
Palm Jumeirah·Developer: Ellington Properties
This is a 4-bedroom off-plan apartment, Unit G07, in Ocean House by Ellington Properties on Palm Jumeirah, priced at AED 49,284,828. It offers 8,717 sqft of total built-up area and suits buyers seeking a large branded waterfront residence with a 70/30 payment plan in a prime Dubai island location.
Ocean House is Ellington Properties' landmark off-plan residential development positioned on Palm Jumeirah, Dubai's world-famous palm-shaped island. This four-bedroom residence offers one of the most generously proportioned floor plans in the building, with a total built-up area of 8,717 sq ft — comprising 4,390 sq ft of internal living space and an equally impressive 4,326 sq ft of external area, giving the home a rare balance of interior and open-air scale.
Listed at AED 49,284,828 (approximately AED 5,654 per sq ft), the residence is available under Ellington's 70/30 off-plan payment plan, with 70% payable during the construction phase and 30% on handover — a structure that allows buyers to stage capital deployment through the project's delivery timeline. The annual service charge is set at AED 25 per sq ft per year, in keeping with a full-service luxury address on the Palm.
Ellington Properties has built a reputation for design-led residential developments that prioritise spatial quality, material specification, and architectural cohesion. Ocean House continues this ethos, brought to one of Dubai's most sought-after addresses. For a broader view of how Palm Jumeirah compares with other premium Dubai locations for investors, the editorial team has published a detailed analysis: Palm Jumeirah vs Dubai Marina vs Downtown Dubai — where to invest in 2026.
Buyers considering off-plan acquisitions across Dubai more broadly may also find useful context in the platform's curated shortlist of the best areas to buy off-plan property in Dubai in 2026, which benchmarks locations by liquidity, developer track record, and delivery risk. Ocean House, developed by an established name on an iconic address, sits firmly within the upper tier of that conversation.
This listing is sourced directly from the developer. View the full range of off-plan projects available in Dubai to compare alternative developments, or explore the Palm Jumeirah community guide for infrastructure, lifestyle, and ownership details relevant to this address.

The world-famous palm-shaped island with Atlantis and luxury waterfront villas.
Payment Plan: 70/30 · Service Charge: AED 25/sqft/yr · Price per sqft: AED 5,654.