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Ocean House

Palm Jumeirah , Dubai

AED 8,374,828
≈ AED 8,374,828
Golden Visa Eligibility
Free Residency Visa
Construction Progress66%
Bedrooms
2
Size
1,642 sqft
Price/Sqft
AED 5,100

Description

The Ocean House, developed by Ellington Properties, offers an exclusive living experience by the ocean, with a focus on providing unique and personalised experiences for its residents. The development boasts a stunning selection of beachfront apartments on the Palm, providing views of iconic landmarks such as the Burj Khalifa, Burj Al Arab and Arabian Gulf. The apartments range from 2 to 6-bed units, with options for duplexes and penthouses, all designed to cater to the discerning lifestyle of residents. The development also offers a range of luxurious amenities, including a 50-metre Olympic swimming pool, wellness studio, clubhouse, cinema room and games room.

Amenities & Features

Lobby in Building
Swimming Pool
Kids Play Area

Property Details

Property TypeApartment
ProjectOcean House
CommunityPalm Jumeirah
CompletionOff-Plan - Q2 2026
Parking1 space
CityDubai
FurnishedUnfurnished

Investment Analysis

Acquisition Costs

Property PriceAED 8,374,828
DLD Fee (4%)AED 334,993
Trustee FeeAED 4,200
Agency (2%)AED 167,497
Total InvestmentAED 8,881,518

Expected Annual Returns

Expected Annual RentAED 703,486
Service Charges (Est)-AED 24,630
Net Annual IncomeAED 678,856
Net Annual ROI7.6% (after expenses)
Payback Period13.1 years

How We Calculate These Numbers

The figures above are based on standard Dubai acquisition and income assumptions so you can compare properties consistently.

  • Total Investment = Property price + DLD fee (4%) + Trustee/registration fee + Agency (2% if applicable).
  • Net annual income = Expected annual rent − estimated service charges (e.g. based on AED per sqft).
  • Net ROI = (Net annual income ÷ Total investment) × 100.
  • Payback period = Total investment ÷ Net annual income (years).

Distance from Major Landmarks

Burj Khalifa14.2 km
Dubai Mall14.7 km
Dubai Airport (DXB)25.3 km
Mall of the Emirates5.1 km
Dubai Marina6 km