D1028_OCEAN_HOUSE

ID D1028_OCEAN_HOUSE

Ocean House will be the the third development on Palm Jumeirah by Ellington Properties. The beautiful 9-storey complex will house 88 very spacious units that will all have amazing views of the ocean, the rest of the Palm and the Dubai skyline. There will be gorgeous 2-4BR apartments, as well as one 6BR Presidential unit and two 5BR Penthouses. All residences will feature front and back balconies or terraces to make the most of the fantastic views. The development is a collaboration between Ellington Properties, SOL Properties and Northacre – SHUAA Capital.

LOCATION FACTORS:

• ULTIMATE HOLIDAY DESTINATION
• DIRECT ACCESS TO THE BEACH
• LOCATED ON THE EAST CRESCENT OF THE PALM JUMEIRAH
• SITS IN BETWEEN WALDORF ASTORIA AND ANANTARA RESORT HOTELS
• CLOSE TO ATLANTIS THE PALM
• THE GOLDEN MILE IS NEARBY
• ONE OF THE BEST RESIDENTIAL INFRASTRUCTURES IN DUBAI
• INCREDIBLE VIEWS OF THE PALM, THE SEA, DUBAI SKYLINE
• 6 MINUTES TO THE POINTE
• 11 MINUTES TO NAKHEEL MALL
• 25 MINUTES TO DOWNTOWN DUBAI
• 40 MINUTES TO DXB AIRPORT

FACILITIES:

• 50M OLYMPIC SIZE POOL
• POOL DECK
• HEALTH CLUB & GYM
• CIGAR LOUNGE
• MEETING ROOM
• WELLNESS SPA
• CO-WORKING SPACES
• CINEMA ROOM
• LIBRARY
• A LA CARTE SERVICES

SIZES & PRICES:

• 2 BR – 1,642 SQFT TO 4,214 SQFT FROM AED 21,488,000
• 3 BR – 3,233 SQFT TO 4,770 SQFT FROM AED 25,281,000
• 4 BR – 5,352 SQFT TO 9,917 SQFT FROM AED 30,000,000
• 5 BR PENTHOUSE – 14,037 SQFT FROM AED 82,818,000
• 6 BR PRESIDENTIAL – 11,770 SQFT FROM AED 70,032,000

LOCAL AMENITIES / INFRASTRUCTURE:

• SUPERMARKETS: Al Mirziban, Waitrose, Quickbuy, All Day Mini Mart
• PUBLIC TRANSPORT: Palm Atlantis Monorail Station
• SCHOOLS/NURSERIES: Asya’s Nursery, Redwood Montessori Nursery, Dubai College, GEMs Wellington International School
• MEDICAL FACILITIES: Dubai London Clinic- Nakheel Mall, Al Das Medical Clinic
• RETAIL/F&B: On-site & Atlantis the Palm, Golden Mile, Nakheel Mall, The Point
• PETROL STATION: Dubai Harbour, Al Sufouh
• LANDMARKS: Dubai Harbour, Dubai Marina, Palm Jumeirah, The Point

Interiors in Ocean House will be designed by Bjarke Ingles Group (BIG) and each residence will have a neutral yet warm colour palette throughout, with lots of earthy tones to make them feel just like home. All units will have floor to ceiling windows and doors to make the most of the spectacular views from all angles. The apartments in Ocean House are designed with luscious landscapes extending vertically from the ground floor upwards making the residence resemble a vertical garden.

KEY FEATURES:

• ALL UNITS COME WITH A LAUNDRY ROOM, POWDER ROOM AND A PANTRY
• ALL RESIDENCES INCLUDE FRONT AND BACK BALCONIES AND OR TERRACES
• GROUND FLOOR DUPLEX UNITS COME WITH A PRIVATE SWIMMING POOL AND A POOL DECK ON THE TERRACE, AND A FAMILY ROOM ON THE UPPER FLOOR
• ALL BEDROOMS COME WITH A BATHROOM
• 3-6BR UNITS INCLUDE A SHOW AND PREP KITCHEN
• 5BR PENTHOUSES COME WITH A WRAPAROUND TERRACE, A PRIVATE LOBBY, POOL AND GYM
• 6BR PRESIDENTIAL UNIT HAS 5 BALCONIES, A GYM, SPA AND A PRIVATE POOL

PITCH POINTS / WHY BUY:

• REPUTABLE DEVELOPER – 3RD DEVELOPMENT ON PALM JUMEIRAH BY ELLINGTON
• EXCELLENT RESIDENTIAL AMENITIES IN THE BUILDING, AND GROUND FLOOR DUPLEX APARTMENTS WILL HAVE THEIR OWN GARDENS AND SWIMMING POOLS
• PALM JUMEIRAH IS THE MOST POPULAR AREA TO BUY AND RENT PROPERTY IN DUBAI
• EXCELLENT ROI POTENTIAL
• PALM JUMEIRAH GENERATES THE HIGHEST PROPERTY SALES ACROSS THE EMIRATE
• EACH BUILDING HAS A SLIGHTLY DIFFERENT VIEW OF DUBAI
• RESIDENCES ARE EXTREMELY SPACIOUS COMPARED TO SIMILAR DEVELOPMENTS WITHIN THE SAME AREA

PAYMENT PLAN: 60/40 (5% booking fee & 15% upon signing)

ROI: 1BR – 5.4%, 2BR – 4.5%, 3BR – 4.2%

DEVELOPER OVERVIEW:

Founded in 2014, Ellington Properties is one of Dubai’s leading design-led real estate developers. The company has developed beautiful residences in Dubai that are designed by artistry and impeccable architecture. Every property is built on Ellington’s four key pillars which are: change mindsets, establish credibility, evoke emotions and differentiation. Some of Ellington’s most prestigious projects include the Belgravia I, II & III, as well as Somerset Mews and DT 1.

THINGS TO KNOW:

• SERVICE CHARGE: AED 25 PER SQFT
• ALLOCATED PARKING: YES (2BR X1, 3BR X2, 4BR X3, 5 & 6BR X4)
• RESALE POLICY: OFF-PLAN AFTER 40% PAYMENT