New launches • Payment plans • Shortlist in 48–72h
Off-plan

Ocean House

Palm Jumeirah Ellington

An ultra-prime Ellington address on Palm Jumeirah with 2- to 6-bedroom residences, duplexes, penthouses and a trophy-asset investment profile.

Handover: Dec 2026 From 23 000 000 AED Plan: 5 / 15 / 5 / 5 / 5 / 5 / 5 / 5 / 5 / 5 / 40 Updated: Mar 13, 2026

Project snapshot

Updated: Mar 13, 2026
Developer Ellington
Project type Off-plan
Status Available
Handover Dec 2026
From price 23 000 000 AED
Payment plan at a glance 5 / 15 / 5 / 5 / 5 / 5 / 5 / 5 / 5 / 5 / 40

Project overview

Ocean House sits very clearly in the ultra-prime tier of Ellington’s portfolio. Located on Palm Jumeirah, it targets buyers looking for very large homes, iconic views and a residential experience that feels closer to a private club than to a conventional apartment building.

The project is defined as much by its location as by its format. This is not a mass-market product, but a collection of 2- to 6-bedroom residences including apartments, duplexes and penthouses, with a highly premium wealth-preservation profile.

Why this project deserves attention

Strengths

The first strength is obvious: Palm Jumeirah. Very few Dubai addresses offer the same level of prestige, international recognition and long-term desirability. For wealth-preservation buyers, that creates a structurally strong value base.

The second strength is the nature of the product itself. Ocean House focuses on large residences, open views toward the sea, Burj Al Arab, Burj Khalifa and the skyline, and a quieter, more private residential mood than some louder ultra-luxury assets.

The third strength is the quality of the amenity concept. The project highlights private-club-style amenities and a wellness-led residential experience that is coherent with its target segment and supports long-term desirability.

Limitations

The first watchpoint is the entry ticket. Ocean House sits at a pricing level where market depth is naturally narrower, and resale cycles can be slower than on more standardized products.

The second watchpoint is real delivery timing and live primary inventory. Market sources are not perfectly aligned on timing, so a final verification is still needed before publication.

Who it suits

Ocean House is best suited to ultra-high-end buyers, second-home strategies at the prestige end of the market, and wealth-preservation investors looking for an iconic asset rather than a mass-market yield play.

Apartment types

The project communicates apartments, duplexes and penthouses ranging from 2 to 6 bedrooms. That alone is enough to position the product well above the standard residential market in both size and budget.

Amenities

Confirmed features include private-club amenities, a pool deck, lobby, health club, cinema room, kids play area and wellness spa. The overall package is designed to support a more exclusive, calmer and service-led residential lifestyle.

Investment potential

Rental potential

Rental potential exists within a very premium niche, but it should be approached realistically. Demand is narrower, more selective and far more sensitive to exact view line, layout quality and finish level than in mainstream segments.

Capital appreciation potential

The main strength of Ocean House is wealth preservation. Palm Jumeirah remains an internationally recognized address, and rare, well-located, well-executed homes can sustain strong long-term value perception. In assets like this, rarity and address often dominate the investment thesis.

What an investor should verify

Buyers should verify real live inventory, delivery timing, actual view line, contractual finish specifications, future service charges, associated services and demand depth for comparable ultra-prime homes on Palm Jumeirah. At this level of the market, asset-level detail is decisive.

About the developer

Ellington is a design-led developer founded in 2014. On an address like Ocean House, that positioning matters because the investment case is not about location alone, but also about whole-product quality and the project’s ability to remain differentiated within the ultra-prime segment.

This page helps you assess the project quickly: area fit, delivery timing, payment logic and the main points to clarify before reserving.

What we can send you
Updated price list, payment plan, unit availability, and our short investor notes (yield assumptions + exit plan).

Payment plan

Each milestone is shown with its share of the total. Where the developer uses monthly instalments, the label below keeps the monthly rhythm visible so the plan is easier to audit.

Step Allocation
At the time of booking 5%
Upon signing the reservation agreement 15%
60 days after the reservation date 5%
120 days after the reservation date 5%
On completion of 20% construction of the Project 5%
On completion of 30% construction of the Project 5%
On completion of 40% construction of the Project 5%
On completion of 50% construction of the Project 5%
On completion of 60% construction of the Project 5%
On completion of 70% construction of the Project 5%
On completion 40%

Indicative only. Final payment milestones depend on developer documents and SPA terms.

Location

Ocean House is located in Palm Jumeirah, developed by Ellington.

For a deeper district breakdown, see the dedicated area guide. Read the Palm Jumeirah area guide

Location should be assessed through access, end-user demand, day-to-day liveability and resale depth. Current public markers: pricing shown from 23 000 000 AED, handover guidance around Dec 2026, a payment plan of 5 / 15 / 5 / 5 / 5 / 5 / 5 / 5 / 5 / 5 / 40. It can also be benchmarked against 2 nearby projects and 3 other projects from the same developer and 3 projects with similar payment-plan logic and 3 projects in a similar budget band and 3 projects with a similar handover horizon.

Continue exploring this opportunity

Ocean House is your anchor point. Compare nearby live launches, see what else Ellington has on market, then widen the benchmark by budget band, handover horizon and payment-plan logic before you enquire.

6 next steps
Developer view

More live launches by Ellington

3

See how this opportunity sits inside the developer pipeline, with a different mix of areas, ticket sizes and handover timing.

Payment logic

Projects with similar payment-plan logic

3

Use this bucket when instalment rhythm matters as much as location: booking weight, construction cadence, handover balance and post-handover exposure.

Budget band

Projects in a similar budget band

3

Keep the ticket size stable while you compare area, developer and delivery trade-offs.

Delivery horizon

Projects with a similar handover horizon

3

Useful when the timing of cashflow, completion and market entry matters more than the exact community match.

Investor reading

Guides to keep open before enquiring

3

Keep one practical reference open for DLD fees, Oqood, developer selection, ROI framing or exit strategy.

FAQ

What is the starting price for Ocean House?
Ocean House is currently displayed from 23 000 000 AED. Exact pricing still depends on the units that remain open, so the live price list should always be reconfirmed before booking.
When is handover for Ocean House?
The page currently frames handover around Dec 2026. As with any off-plan launch, the final timeline should be checked against the latest developer documents and the SPA.
What payment plan is shown for Ocean House?
The page shows 11 payment milestones with a quick read of 5 / 15 / 5 / 5 / 5 / 5 / 5 / 5 / 5 / 5 / 40. The contractual schedule and SPA milestones remain the final point of reference.
Where is Ocean House located?
Ocean House is located in Palm Jumeirah, within the current offer of Ellington. The area guide and comparable launches shown on this page help you benchmark fit, demand and surrounding competition.
Is Ocean House still available?
The project is currently presented as available. Because off-plan stock moves quickly, the live unit list should always be reconfirmed before booking.

Contact

Want the latest price list + availability for this project? Message us on WhatsApp or request details.

WhatsApp