Ocean House

P3 — Under Development Off-Plan Primary
Developer Ellington Properties Development L.L.C
Community Palm Jumeirah
Property type Apartment
Data updated Jan 23, 2026

Ocean House is a Under Development development by Ellington Properties Development L.L.C in Palm Jumeirah. 89 units across 2 Bedroom (63%), 3 Bedroom (32%), 4 Bedroom (4%). Over the trailing 12 months, 93 sales at a median of AED 18,412,828.

Key Metrics
Median Price
Value
AED 18,412,828
Change
10.8% YoY
Transactions
Value
93
Change
7 in period
Price / sqft
Value
AED 5,132
Handover Status
Value
P3
Change
Under Development
Median Price
AED 18,412,828
↑ 10.8% YoY
Transactions
93
↑ 7 in period
Price / sqft
AED 5,132
Handover
P3
Under Development
Investment Analytics
Capital Return
Value
12.7%
Community avg
Holding Period
Value
5.5 yrs
Community avg
Ready Market Mix
Value
0.0%
Community avg
Capital Return
12.7%
Community avg
Holding Period
5.5 yrs
Community avg
Ready Market Mix
0.0%
Community avg

Rental Performance

Unit Mix

By bedroom type
2 Bedroom 56 units · 63%
3 Bedroom 28 units · 32%
4 Bedroom 4 units · 4%
5 Bedroom 1 units · 1%

Transaction Breakdown

All time — 93 transactions
Off-Plan Primary
89
Off-Plan Secondary
4

Price History

Median Price — Ocean House

Median prices in Ocean House have risen sharply, up 84% from AED 18.4M to AED 33.7M over the past 5 months.

Recent Transactions

Showing last 10 of 93
Date Type Price (AED) Size (sqft) AED/sqft
Jan 23, 2026 OP Secondary 9,100,828 1,784 5,100
Jan 14, 2026 OP Secondary 58,315,229 8,295 7,029
Nov 29, 2025 OP Primary 18,412,828 3,641 5,056
Jul 07, 2025 OP Secondary 8,900,000 2,103 4,231
Jun 10, 2025 OP Primary 30,822,828 5,463 5,641
Jun 02, 2025 OP Primary 18,686,828 3,641 5,131
Apr 17, 2025 OP Primary 18,360,828 3,534 5,194
Mar 02, 2025 OP Primary 16,741,828 3,237 5,171
Feb 18, 2025 OP Primary 11,551,828 1,782 6,479
Jan 14, 2025 OP Primary 49,999,828 8,620 5,800

This project is in Palm Jumeirah

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