Wellington Ocean
Off-Plan

Wellington Ocean

From AED 2.15M·Handover Dec 2026·10% down payment Payment
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AED 2.15M
Starting Price
Dec 2026
Handover
10% down payment
Payment Plan
1 BR · 2 BR
Type

Project Overview

Wellington Ocean is a unique project that rises against the backdrop of the magnificent ocean, embodying life on the coast. The residential complex from Wellington consists of a ground floor, a podium, six residential levels and a roof. Its architecture is characterized by clear, modern lines and large glass surfaces that create a spectacular play of light and shadow. Apartments with 1, 2 or 3 bedrooms are available for sale. The lobby, foyer and lobby bar create a single space filled with urban elegance. From marble surfaces and calm lighting to the impeccable functionality of high-speed elevators — each space reflects the charm of the coastal area and modern style. Wellington Ocean redefines the concept of a coastal getaway with a lively catwalk and rooftop amenities. On the podium there are changing cabins, a swimming pool, children's water attractions, a playground, mini golf and a recreation area. The project is located on Dubai Islands, which allows you to get to Deira City Centre in just 5 minutes, to Dubai International Airport in 19 minutes, and to Downtown in 30 minutes.

Project Specifications
DeveloperWellington Developments
LocationDubai Islands
Unit Types1 BR, 2 BR, Apartments
AreaDubai Islands
Ownershipfreehold
Est. ROIContact Astraterra for area-specific ROI guidance

Investor Return Snapshot

Base-case underwriting using Astraterra's current Dubai assumptions: 60/40 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 10% annual appreciation. For a live bespoke model, use our financial analysis calculator.

Projected Cap Rate
4.3%
NOI AED 92,891 / year
Cash-on-Cash
2.2%
Levered cashflow AED 21,850
Base-Case IRR
12.8%
5-year hold, levered
Payback Period
18.4 yrs
Gross rent AED 139,929 / year

Comparable Sales Context

Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.

BenchmarkAED / sq ftIndicative TicketContext
Wellington Ocean launch basis2,392AED 2.15MCurrent launch / asking basis
Dubai Islands ready-stock comps1,500AED 1.35MIndicative resale benchmark
Dubai Islands premium peer launches1,850AED 1.67MNew-launch peer set
Trophy alternative proxy2,250AED 2.02MHigher-end anchor for negotiation context

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

Flexible Payment

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Amenities & Lifestyle

BBQ
Cinema
Coworking zone
Golf course
Jogging tracks
Kids Play Area
Landscaped garden
Lift
Lobby
Paddle court
Parking
Private pool
SPA
Sauna
Shared Jacuzzi
Shared gym & fitness
Social zone
Yoga studio

Location

Dubai Islands

Nearby Destinations

Dubai Creek — 10 mins
Deira City Centre — 12 mins
Dubai International Airport — 18 mins
Al Mamzar Beach Park — 8 mins
Dubai IslandsDubai IslandsDubai, UAE

Developer Track Record

01

Wellington Ocean by Wellington Developments

02

Located in Dubai Islands

03

Starting from AED 2,152,750

04

Unit mix includes 1 BR, 2 BR, Apartments

05

Expected handover: Dec 2026

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

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