New homes in Ocean Tower start at AED 1,730,000; keys are due Jun 2027; you pay 20% to book, 10% while it is built and 70% at the keys.
In the 12 months to Oct 19, 2026, Dubai Land Department recorded 1,663 off-plan sales of 1-bed apartments of 621 sq ft to 931 sq ft in Dubai Islands. Their median price is AED 2,834 per sq ft (about AED 2,421,000 at 854 sq ft). This project's from price is AED 2,026 per sq ft (AED 1,730,000 for its smallest home, 854 sq ft), 29% less.
Keys
Jun 2027
The developer's handover date
Payment plan
20 / 10 / 70
20% to book, 10% while it is built, 70% at the keys
Bedrooms
1 to 3 beds
Sizes
854 to 1,924 sq ft
Ownership
Freehold
Property types
Apartment
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 2,026 per sq ft
Similar off-plan homes: AED 2,834 per sq ft
RERA project
3149
Check it in Dubai REST, the Dubai Land Department's official app.
Built
5%
Being built. DLD register, Jun 12, 2026
Completion on the register
Sep 2026
DLD shows only the current date, so we can't tell whether it has moved before.
Escrow account
بنك الإمارات دبي الوطني (ش.م.ع)
The bank that holds your payments
Registered homes
165
In 1 buildings
Paying for it
You pay 20% when you book, 10% as the building goes up, and 70% when you get the keys.
AED
When
Stage
Share
Amount
Now
Booking
20%
AED 346,000
Jan 2027
While it is built
5%
AED 86,500
Apr 2027
While it is built
5%
AED 86,500
Jun 2027
Keys
70%
AED 1,211,000
Booking payment, 20%
AED 346,000
Dubai Land Department fee (Oqood), 4%
AED 69,200
Cash you need to bookThe developer pays the broker, so there is no buyer's fee.
AED 415,200
The dates are our estimate: we spread the construction share evenly between now and the keys. The developer's real dates follow the building work, so they can move.
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.
This project's escrow account is at the bank named on the register above, watched by RERA. Pay into that account, never to a person.
Budget for the service charge.
Once the building is finished you pay a yearly service charge per sq ft, set from the building's budget and approved by RERA. Ask AAA Real Estate Development for the estimate.
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 1,663 off-plan sales of 1-bed apartments of 621 sq ft to 931 sq ft in Dubai Islands, from Oct 20, 2025 to Oct 19, 2026. Here is what they sold for, and where this project's from price sits.
Too few similar homes in Ocean Tower sold in 24 months, so we compare with off-plan sales across Dubai Islands.
Dubai Land Department recorded 1,663 off-plan sales of 1-bed apartments of 621 sq ft to 931 sq ft in Dubai Islands, 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 2,834 per sq ft
AED 1,519 to AED 1,844 per sq ft
21 sales
AED 1,844 to AED 2,170 per sq ft
127 sales
This project's from price is in this band.
AED 2,170 to AED 2,495 per sq ft
270 sales
AED 2,495 to AED 2,820 per sq ft
390 sales
AED 2,820 to AED 3,146 per sq ft
456 sales
AED 3,146 to AED 3,471 per sq ft
221 sales
AED 3,471 to AED 3,797 per sq ft
140 sales
AED 3,797 to AED 4,122 per sq ft
38 sales
AED 1,519 per sq ftAED 4,122 per sq ft
This project AED 2,026 per sq ft
Half of the sales sold for AED 2,495 to AED 3,127 per sq ft
The median is the middle sale: half sold for less, half for more.
Show as tableShow as chart
Price per sq ft
Sales
AED 1,519 to AED 1,844 per sq ft
21
AED 1,844 to AED 2,170 per sq ft
127
AED 2,170 to AED 2,495 per sq ft
270
AED 2,495 to AED 2,820 per sq ft
390
AED 2,820 to AED 3,146 per sq ft
456
AED 3,146 to AED 3,471 per sq ft
221
AED 3,471 to AED 3,797 per sq ft
140
AED 3,797 to AED 4,122 per sq ft
38
The 3 closest sales
Picked from the 1,663 similar sales above, closest in size to this project's smallest home.
