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Wilton Park Residences Phase 2 By Ellington

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Developer
Ellington
Address
Dubai, Mohammed Bin Rashid City, Wilton Park Residences 2
Price Range
AED 992,799 - AED 2,016,323
Completion
1 December 2023
Payment Plan
15% / 35% / 50%
Property Types
Apartment
Payment Plan
15%Down payment
35%During construction
50%On handover

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Developer
Phases
01/10/2023
Construction Started
01/12/2023
Expected Completion
Amenities
GymnasiumRestaurantsShared PoolChildren's Play Area

Wilton Park Residences Phase 2 by Ellington: What Buyers Need to Know

A Completed Project Worth Verifying

The expected completion date listed for this project is December 2023. That date has passed. If that timeline held, this building has already been handed over. Before you go any further, confirm with Ellington or a registered agent whether units are delivered, what the current availability looks like, and whether any resale stock exists alongside any remaining developer inventory. Everything below should be read with that context in mind.

Who Built It and What It Is

Ellington is one of Dubai's more design-focused residential developers. They have built a reputation for interiors that sit above the mid-market average, with more attention to finishes and layout proportions than you typically see at this price point. Wilton Park Residences Phase 2 is an apartment project in Mohammed Bin Rashid City, the second phase of an established scheme on the same site.

Mohammed Bin Rashid City: What the Location Actually Means

Mohammed Bin Rashid City (MBR City) sits roughly between Downtown Dubai and Meydan. That positioning is genuinely useful. You are around 10 to 15 minutes from Downtown by car in reasonable traffic, and the area connects easily to Al Khail Road. For someone working in DIFC or Business Bay, this is a commutable address without paying Downtown prices.

MBR City has matured considerably over the past few years. Infrastructure is largely in place, retail and dining have followed residential growth, and the area attracts a mix of end-users and buy-to-let investors. For investors, the tenant pool draws from professionals who want proximity to the city core but prefer newer, quieter surroundings to the density of Downtown itself.

What AED 993K to AED 2M Buys You Here

The price range runs from AED 992,799 to AED 2,016,323. That is roughly a 2x spread, which tells you something about the unit mix. At the lower end, you are likely looking at a studio or a compact one-bedroom. At the upper end, you are probably in a two-bedroom unit with a better floor, a larger layout, or a more desirable aspect.

If your budget sits below AED 1.2M, this is a realistic entry point into an Ellington product in a well-connected district. If you are considering the upper range, compare carefully against two-bedroom options in nearby schemes, because at AED 2M in MBR City you have choices.

Amenities

Category Facilities
Fitness Gymnasium
Leisure Shared Pool
Dining Restaurants
Family Children's Play Area

Four amenities is a lean offering. The gym and pool cover the basics. The presence of restaurants suggests ground-floor or podium-level dining within the development, which adds day-to-day convenience. The children's play area signals that Ellington sees families as part of the buyer profile here, not just young professionals or investors. This is a practical amenity set rather than an extensive one. It keeps service charges lower, which matters if you are buying to let.

Getting In for 15%

Stage Payment
Down Payment 15%
During Construction 35%
On Handover 50%

Given that completion appears to have already occurred, this payment structure may no longer apply as originally presented. If you are buying from the developer on remaining stock, the handover payment of 50% is due now, not at a future date. That is a significant cash requirement and changes the liquidity calculation considerably compared to entering an off-plan scheme mid-construction.

There is no post-handover payment plan. For investors relying on rental income to service a loan after handover, that absence matters. You need your financing arranged and your cash position clear before you proceed. Speak to a mortgage broker early if you are not a cash buyer.

Before You Take the Next Step

The data on this project is thin in places, and the completion date question is the most important thing to resolve. Pull the current unit list, ask for the service charge rate, and verify handover status directly. If units are already tenanted on resale, you may be able to see actual rental yields rather than projecting them. That is worth more than any brochure.

Ask for vacancy rates & price-per-sqft growth over the last 3 years.

Location

Dubai, Mohammed Bin Rashid City, Wilton Park Residences 2

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Questions & Answers

What is the starting price for apartments in Wilton Park Residences Phase 2?

Apartments in Wilton Park Residences Phase 2 start from AED 992,799, making it an attractive option in Mohammed Bin Rashid City, Dubai. The price range extends to AED 2,016,323, accommodating various investment interests. This pricing reflects the modern living standards and amenities available.

What types of properties and prices are available in Wilton Park Residences Phase 2?

Wilton Park Residences Phase 2 offers luxurious apartments priced between AED 992,799 and AED 2,016,323. These properties in Mohammed Bin Rashid City feature contemporary designs and are perfect for both investors and homebuyers seeking premium lifestyle options.

What is the payment plan for Wilton Park Residences Phase 2?

The payment plan for Wilton Park Residences Phase 2 includes a 15% down payment, followed by 35% during construction and the remaining 50% on handover. This structured approach makes investing in Dubai real estate manageable and attractive for potential buyers.

When will Wilton Park Residences Phase 2 be ready for move-in?

Wilton Park Residences Phase 2 is expected to be completed by December 2023. Construction has already commenced, ensuring timely delivery for those looking to invest in Dubai's thriving real estate market.

Where is Wilton Park Residences Phase 2 located?

Wilton Park Residences Phase 2 is located in Mohammed Bin Rashid City, Dubai. Situated in a prime location, it offers easy access to various attractions and amenities, ensuring a vibrant lifestyle for its residents.

Who is developing Wilton Park Residences Phase 2?

Wilton Park Residences Phase 2 is developed by Ellington, a well-respected name in Dubai's real estate market known for its commitment to quality and design. Their focus on creating exceptional living spaces adds value to this project.

What amenities are available in Wilton Park Residences Phase 2?

Wilton Park Residences Phase 2 boasts a range of attractive amenities, including a gymnasium, restaurants, a shared pool, and a children's play area. These features contribute to a luxurious and family-friendly living environment.

What types of properties are available in Wilton Park Residences Phase 2?

Wilton Park Residences Phase 2 offers a selection of apartments tailored to various lifestyles and preferences. These modern living spaces reflect elegance and functionality, ideal for both investment and residential purposes.

Is Wilton Park Residences Phase 2 a good investment?

Yes, Wilton Park Residences Phase 2 presents a promising investment opportunity due to its strategic location in Dubai and the reputation of Ellington as a developer. The potential for high ROI, capital appreciation, and rental yield make this project appealing.

How can I book an apartment in Wilton Park Residences Phase 2?

Booking an apartment in Wilton Park Residences Phase 2 is simple. Interested buyers can contact our sales team for a consultation or visit our site to explore the available options. Secure your investment in Dubai real estate today!

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