Sold Prices · DLD Data
Ocean Tower
Palm Deira, Dubai · Palm Deira
AED 2,048
Avg Price / sqft
AED 2.1M
Avg Sale Price
10
DLD Sales Recorded
4.8%
Est. Gross Yield
Market snapshot
Ocean Tower — the numbers
Ocean Tower is a residential building in Palm Deira, Dubai with approximately 165 units. Dubai Land Department records show 10 sales in the building, at an average price of AED 2.1M — around AED 2,048 per square foot.
Since January 2026, 10 sales completed in Ocean Tower, with the average price per square foot moving from AED 1,873 to AED 1,937 (+3.4%). That upward drift suggests sellers currently hold pricing power here.
Benchmarked against average residential rents in Palm Deira, a typical unit in Ocean Tower returns an estimated 4.8% gross rental yield before service charges — a useful starting point for investors comparing towers across Palm Deira.
Figures are from Dubai Land Department transaction records for Ocean Tower; individual units vary by floor, view and finish. Gross yield is estimated against average Palm Deira residential rents, before service charges.
Price trend
Price trend in Ocean Tower
Average sale price per sqft by month since January 2026+3.4%
Unit types
Prices by unit type
1 Bed
AED 1.7M
AED 1,985/sqft
7 sales · last 12 months
2 Bed
AED 3.2M
AED 2,194/sqft
3 sales · last 12 months
Transactions
Recent sold prices
| Date | Type | Beds | Size (sqft) | Price | AED/sqft |
|---|---|---|---|---|---|
| 13 Jul 2026 | Sales | 1 | 839 | AED 1.6M | AED 1,937 |
| 27 Apr 2026 | Sales | 1 | 839 | AED 1.6M | AED 1,955 |
| 20 Apr 2026 | Sales | 1 | 840 | AED 1.6M | AED 1,905 |
| 24 Mar 2026 | Sales | 2 | 1,468 | AED 3.3M | AED 2,222 |
| 24 Mar 2026 | Sales | 2 | 1,468 | AED 3.3M | AED 2,222 |
| 19 Feb 2026 | Sales | 1 | 887 | AED 1.7M | AED 1,917 |
| 07 Feb 2026 | Sales | 1 | 843 | AED 2.0M | AED 2,432 |
| 07 Feb 2026 | Sales | 2 | 1,468 | AED 3.1M | AED 2,139 |
| 02 Feb 2026 | Sales | 1 | 854 | AED 1.6M | AED 1,873 |
| 27 Jan 2026 | Sales | 1 | 854 | AED 1.6M | AED 1,873 |
About the area
Ocean Tower is in Dubai Islands
Dubai Islands represents a groundbreaking waterfront community that encompasses five individual islands, strategically designed to elevate the standard of coastal living in Dubai. Spanning an impressive 17 square kilometers, this development caters to families, professionals, and investors, offering a vibrant and connected lifestyle that is both modern and inviting.
Explore the Dubai Islands area guideNearby
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FAQ
Ocean Tower: frequently asked questions
What is the average price in Ocean Tower?
The average recorded sale price in Ocean Tower, Palm Deira is AED 2.1M, around AED 2,048 per square foot, based on Dubai Land Department transaction data.
Are prices in Ocean Tower going up or down?
Average sale prices in Ocean Tower have risen +3.4% per square foot since January 2026, across 10 DLD-recorded sales.
What rental yield can I expect in Ocean Tower?
Based on average Palm Deira residential rents against sale prices in the building, a typical unit in Ocean Tower yields roughly 4.8% gross per year, before service charges and fees.
How many properties have sold in Ocean Tower?
10 sales have been recorded in Ocean Tower according to DLD data, across approximately 165 units.
Considering Ocean Tower?
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