Al Ansari Group

Al Ansari Group is here with Ocean Tower on Central Island, the built-up core with the deepest resale market on the archipelago. Two things stand out about it: it is one of the larger buildings on the island at 165 units, and it has one of the nearer-term handovers, dated Q3 2026. That combination of scale and near-term delivery is worth understanding before you buy.

Ocean Tower is priced from about AED 1.8M at AED 2,100 per sq.ft, which sits below the island median of AED 2,445. A below-median price with a near-term handover is a genuinely useful pairing, because you reach the rental market sooner and you buy in at a fair per-foot rate. On a 50/50 plan, half the price is committed by that soon-arriving completion, so this suits a buyer with capital ready.

The 165-unit scale cuts both ways. A larger building brings a broader amenity base and a more resilient service charge, spread across more owners, but it also means more competing units internally, so the specific line and floor you buy matters more than in a small building. Sizes run from around 857 sq.ft up to 1,976, with one to three bedrooms, aimed at investors and small-family end users. When a building this size hands over, a lot of units hit the rental market at once, so buy the position that will stand out rather than a middle-of-the-stack unit.

The honest read on Ocean Tower is that it is a fair-value, near-term option, with the main caveat being its size. A below-median price and a Q3 2026 handover are both in your favour; the 165 units mean you have to be more careful about which unit you pick. As with any newer developer here, confirm on-site progress. For a buyer who wants to be renting sooner at a sensible price and will do the work to pick the right line, Ocean Tower is a reasonable Central Island entry.

Ocean Tower is priced from AED 1.8M at AED 2,100 per sq.ft. That is 14% below the Dubai Islands apartment median of AED 2,445, a gap of AED 345 per foot, which puts it in the lower half of island pricing. On its 50/50 payment plan, that entry price splits into about AED 900K committed across construction and AED 900K due at handover. Budget roughly another 6 to 7 per cent to complete, around AED 117K: the 4 per cent Dubai Land Department fee, trustee and admin, the first year of service charge and snagging. A completed unit at this price qualifies the owner for the 2-year investor visa; the 10-year Golden Visa needs AED 2M registered, which this entry does not reach. Handover is dated Q3 2026, the building holds 165 units, sized 857 to 1,976 sq.ft, currently selling. View the full listing →