OCEAN HOUSE

Off-Plan

DeveloperNORTHACRE ELLINGTON DEVELOPMENT L.L.C

CommunityPalm Jumeirah

AreaPalm Jumeirah

Started

2 years 7 months ago01-06-2023

Status

30% BuiltIn Progress

Project Description

Residential Building (B+G+9) + GYM + Swimming Pools.The project designed to have a concrete structure and block with internal and external finishes.

Performance Alpha

Momentum: Last 90Dvs Last 12M Baseline

—No recent sales

Momentum: Last 12Mvs Prior Year

—No sales in period

Community Compare: Last 90DPalm Jumeirah

Premium

+113%

Above Avg

Project:AED 7,030/sqft

Community:AED 3,306/sqft

Liquidity: Last 12MExit Speed

—No sales in period

Supply & Demand Matrix

OCEAN HOUSE averaged 0% liquidity over the last 12 months, which is considered low. High velocity indicates an active secondary market with easier exit potential. Lower velocity suggests long-term holds or cooling demand.

Type

Absorption (L12M)

Velocity

2 Bedrooms

58 units

0 sold58 left

Velocity

3 Bedrooms

31 units

0 sold31 left

Velocity

4 Bedrooms

6 units

0 sold6 left

Velocity

Layouts & Units (95)

Units	Type	Beds	Size	Avg Price	Last Price	Last Sold	Sales
Units 2 units	Type Flat	Beds 2 B/R	Size 1,630 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 12 units	Type Flat	Beds 2 B/R	Size 1,636 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 14 units	Type Flat	Beds 2 B/R	Size 1,784 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 810	Type Flat	Beds 2 B/R	Size 1,867 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 6 units	Type Flat	Beds 2 B/R	Size 1,873 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 807	Type Flat	Beds 2 B/R	Size 1,922 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 6 units	Type Flat	Beds 2 B/R	Size 1,927 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds 2 B/R	Size 2,041 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 12 units	Type Flat	Beds 2 B/R	Size 2,103 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds 2 B/R	Size 4,213 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 12 units	Type Flat	Beds 3 B/R	Size 3,237 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 7 units	Type Flat	Beds 3 B/R	Size 3,534 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 7 units	Type Flat	Beds 3 B/R	Size 3,642 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units G04	Type Flat	Beds 3 B/R	Size 4,771 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 902	Type Flat	Beds 3 B/R	Size 5,458 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 903	Type Flat	Beds 3 B/R	Size 5,464 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 901	Type Flat	Beds 3 B/R	Size 8,295 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 904	Type Flat	Beds 3 B/R	Size 8,619 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 804	Type Flat	Beds 4 B/R	Size 5,332 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 802	Type Flat	Beds 4 B/R	Size 5,333 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds 4 B/R	Size 6,153 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units G07	Type Flat	Beds 4 B/R	Size 8,717 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units G01	Type Flat	Beds 4 B/R	Size 9,947 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

23 unique layouts covering 95 units