Guaranteed Rental Return Offer (GRRO) – Terms & Conditions

• Limited-Time Offer: Applicable to selected projects, for bookings with cleared deposits received on or before 31 August 2026, subject to availability.
• Return: Calculated on the property purchase price (excluding DLD/RERA fees, commissions, service charges, and other related costs).
• Term: The offer applies for a period of up to 5 years in Dubai and up to 4 years in Ras Al Khaimah (RAK).
• Payment Terms: Returns are paid semi-annually in arrears, subject to execution of Lease Management Agreement, the Sale and Purchase Agreement (SPA), and related documents.
• Eligibility & Transfer: This offer applies to the original Purchaser and may be transferred on a one-time basis only, subject always to the new purchaser executing a Lease Management Agreement (LMA) with Ellington. Any subsequent resale, assignment, or transfer shall render this offer null and void.
• Conditions: The offer is subject to the purchaser fulfilling all contractual obligations, including payment terms, KYC requirements, and execution of all required documentation.
• Management & Operation: The property will be professionally managed and operated by Ellington (or its appointed operator) throughout the applicable period and Ellington (or its appointed operator) retains exclusive rights to lease and manage the unit during the applicable period.
• General: This is a limited promotional offer and may be amended, suspended, or withdrawn at any time.
• Payment of Initial Amounts: The Purchaser shall pay the required down payment together with all applicable registration fees in full within thirty (30) days from the date of reservation/booking, failing which the Developer reserves the right to cancel the reservation and withdraw the reservation without further notice.