2-bed · 1,636 sqftOcean House, Palm Jumeirah · 5th floor

512, Ocean House

Sold prices and rental history: sold once, by the developer in February 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 512 · DLD and Ejari recordsUpdated 15 February 2024
Last soldAED 8.36M15 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 512, Ocean House

What is 512 worth today?

Last sold for AED 8,362,828 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

15 Feb 2024Sold by developerOff-plan
AED 8,362,828AED 5,113 per sqft

Source: Dubai Land Department. Updated 15 February 2024.

Key facts

Type
2-bed apartment
Size
1,636 sqft
Floor
5th of 9
Parking
1
Developer
Northacre Ellington Development
Last sold
AED 8.36M · February 2024
Building
Ocean House

About 512, Ocean House

512 is a two-bedroom apartment of 1,636 sqft on the 5th floor of Ocean House, a 9-storey tower in Palm Jumeirah by Northacre Ellington Development . The developer sold it on 15 February 2024 for AED 8,362,828, or AED 5,113 per sqft, in line with the AED 5,091 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 512 over time

Sales
Unit 512, each saleTypical two-bed in Ocean House
9M20232024202520262027Typical 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, February 2024: AED 8,362,828 (AED 5,113 per sqft)

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

2-beds in Ocean House, and where 512 sits

All 57 2-beds →

512 last sold in February 2024 at AED 5,113 per sqft, in line with what two-beds in Ocean House were fetching at the time (AED 5,091). 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
5072-bedAED 10.99M · Oct 2023
1–7 of 11

512, Ocean House in numbers

  • Sold once: by Northacre Ellington Development on 15 February 2024 for AED 8,362,828, or AED 5,113 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 15 February 2024.

Questions about 512, Ocean House

What did unit 512 last sell for?

AED 8,362,828 on 15 February 2024, sold by the developer: AED 5,113 per sqft for 1,636 sqft. It is the only registered sale of the unit.

How big is unit 512?

1,636 sqft (152.0 sqm): a two-bedroom apartment on the 5th floor of a 9-storey tower.

What is unit 512 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.

Selling 512? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 512, Ocean House

Starts from the last sale price (AED 8.36M, 15 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 8,362,828
Deposit, UAE resident (20%)
AED 1,672,566
Deposit, non-resident (40%)
AED 3,345,131
Monthly over 25 years at 3.7%
AED 34,215

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