Ethan by Griffin: Apartments in Nad Al Sheba 1
Griffin Real Estate Developer is behind Ethan, a residential apartment project in Nad Al Sheba 1, one of Dubai's quieter suburban districts. The project offers one- and two-bedroom apartments, with construction underway since April 2025. The expected completion date was January 2026, so the project is now at or approaching the handover phase.
What Nad Al Sheba 1 Means in Practice
Nad Al Sheba sits southeast of Business Bay and Downtown Dubai, with the Meydan district as its closest major neighbour. For a resident here, that means reasonable access to Dubai's main commercial spine without paying a central-zone premium. The area runs predominantly residential, which suits buyers looking for a quieter base rather than a walkable urban environment.
Commutes to Business Bay or the DIFC run roughly 15 to 20 minutes by car in normal traffic. Dubai International Airport sits a similar distance to the northeast. The proximity to Meydan, and to the south corridor of the city more broadly, expands the options for residents and investors who value connections in that direction.
This is not a location for buyers chasing a buzzy address. It suits those who want solid value relative to central Dubai while staying within a manageable commute of the city's main employment hubs.
What AED 1.38M to AED 1.87M Gets You
The price range runs from AED 1,385,701 to AED 1,872,789, and the spread maps directly onto two unit sizes. What moves the number here is almost entirely bedrooms.
At the low end sits a one-bedroom apartment of 813 sq ft, priced at AED 1,385,701, which works out to around AED 1,704 per sq ft. The two-bedroom unit comes in at 1,109 sq ft and AED 1,872,789, or roughly AED 1,688 per sq ft. The per-square-foot rate is essentially flat across both sizes, so buyers are paying for space, not for any pricing efficiency at the larger end.
The one-bedroom suits a single professional, a couple, or an investor targeting the rental market. The two-bedroom opens the door to small families or buyers who want a home office or guest room without committing to villa-scale costs.
What the Amenity Set Says
| Category | Amenities |
|---|---|
| Wellness & Fitness | Gymnasium, Indoor Swimming Pool |
| Outdoor & Leisure | Landscaped Gardens, Children's Play Area |
| On-Site Convenience | Restaurants, Lobby in Building |
| Security | CCTV Security |
Seven amenities in total. The indoor swimming pool functions year-round, unaffected by Dubai's summer temperatures. The on-site restaurants reduce dependence on external dining, which matters for a location not built around a high-street commercial strip.
The overall set reads as practical rather than resort-heavy. Gymnasium, gardens, and a children's play area together point to a project aimed at residents who prioritise everyday functionality.
Approaching Handover
Construction at Ethan began in April 2025, with a targeted completion of January 2026. As of August 2026, that date has passed, placing the project at or past its handover window. Buyers entering now are not signing up for a multi-year off-plan wait. The development is near complete.
Getting In on 20%
| Phase | Payment |
|---|---|
| Down payment | 20% |
| During construction | 50% |
| Handover | 10% |
| Post-handover | 20% |
The entry requirement is 20% down. The structure back-loads the balance, with 20% post-handover meaning a meaningful share of the total price defers beyond keys-in-hand. Given that the project is now at or near handover, buyers entering today would move into that post-handover phase relatively quickly rather than waiting out a full construction timeline.
For an investor, the deferred final tranche means rental income can start flowing before the purchase price is fully settled. For a self-use buyer, it eases the cash flow transition at handover. The bulk of the outlay (50%) lands during the construction phase, with the back-end 20% providing some breathing room.