Developer Deal
Mercer House | South Tower
Ellington PropertiesPark View Tower, JVC District 14, Jumeirah Village Circle (JVC), Dubai, UAE
From
AED 1,150,000
Handover
Q3 2027
Payment Plan
70/30
Down Payment
20%
Back to Developer DealsDeveloperEllington PropertiesView developer profile
Ocean House
Palm Jumeirah, Dubai, UAE
DeveloperEllington PropertiesView developer profileDLD Waiver
—
Discount
—
Handover
Q2 2026
Post Handover
—
Payment Plan
60%
40%
20% down
About Ocean House
Ocean House by Ellington Properties introduces residents to exclusive Oceanside living, to create a home of unique experiences curated for, and by, residents seeking a lifestyle incomparable to anywhere else. Ocean House features a remarkable collection of beachfront residential apartments on the Palm with views of the Burj Khalifa, Burj Al Arab, Marina Skyline, Palm Jumeirah, and Arabian Gulf. Fe…
Floor Plans
Project documents
Brochures
Master plans
Payment schedule
Main
- Deposit
- 20%
- During construction
- 40%
- On handover
- 40%
Market Intelligence
Completed transactions in Ocean House
Median sale price/sqft
AED 5,217/sqft+0.7%
Median sale price
AED 16,500,828
Median price/sqft over time
Feb 24Range AED 5,098 – AED 5,446Nov 24
Transaction activity
LiquidityModeratePrice momentumStable
27 sales and 0 rentals in the last 12 months
Off-plan vs ready
Off-plan 100%
Primary vs resale
Primary 100%
Recent transactions
| Date | Building | Beds | Area | Price | AED/sqft |
|---|---|---|---|---|---|
| 2024-11-28 | Ocean House | 3 | 3,642 sqft | AED 19,831,828 | 5,446 |
| 2024-11-28 | Ocean House | 3 | 3,642 sqft | AED 19,831,828 | 5,446 |
| 2024-11-19 | Ocean House | 2 | 1,783 sqft | AED 10,612,828 | 5,953 |
| 2024-10-04 | Ocean House | 2 | 1,630 sqft | AED 9,000,828 | 5,523 |
| 2024-08-30 | Ocean House | 2 | 1,922 sqft | AED 11,110,828 | 5,782 |
| 2024-07-31 | Ocean House | 2 | 1,630 sqft | AED 9,404,828 | 5,771 |
Completed transactions in Palm Jumeirah
Median sale price/sqft
AED 2,774/sqft+0.9%
Median sale price
AED 4,200,000
Gross rental yield
4.4%
Median annual rent
AED 185,000
Median price/sqft over time
Dec 23Range AED 2,472 – AED 3,408Dec 24
Community activity
LiquidityStrongPrice momentumStable
1,825 sales and 5,197 rentals in the last 12 months
Primary vs resale
Resale 80.5%Primary 19.5%
Recent transactions
| Date | Building | Beds | Area | Price | AED/sqft |
|---|---|---|---|---|---|
| 2024-12-13 | Serenia Living Tower 1 | 2 | 2,028 sqft | AED 9,500,000 | 4,685 |
| 2024-12-13 | The Palm Tower | 1 | 1,055 sqft | AED 4,000,000 | 3,792 |
| 2024-12-13 | The Fairmont Palm Residence South | 2 | 1,995 sqft | AED 5,200,000 | 2,607 |
| 2024-12-13 | Jash Hamad | 3 | 2,224 sqft | AED 4,200,000 | 1,888 |
| 2024-12-13 | Al Khushkar | 3 | 2,218 sqft | AED 4,525,000 | 2,040 |
| 2024-12-13 | Muraba Residence | 2 | 1,980 sqft | AED 7,935,935 | 4,008 |
Estimates are based on completed transactions and are not an official valuation. Data as of 2024-12-31.
Request the full payment plan for Ocean House
Our team will send you the complete payment schedule, floor plans and current offer from Ellington Properties.
- • Full payment plan + down payment
- • Available unit types and launch prices
- • Early-bird offers before public launch
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Frequently asked questions about Ocean House
- What is the handover date for Ocean House?
- Ocean House is scheduled for handover in Q2 2026.
- What is the starting price of Ocean House?
- Prices start from AED 22,580,828. Contact our team for current availability.
- Who is the developer of Ocean House?
- Ocean House is being developed by Ellington Properties.
- Where is Ocean House located?
- Ocean House is located in Palm Jumeirah, Dubai, UAE.