PropertyIndex

Ocean House

Under Construction · 30%|95 units · 1 building

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Ocean House is an under-construction apartment development by NORTHACRE ELLINGTON DEVELOPMENT L.L.C in Palm Jumeirah, comprising 95 registered units. 98 sales are registered with the Dubai Land Department, at a current PIX© price of AED 5,199 per sqft. At AED 5,199 per sqft, Ocean House prices 29% above the Palm Jumeirah average of AED 4,017 per sqft on registered sales.

PIX© price · 5.8% YoY
22.37MAED
Typical
5,199AED
PSF
Gross yield
Awaiting handover
PIX© rent ÷ PIX© price
Sale records
98
DLD · all time
Rent contracts
Awaiting handover
Ejari · all time
Ocean House

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoY
PIX© Core
Project-Wide
1,630 – 9,947 sqft
9522.37M5,1995.8%
Residential
2 Bed · Apartment
1,630 – 4,213 sqft
58
3 Bed · Apartment
3,237 – 8,619 sqft
31
4 Bed · Apartment
5,332 – 9,947 sqft
6
Land
Development Land
120,329 sqft
No rental contracts registered — the project has not handed over.
Sales — Project-Wide98 DLD records
Sale price AED/sqft · monthly · all time

Price per sqft has risen +5.8% over the last 12 months, to AED 5,199, across 98 registered sales.

PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range · all time
PSF range
Avg size
Cash : mortgage
Off-plan : ready
DateSizePricePSFUnit TypeType
22 Jul 20261,6369,625,8285,885StandardOff-Plan Sale
20 Jul 20263,23719,210,8285,935StandardOff-Plan Sale
16 Jul 20264,21318,956,8284,500StandardOff-Plan Sale
Rentals — Project-Wide
No Ejari rental contracts. Contracts appear once handover occurs and tenancies are registered.

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Palm Jumeirah

The closest-priced registered projects in Palm Jumeirah.

Common questions about Ocean House

Answered from Dubai Land Department registered transactions.

How much does a property in Ocean House cost?

Property in Ocean House sells at a current PIX© price of AED 5,199 per sqft, or about AED 22,374,395 for a typical unit, based on 98 sales registered with the Dubai Land Department.

When is Ocean House handing over?

Ocean House is under construction, and is 30% complete against the Dubai Land Department's reported progress.

Who is the developer of Ocean House?

Ocean House is developed by NORTHACRE ELLINGTON DEVELOPMENT L.L.C, the developer recorded against the project in the Dubai Land Department register.

How many units are in Ocean House?

Ocean House holds 95 registered units, per the Dubai Land Department unit register.

Have prices in Ocean House gone up or down?

Price per sqft has risen +5.8% over the last 12 months, to AED 5,199, across 98 registered sales.