Specifications for Ellington Ocean House as published by the developer — the project is under construction, so there is no Land Department record yet.
They describe the whole building, not the individual unit.
About the project
Ellington Ocean House is a residential complex in Palm Jumeirah.
The developer is Ellington.
The building holds 5 apartments in total.
The database currently holds 4 lots in this project, from 11 900 000 AED.
The final payment on this building falls in 2026 — under off-plan plans that is
40–60% of the price in one go. A UAE bank closes it: the flat becomes the security,
and nothing is added on top of what the developer has already been paid.
Up to 80% of the appraised value, no extra down payment
3.99% fixed for three years, up to 25 years in term
6–12 months before the keys — the bank wants six months of income history
Already been invoiced, or missed the date? That is not a dead end either — write and
we will look at what the developer will accept.
Palm Jumeirah. The palm-shaped island: villas on the fronds, apartments along the trunk, resorts around the crescent.
How much does an apartment in Ellington Ocean House cost?
The database currently holds 4 lots in this project, from 11 900 000 AED. Prices in the base are live and update every day; ask for the current list for the building before deciding.
A Property Finder study puts the UAE’s top residential deal of 2026 at AED 200m for a villa in Al Shamkha, Abu Dhabi. Dubai’s ceiling is an AED 170m Palm Jumeirah villa and an AED 147m Jumeirah plot. In Ras Al Khaimah an Al Marjan apartment sold for AED 34m.
Business Bay recorded 14 prime transactions in August 2026 against Palm Jumeirah's 10 — while Dubai-wide transaction volume fell 37% year-on-year and value fell 44%. Rental search demand rose 44% over the same period. What these seemingly contradictory numbers actually mean.
Knight Frank counted 219 Dubai home sales above $10m in 2022, 434 in 2023 and a record 435 in 2024 (about $7bn). In the first half of 2023 Dubai overtook New York, Hong Kong and London. How a shortage of supply made Palm Jumeirah the core of the market — the background to 2025–2026.
PASSO on Palm Jumeirah, Arancia Yards in City of Arabia and Soulever in Dubai Maritime City are all built by the same developer, BEYOND, yet each draws a different kind of investor. Why one brand does not mean one buyer profile.
On sales registered with the Dubai Land Department in the year to July 2026, Jumeirah 2 leads at about AED 7 560 per sq ft, followed by Trade Center 2, DIFC, Dubai Harbour and La Mer. The city median is about AED 1 716. How prices compare with rents, and when a costly square foot pays off.
ELA Residences is Omniyat’s ultra-prime scheme on the Palm Jumeirah crescent: Zaha Hadid Architects design, Dorchester Collection service, three- and four-bedroom homes and duplexes. Launched June 2024, under construction since May 2024, entry around AED 43m, handover still Q1 2028.
Knight Frank counted 500 Dubai home sales above US$10m in 2025, worth US$9.05bn, against 30 in 2020. The first half of 2026 added 296 more worth US$5.1bn, a half-year record. Where the money went and why the top of the market held up.
Altrata's Billionaire Census 2026 counts 43 billionaires living in Dubai, joint eighth among world cities with Shenzhen. The UAE has 59 with a combined $201bn. How that shows up in Dubai's AED 100m-plus villa market, and what it does not change for everyone else.
Dubai in 2024: 226 000 transactions worth AED 761bn (+36% and +20%) and 110 000 first-time investors, per the DLD. ValuStrat had prices up 27.5% — villas +31.6%, apartments +23.6%, Jumeirah Islands and Palm Jumeirah villas above 42%. Figures, leading districts and the September 2026 status.