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Ocean Tower

by AHMED ALANSARI REAL ESTATE DEVELOPMENT L.L.C·PALM DEIRAResidentialFreeholdOff-plan Heavy

Development & Handover Profile

🏗️ Under Construction
Construction Progress5.0%
Project Start
Oct 1, 2024
Expected Handover
Sep 30, 2026
37 days remaining
Total Units
165
Avg Unit Size
1225 sqft
Freehold Ratio
100%
Escrow Agent
Emirates NBD (ENBD)
Median Price
AED 1.80M
PSF
AED 1,965/sqft
Sales 12M
2
vs Area
-33.5%
Asset Turnover
ⓘ
1.2%
Liquidity (12M)

Physical Inventory Profile

Total Registered Units
165
Avg Unit Size
1225 sqft
1BR
46.7%
2BR
37.0%
3BR
16.4%

Room Configuration

Unit TypeCountShare
1BR7746.7%
2BR6137.0%
3BR2716.4%

Price & Volume Trend

Unit Liquidity Matrix

⚠️ Ghost Units Detected

Compares physical inventory against actual 12M sales volume. A Demand Index near 1.0 indicates a perfectly balanced secondary market for that unit type.

Unit TypeInventory ShareSales Share (12M)Demand IndexStatus
1BR46.7%
77 units
75.0%
9 sold
1.61🔥 HIGH DEMAND
2BR37.0%
61 units
25.0%
3 sold
0.68⚠️ LOW DEMAND
3BR16.4%
27 units
0.0%
0 sold
—🚫 GHOST UNIT
Investor Warning: This project contains “Ghost Units” — configurations that make up a large portion of the building but see near-zero secondary market trading. Reselling these specific unit types may take significantly longer than average.

Recent Transactions

DateAreaProjectRoomsPricePSFStatusOwnership
13 Jul 2026
Published 14 Jul 2026
PALM DEIRA1BRAED 1.63MAED 1,937/sqftOff-planFreehold
27 Apr 2026
Published 28 Apr 2026
PALM DEIRA1BRAED 1.64MAED 1,912/sqftOff-planFreehold
20 Apr 2026
PALM DEIRA1BRAED 1.60MAED 1,873/sqftOff-planFreehold
24 Mar 2026
PALM DEIRA2BRAED 3.26MAED 2,222/sqftOff-planFreehold
24 Mar 2026
PALM DEIRA2BRAED 3.26MAED 2,222/sqftOff-planFreehold
19 Feb 2026
PALM DEIRA1BRAED 1.70MAED 1,917/sqftOff-planFreehold
7 Feb 2026
Published 9 Feb 2026
PALM DEIRA1BRAED 2.05MAED 2,432/sqftOff-planFreehold
7 Feb 2026
Published 9 Feb 2026
PALM DEIRA2BRAED 3.14MAED 2,139/sqftOff-planFreehold
2 Feb 2026
PALM DEIRA1BRAED 1.60MAED 1,873/sqftOff-planFreehold
27 Jan 2026
Published 28 Jan 2026
PALM DEIRA1BRAED 1.60MAED 1,873/sqftOff-planFreehold
22 Sep 2025
PALM DEIRA1BRAED 1.67MAED 1,957/sqftOff-planFreehold
8 Sep 2025
PALM DEIRA1BRAED 1.80MAED 2,052/sqftOff-planFreehold
25 Jul 2025
PALM DEIRA1BRAED 1.65MAED 1,929/sqftOff-planFreehold
29 May 2025
PALM DEIRA3BRAED 3.60MAED 2,015/sqftOff-planFreehold
22 May 2025
PALM DEIRA2BRAED 2.55MAED 1,993/sqftOff-planFreehold
21 May 2025
PALM DEIRA3BRAED 3.80MAED 2,127/sqftOff-planFreehold
6 May 2025
PALM DEIRA2BRAED 3.13MAED 2,129/sqftOff-planFreehold
22 Apr 2025
PALM DEIRA3BRAED 3.55MAED 1,965/sqftOff-planFreehold
3 Apr 2025
PALM DEIRA1BRAED 1.59MAED 1,864/sqftOff-planFreehold
20 Mar 2025
PALM DEIRA1BRAED 1.59MAED 1,864/sqftOff-planFreehold
7 Mar 2025
PALM DEIRA1BRAED 1.62MAED 1,852/sqftOff-planFreehold
17 Feb 2025
PALM DEIRA1BRAED 1.74MAED 1,982/sqftOff-planFreehold
20 Sep 2023
PALM DEIRAAED 38.84MAED 664/sqftReadyFreehold
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