2-bed · 2,103 sqftOcean House, Palm Jumeirah · 5th floor

507, Ocean House

Sold prices and rental history: sold once, by the developer in October 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 507 · DLD and Ejari recordsUpdated 4 October 2023
Last soldAED 10.99M4 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 507, Ocean House

What is 507 worth today?

Last sold for AED 10,991,828 in 2023

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4 Oct 2023Sold by developerOff-plan
AED 10,991,828AED 5,226 per sqft

Source: Dubai Land Department. Updated 4 October 2023.

Key facts

Type
2-bed apartment
Size
2,103 sqft
Floor
5th of 9
Parking
2
Developer
Northacre Ellington Development
Last sold
AED 10.99M · October 2023
Building
Ocean House

About 507, Ocean House

507 is a two-bedroom apartment of 2,103 sqft on the 5th floor of Ocean House, a 9-storey tower in Palm Jumeirah by Northacre Ellington Development . The developer sold it on 4 October 2023 for AED 10,991,828, or AED 5,226 per sqft, 3% above the AED 5,062 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 507 over time

Sales
Unit 507, each saleTypical two-bed in Ocean House
10M11M20232024202520262027Typical sale price by year: 2023 AED 9,519,828; 2024 AED 9,329,828; 2025 AED 9,680,828; 2026 AED 9,363,328Sold by developer, October 2023: AED 10,991,828 (AED 5,226 per sqft)

507 has sold once; the dashed line is the two-bed median of each year in the building.

2-beds in Ocean House, and where 507 sits

All 57 2-beds →

507 last sold in October 2023 at AED 5,226 per sqft, 3% above what two-beds in Ocean House were fetching at the time (AED 5,062). Over the last 12 months two-beds sold for AED 8,257,500 to 18,956,828, around AED 4,800 per sqft.

Recent 2-bed salesUnit no.Price (AED)Summary
19 Oct 20268,257,500
21 Jul 20269,625,828
15 Jul 202618,956,828
23 Jan 20269,100,828
4 2-bed sales in the last 12 months

Ocean House

Building

91 apartments, 2-bed to 5-bed over 9 floors in Palm Jumeirah by Northacre Ellington Development . 9 sold in the last 12 months.

Typical price per sqft
AED 5,131
Typical sale
AED 18.41M
Typical rent
Few contracts
Typical yield
Ocean House, Palm Jumeirah: prices, sales and rents →

Other units on the 5th floor

All 91 units in Ocean House
Value
5013-bedAED 18.57M · Dec 2023
5023-bedAED 17M · Jul 2025
5032-bedAED 10.88M · Oct 2023
5042-bedAED 9.27M · Jul 2025
5052-bedAED 10M · Oct 2023
5062-bedAED 9.17M · Jul 2025
5083-bedAED 17.05M · May 2026
1–7 of 11

507, Ocean House in numbers

  • Sold once: by Northacre Ellington Development on 4 October 2023 for AED 10,991,828, or AED 5,226 per sqft.
  • Two-beds in Ocean House sold for AED 8,257,500–18,956,828 in the 12 months to November 2026; the building's median across all types is AED 5,131 per sqft.

Source: Dubai Land Department. Updated 4 October 2023.

Questions about 507, Ocean House

What did unit 507 last sell for?

AED 10,991,828 on 4 October 2023, sold by the developer: AED 5,226 per sqft for 2,103 sqft. It is the only registered sale of the unit.

How big is unit 507?

2,103 sqft (195.4 sqm): a two-bedroom apartment on the 5th floor of a 9-storey tower.

What is unit 507 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Ocean House sold for AED 8,257,500 to 18,956,828 in the last 12 months, around AED 4,800 per sqft.

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Mortgage on 507, Ocean House

Starts from the last sale price (AED 10.99M, 4 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 10,991,828
Deposit, UAE resident (20%)
AED 2,198,366
Deposit, non-resident (40%)
AED 4,396,731
Monthly over 25 years at 3.7%
AED 44,971

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →