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Ocean House

Ocean House is a residential project by Ellington Properties in The Palm Crescent, Dubai, with construction 71.3% complete per the DLD registry.

Construction71.3%

Construction progress

71.3%
  • Status date09.06.2026
  • DLD project number2691

Data from the Dubai Land Department project registry (updated 12.08.2026 09:55).

Construction progress 62
9 June 2026 71.30%
Ocean House, The Palm Crescent construction progress — 9 June 2026, 71.30% complete, photo 1 of 10Ocean House, The Palm Crescent construction progress — 9 June 2026, 71.30% complete, photo 2 of 10Ocean House, The Palm Crescent construction progress — 9 June 2026, 71.30% complete, photo 3 of 10Ocean House, The Palm Crescent construction progress — 9 June 2026, 71.30% complete, photo 4 of 10Ocean House, The Palm Crescent construction progress — 9 June 2026, 71.30% complete, photo 5 of 10Ocean House, The Palm Crescent construction progress — 9 June 2026, 71.30% complete, photo 6 of 10Ocean House, The Palm Crescent construction progress — 9 June 2026, 71.30% complete, photo 7 of 10Ocean House, The Palm Crescent construction progress — 9 June 2026, 71.30% complete, photo 8 of 10Ocean House, The Palm Crescent construction progress — 9 June 2026, 71.30% complete, photo 9 of 10Ocean House, The Palm Crescent construction progress — 9 June 2026, 71.30% complete, photo 10 of 10

Construction photos are taken by the technical inspectors of the Dubai Land Department (DLD) and remain its property. We show compressed copies; full-resolution originals are available in the Real Estate Project Status service.

Recent transactions

DateTypeSize, m²Price, AED
22.07.20262 BR152.09 625 828
20.07.20263 BR300.719 210 828
16.07.20262 BR391.418 956 828
09.07.20263 BR338.318 686 828
25.05.20263 BR300.717 047 828
17.04.20262 BR165.89 760 285
26.01.20262 BR165.89 100 828
14.01.20263 BR770.758 315 229
01.12.20253 BR338.318 412 828
07.07.20252 BR195.48 900 000
10.06.20253 BR507.630 822 828
02.06.20253 BR338.318 686 828
17.04.20253 BR328.418 360 828
03.03.20253 BR300.716 741 828
19.02.20252 BR165.611 551 828
14.01.20253 BR800.849 999 828
28.11.20243 BR338.319 831 828
20.11.20242 BR165.610 612 828
07.10.20242 BR151.49 000 828
27.09.20242 BR130.97 503 926

Dubai Land Department transaction registry, updated 2026-08-11. Explore Dubai property transactions →

Places nearby

About the project

Ocean House is a single residential building by Northacre Ellington Development on The Palm Crescent, Palm Jumeirah. The B+G+9 project comprises 95 units and is active, with construction recorded at 71.30% completion on 9 June 2026.

Ocean House at a glance

Ocean House is a residential development on The Palm Crescent, the outer breakwater of Palm Jumeirah. The project consists of one building with two basement levels, a ground floor and nine upper floors. Its recorded total area is 25,596.02, and it contains 95 units. Construction began on 1 June 2023. The project is classified as active, and its completion ratio was recorded as 71.30% following an inspection dated 9 June 2026. The development’s setting places it on the Crescent, which follows the outer edge of Palm Jumeirah and separates the island from the open sea.

Building design and construction

The building is designed as a B+G+9 residential structure. Its construction specification includes a concrete structure and blockwork, with internal and external finishes. Ocean House is planned as one building rather than a multi-building scheme. The project also includes a gym and swimming pools. These shared facilities form part of the development’s stated design, alongside the residential accommodation within the building. The Palm Crescent has a waterfront-built edge that includes premium residential projects and hotels, with the lagoon-facing side of the Crescent defined by its coastal position.

The Palm Crescent setting

Ocean House is located on The Palm Crescent in Palm Jumeirah. The Crescent is an 11-kilometre breakwater that runs around the outer rim of the island. A road and an extended boardwalk follow the Crescent, while the road tunnel connects it with the Palm’s main island carriageway. The Crescent’s inner face looks towards the Palm lagoon, and its built edge includes hotels and premium residential developments. A monorail crosses the bridge towards Atlantis, The Palm and nearby attractions. The Palm Crescent is a coastal part of Palm Jumeirah with a continuous promenade along its length.

