Ethan is a near-handover residential apartment project in Nad Al Sheba 1, offering limited 1 and 2 bedroom units with January 2026 completion.
The project is located in Nad Al Sheba 1, Dubai. The surrounding area functions as a residential area and shows active buyer and rental demand. It is better suited to medium to long-term residential demand than short-term speculation.
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Ethan – Nad Al Sheba 1 exterior

Ethan – Nad Al Sheba 1 Payment Plan & Handover Date

Griffin Real Estate Developer • Nad Al Sheba 1, Dubai • Handover January 2026

AED 1.4M starting

Handover
January 2026
Developer
Griffin Real Estate Developer
At a glance
✨
Project Status Near Handover
✨
Area Type Low-Density Residential
✨
Handover Jan 2026
Starting price AED 1.4M
To reserve (20%) AED 280,000
Payment plan 20/50/10/20
Handover January 2026
Location Nad Al Sheba 1, Dubai

Ethan – Nad Al Sheba 1 Payment Plan & Down Payment

20/50/10/20 — 20% down payment at launch, 50% during construction, 10% on handover, 20% post handover.

Down payment: 20% on booking, about AED 280,000 at the entry price, plus the 4% DLD fee at registration.

Cash to buy in Ethan – Nad Al Sheba 1 on day one
AED 337,000
20% booking AED 280,000 + 4% DLD fee AED 56,000 + Oqood registration AED 1,000, at the entry price. A developer admin fee, if the developer charges one, comes on top: ask for it in writing.
Every fee on Ethan – Nad Al Sheba 1, worked out →
Milestone%Entry price (AED 1.4M)
Down payment at launch20% AED 280,000
During construction50% AED 700,000
On handover10% AED 140,000
Post handover20% AED 280,000
DLD transfer fee, on purchase4% AED 56,000
Cash needed before handover70% + fee AED 1,036,000
On handover10% AED 140,000
After handover20% AED 280,000

20% falls due after you get the keys, so the unit can be let before the balance is paid. Excludes the AED 1,000 Oqood registration, any developer admin fee and service charges; confirm every figure against your sale agreement. Compare payment plans across every Dubai project →

Handover January 2026

If the marketed date and the date in your sale agreement differ, the contract governs — get it in writing before you pay.

Ethan – Nad Al Sheba 1 Handover Date & Construction Progress

Handover: January 2026. Ethan – Nad Al Sheba 1 is not in the part of the DLD register we track (projects registered or due in 2026), so we cannot show its % built here.

Check the escrow account and construction progress on the DLD register or the Dubai REST app before you pay — here is how to read an escrow account, and what it does not protect →

Dubai project status tracking: see every project on the DLD register, how much is built and how it has moved →

Property Overview

Type Apartment
Purpose For sale
Completion Off-plan
Developer Griffin Real Estate Developer
Ownership Freehold
Handover date January 2026
Usage Residential

Ethan – Nad Al Sheba 1 unit types & floor plans

UnitSize
1 Bed Apartment 813 sq ft
2 Bed Apartment 1,109 sq ft

Floor plans: not published in a form we can verify — ask the developer for the plan of your exact unit and floor before you commit.

Ethan – Nad Al Sheba 1 Location & Master Plan

Metro No announced metro connectivity
Roads Ras Al Khor Road, Al Ain Road
Nearby Meydan Racecourse - 10 min • Downtown Dubai - 15 min • Dubai International Airport - 20 min • Ras Al Khor Road - 5 min
5/10 Medium

Future Infrastructure Confidence

Nad Al Sheba 1 benefits from proximity to Meydan and central Dubai, but has limited announced residential infrastructure expansion.

Nearby Transport

Roads: Ras Al Khor Road, Al Ain Road

Amenities & Facilities

Gym Lobby area Covered parking 24/7 security Landscaped common areas

Is Ethan – Nad Al Sheba 1 a good investment? Our view

The project introduces a small volume of apartments to an area with limited high-rise residential supply.

Who it suits

Ethan is best suited for end users or long-term holders seeking early occupancy in a low-density residential area.

For investors

Investor exits depend on niche demand and holding period rather than rapid resale liquidity.

If you will live there

For end users, Ethan offers near-term delivery, larger unit sizes, and a quieter neighborhood setting.

FAQs

Is Ethan suitable for investors?

The project is better suited for end users or longer holding periods rather than quick resale.

What is the payment plan for Ethan – Nad Al Sheba 1?

The structure is 20% down payment at launch; 50% during construction; 10% on handover; 20% post handover. Because part of the balance falls after you take ownership, rental income can service it — which is the main cash-flow advantage of this plan.

When is handover?

Handover is expected in January 2026.

What makes this project different?

Its near-handover timing and location within a low-density villa area.

Explore More

Data & accuracy: Figures on this page are compiled from Dubai Land Department open data, developer materials and market sources, and can change without notice. Prices, payment plans, handover dates and availability must be verified directly with the developer or a RERA-licensed broker before you commit to anything. Nothing here is financial advice or an offer to sell. Spotted something wrong? Tell us and we'll correct it. Last updated 13 Oct 2026.

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