Apr 2026AED 1,600,000AED 1,873 per sq ftOCEAN TOWER, 854 sq ft
Feb 2026AED 1,600,000AED 1,873 per sq ftOCEAN TOWER, 854 sq ft
Jan 2026AED 1,600,000AED 1,873 per sq ftOCEAN TOWER, 854 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 Dubai Islands 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
1-bed apartmentFrom AED 1,730,000 here
Off-plan medianAED 2,334,000AED 2,781 per sq ft
Sales2,196
29% below 1,663 similar sales
2-bed apartment
Off-plan medianAED 3,499,000AED 2,716 per sq ft
Sales1,972
3-bed apartment
Off-plan medianAED 5,593,000AED 2,829 per sq ft
Sales576
Sale prices from Dubai Land Department, Oct 1, 2025 to Sep 30, 2026. A median needs at least 30 sales.
On your doorstep
Gold Souq Metro Station1.1 km, 18 min walkMetro station
Deira Islands Beach1.8 km, 6 min driveBeach
Al Wahidah Boys' School for Cycle2 and Secondary Education. C2 & C32.2 km, 8 min driveSchool
Queen international school5.2 km, 12 min driveBritish school
New academy school4 km, 12 min driveAmerican school
The Elite English School4.4 km, 9 min driveIndian school
Naif Souq1.7 km, 3 min driveMall
Belhoul Speciality Hospital1.7 km, 3 min driveHospital
Dubai World Trade Centre6.9 km, 15 min driveOffices
Ocean Tower is an apartment building by AAA Real Estate Development in Dubai Islands, with 1- to 3-bedroom homes from AED 1,730,000 and handover listed for June 2027. The price check puts the from price per square foot 29% below 1,663 similar sales over the 12 months to October 2026, and 70% of the price falls due at handover.
The price check stands out here. The from price per square foot is 29% below 1,663 similar sales in Dubai Islands over the 12 months to October 2026.
The plan is 20% on booking, 10% during construction and 70% on handover. At the from price that is AED 346,000 to book, AED 173,000 during the build and AED 1,211,000 at handover. Separately, the 4% DLD fee comes to AED 69,200; ask when it is due. The listed handover is June 2027, about seven months from now, so ask the developer for a construction update. Also confirm the developer named on the sale agreement.
The building is listed as G+2+14, on a plot of over 58,000 sq ft. Homes have one to three bedrooms and are handed over unfurnished. The listing gives 854 to 1,924 sq ft, but the developer gives 840 sq ft for one bedroom, so ask for the floor plan of the unit you want. Shared facilities include a lazy river, an infinity pool, a spa, a jogging track and a Sky Lounge on the 14th floor.
By our map, Dr. Ismail Polyclinic is about 710 m away and Gold Souq Metro Station about 1.1 km, roughly two minutes by car by our estimate. Deira Islands Beach is about 1.8 km away. The Elite English School is about 4.4 km away, and Dubai World Trade Centre about 15 minutes by car.
The developer's plans. Sizes and layouts can change; ask us for the plan of the exact unit you're looking at.
1 BR
2 BR
3 BR
How prices moved
Median price of 1-bed apartments in Dubai Islands, over the 12 months to each dateUp 27% from Dec 2024 to Sep 2026.
Dec 2024AED 2,188 per sq ft
Sep 2026AED 2,781 per sq ft
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12 months to
Median price
Sales
Sep 2026
AED 2,781 per sq ft
2,196 sales
Jun 2026
AED 2,696 per sq ft
2,435 sales
Mar 2026
AED 2,535 per sq ft
2,416 sales
Dec 2025
AED 2,416 per sq ft
1,959 sales
Sep 2025
AED 2,338 per sq ft
1,563 sales
Jun 2025
AED 2,305 per sq ft
1,308 sales
Mar 2025
AED 2,211 per sq ft
746 sales
Dec 2024
AED 2,188 per sq ft
500 sales
Off-plan sales registered with the Dubai Land Department.
Questions about this project
Who is building Ocean Tower?
The listing names AAA Real Estate Development. Check that the same company is named on your sale agreement.
How does the price compare with nearby sales?
The from price per square foot is 29% below 1,663 similar sales in Dubai Islands over the 12 months to October 2026.
How much is left to pay at handover?
70% of the price, or AED 1,211,000 at the from price. Before that you pay AED 346,000 on booking and AED 173,000 during construction. Separately, the 4% DLD fee comes to AED 69,200; ask when it is due.
Are the apartments furnished?
No. Homes are handed over unfurnished.
Can foreigners buy here?
Yes. The listing gives the ownership as freehold.
How far is the metro?
Gold Souq Metro Station is about 1.1 km away by our map, around two minutes by car by our estimate.
