Ethan
- Under construction · 64% built · handover Q2 2026, overdue
- 9 floors
- 2 lifts
- 48 parking bays
- 1 pool
- Master developer Griffin
A 2 bed in Ethan costs a median AED 1.82M.
2 bed · typical price
1.82MAED
AED 1,700/sqft
- vs Nad Al Sheba Gardens
- 4% below the median
Cost to buy, all inAED 1.94M
- Price
- AED 1.82M
- DLD fee 4%
- AED 72,910
- Agent 2% + VAT
- AED 38,278
- Trustee
- AED 4,200
Is Ethan a good investment?Easy to sell; few units are let and lots of new supply is coming; no record of the yield and the rent trend
- Does it pay a good rent?Too few leases or sales to divide one by the otherNo record
- Is it easy to let?5 yearly leases, new and renewed, across 48 units in 12 months10%Watch
- Are rents going up?Too few new leases on both sides of the year to measure a changeNo record
- How fast do fees pay back?AED 115,388 in fees to buy a 2 bed: DLD 4%, agent 2% plus VAT, trusteeAED 115,388
- Can I sell easily?23 sales in 12 months, 48% of the tower (0 the year before)23Strength
- Is a lot being built nearby?169 apartments are planned in Nad Al Sheba Gardens from 2026 to 2028, equal to 76% of the 222 homes let there today. A further 94 are past their planned date. Nad Al Sheba Gardens supply by year →76%Watch
- Did earlier buyers gain?Up 0% for launch buyers, before fees0.0%Context
Readings use published thresholds · 2 bed figures, the most traded type · Data to 12 Oct 2026
Ethan prices and rents by unit typeA two-bed costs about AED 1.82M
Appreciation, rental income and short-term detail, by unit typeAppreciation, rental income and short-term detail, by unit type
Appreciation
2 bed · price per sqft · Nad Al Sheba Gardens · area median AED 1,774/sqft
- vs area median
- -4.2%
Rental income
2 bed · Nad Al Sheba Gardens
- Renewal rent
- AED 140,000/yr
Price history and sales
As filed with the Land Department — data to 2026-10-12.
Chart data, 2 bed: 2025, AED 1,798,746; latest, 2026, AED 1,865,000; peak, 2026, AED 1,865,000.
Did earlier buyers gain?
Median paid per sqft, all types, against today’s 1,640 · before fees
- Launch, 2025–26
- 1,640
- 0%
- 23 sales
- Last 12 months
- 1,640
- today
- 23 sales
The change is what a buyer at each median would be up or down at today’s median. A shift in the unit mix can move a median without any unit changing price.
No resales match the last 12 months. Try another transaction type, bedroom type or period.
Market context in Nad Al Sheba Gardens
Registered sales activity
7 ready apartment sales in the 12 months to 2026-10-12.
Price change lacks sufficient evidence in both periods.
Explore sales activityPlanned apartment projects
123 known registered units across 2 pending projects planned within one year of the 2026-07-06 register.
2 projects had already passed their planned date; 0 have unknown timing.
Explore planned supplySupply against leasing, and same-building moves
169 apartments are planned in Nad Al Sheba Gardens from 2026 to 2028, equal to 76% of the 222 homes let there today.
How these are countedDirect locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.
About Ethan
Ethan is an under-construction (64% built) apartment building by Griffin in Nad Al Sheba Gardens. 23 sales are registered with the Dubai Land Department.
The building, as registered
- Floors
- 9
- Lifts
- 2
- Parking bays
- 48
- Pools
- 1
- Master developer
- Griffin
Nearest, as registered
- Metro
- Business Bay Metro Station
- Mall
- Dubai Mall
- Landmark
- IMG World Adventures
Ethan: AED 1,640 per sq ft, 7% below the median Nad Al Sheba Gardens building
The building's own figures against its area's registered market, last twelve months.
Price per sq ft
Median registered sale price, AED per sq ft, last 12 months
- EthanAED 1,640
- Nad Al Sheba Gardens, readyAED 1,575
- Nad Al Sheba Gardens, off-planAED 1,821
- Dubai, readyAED 1,421
Nearby in Nad Al Sheba Gardens
Prices per sq ft around Ethan, on the mapPrices per sq ft around Ethan, on the map
The Roof Residence
Nad Al Sheba Gardens · 18 sales, 12 months
1.93M
AED, resale median · 1,559/sqft
La Vue Parc
Nad Al Sheba Gardens · 21 sales, 12 months
1.79M
AED, resale median · 2,302/sqft
Celia Gardens
Nad Al Sheba Gardens · 17 sales, 12 months
1.69M
AED, resale median · 1,940/sqft
Queen's Garden
Nad Al Sheba Gardens · 8 sales, 12 months
2.08M
AED, resale median · 1,848/sqft
Before you decide
The facts that can change the return, each with the date it rests on.
- Sales and rents toOn record
- Sales evidence · 2 bedOn record
- Rental evidence · 2 bedRead with care
- Service chargeNot on file, so the yield is gross. Current approved budgets are in DLD's Service Charge Index (Mollak), by project.Not on record
- Project registerRead with care
- DeveloperOn record
- Building recordOn record
- Costs not includedNot in the yield
Rent or buy
What owning a 2 bed here costs against renting it, at stated assumptions you can change.
Monthly cost of owning against renting, with your own deposit and rateMonthly cost of owning against renting, with your own deposit and rate
Prefilled from Ethan’s median sale price and annual rent, with the fees and growth rates listed in the breakdown as of . Change any figure.
More assumptionsFewer assumptions
The site does not hold this building’s service charge; type yours to include it. Residency sets the default down payment: typical bank floor, not a rule.
- Monthly mortgage
- —
- 4.5% over 25 years
- Monthly rent
- —
- Cash needed at purchase
- —
Enter a price, a rent, a rate, a term and a horizon to model the comparison.
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Common questions
- What is the rental yield in Ethan?
- No gross yield is published for Ethan as of 2026-10-12: fewer than 5 new Ejari contracts were registered in the last 12 months. In the last 12 months it had 13 registered sales and 0 new Ejari contracts; a published yield needs at least 5 new contracts and 3 sales. The Nad Al Sheba Gardens median is 6.0% gross.
- How much does a 2 bedroom in Ethan cost?
- The median registered sale price is AED 1.82M (1,700 AED/sqft), from 13 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.
- How many apartments change hands in Ethan?
- 13 sales were registered with the Dubai Land Department in the last 12 months. Every median on this page rests on those counts.
- Which metro station is closest to Ethan?
- Business Bay Metro Station, per the Dubai Land Department's own nearest-landmark fields. The nearest mall is Dubai Mall.
For agents
Send this page to a client as a branded report
Ethan sale record
- Record type
- Building-level property market record
- Data date
- · refreshed
- Evidence base
- 13 registered sales in the last 12 months for the default unit type
- Sources
- Dubai Land Department sale transactions and Ejari rental contracts
- Canonical record
- /sale/apartments/dubai/nad-al-sheba-gardens/ethan
Cite as: Dubai Wealth Index. “Ethan sale prices and yield.” Nad Al Sheba Gardens, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/sale/apartments/dubai/nad-al-sheba-gardens/ethan
Stable dataJSON