Ocean House
- Under construction · 30% built
- 11 floors
- 8 lifts
- 186 parking bays
- 1 pool
A 3 bed in Ocean House costs a median AED 18.69M.
3 bed · typical price
18.69MAED
AED 5,267/sqft · -1.0% on a year
- vs Palm Jumeirah
- 57% above the median
Cost to buy, all inAED 19.83M
- Price
- AED 18.69M
- DLD fee 4%
- AED 747,473
- Agent 2% + VAT
- AED 392,424
- Trustee
- AED 4,200
Is Ocean House a good investment?Fair on every measure with a record; no record of the yield and the rent trend
- Does it pay a good rent?No Ejari lease registered here in 12 months, so any yield quoted is an estimateNo record
- Is it easy to let?None of the 95 units signed an annual lease in 12 months: owner-occupied, holiday homes or a hotel pool0%
- Are rents going up?No lease registered in 12 months, so no rent trend to readNo record
- Are prices going up?3 bed: AED 5,321/sqft a year ago, 5,267 now-1.0%Fair
- How fast do fees pay back?AED 1.14M in fees to buy a 3 bed: DLD 4%, agent 2% plus VAT, trusteeAED 1.14M
- Can I sell easily?8 sales in 12 months, 8% of the tower (9 the year before)8Fair
- Is a lot being built nearby?1,706 apartments are planned in Palm Jumeirah from 2026 to 2028, equal to 44% of the 3,913 homes let there today. A further 125 are past their planned date. Palm Jumeirah supply by year →44%Fair
- Did earlier buyers gain?Up 0% for launch buyers, before fees+0.3%Context
Readings use published thresholds · 3 bed figures, the most traded type · Data to 12 Oct 2026
Ocean House prices and rents by unit typeA three-bed costs about AED 18.69M
Appreciation, rental income and short-term detail, by unit typeAppreciation, rental income and short-term detail, by unit type
Appreciation
3 bed · price per sqft · Palm Jumeirah · area median AED 3,352/sqft
- 12-month change
- -1.0%
- 3 years
- -0.2% · -0.1%/yr
- vs area median
- +57.1%
- Rank by price per sqft
- 10th of 32
Read with care
- No rental contracts are registered here yet, so there is no yield and the prices are launch pricing — a pre-handover building. Price growth from launch is not comparable with a let building's.
Price history and sales
As filed with the Land Department — data to 2026-10-12.
Chart data, 3 bed: Aug 2023, AED 17,283,594; latest, Jul 2026, AED 18,948,828; peak, Jan 2025, AED 49,999,828.
Did earlier buyers gain?
Median paid per sqft, all types, against today’s 5,199 · before fees
- Launch, 2023–26
- 5,181
- 0%
- 74 sales
- 3 years ago
- 5,189
- 0%
- 52 sales
- Previous 12 months
- 5,446
- −5%
- 9 sales
- Last 12 months
- 5,199
- today
- 8 sales
The change is what a buyer at each median would be up or down at today’s median. A shift in the unit mix can move a median without any unit changing price.
No resales match the last 12 months. Try another transaction type, bedroom type or period.
Comparables in Palm Jumeirah
Every Palm Jumeirah building with a page, ranked by price per sqft over the same 12 months, all unit types. Ocean House places 13th of 93; the nearest 8 are shown.
Rank 1 is the dearest per square foot. Differences are against Ocean House (AED 5,199/sqft); yields need a publishable price and are blank where the recorded prices are share transfers.
At 3 bed, Ocean House has registered sale prices 57% above the Palm Jumeirah median price per square foot of 3,352 AED, across 32 eligible buildings. It ranks 10th of 32 by price per square foot in Palm Jumeirah.
Market context in Palm Jumeirah
Registered sales activity
748 ready apartment sales in the 12 months to 2026-10-12.
+3.4% in median AED/sqft versus the preceding year, supported by 748 current and 1,092 prior price observations.
Explore sales activityPlanned apartment projects
1,382 known registered units across 7 pending projects planned within one year of the 2026-07-06 register.
3 projects had already passed their planned date; 2 have unknown timing.
Explore planned supplySupply against leasing, and same-building moves
1,706 apartments are planned in Palm Jumeirah from 2026 to 2028, equal to 44% of the 3,913 homes let there today.
Ready prices per sqft fell in 26% of 34 buildings (counted once per bedroom type) in Palm Jumeirah with sales in both years; the typical one moved +3.4%.
New-lease rents fell in 81% of 16 buildings (counted once per bedroom type) with leases in both years; the typical one moved −6.8%.
