New homes in Ellington Ocean House start at AED 8,374,828; the keys were due Jun 2026; you pay 20% to book, 50% while it is built and 30% at the keys.
In the 12 months to Oct 19, 2026, Dubai Land Department recorded 85 off-plan sales of 2-bed apartments of 1,397 sq ft to 2,095 sq ft in Palm Jumeirah. Their median price is AED 5,277 per sq ft (about AED 8,664,000 at 1,642 sq ft). This project's from price is AED 5,100 per sq ft (AED 8,374,828 for its smallest home, 1,642 sq ft), 3% less.
Keys
Jun 2026
The developer's handover date. It has passed and may be out of date, so ask us for the current one.
Payment plan
20 / 50 / 30
20% to book, 50% while it is built, 30% at the keys
Bedrooms
2 to 6 beds
Sizes
1,642 to 14,369 sq ft
Ownership
Freehold
Property types
Apartment and Penthouse
Registration fee
4% of the price
Paid to the Dubai Land Department
Details from the developer, as of Nov 1, 2026. They can change; ask us to confirm before you book.
Dubai Land Department register
From price per sq ft
AED 5,100 per sq ft
Similar off-plan homes: AED 5,277 per sq ft
We couldn't match this project to the Dubai Land Department project register yet. Ask us for its RERA project number.
Paying for it
You pay 20% when you book, 50% as the building goes up, and 30% when you get the keys.
AED
When
Stage
Share
Amount
When you book
Booking
20%
AED 1,674,966
As it is built
While it is built
50%
AED 4,187,414
At the keys (Jun 2026)
Keys
30%
AED 2,512,448
Booking payment, 20%
AED 1,674,966
Dubai Land Department fee (Oqood), 4%
AED 334,993
Cash you need to bookThe developer pays the broker, so there is no buyer's fee.
AED 2,009,959
The handover date (Jun 2026) is too close or already past to estimate the dates. Ask us for the developer's current schedule.
Your payments go into the project's escrow account, which RERA watches, not straight to the developer.
Before you buy
Pay into the project's escrow account only.
Every off-plan project in Dubai must have an escrow account at a bank, watched by RERA. Pay into that account, never to a person. Ask for the account number.
Budget for the service charge.
Buildings in this area paid a median of AED 20 per sq ft a year in 2023, from 5 buildings on the Dubai Land Department register. For the smallest home (1,642 sq ft) that is about AED 33,000 a year.
Register the sale with Oqood.
The Land Department records off-plan sales in its Oqood register. Until your sale is on it, the home isn't in your name.
Is the price fair?
Dubai Land Department recorded 85 off-plan sales of 2-bed apartments of 1,397 sq ft to 2,095 sq ft in Palm Jumeirah, from Oct 20, 2025 to Oct 19, 2026. Here is what they sold for, and where this project's from price sits.
We compare with off-plan sales across Palm Jumeirah, as this project isn't on the Dubai Land Department register yet or has too few sales.
Dubai Land Department recorded 85 off-plan sales of 2-bed apartments of 1,397 sq ft to 2,095 sq ft in Palm Jumeirah, from Oct 20, 2025 to Oct 19, 2026. Here is what they sold for, and where this project's from price sits.
Median price AED 5,277 per sq ft
AED 2,878 to AED 4,015 per sq ft
11 sales
AED 4,015 to AED 5,151 per sq ft
27 sales
This project's from price is in this band.
AED 5,151 to AED 6,287 per sq ft
27 sales
AED 6,287 to AED 7,423 per sq ft
13 sales
AED 7,423 to AED 8,560 per sq ft
4 sales
AED 8,560 to AED 9,696 per sq ft
0 sales
AED 9,696 to AED 10,832 per sq ft
1 sale
AED 10,832 to AED 11,969 per sq ft
2 sales
AED 2,878 per sq ftAED 11,969 per sq ft
This project AED 5,100 per sq ft
Half of the sales sold for AED 4,541 to AED 6,171 per sq ft
The median is the middle sale: half sold for less, half for more.
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Price per sq ft
Sales
AED 2,878 to AED 4,015 per sq ft
11
AED 4,015 to AED 5,151 per sq ft
27
AED 5,151 to AED 6,287 per sq ft
27
AED 6,287 to AED 7,423 per sq ft
13
AED 7,423 to AED 8,560 per sq ft
4
AED 8,560 to AED 9,696 per sq ft
0
AED 9,696 to AED 10,832 per sq ft
1
AED 10,832 to AED 11,969 per sq ft
2
The 3 closest sales
Picked from the 85 similar sales above, closest in size to this project's smallest home.
Dec 2025AED 6,741,936AED 4,102 per sq ftOlaia Residences, 1,644 sq ft
Dec 2025AED 6,218,209AED 3,794 per sq ftOlaia Residences, 1,639 sq ft
Feb 2026AED 6,597,672AED 4,028 per sq ftOlaia Residences, 1,638 sq ft
Sale prices from Dubai Land Department, Oct 20, 2025 to Oct 19, 2026. Off-plan sales only, of the same home type, bedrooms and size band.
