New homes in Ocean Tower start at AED 1,730,000; keys are due Jun 2027; you pay 20% to book, 10% while it is built and 70% at the keys.
In the 12 months to Nov 9, 2026, Dubai Land Department recorded 1,596 off-plan sales of 1-bed apartments of 621 sq ft to 931 sq ft in Dubai Islands. Their median price is AED 2,855 per sq ft (about AED 2,438,000 at 854 sq ft). This project's from price is AED 2,026 per sq ft (AED 1,730,000 for its smallest home, 854 sq ft), 29% less.
Keys
Jun 2027
The developer's handover date
Payment plan
20 / 10 / 70
20% to book, 10% while it is built, 70% at the keys
Bedrooms
1 to 3 beds
Sizes
854 to 1,924 sq ft
Ownership
Freehold
Property types
Apartment
Registration fee
4% of the price
Paid to the Dubai Land Department
As of Nov 1, 2026. These details can change; confirm them with the developer before you book.
Dubai Land Department register
From price per sq ft
AED 2,026 per sq ft
Similar off-plan homes: AED 2,855 per sq ft
RERA project
3149
Check it in Dubai REST, the Dubai Land Department's official app.
Built
30%
Being built. DLD register, Nov 11, 2026
Completion on the register
Sep 2026
DLD shows only the current date. We have recorded it since Jun 12, 2026 and it hasn't moved.
Escrow account
بنك الإمارات دبي الوطني (ش.م.ع)
The bank that holds your payments
Registered homes
165
In 1 buildings
Dubai Land Department project register, as of Nov 11, 2026.
Paying for it
You pay 20% when you book, 10% as the building goes up, and 70% when you get the keys.
AED
When
Stage
Share
Amount
Paid by then
NowBooking · 20%
Booking
20%
AED 346,000+ AED 69,200 DLD fee
AED 415,200
Jan 2027While it is built · 5%
While it is built
5%
AED 86,500
AED 501,700
Apr 2027While it is built · 5%
While it is built
5%
AED 86,500
AED 588,200
Jun 2027Keys · 70%
Keys
70%
AED 1,211,000
AED 1,799,200
Booking payment, 20%
AED 346,000
Dubai Land Department fee (Oqood), 4%
AED 69,200
Cash you need to bookThe developer pays the broker, so there is no buyer's fee.
AED 415,200
Total costPrice plus the DLD fee
AED 1,799,200
The dates are our estimate: we spread the construction share evenly between now and the keys. The developer's real dates follow the building work, so they can move.
Your payments go into the project's escrow account, which RERA watches, not straight to the developer.
A mortgage at the keys
Before you buy
Pay into the project's escrow account only.
This project's escrow account is at the bank named on the register above, watched by RERA. Pay into that account, never to a person.
Budget for the service charge.
Once the building is finished you pay a yearly service charge per sq ft, set from the building's budget and approved by RERA. Ask AAA Real Estate Development for the estimate.
Register the sale with Oqood.
The Land Department records off-plan sales in its Oqood register. Until your sale is on it, the home isn't in your name.
Is the price fair?
Dubai Land Department recorded 1,596 off-plan sales of 1-bed apartments of 621 sq ft to 931 sq ft in Dubai Islands, from Nov 10, 2025 to Nov 9, 2026. Here is what they sold for, and where this project's from price sits.
Too few similar homes in Ocean Tower sold in 24 months, so we compare with off-plan sales across Dubai Islands.
Dubai Land Department recorded 1,596 off-plan sales of 1-bed apartments of 621 sq ft to 931 sq ft in Dubai Islands, from Nov 10, 2025 to Nov 9, 2026. Here is what they sold for, and where this project's from price sits.
Median price AED 2,855 per sq ft
AED 1,519 to AED 1,837 per sq ft
19 sales
AED 1,837 to AED 2,156 per sq ft
118 sales
This project's from price is in this band.
AED 2,156 to AED 2,474 per sq ft
225 sales
AED 2,474 to AED 2,792 per sq ft
329 sales
AED 2,792 to AED 3,110 per sq ft
416 sales
AED 3,110 to AED 3,429 per sq ft
297 sales
AED 3,429 to AED 3,747 per sq ft
136 sales
AED 3,747 to AED 4,065 per sq ft
56 sales
AED 1,519 per sq ftAED 4,065 per sq ft
This project AED 2,026 per sq ft
Half of the sales sold for AED 2,520 to AED 3,146 per sq ft
The median is the middle sale: half sold for less, half for more.
Show as tableShow as chart
Price per sq ft
Sales
AED 1,519 to AED 1,837 per sq ft
19
AED 1,837 to AED 2,156 per sq ft
118
AED 2,156 to AED 2,474 per sq ft
225
AED 2,474 to AED 2,792 per sq ft
329
AED 2,792 to AED 3,110 per sq ft
416
AED 3,110 to AED 3,429 per sq ft
297
AED 3,429 to AED 3,747 per sq ft
136
AED 3,747 to AED 4,065 per sq ft
56
The 3 closest sales
Picked from the 1,596 similar sales above, closest in size to this project's smallest home.
