Overview

Property Description

Located on the ever-popular Palm Jumeirah, Ocean House is an ultra-luxury 9-storey complex by Ellington Properties, featuring 88 designer apartments. A boutique real estate company on the palm-shaped island is developing its third and final project here, in partnership with SOL Properties, the real estate arm of the Bhatia Group, along with Northacre, a subsidiary of Dubai-based SHUAA Capital, the world's third best architectural firm.. Due to its extensive portfolio of prime properties across some of London's most prestigious areas, Northacre is entering the Gulf property market for the first time. With soft shadows and intricate textures, Ocean House's architectural concept will evoke the fluidity of the ocean. This development will include a collection of extravagant 2 bedroom single and dual aspect apartments, 3–4 bedroom dual aspect residences and 2–4 bedroom duplexes with floor plans ranging in size from 1,642 square feet to 9,917 square feet. Those opting for more comfort and luxury may want to acquire one of the 3 uber-elite properties, namely 1 dual aspect 6-bedroom presidential suite with a minimum size of 11,770 sq. ft and 2 corner aspect 5-bedroom penthouses with a total area of 14,037 or 14,369 square feet. The bespoke interiors of all residences will be designed by the award-winning Bjarke Ingels Group (BIG), which is a Copenhagen, New York, London, Barcelona, and Shenzhen-based team of architects, designers, and builders. As a result, the premium apartments will feature natural woods and travertine tones that will express luxury to the fullest. In Ocean House, the real estate comes unfurnished, so you can customize your home to suit your own needs. Moreover, the top-of-the-line kitchen appliances are included in the property purchase, as a gift from Ellington Properties. The bathrooms will be equipped with marble, adding a sense of sophistication to the property. Ocean House will feature dual aspect properties with stunning views of the Burj Al Arab and the Arabian Gulf on the one hand, and the Palm Jumeirah on the other. The hotel-like complex will feature private swimming pools in all duplexes, penthouses, and presidential suites, creating a resort-like environment. In addition, each unit comes with a private garden, where one can relax and regain their energy after a long day.. There will be a staff room and terrace on select layouts, as well as a show kitchen and a prep kitchen in every Ocean House residence. Initially, a premium property at the ultra-refined Ocean House will cost AED 9.5M (USD 2.58M). Per square foot, the service charge is AED 25 (USD 6.81). *Prices are valid for 2022 A one-of-a-kind hotel-like lifestyle will be available at Ocean House when it is completed in Q1 2026. When you live here, you can enjoy a one-of-a-kind hotel-like lifestyle near the sea. Ocean House will exude the utmost serenity and tranquility far away from the hustle and bustle of the city, surrounded by lush flora and fauna. The master developer offers a lucrative 7%–10% discount on bulk orders upon request. The capital value of a property in Ocean House is expected to increase by up to 30% within 6 months if you decide to resell it. In order to compile this information, Ellington Properties used the pricing trends of Beach House, another project on Palm Jumeirah from Ellington Properties.

Features & Amenities

Location