PropertyIndex

Ocean House

Under Construction · Date not reported|95 units · 1 building

Ocean House is an under-construction development by NORTHACRE ELLINGTON DEVELOPMENT L.L.C in Palm Jumeirah, comprising 95 registered units. 92 sales are registered with the Dubai Land Department, at a current PIX© price of AED 5,312 per sqft. At AED 5,312 per sqft, Ocean House prices in line with the Palm Jumeirah median of AED 5,301 per sqft on registered sales.

PIX© price · 9.6% YoY
16.63MAED
Typical
5,312AED
PSF
Gross yield
Awaiting handover
PIX© rent ÷ PIX© price
Sale records
92
DLD · all time
Rent contracts
Awaiting handover
Ejari · all time
Exclusive to PropertyIndex©

PIX© Unit History

Pick a building and floor, or select a position in any table below, to follow one unit through every registered owner and tenant.

Floor
Units on floor unknown

Land, Ocean House

Size
Record
Jul 2015 to Oct 2022
Owners
3
Tenants
0
Price change
Yield on cost
Sale price by owner
PartyDatePrice / RentAEDPSFvs priorHeldNote
3Owner 317 Oct 20223.9 yrs
Current owner
Mortgage
2Owner 210 May 20175.4 yrs
1Owner 16 Jul 201522 mo
PIX© Airbnb Calculator

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Land · Ocean House
Occupancy (237 nights)
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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 - 9,946 sqft
9516.63M5,3129.6%
2 Bed · Apartment
1,630 - 4,213 sqft
58
3 Bed · Apartment
3,237 - 8,619 sqft
31
4 Bed · Apartment
5,331 - 9,946 sqft
6---
No rental contracts registered - the project has not handed over.
Sales - Project-Wide92 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Latest transactions
DateUnit No.BedsPositionSizePricePSFvs Prior SaleTierType
21 Jul 20262 BedOcean House · Floor 71,6369,625,8285,885-StandardOff-Plan Sale
20 Jul 20263 BedOcean House · Floor 73,23719,210,8285,935-StandardOff-Plan Sale
15 Jul 20262 BedOcean House · Floor G4,21318,956,8284,500-StandardOff-Plan Sale
Rentals - Project-Wide
PIX© rent analysis
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 5,312 per sqft, or about AED 16,634,845 for a typical unit, based on 92 sales registered with the Dubai Land Department.

When is Ocean House handing over?

Ocean House is under construction in the Dubai Land Department project register. No handover date is on record.

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 +9.6% over the last 12 months, to AED 5,312, across 92 registered sales.