Nearby Palm Jumeirah destinations

The View at The Palm is 2.5 km from Ocean House, and Vox Cinemas at Nakheel Mall is also 2.5 km away. Dolphin Bay is 2.9 km away, while Aquaventure Waterpark is 3.2 km away. Sufouh Beach is 2.5 km from the project and Sunset Beach is 4.5 km away. Emirates Golf Club is 5.3 km away, and the Montgomerie Golf Course is 7.7 km away. For additional cinema options, Vox Cinemas at Mall of the Emirates is 5.2 km away and Reel Cinemas at Dubai Marina Mall is 6.4 km away.

Connections from the Crescent

Road access from The Palm Crescent is via the Palm trunk and the tunnel linking the Crescent to the island carriageway. The monorail provides a dedicated route across the bridge towards Atlantis, The Palm. The nearest Dubai Metro Red Line station is R35, 6,206 metres from the Crescent. Dubai Mall is a 24-minute drive from the Crescent, while the Palm Jumeirah trunk is an 8-minute drive. Burj Al Arab and The Walk at JBR are each a 20-minute drive away. Dubai International Airport is a 32-minute drive away, and Al Maktoum International Airport is a 42-minute drive away.

Construction status and project timeline

Ocean House started on 1 June 2023. It is currently designated as an active project. The recorded completion ratio is 71.30%, based on an inspection dated 9 June 2026. The development contains 95 units in one residential building. Its building configuration is two basement levels, a ground floor and nine upper floors, with a gym and swimming pools included in the project. The recorded completion date field has not been set, so the project status and completion ratio are the available construction indicators for Ocean House.

The developer

Ocean House is being developed by Northacre Ellington Development. The company is named as the developer for the 95-unit residential project on The Palm Crescent. The development began construction in June 2023 and is planned as a single B+G+9 building. Its stated scope includes a concrete and block structure, internal and external finishes, a gym and swimming pools. Northacre Ellington Development is associated with Ocean House throughout the project’s development information.

Registered transactions in Ocean House

Dubai Land Department records for this building: closed transaction prices, not asking prices or estimates. Figures are medians, so a single expensive sale does not move them.

107deals since 2015
55 740AED per m², median
7%resale, the rest bought from the developer
-5%over the past year

The yearly figure compares the last 12 months with the 12 before them: calendar years would not work, the current one is unfinished. The district moved +3% over the same period, so the building lagged.

What buyers actually paid

TypeSize, m²Price, AEDPer m²Deals
2 bedrooms1669 450 82856 93363
3 bedrooms32818 592 82856 68533

Median across all recorded deals in this building. Rows with fewer than five deals are omitted: there is nothing to average there.

How the price per square metre moved

From 2023 to 2025 — 0% on the price per square metre in this building. The district moved +18% over the same period, so the building lagged the market.

55 7752023
56 1562024
55 9182025
58 8782026*

Top to bottom: purchase price per m², year, annual rent per m², gross yield.

All figures are medians. Years with fewer than eight deals are skipped; rent is shown where there are at least twenty contracts. The yield is gross — service charges are not published in the register.

* 2026 is still in progress and its bar covers part of the year. The growth figure above uses completed years.

Source: Dubai Land Department transaction register. The register is updated daily; the figures here are recalculated weekly.

FAQ

Who is the developer of Ocean House?
Ocean House is developed by Northacre Ellington Development.
Where is Ocean House located?
Ocean House is located on The Palm Crescent in Palm Jumeirah.
How many units are in Ocean House?
Ocean House contains 95 units in one residential building.
What is the building configuration at Ocean House?
The project is configured as B+G+9, with two basement levels, a ground floor and nine upper floors.
What amenities are included at Ocean House?
The project includes a gym and swimming pools.
What is the completion status of Ocean House?
Ocean House is active and was recorded at 71.30% completion following an inspection on 9 June 2026.
When did construction start at Ocean House?
Construction started on 1 June 2023.
What is near Ocean House?
The View at The Palm and Vox Cinemas at Nakheel Mall are each 2.5 km away. Dolphin Bay is 2.9 km away and Aquaventure Waterpark is 3.2 km away.
How can I buy an apartment in Ocean House?
Submit an enquiry via the form on this page or message us on WhatsApp — a Continental Club Property broker (RERA 31933) will help you choose a unit and send the brochure and payment plan.

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