New homes in Knightsbridge Phase 2 start at AED 13,800,000; keys are due Dec 2027; you pay 10% to book, 45% while it is built and 45% at the keys.
Keys
Dec 2027
The developer's handover date
Payment plan
10 / 45 / 45
10% to book, 45% while it is built, 45% at the keys
Bedrooms
5 to 6 beds
Sizes
6,005 to 9,007 sq ft
Ownership
Freehold
Property types
Villa
Registration fee
4% of the price
Paid to the Dubai Land Department
Details from the developer, as of Nov 1, 2026. They can change; ask us to confirm before you book.
Dubai Land Department register
From price per sq ft
AED 2,298 per sq ft
At the smallest size listed
We couldn't match this project to the Dubai Land Department project register yet. Ask us for its RERA project number.
Paying for it
You pay 10% when you book, 45% as the building goes up, and 45% when you get the keys.
AED
When
Stage
Share
Amount
Now
Booking
10%
AED 1,380,000
Feb 2027
While it is built
11.3%
AED 1,552,500
Apr 2027
While it is built
11.3%
AED 1,552,500
Jul 2027
While it is built
11.3%
AED 1,552,500
Sep 2027
While it is built
11.3%
AED 1,552,500
Dec 2027
Keys
45%
AED 6,210,000
Booking payment, 10%
AED 1,380,000
Dubai Land Department fee (Oqood), 4%
AED 552,000
Cash you need to bookThe developer pays the broker, so there is no buyer's fee.
AED 1,932,000
The dates are our estimate: we spread the construction share evenly between now and the keys. The developer's real dates follow the building work, so they can move.
Your payments go into the project's escrow account, which RERA watches, not straight to the developer.
Before you buy
Pay into the project's escrow account only.
Every off-plan project in Dubai must have an escrow account at a bank, watched by RERA. Pay into that account, never to a person. Ask for the account number.
Budget for the service charge.
Buildings in this area paid a median of AED 17 per sq ft a year in 2023, from 16 buildings on the Dubai Land Department register. For the smallest home (6,005 sq ft) that is about AED 102,000 a year.
Register the sale with Oqood.
The Land Department records off-plan sales in its Oqood register. Until your sale is on it, the home isn't in your name.
Rent and yield
Gross yield at the from price
9.6%
Median rent of villas with 5 or more bedrooms in Meydan City
AED 1,320,000 a year
Rent contracts counted
85
Rented between
Apr 1, 2025 and Mar 31, 2026
Gross yield is a year's rent before costs, as a share of the price. At the from price: AED 1,320,000 ÷ AED 13,800,000 = 9.6%. The home earns nothing until the keys, and new buildings often rent for more than older ones.
Rents come from Ejari, Dubai's register of rent contracts: new residential contracts in the area, all buildings. A median is the middle one: half are lower, half higher.
On your doorstep
Kent College850 m, 13 min walkSchool
GEMS Wellington Academy3.9 km, 13 min driveIB school
Indian International School2.9 km, 12 min driveIndian school
Knightsbridge Phase 2 is a Leos Development villa project in Meydan City with 5- and 6-bedroom villas from AED 13,800,000 and handover listed for December 2027. Kent College is about 870 m away, and 55% of the price is due before handover.
The from price is AED 13,800,000. The plan is 10% on booking, 45% during construction and 45% at handover. At the from price that is AED 1,380,000 to book, AED 6,210,000 during construction and AED 6,210,000 at handover. Separately, the 4% DLD fee comes to AED 552,000; ask when it is due. The listing gives no dates for the construction payments, so ask for them in writing.
Handover is listed for December 2027, about 13 months from now. Ask the developer for a construction update and a written handover date before you book. Ask too for the price per square foot of the villa you want, and compare it with recent sales in Meydan City.
Villa types named in the listing include The Blenheim, a 6-bedroom villa of 9,007 sq ft, and The Chatsworth, a 5-bedroom villa of 6,005 sq ft. The villas are in District 11 of Meydan and ownership is freehold. Shared facilities include a gym, a pool, a children's pool and a barbecue area.
Kent College is about 870 m away, around 6 minutes by car, and a polyclinic about 1.1 km. Indian International School is about 2.9 km away and GEMS Wellington Academy about 3.9 km. Dubai Creek Harbour is about 8.4 km away. Creek Metro Station is about 10 km away, around 20 minutes by car, and Business Bay about 21 minutes by car.
The developer's plans. Sizes and layouts can change; ask us for the plan of the exact unit you're looking at.
The Chatsworth
The blenheim
Questions about this project
Which developer is behind Knightsbridge Phase 2?
Leos Development. The villas are in District 11 of Meydan City and ownership is freehold.
Which villa layouts can I choose?
The listing names two: The Blenheim (6 bedrooms, 9,007 sq ft) and The Chatsworth (5 bedrooms, 6,005 sq ft). Ask whether other layouts are offered.
How much do I pay before handover?
55% of the price: 10% on booking and 45% during construction. At the from price that is AED 1,380,000 and AED 6,210,000, with another AED 6,210,000 at handover.
When is handover?
The listed date is December 2027, about 13 months away. Ask the developer for a construction update before you book.
Is there a school close by?
Kent College is about 870 m away. GEMS Wellington Academy is about 3.9 km away.
Can foreigners buy here?
Yes. Knightsbridge Phase 2 is listed as freehold, so foreign buyers can own outright.