Apr 2026AED 1,600,000AED 1,873 per sq ftOCEAN TOWER, 854 sq ft
Feb 2026AED 1,600,000AED 1,873 per sq ftOCEAN TOWER, 854 sq ft
Jan 2026AED 1,600,000AED 1,873 per sq ftOCEAN TOWER, 854 sq ft
Off-plan sales only, of the same home type, bedrooms and size band.
What similar homes sold for
The median price of off-plan homes with the same number of bedrooms that sold in Dubai Islands in the 12 months to Sep 30, 2026. The smallest type is checked at the from price.
Type
Off-plan median
Sales
Against similar sales
1-bed apartmentFrom AED 1,730,000 here
Off-plan medianAED 2,334,000AED 2,781 per sq ft
Sales2,196
29% below 1,596 similar sales
2-bed apartment
Off-plan medianAED 3,499,000AED 2,716 per sq ft
Sales1,972
3-bed apartment
Off-plan medianAED 5,593,000AED 2,829 per sq ft
Sales576
Sales from Oct 1, 2025 to Sep 30, 2026. A median needs at least 30 sales.
On your doorstep
Gold Souq Metro Station1.1 km, 18 min walkMetro station
Deira Islands Beach1.8 km, 6 min driveBeach
Al Wahidah Boys' School for Cycle2 and Secondary Education. C2 & C32.2 km, 8 min driveSchool
Queen international school5.2 km, 12 min driveBritish school
New academy school4 km, 12 min driveAmerican school
The Elite English School4.4 km, 9 min driveIndian school
Naif Souq1.7 km, 3 min driveMall
Belhoul Speciality Hospital1.7 km, 3 min driveHospital
Dubai World Trade Centre6.9 km, 15 min driveOffices
Ocean Tower is an apartment building by AAA Real Estate Development in Dubai Islands, with 1- to 3-bedroom homes from AED 1,730,000 and handover listed for June 2027. The price check puts the from price per square foot 29% below 1,596 similar sales over the 12 months to November 2026, and 70% of the price falls due at handover.
The price check stands out here. The from price per square foot is 29% below 1,596 similar sales in Dubai Islands over the 12 months to November 2026.
The plan is 20% on booking, 10% during construction and 70% on handover. At the from price that is AED 346,000 to book, AED 173,000 during the build and AED 1,211,000 at handover. Separately, the 4% DLD fee comes to AED 69,200; ask when it is due. The listed handover is June 2027, about seven months from now, so ask the developer for a construction update. Also confirm the developer named on the sale agreement.
The building is listed as G+2+14, on a plot of over 58,000 sq ft. Homes have one to three bedrooms and are handed over unfurnished. The listing gives 854 to 1,924 sq ft, but the developer gives 840 sq ft for one bedroom, so ask for the floor plan of the unit you want. Shared facilities include a lazy river, an infinity pool, a spa, a jogging track and a Sky Lounge on the 14th floor.
By our map, Dr. Ismail Polyclinic is about 710 m away and Gold Souq Metro Station about 1.1 km, roughly two minutes by car by our estimate. Deira Islands Beach is about 1.8 km away. The Elite English School is about 4.4 km away, and Dubai World Trade Centre about 15 minutes by car.
The developer's plans. Sizes and layouts can change; ask the developer for the plan of the exact unit you're looking at.
1 BR
2 BR
3 BR
How prices moved
Median price of 1-bed apartments in Dubai Islands, over the 12 months to each dateUp 27% from Dec 2024 to Sep 2026.
Dec 2024AED 2,188 per sq ft
Sep 2026AED 2,781 per sq ft
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12 months to
Median price
Sales
Sep 2026
AED 2,781 per sq ft
2,196 sales
Jun 2026
AED 2,696 per sq ft
2,435 sales
Mar 2026
AED 2,535 per sq ft
2,416 sales
Dec 2025
AED 2,416 per sq ft
1,959 sales
Sep 2025
AED 2,338 per sq ft
1,563 sales
Jun 2025
AED 2,305 per sq ft
1,308 sales
Mar 2025
AED 2,211 per sq ft
746 sales
Dec 2024
AED 2,188 per sq ft
500 sales
Off-plan sales only.
Questions about this project
Who is building Ocean Tower?
The listing names AAA Real Estate Development. Check that the same company is named on your sale agreement.
How does the price compare with nearby sales?
The from price per square foot is 29% below 1,596 similar sales in Dubai Islands over the 12 months to November 2026.
How much is left to pay at handover?
70% of the price, or AED 1,211,000 at the from price. Before that you pay AED 346,000 on booking and AED 173,000 during construction. Separately, the 4% DLD fee comes to AED 69,200; ask when it is due.
Are the apartments furnished?
No. Homes are handed over unfurnished.
Can foreigners buy here?
Yes. The listing gives the ownership as freehold.
How far is the metro?
Gold Souq Metro Station is about 1.1 km away by our map, around two minutes by car by our estimate.