How these are countedDirect locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.
About Ocean House
Ocean House is an under-construction (30% built) apartment building in Palm Jumeirah. 93 sales are registered with the Dubai Land Department.
The building, as registered
- Floors
- 11
- Lifts
- 8
- Parking bays
- 186
- Pools
- 1
Drive times · typical
- Downtown
- 31 min · 29 km
- DXB Airport
- 35 min · 43 km
- DIFC
- 27 min · 32 km
- Dubai Marina
- 21 min · 15 km
- Palm Jumeirah
- 13 min · 5.7 km
Nearest, as registered
- Metro
- Al Sufouh
- Mall
- Mall of the Emirates
- Landmark
- Burj Al Arab
Ocean House: AED 5,199 per sq ft, 84% above the median Palm Jumeirah building
The building's own figures against its area's registered market, last twelve months.
Price per sq ft
Median registered sale price, AED per sq ft, last 12 months
- Ocean HouseAED 5,199
- Palm Jumeirah, readyAED 2,663
- Palm Jumeirah, off-planAED 5,539
- Dubai, readyAED 1,421
Nearby in Palm Jumeirah
Prices per sq ft around Ocean House, on the mapPrices per sq ft around Ocean House, on the map
Seven Hotel & Apartments the Palm - A
Palm Jumeirah · 51 sales, 12 months
1.70M
AED, resale median · 3,456/sqft
The Palm Tower
Palm Jumeirah · 32 sales, 12 months
2.58M
AED, resale median · 4,343/sqft
Royal Amwaj Residences North
Palm Jumeirah · 26 sales, 12 months
2.58M
AED, resale median · 2,375/sqft
Serenia Living - Tower 1
Palm Jumeirah · 25 sales, 12 months
8.50M
AED, resale median · 4,541/sqft
Before you decide
The facts that can change the return, each with the date it rests on.
- Sales and rents toOn record
- Sales evidence · 3 bedOn record
- Rental evidence · 3 bedRead with care
- Service chargeNot on file, so the yield is gross. Current approved budgets are in DLD's Service Charge Index (Mollak), by project.Not on record
- Project registerOn record
- Building recordOn record
- Costs not includedNot in the yield
Rent or buy
What owning a 3 bed here costs against renting it, at stated assumptions you can change.
Monthly cost of owning against renting, with your own deposit and rateMonthly cost of owning against renting, with your own deposit and rate
Prefilled from Ocean House’s median sale price and annual rent, with the fees and growth rates listed in the breakdown as of . Change any figure.
More assumptionsFewer assumptions
The site does not hold this building’s service charge; type yours to include it. Residency sets the default down payment: typical bank floor, not a rule.
- Monthly mortgage
- —
- 4.5% over 25 years
- Monthly rent
- —
- Cash needed at purchase
- —
Enter a price, a rent, a rate, a term and a horizon to model the comparison.
Ask about Ocean House
Looking to buy or rent here? Tell us what you need: unit type, budget, timing.
We reply by phone, WhatsApp or email, and put you in touch with a licensed agent.
Common questions
- What is the rental yield in Ocean House?
- No gross yield is published for Ocean House as of 2026-10-12: no rental contract is registered for it yet. In the last 12 months it had 5 registered sales and 0 new Ejari contracts; a published yield needs at least 5 new contracts and 3 sales. The Palm Jumeirah median is 4.5% gross.
- How much does a 3 bedroom in Ocean House cost?
- The median registered sale price is AED 18.69M (5,267 AED/sqft), from 5 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.
- Have prices in Ocean House risen or fallen?
- Median price per square foot moved -1.0% over the last 12 months against the 12 before it, on 5 sales with a price per square foot. On a sample this size, read the direction rather than the exact figure.
- How many apartments change hands in Ocean House?
- 5 sales were registered with the Dubai Land Department in the last 12 months. Every median on this page rests on those counts.
- Which metro station is closest to Ocean House?
- Al Sufouh, per the Dubai Land Department's own nearest-landmark fields. The nearest mall is Mall of the Emirates.
For agents
Send this page to a client as a branded report
Ocean House sale record
- Record type
- Building-level property market record
- Data date
- · refreshed
- Evidence base
- 5 registered sales in the last 12 months for the default unit type
- Sources
- Dubai Land Department sale transactions and Ejari rental contracts
- Canonical record
- /sale/apartments/dubai/palm-jumeirah/ocean-house
Cite as: Dubai Wealth Index. “Ocean House sale prices and yield.” Palm Jumeirah, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/sale/apartments/dubai/palm-jumeirah/ocean-house
Stable dataJSON