected, not guaranteed Famproperties — Berkeley Tower page
- Design concept
- Facade inspired by the fluidity of fabric in motion; sculptural form Ellington Properties — Berkeley Tower page
Prices and rents
Recorded sales
Figures sources attribute to recorded deals. Not checked against DLD yet.
| Figure | Value | Property type | Period | Source |
|---|---|---|---|---|
| Average sale price | AED 24,022,828 | All units | Jan 2026 – Nov 2026 | Dubai Land Department — Open Data Data to 15 Nov 2026 |
| Median sale price | AED 24,022,828 | All units | Jan 2026 – Nov 2026 | Dubai Land Department — Open Data Data to 15 Nov 2026 |
| Median price per sq ft | AED 4,435.12 / sq ft | All units | Jan 2026 – Nov 2026 | Dubai Land Department — Open Data Data to 15 Nov 2026 |
| Lowest recorded price | AED 24,022,828 | All units | Jan 2026 – Nov 2026 | Dubai Land Department — Open Data Data to 15 Nov 2026 |
| Highest recorded price | AED 24,022,828 | All units | Jan 2026 – Nov 2026 | Dubai Land Department — Open Data Data to 15 Nov 2026 |
| Number of sales | 1 | All units | Jan 2026 – Nov 2026 | Dubai Land Department — Open Data Data to 15 Nov 2026 |
| Total sales volume | AED 24.02M | All units | Jan 2026 – Nov 2026 | Dubai Land Department — Open Data Data to 15 Nov 2026 |
| Price change over one year | Not stated | |||
| Price change over several years | Not stated | |||
Asking prices
What sellers ask in adverts. Kept apart from deals because an asking price is not a sale.
| Figure | Value | Property type | Period | Source |
|---|---|---|---|---|
| Developer's starting price | AED 5,100,000 | Office | 2026-11 | DXB Offplan — Berkeley Tower page Data to 15 Nov 2026 |
| Median asking price per sq ft | Not stated | |||
| Lowest asking price | Not stated | |||
| Highest asking price | Not stated | |||
Rents
| Figure | Value | Property type | Period | Source |
|---|---|---|---|---|
| Annual rent | Not stated | |||
| Annual rent per sq ft | Not stated | |||
| Number of rent contracts | Not stated | |||
Individual deals on record
Grants and mortgages are shown for context and are not counted as market prices.
| Date | Deal | Amount | Size | Per sq ft | Source |
|---|---|---|---|---|---|
| 10 Nov 2026 | Sale | AED 24,022,828 | 5,417 sq ft | 4,435 | Dubai Land Department — Open Data |
Charts
The whole district, not this building. Source: Dubai Land Department — Open Data
Show as a table
| Month | Median AED / sq ft |
|---|---|
| Jan 2026 | AED 2,748 / sq ft |
| Feb 2026 | AED 2,477 / sq ft |
| Mar 2026 | AED 2,606 / sq ft |
| Apr 2026 | AED 2,713 / sq ft |
| May 2026 | AED 2,471 / sq ft |
| Jun 2026 | AED 2,412 / sq ft |
| Jul 2026 | AED 2,147 / sq ft |
| Aug 2026 | AED 2,220 / sq ft |
| Sep 2026 | AED 2,112 / sq ft |
| Oct 2026 | AED 2,167 / sq ft |
| Nov 2026 | AED 2,121 / sq ft |
Months without a record are not shown, which does not mean no deals took place.
Show as a table
| Month | Sales |
|---|---|
| Nov 2026 | 1 |
Berkeley Tower Business Bay
Show as a table
| Source | Berkeley Tower | Business Bay |
|---|---|---|
| Dubai Land Department — Open Data | AED 4,435 / sq ft | AED 2,440 / sq ft |
Data we don't have yet (4)
- Sale price per sq ft, last 12 monthsNeeds at least two months of recorded sales.
- Annual rent per sq ft, last 12 monthsNot enough dated rent contracts yet. The contracts on record start in the future or are too few to show a trend.
- Rental yield against similar projectsNo similar project with rent and price figures is in the directory yet.
- Construction progress over timeOnly one progress report is on record, so there is no trend to draw.
Investment analysis
Gross Rental Yield
Not stated
Net Rental Yield
Not stated
Payback Period
Not stated
Capital Appreciation
Not stated
- Rental Yield reported by a source
- 6.0% Famproperties — Berkeley Tower page
- ROI
- Not stated Depends on your resale price and holding period. Enter them in the calculator below.
- Average monthly rent
- Not stated
- Service charge, yearly
- Not stated
- Maintenance, yearly
- Not stated
- Buying costs (assumed)
- 4% + AED 580 DLD transfer fee and title deed, from secondary sources. Agent and trustee fees are not included.
Run your own numbers
Filled in from the leading figures above. Replace them with the real quote for your unit. Nothing you type is stored.
