Ocean House
Ellington Properties · 2BR, 3BR, 4BR · Palm Jumeirah, Dubai
Ocean House is a residential project by Ellington Properties in Palm Jumeirah, Dubai, offering 2BR, 3BR, 4BR layouts. Prices start from AED 49,284,828. This is an off-plan purchase with expected completion in December 2026 on a 60% during construction, 40% on handover payment plan. The indicative gross yield band for this area and unit mix is 4% – 5.5%: below you will find the project data, investment fit, risks and frequently asked questions reviewed by an independent advisor.
Ocean House is a premium off-plan project by Ellington Properties located on Palm Jumeirah, offering a limited collection of luxurious residences.
Key facts
- Developer
- Ellington Properties
- Area
- Palm Jumeirah, Dubai
- Property type
- 2BR, 3BR, 4BR
- Starting price
- AED 49,284,828
- Payment plan
- 60% during construction, 40% on handover
- Expected completion
- December 2026
- Construction status
- Now selling
- Indicative gross yield
- 4% – 5.5%
Yield ranges are indicative market benchmarks for this area and unit mix, not a guaranteed return. Figures must be validated per unit before any commitment.
Who this project fits
Ocean House typically fits prime buyers focused on wealth preservation and personal use rather than income, across 2BR, 3BR, 4BR layouts in Palm Jumeirah, Dubai. Because it is off-plan, capital stays committed until handover and income starts afterwards. The indicative gross yield band for this area and unit mix is 4% – 5.5%.
Risks to weigh
As with any off-plan purchase, there is handover-delay risk and developer risk: check escrow, permits and delivery track record. The payment plan lowers the upfront outlay but commits future cash: stress-test it against your real cash flow. Incoming supply in Palm Jumeirah, Dubai can compress rents and prices in the short term; service charges, currency and financing costs all affect net yield. Yield ranges are indicative market benchmarks for this area and unit mix, not a guaranteed return. Figures must be validated per unit before any commitment.
Frequently asked questions about this project
How much does a unit at Ocean House cost?
Prices at Ocean House start from AED 49,284,828. The final figure depends on layout, floor and orientation — we pull the current price list from the developer for the specific unit you want.
Where is Ocean House located?
Ocean House is located in Palm Jumeirah, Dubai. We assess the area on rental demand, incoming supply and accessibility — not on project marketing.
What is the payment plan for Ocean House?
The indicated payment plan is: 60% during construction, 40% on handover. We verify the full structure, including milestones and the balance due at handover.
When is Ocean House expected to complete?
Expected completion is December 2026 (current status: now selling). Off-plan dates can slip, so we check construction progress and the developer's delivery record.
What yield can I expect at Ocean House?
The indicative gross band for this area and unit mix is 4% – 5.5%. Yield ranges are indicative market benchmarks for this area and unit mix, not a guaranteed return. Figures must be validated per unit before any commitment.
Who is the developer of Ocean House?
Ocean House is developed by Ellington Properties. We review their delivery record, build quality and value retention before recommending it.
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