Ellington Ocean House in Palm Jumeirah
Ellington Ocean House · Palm Jumeirah, Dubai
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Launch Price
AED 22.58M
Property Type
Mixed-Use
Bedrooms
2 - 6 Beds
Payment Plan
20/50/30
Handover
Q4 2026
Projected Yield
4.2 to 6.2%
Off-plan multiple/other buyers in Palm Jumeirah will find Ellington Ocean House starting at AED 22.58M. A 20% booking payment secures the unit. Construction-phase instalments total 50%, with the remaining 30% due at handover scheduled for Q4 2026. Tenant demand from business professionals and long-stay residents in prime Dubai supports projected gross yields in the 4.2 to 6.2% range. Ellington Ocean House sits in the premium tier. MonthlyDubai can match this project with your monthly capacity alongside comparable alternatives.
Payment Plan Breakdown
From AED 1,254,490/month during construction · No mortgage required
| Phase | % | Split | Amount |
|---|---|---|---|
| On Booking | 20% | AED 4,516,166 Due on signing SPA |
|
| During Construction | 50% | AED 1,254,490/mo 9 monthly instalments |
|
| On Handover | 30% | AED 6,774,248 Due at Q4 2026 |
|
| Total | AED 22,580,828 | ||
On Booking
20%
AED 4,516,166
Due on signing SPA
During Construction
50%
AED 1,254,490/mo
9 monthly instalments
On Handover
30%
AED 6,774,248
Due at Q4 2026
Total
100%
AED 22,580,828
Questions about Ellington Ocean House
What payment plan does Ellington Ocean House offer?
Ellington Ocean House uses a 20/50/30 payment plan. Buyers pay 20% at booking, with the remaining spread across construction and handover in Q4 2026.
Can I buy this project without a mortgage?
Yes. Dubai off-plan developer payment plans do not require bank approval or a mortgage. You pay instalments directly to the developer on a fixed schedule through to handover.
Is this project registered with RERA?
MonthlyDubai only matches buyers with RERA-registered off-plan projects. All funds are held in government-supervised escrow accounts and released only as construction milestones are verified.
How do I find out if this fits my monthly budget?
Use the form on this page. Enter your monthly instalment capacity and WhatsApp number, and the MonthlyDubai team will confirm whether Ellington Ocean House fits your budget and send you comparable alternatives.
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