Ocean Tower construction progress
Ocean Tower in Palm Deira is 30% built at the Land Department inspection of September 2026. Developer Ahmed Alansari Real Estate Development. Completion registered for September 2026.
30%
Built, at the Land Department site inspection of 11 September 2026
0 months past its registered completion date
- Completion date (Land Department)
- September 2026
- Finish at recent pace
- April 2029
- Construction started
- October 2024
- Registered with the Land Department
- August 2024
- Developer
- Ahmed Alansari Real Estate Development
- Community
- Palm Deira
- Units
- 165
- Escrow bank
- Emirates NBD
- Name in Arabic
- أوشن تاور
- Land Department project number
- 3149
- Land Department site inspections
- 6
Schedule
Ocean Tower was registered to complete in September 2026, 1 month ago, and is still under construction. Over the last year of inspections it has added about 2.2 points a month. Kept at that rate, the site would reach 100% around April 2029.
Site inspections
11 September 2026
30%+11 pts
.jpeg&w=3840&q=75)
18 June 2026
19%+6.5 pts
.jpeg&w=3840&q=75)
.jpeg&w=3840&q=75)
27 March 2026
13%+2.6 pts
.jpeg&w=3840&q=75)
29 January 2026
10%+3.1 pts
.jpeg&w=3840&q=75)
.jpeg&w=3840&q=75)
27 October 2025
6.9%+1.8 pts
12 June 2025
5.0%
Context
Palm Deira has 95 projects under construction, 22% built on average. Ocean Tower is ahead of that average.
Own a unit in Ocean Tower?
Mulki follows this project for you: each new Land Department inspection, your payment plan, the handover date and what the unit is worth today, in one private app.
Track the handoverQuestions
- When will Ocean Tower be completed?
- The completion date registered with the Dubai Land Department is September 2026. At the pace of its recent inspections the site would reach 100% around April 2029. Developers can apply to the Land Department to extend the date, so check the register before relying on it.
- How much of Ocean Tower is built?
- 30%, measured at the Land Department site inspection on 11 September 2026. The Land Department engineers have inspected the site 6 times since June 2025.
- Is Ocean Tower delayed?
- Yes. Its registered completion date of September 2026 has passed and the Land Department still lists it as under construction.
- Who is building Ocean Tower?
- The registered developer is Ahmed Alansari Real Estate Development.
- Which bank holds the escrow account for Ocean Tower?
- Emirates NBD. Dubai law requires payments for off-plan units to go into a project escrow account at a bank approved by the Land Department, so buyer money is held against this project only.
- Bay Residences Dubai IslandsNearby in Palm Deira. 48%, Due October 2026.
- Beach Residences Dubai IslandsNearby in Palm Deira. 29%.
- Bay Villas - Dubai IslandsNearby in Palm Deira. 23%, Due May 2027.
- Edgewater ResidencesNearby in Palm Deira. 48%.
- Off-plan handover in DubaiWhat happens between 100% and getting your keys.
- Snagging a new Dubai homeHow to inspect the unit before you accept it.
Progress, dates, developer, units and escrow bank come from the Dubai Land Department’s Mashrooi register, read daily. The pace and the projected finish are Mulki’s own arithmetic on the last year of Land Department inspections, not a forecast from the developer. Site photos belong to the Dubai Land Department. See how Mulki works with Land Department data.