Total acquisition cost–
Gross yield–
Net yield–
Payback–
Monthly rent–
ROI over the holding period–
Location
Distances
| Place | Kind | By road | Straight line | By car | Source |
|---|---|---|---|---|---|
| Business Bay | Metro | 3.7 km | 0.2 km | 4 min | OpenStreetMap |
| Burj Khalifa / The Dubai Mall | Downtown Dubai | 5.8 km | 1.7 km | 7 min | OpenStreetMap |
| Dubai International Airport (DXB) | Airport | 20.8 km | 12.7 km | 21 min | OpenStreetMap |
| Shopping | Not stated | ||||
| Medcare Orthopaedics & Spine Hospital | Hospital | 4.3 km | 1.7 km | 6 min | OpenStreetMap |
| JSS School | School | 4.6 km | 0.7 km | 6 min | OpenStreetMap |
Around the project
- Business Bay Metro StationOpenStreetMap
- Al Wasl CentreOpenStreetMap
Compared with other projects
| Project | Status | Height | Floors | Units | Progress | Completion | Price |
|---|---|---|---|---|---|---|---|
| Berkeley Tower | Announced | Not stated | 60 | 109 | 0% | Dec 2031 | AED 5.1MStarting from |
| Wedyan | Announced | Not stated | 46 | 164 | 0% | Sep 2029 | AED 26MStarting from |
| Lumena Alta by Omniyat | Announced | 380 m | 73 | 186 | 0% | Mar 2030 | AED 19MStarting from |
| Avarra by Palace | Under Construction | Not stated | 75 | 694 | 0% | Jun 2031 | AED 3.23MStarting from |
Every figure here is a research figure. Prices are the headline figure of each project, so they are not always the same kind of number: read the small line under each.
Expert analysis
Mr Amlak's reading of the sources listed on this page. It is not a rating or an opinion of the Dubai Land Department.
Strengths
Official identity is clear: DLD project 4417, registered escrow account, a known developer with a track record in Business Bay, and a site about 0.2 km (straight line) from Business Bay Metro. The 109 offices cover a wide range of sizes, from about 1,100 sq ft to whole floors and duplex/triplex units.
Based on: DLD Project Status; OpenStreetMap; DXB OffplanWeaknesses
Almost every commercial detail is still unconfirmed: no official price list, two different payment plans, no service charge, and conflicting handover dates (2029 vs. 2031) and floor counts (60 vs. 62) between sources. Construction progress was 0% at the last DLD inspection.
Based on: DLD Project Status; Famproperties; DXB Offplan; Ellington pageInvestment opportunities
The only registered sale so far (a 5,417 sq ft office, 10 Nov 2026) is at about AED 4,435 per sq ft, close to the indicative AED 4,500-5,000 range, so early-launch pricing can be compared with later transactions once more sales are registered. Grade A office supply with amenity floors is a different product from the area's mostly residential stock.
Based on: DLD Open Data (1 sale, 2026); FampropertiesInvestment risks
Off-plan risk applies: delivery depends on construction progress and escrow releases, and the planned completion is about five years away (registered 31 Dec 2031). Promised features such as drone delivery and air-taxi vertiport infrastructure are described as 'future-ready' and depend on regulation, so they should not be counted on. No profit or rental income is guaranteed.
Based on: DLD Project Status; Ellington pageMarket reading
With a single registered sale, the AED 4,435 per sq ft figure is not a market median. For context, the median across all 5,615 registered Business Bay sales in 2026 (mostly residential) is AED 2,440 per sq ft, and the monthly median fell from 2,748 in January to about 2,121 in November; offices and apartments are different product types, so the two figures are not directly comparable. There are no rents, no service-charge data and no price-change history yet.
Based on: DLD Open Data 2026, Business BayConclusion
A newly launched, DLD-registered office tower in Business Bay with a strong location and a long timeline. Treat prices, payment plan, handover date and amenities as preliminary until the developer's signed sales terms are seen; verify the escrow account and contract with the developer before any decision.
Documents and official pages
Sources
| Source | Kind | Items | Latest data date | Last checked |
|---|---|---|---|---|
| Dubai Land Department — Open Data | Official | 22 | 15 Nov 2026 | 15 Nov 2026 |
| Dubai Land Department — Project Status | Official | 15 | 15 Nov 2026 | 15 Nov 2026 |
| Ellington Properties — Berkeley Tower page | Developer | 14 | 15 Nov 2026 | 15 Nov 2026 |
| DXB Offplan — Berkeley Tower page | Listings portal | 12 | 15 Nov 2026 | Not stated |
| OpenStreetMap | Reference | 8 | 15 Nov 2026 | Not stated |
| Famproperties — Berkeley Tower page | Listings portal | 6 | 15 Nov 2026 | Not stated |
| Gulf News | Reference | 3 | 26 Oct 2026 | Not stated |
| Khaleej Times | Reference | 3 | 3 Nov 2026 | Not stated |
Photo credits
| Photo | Credit | Licence | Source |
|---|---|---|---|
 Render of Berkeley Tower in the Business Bay skyline near Burj Khalifa | © Ellington Properties | Developer marketing material | Source page |
 Night aerial render of Berkeley Tower | © Ellington Properties | Developer marketing material | Source page |
 Render of the fluted facade with amenity terraces | © Ellington Properties | Developer marketing material | Source page |
 Render of the arrival lobby and reception | © Ellington Properties | Developer marketing material | Source page |
 Render of the double-height lobby with mezzanine | © Ellington Properties | Developer marketing material | Source page |
 Render of a lounge with a sea view | © Ellington Properties | Developer marketing material | Source page |
 Render of the fitness and spinning studio | © Ellington Properties | Developer marketing material | Source page |
 Render of the clubhouse games lounge | © Ellington Properties | Developer marketing material | Source page |