About Ocean Tower
Ocean Tower is a residential building by Ahmed Alansari Real Estate Development, in Palm Deira, Dubai. It rises 17 storeys (a ground floor, 2 podium levels, 14 floors and a roof), built as a concrete structure with internal and external finishes. The project comprises 165 homes.
Key information
Developer
Ahmed Alansari Real Estate Development
- Expected handover
- Q3 2026
- Status
- Under construction
- Location
- Palm Deira, Dubai
- Master project
- Palm Deira
- Construction started
- 2024
- Number of buildings
- 1
- Number of units
- 165
- Registered with DLD
- 29 Aug 2024
- Escrow bank
- Emirates NBD
- Escrow account no.
- 0205860274402
- DLD transfer fee
- 4%
Source: official Dubai Land Department project data.
Project timeline
- Construction started2024
- Under construction19% complete
- Expected handoverQ3 2026
Construction progress
29 inspection photos from the Dubai Land Department. Latest 18 Jun 2026 at 19% complete.
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Amenities
Physical features recorded on the Dubai Land Department buildings register.
Swimming Pool
Covered Parking
4 Elevators
17 Floors
Sales and prices
Recorded sales from the Dubai Land Department register, not asking prices.
Recorded sales
22
Median price
AED 1.7M
Median price / sqft
AED 2K+3%
Off-plan share
100%
Sold by bedroom
| Layout | Sold | Typical size | Avg price | Avg / sqft |
|---|---|---|---|---|
| 1 Bed | 14 | 860 sqft | AED 1.7M | AED 2K |
| 2 Bed | 5 | 1,430 sqft | AED 3.1M | AED 2K |
| 3 Bed | 3 | 1,793 sqft | AED 3.6M | AED 2K |
Price per sqft by year
+3% since 2025AED/sqft
Recent recorded sales
| Date | Type | Size | Price | Price / sqft |
|---|---|---|---|---|
| 14 Jul 2026 | Off-plan | 839 sqft | AED 1.6M | AED 2K |
| 28 Apr 2026 | Off-plan | 858 sqft | AED 1.6M | AED 2K |
| 20 Apr 2026 | Off-plan | 854 sqft | AED 1.6M | AED 2K |
| 24 Mar 2026 | Off-plan | 1,468 sqft | AED 3.3M | AED 2K |
| 24 Mar 2026 | Off-plan | 1,468 sqft | AED 3.3M | AED 2K |
| 19 Feb 2026 | Off-plan | 887 sqft | AED 1.7M | AED 2K |
| 09 Feb 2026 | Off-plan | 843 sqft | AED 2.0M | AED 2K |
| 09 Feb 2026 | Off-plan | 1,468 sqft | AED 3.1M | AED 2K |
Unit mix
165 registered units, by layout and size, from the Dubai Land Department.
| Layout | Units | Size range |
|---|---|---|
| 1 B/R | 78 | 830 - 875 sqft |
| 2 B/R | 60 | 1,254 - 1,642 sqft |
| 3 B/R | 27 | 1,758 - 1,931 sqft |
Payment plan
Payment plans are set by Ahmed Alansari and change with each release. We'll send the plan that applies to the units available now, with the milestone breakdown.
Request the payment planLocation
Approximate location in Palm Deira, Dubai.
Ocean Tower
Dubai, United Arab Emirates
Frequently asked questions
Ocean Tower has a planned handover of Q3 2026, and the latest DLD inspection puts construction at 19% complete.