What similar homes sold for
The median price of off-plan homes with the same number of bedrooms that sold in Palm Jumeirah in the 12 months to Sep 30, 2026. The smallest type is checked at the from price.
Type
Off-plan median
Sales
Against similar sales
2-bed apartmentFrom AED 8,374,828 here
Off-plan medianAED 8,730,000AED 5,260 per sq ft
Sales156
3% below 85 similar sales
3-bed apartment
Off-plan medianAED 13,636,000AED 6,544 per sq ft
Sales117
4-bed apartment
Off-plan medianAED 55,000,000AED 6,910 per sq ft
Sales36
5-bed apartment
Off-plan medianToo few sales for a median
Sales9
Sale prices from Dubai Land Department, Oct 1, 2025 to Sep 30, 2026. A median needs at least 30 sales.
Rent and yield
Gross yield at the from price
2.7%
Typical for similar ready homes
5.1%
Median rent of 2-bed apartments in Palm Jumeirah
AED 230,000 a year
Rent contracts counted
824
Rented between
Apr 1, 2025 and Mar 31, 2026
2-bed apartment
AED 230,000 a year
3-bed apartment
AED 320,000 a year
4-bed apartment
AED 750,000 a year
Gross yield is a year's rent before costs, as a share of the price. At the from price: AED 230,000 ÷ AED 8,374,828 = 2.7%. The home earns nothing until the keys, and new buildings often rent for more than older ones.
Rents come from Ejari, Dubai's register of rent contracts: new residential contracts in the area, all buildings. A median is the middle one: half are lower, half higher.
On your doorstep
Al Sufouh Tram Stop3.1 km, 6 min driveTram stop
Al Sufouh2.3 km, 5 min driveBeach
The Palm Jumeirah waterfront2.7 km, 15 min driveWaterfront
Dubai College3.1 km, 6 min driveSchool
GEMS Wellington International School3.9 km, 8 min driveIB school
On Palm Jumeirah, Ellington Ocean House offers two- to six-bedroom apartments and penthouses by Ellington from AED 8,374,828. The listed handover of June 2026 has already passed, so it may be out of date; ask the developer about the completion certificate before you pay.
The handover date of June 2026 is five months behind us, so it may be out of date. Before you book, ask Ellington whether the building has its completion certificate and what the current handover status is. On price, the from price per square foot is 3.3% below the median of 85 similar two-bedroom off-plan sales registered in Palm Jumeirah in the 12 months to October 2026. The sales are across the area, not this project.
The plan is 20% on booking, 50% during construction and 30% at handover. At the from price that is AED 1,674,966 on booking, AED 4,187,414 during the build and AED 2,512,448 at handover. Separately, the 4% DLD fee comes to AED 334,993; ask when it is due. With the listed date passed, ask how much of the construction share is still to come and when the handover payment falls due.
Homes range from 1,642 to 14,369 sq ft, from two to six bedrooms, with penthouses among them. Ask for the floor plan and the exact size of the unit you want. The developer lists a gym, a spa, a shared pool, a children's pool, a play area and a barbecue area.
A clinic is about 370 m away, a 6-minute walk. Al Sufouh beach is about 2.3 km away, a 5-minute drive, and Al Sufouh Tram Stop is about 3.1 km away, 6 minutes by car. Dubai College is about 6 minutes by car, GEMS Wellington International School about 8 and Dubai Internet City about 8.
The developer's plans. Sizes and layouts can change; ask us for the plan of the exact unit you're looking at.
2 BR
3 BR
4 BR
5 BR
6 BR
How prices moved
Median price of 2-bed apartments in Palm Jumeirah, over the 12 months to each dateUp 12% from Dec 2024 to Sep 2026.
Dec 2024AED 4,685 per sq ft
Sep 2026AED 5,260 per sq ft
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12 months to
Median price
Sales
Sep 2026
AED 5,260 per sq ft
156 sales
Jun 2026
AED 5,278 per sq ft
168 sales
Mar 2026
AED 5,251 per sq ft
163 sales
Dec 2025
AED 4,962 per sq ft
134 sales
Sep 2025
AED 4,414 per sq ft
91 sales
Jun 2025
AED 4,074 per sq ft
92 sales
Mar 2025
AED 4,059 per sq ft
101 sales
Dec 2024
AED 4,685 per sq ft
119 sales
Off-plan sales registered with the Dubai Land Department.
Questions about this project
When is handover?
The listed handover was June 2026. That date has passed and may be out of date, so ask Ellington about the completion certificate and handover status.
How does the price compare with other Palm sales?
The from price per square foot is 3.3% below the median of 85 similar two-bedroom off-plan sales in Palm Jumeirah over the 12 months to October 2026.
What do the payments add up to at the from price?
AED 1,674,966 on booking, AED 4,187,414 during construction and AED 2,512,448 at handover. Separately, the 4% DLD fee comes to AED 334,993; ask when it is due.
How big are the homes?
From 1,642 to 14,369 sq ft, with two to six bedrooms. Ask for the exact floor plan of the unit you want.
Can foreigners buy here?
Yes. The listing gives the ownership as freehold, so foreign buyers can own outright.
Which schools are close?
Dubai College is about 3.1 km away and GEMS Wellington International School about 3.9 km.
