Distress Deal | AED 19M | 2BR Apartment in Ocean House at Palm Jumeirah by Ellington Properties | Below Market Value

Verified Distress Deal in Palm Jumeirah, Dubai: 2-bedroom Apartment in Ellington Ocean House. Selling at AED 19M below the market value.

Property Highlights

• Selling Price: AED 19,000,000 (Selling below the market price)
• Property Type: 2-Bedroom Apartment
• Property Size: 4,213 sq ft
• Project Name: Ocean House
• Developer: Ellington Properties
• Location: Palm Jumeirah
• Project Status: Off-Plan 
• Payment Plan: 70/30 (30% Paid)
• Completion: Q4-2026
• Other: Ultra-luxury design | Limited inventory | One of Palm’s most exclusive residences

Luxury Waterfront Apartment in Palm Jumeirah’s

This is a verified distress sale, offering a unique chance to secure a luxury 2BR apartment at the original developer price in Ocean House, one of Palm Jumeirah’s most iconic ultra-premium addresses by Ellington. With only 30% paid and the remainder following Ellington’s schedule, this becomes one of the lowest entry-price opportunities in the entire project.

Why This is a Secure Deal

This distressed property is driven by the seller's liquidity needs, not by any issues with the property or the developer. All payments are up to date, verifiable, and the transfer is handled transparently through Ellington. Why this is a safe investment:

• Clean, verified payment history
• No mortgage or financial complications
• OP pricing in a project that has already appreciated significantly
• Ultra-luxury asset, rare to find distress deals in this category
• Strong historical demand for Palm Jumeirah waterfront properties

A secure, low-risk path into one of Dubai’s highest-performing luxury property segments. Distress Deals in Ocean House at OP pricing are almost unheard of. Secure this rare premium asset before it disappears.

Why the Apartment in Ocean House is a Prime Investment

• Prestigious Location: Palm Jumeirah remains Dubai’s most iconic luxury address.
• Large 2BR Layout (4,213 sq ft): Superior to typical Palm apartments.
• Ellington Quality: Known for world-class finishes, boutique luxury, and high design value.
• Ultra-Luxurious Waterfront Living: Ocean House is among the most exclusive low-density residences on the Palm.
• Strong Appreciation Curve: Early investors have already seen value growth, and more is expected as construction progresses.
• High Rental Yields on the Palm: Exceptional demand for furnished and long-stay luxury rentals.

This property offers the perfect combination of exclusivity, long-term appreciation, and immediate equity value through OP pricing. This opportunity will not remain available for long. Only verified cash-ready buyers will be considered, given the below-market pricing and urgency. Ready to move forward? Get in touch today to receive the title documents, check the payment history, and start the developer transfer process for this distressed property for sale in Dubai.

Golden Visa eligibility, rental and yield figures, handover timing and transport connectivity described above reflect source information published as at 17 August 2026 and can change. Confirm current status before relying on them.