Ocean Walk — project image
Off-Plan

Ocean Walk

From AED 2.24M·Handover Dec 2027·10% down payment Payment
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AED 2.24M
Starting Price
Dec 2027
Handover
10% down payment
Payment Plan
1 BR · 2 BR
Type

Project Overview

Ocean Walk is a luxury residential complex from the developer Wellington Developments, embodying the natural power of the ocean. The architectural creation resembles a majestic sculpture created by nature itself: solid and at the same time elegant, as if polished by the waves of the sea. The building consists of a ground floor, two podium floors, eight residential floors, and a roof. The complex offers apartments with one, two, and three bedrooms, each with its own unique character and spectacular sea views. The interiors of the residences are distinguished by thoughtful layout and exquisite design. The master bedroom is an oasis of tranquility, with panoramic windows offering stunning views of the coastline. Here, time seems to slow down, and the only sounds are the measured sound of the surf and the breathing of the ocean. The residential complex has a modern gym, a spacious yoga and meditation area, a soothing Zen garden, and a padel tennis court. The prestigious location of the complex provides excellent transport accessibility. Deira Mall is just a 6-minute drive away, Dubai Islands Beach is 9 minutes away, Dubai Islands Marina is 10 minutes away, Waterfront Market is 8 minutes away, and Dubai International Airport can be reached in 15 minutes.

Project Specifications
DeveloperWellington Developments
LocationDubai Islands
Unit Types1 BR, 2 BR, 3 BR, Apartments
AreaDubai Islands
Ownershipfreehold
Rental analysisSee scenario below

Illustrative Rental Scenario

Hypothetical completed-property scenario, not a forecast, valuation or financing offer: 6.5% gross rental yield, 6% acquisition-cost allowance, 60/40 debt/equity, 5.5% interest-only debt cost, 4% vacancy, 5% management, 1.2% service charge proxy and 0.4% maintenance. Service charge and maintenance are percentages of the purchase price; vacancy and management are percentages of gross rent. Rental income assumes the property is completed and let. Construction delays, price changes, sale proceeds and loan principal repayment are excluded. Confirm project-specific rents, costs and financing before relying on a scenario. For a live bespoke model, use our financial analysis calculator.

Scenario Cap Rate
4.3%
NOI AED 96,504 / year
Cash-on-Cash
2.2%
Levered cashflow AED 22,700
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 1.03M / annual levered cash flow. Excludes time before letting.

Pricing and Area Research

Starting prices are project indications, not confirmed unit offers. Ask for current availability, a unit-specific price and size, service charges and dated comparable transactions before deciding.

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Gallery

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Astraterra Properties

Official Documents

Download official marketing materials from Wellington Developments.

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Payment Structure

10% down payment

Published payment summary

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Amenities & Lifestyle

BBQ
Cinema
Covered Parking
Coworking zone
Golf course
Jogging tracks
Kids Play Area
Leisure areas
Lift
Lobby
Lounge
Meditation zone
Mini Golf
Open Kids Play Area
Open air gym
Outdoor cinema
Paddle court
Parking
Pool Deck
Pool Lounge
Private Jacuzzi
Recreational areas
Rooftop Pool
Shared Pool
Shared gym
Shared gym & fitness
Sitting Area
Social zone
Yoga Area
Zen Garden

Location

Ocean Walk location map
Project location

Nearby Destinations

Dubai Islands

Developer and Project Facts

01

Ocean Walk by Wellington Developments

02

Located in Dubai Islands

03

Starting from AED 2,236,487

04

Unit mix includes 1 BR, 2 BR, 3 BR, Apartments

05

Expected handover: Dec 2027

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

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Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae

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