Ocean Tower
Off-PlanCommunityPalm Deira
AreaPalm Deira
Started
1 year 3 months ago01-10-2024
Handover
In 8 months30-09-2026
Status
5% BuiltIn Progress
Project Description
G+2P+14+R Residential Building.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 Deira
—No recent sales
Liquidity: Last 12MExit Speed
Low7%Turnover
12Sold (Last 12M)
Supply & Demand Matrix
Ocean Tower averaged 7% 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
1 Bedroom
77 units
7 sold70 left
9%
Velocity
2 Bedrooms
61 units
2 sold59 left
3%
Velocity
3 Bedrooms
27 units
3 sold24 left
11%
Velocity
Layouts & Units (165)
| Units | Type | Beds | Size | Avg Price | Last Price | Last Sold | Sales |
|---|---|---|---|---|---|---|---|
Units 26 units | Type Flat | Beds 1 B/R | Size 854 sqft | Avg Price AED 1.6M | Last Price AED 1.7M | Last Sold 4 months ago | Sales 4 |
Units 4 units | Type Flat | Beds 1 B/R | Size 877 sqft | Avg Price AED 1.7M | Last Price AED 1.8M | Last Sold 5 months ago | Sales 3 |
Units 6 units | Type Flat | Beds 3 B/R | Size 1,787 sqft | Avg Price AED 3.7M | Last Price AED 3.6M | Last Sold 8 months ago | Sales 2 |
Units 14 units | Type Flat | Beds 2 B/R | Size 1,279 sqft | Avg Price AED 2.5M | Last Price AED 2.5M | Last Sold 8 months ago | Sales 1 |
Units 27 units | Type Flat | Beds 2 B/R | Size 1,468 sqft | Avg Price AED 3.1M | Last Price AED 3.1M | Last Sold 9 months ago | Sales 1 |
Units 7 units | Type Flat | Beds 3 B/R | Size 1,807 sqft | Avg Price AED 3.5M | Last Price AED 3.5M | Last Sold 9 months ago | Sales 1 |
Units 4 units | Type Flat | Beds 1 B/R | Size 843 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 7 units | Type Flat | Beds 1 B/R | Size 858 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 1402 | Type Flat | Beds 1 B/R | Size 881 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 28 units | Type Flat | Beds 1 B/R | Size 887 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 7 units | Type Flat | Beds 1 B/R | Size 891 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 7 units | Type Flat | Beds 2 B/R | Size 1,351 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 7 units | Type Flat | Beds 2 B/R | Size 1,401 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 3 units | Type Flat | Beds 2 B/R | Size 1,454 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 2 units | Type Flat | Beds 2 B/R | Size 1,488 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 1409 | Type Flat | Beds 2 B/R | Size 1,685 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 7 units | Type Flat | Beds 3 B/R | Size 1,841 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 7 units | Type Flat | Beds 3 B/R | Size 1,916 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
18 unique layouts covering 165 units