Dubai-based boutique developerEllington Properties and Dubai Multi Commodities Centre (DMCC) have joined hands to develop 1.2 billion UAE dirhams ($326.70 million) Upper House, a new residential development in Jumeirah Lakes Towers (JLT).

Ellington’s first residential project in JLT, which will house 377 units, is slated for completion by early 2026, the developer said in a statement.

Dubai-based Brewer Smith Brewer Group has designed the project.

The name of the contractor was not disclosed.

In November 2022, Ellington Properties Co-Founder and CEO Elie Naaman told Zawya Projects that the company is set to launch its first gated community in the UAE and plans to expand into the Middle East.

In the same month, the developer sealed a partnership deal with Shuaa Capital to develop a new residential project on Palm Jumeirah.