# Ocean House Dubai — Apartments for Sale | WIZI PREMIUM > Buy at Ocean House by Ellington: beachfront duplexes & penthouses from ~AED 23M on Palm Jumeirah. Prices, payment plan, yields. Remote, RERA deal. > Canonical (HTML): https://wizipremium.com/projects/ellington-ocean-house.html > Markdown twin generated from the live page content. Date: 2026-09-16 --- By WIZI PREMIUM · Updated 27 June 2026 In short Ellington Properties built Ocean House on the northeastern Crescent of Palm Jumeirah, an ultra-prime 88-residence beachfront building of duplexes and penthouses, each with a private pool. Pricing starts from ~AED 23M, with a gross yield around 4–5%. It suits ultra-high-net-worth buyers and flagship-asset investors wanting a private-beach Palm address with resort-grade wellness amenities. Developer: Ellington Properties · Sources: developer brochure, Bayut, Property Finder, DLD · 2026 The project ## About Ocean House on Palm Jumeirah Ocean House is a 9-storey, 88-residence beachfront building on Palm Jumeirah's northeastern Crescent, set between Serenia and the Waldorf Astoria. Homes are duplexes and penthouses up to 14,000-plus sq ft, each with a private pool, served by a private beach, 50m pool, wellness spa, gym with indoor waterfall, cinema and clubhouse. As Ellington's flagship luxury product, the investment case is a flagship one: scarce ultra-prime Palm beachfront with branded design. Yields sit at the prime-Palm level of 4–5%, with the return story driven by capital value and end-user prestige rather than cash flow. Handover is around Q4 2026. Palm Jumeirah, Dubai Gallery ## Inside Ocean House Prices & payment · 2026 ## How much Ocean House costs | Type | From | Gross yield | |---|---|---| | 2-bed duplex | ~AED 23M | 4.5–5% | | 3 bedroom | ~AED 35M | 4–5% | | 4-bed duplex | AED 49M+ | 4–4.5% | | Penthouse | AED 100M+ | 3.5–4% | Indicative 2026 launch pricing; varies by unit, floor and view. Payment plan: 20/50/30, 20% down. Sources: Ellington Properties, Property Finder, DLD. Market context ## Dubai apartment price ladder In Palm Jumeirah, apartments trade around AED 3,450/sqft — among the city's most premium addresses. Gross yields here run about 5–6%. Use this to sanity-check where Ocean House sits on price. Palm Jumeirah AED 3,450 Downtown Dubai AED 3,011 Business Bay AED 2,547 Dubai Marina AED 2,058 Dubai Hills Estate AED 1,820 JVC AED 1,150 Dubai South AED 1,050 Average price / sqft by area · Source: Dubai Land Department transactions & Bayut, 2026 · indicative Recent sales · DLD ## What Ocean House actually sold for 3 home sales were registered at Ocean House in Jan–Jun 2026, at a median of AED 17,047,828 (~AED 5,266/sqft). Most recent registered transactions: | Date | Beds | Status | Size | Price | AED/sqft | |---|---|---|---|---|---| | 2026-05-22 | 3 B/R | Off-plan | 3,237 sqft | AED 17,047,828 | 5,267 | | 2026-01-23 | 2 B/R | Off-plan | 1,784 sqft | AED 9,100,828 | 5,100 | | 2026-01-14 | 3 B/R | Off-plan | 8,295 sqft | AED 58,315,229 | 7,030 | Source: Dubai Land Department — registered residential sales, Jan–Jun 2026. Apartments, villas and townhouses only; land plots are excluded because plot prices are not comparable with homes. Actual recorded deals, not asking prices. Investment view ## Is Ocean House right for you ? ### In favour - Ultra-prime private-beach address on Palm Jumeirah's Crescent - Only 88 residences, all duplexes/penthouses with private pools - Resort-grade wellness spa, 50m pool and Ellington design - Scarce flagship stock with strong long-term value retention ### Worth knowing - Very high entry ticket from ~AED 23M - Prime-Palm yields are modest at around 4–5% - Penthouse pricing reaches AED 100M+ on application - Off-plan with handover around Q4 2026 Calculator ## Your rental math Currency AED 23M AED 58.8M Gross estimate from typical Palm Jumeirah yields; net is lower after service charges (AED 12–25/sq.ft). Off-plan rent applies after handover (2026). Monthly rent — Annual income — Gross yield — Payback — ### Get Ocean House units that match this A shortlist with floor plans, payment plan and yield breakdown — to your WhatsApp within the hour. FAQ ## Common questions **How much is a residence at Ocean House?** Current pricing starts from roughly AED 23M for a 2-bed duplex, rising to AED 49M-plus for 4-bed duplexes and AED 100M-plus for top penthouses. **What yield does Ocean House give?** Gross rental yields are around 4–5%, typical of ultra-prime Palm beachfront where returns lean on capital value. **When does Ocean House hand over?** Handover is scheduled for around Q4 2026, with the building under construction. **Is Ocean House a good investment?** Ocean House returns roughly 4–5% gross; the draw here is ultra-prime private-beach address on Palm Jumeirah's crescent. Net depends on the exact unit — ask us to run the numbers before you commit. **What is the payment plan at Ocean House?** Ocean House is offered on a 20/50/30, 20% down plan (developer terms, subject to availability). Handover is 2026. We confirm the exact schedule and any current incentives per unit on request. **Does Ocean House qualify for the Golden Visa?** Yes — units at Ocean House from AED 2M qualify the buyer for the UAE 10-year Golden Visa, available off-plan. With entry around AED 23M, most units clear the threshold; we handle the application paperwork. Explore more ## Related pages [Palm Jumeirah](https://wizipremium.com/areas/palm-jumeirah.html) [Ellington Beach House](https://wizipremium.com/projects/ellington-beach-house.html) [Upper House](https://wizipremium.com/projects/ellington-upper-house.html) [More by Ellington](https://wizipremium.com/developers/ellington.html) [Off-plan guide](https://wizipremium.com/buy/off-plan-dubai.html) [All Dubai projects →](https://wizipremium.com/projects.html) Get started ## Buy at Ocean House Leave your details — we'll send live availability, floor plans and the full payment plan. Free; we reply within an hour.