Under construction properties
Oceanz
$317,200 — $1,188,900
  • Property types:
    Studio, 1 bedroom, 2 bedroom, 3 bedroom
  • Two-Year Price Appreciation:
    26%
  • District:

    Maritime City

  • Developer:

    Danube Properties

  • Class of the property:
    "B"
  • Class of the district:
    "B"
  • Rating Independent:
    4★
  • Reliability of the developer:
    4★
  • Down payment:
    10%
  • Payment plan:
    65/35
  • Completion date:
    Q1 2027

About district
Location
  • District

    Maritime City

Dubai Maritime City (DMC) is a business zone which is dedicated to the maritime, commerce and trade industry. The area is located between Port Rashid and Dubai Drydocks World on a man-made peninsula and consists of the Commercial District that comprises offices, residences and retail, as well as the Industrial Precinct, dedicated to marine services such as warehouses, workshops, ship lifts and repair docks.


The master developer of the neighbourhood is DP World, which is working with architectural consultants from Khatib & Alami to regenerate the area. The Dubai Maritime City district is expected to be completed by the end of 2021. It should also be noted that the uniqueness of the site is that upon completion of all construction works the development should receive a certificate of eco-building, which would allow the area to become the first maritime center that combines state-of-the-art maritime technology with an eco-friendly initiative.


The project was launched in 2004 but was suspended from 2009 to 2011 because of the financial crisis. In 2012, construction resumed again, and a year later DAMAC Properties announced that it planned to redevelop DMC and build high-rise buildings and luxury towers that would house premium hotels and serviced apartments. As a result, in 2015, developer Omniyat began construction on the 44-storey Anwa Tower, which costs more than AED 600M (USD 163.35M) to construct and design.

According to the master plan, DMC is being developed to create a cluster of like-minded companies within six large and diverse sectors, including maritime services, maritime management, product marketing, maritime research and education, leisure, ship design and manufacturing. In addition, the area should be an excellent venue for international trade seminars, exhibitions and conferences, as well as symposia on maritime topics.

Statistics by district
Unit cost
Sales price
Unit cost
Sales price per sqft

About developer

Danube Properties

Danube Group has grown from a single store started in Deira, Dubai 30 years ago to one of the most trusted and household brand in the Middle-East. The multi-million dollar Group has been consistently increasing its global footprint and annual revenue supported by ever-growing family of over 3,500 staff. Danube Group is head-quartered in Dubai and operates in 9 countries across Middle-East & Asia.

The Group owns many award winning business verticals. Danube Building Material is the No.1 Building Materials company of the region offering more than 25,000 products under one roof. Danube Home is the fastest growing furniture retail brand currently present across UAE, KSA, Oman, Bahrain, Qatar, Kuwait, India and Africa. Alucopanel is the only factory manufacturing A2 grade façade cladding panels in the UAE.

Danube Properties the property development arm of the business is rated amongst top 5 developers in the UAE. Company’s major achievement include on time delivery of exceptional quality assets with record sales success.

Backed by its consistent growth and immense consumer confidence Danube Group has received over 50 awards in different categories. The Groups philosophy is to deliver exceptional quality and build long lasting relationship.


About building
About Oceanz
Oceanz is a residential complex of three 44-storey twin towers located on the new artificial peninsula of Dubai Maritime City. The buildings are interconnected with a 5-storey podium, which houses recreational areas for the complex's residents. The project offers cozy studios and designer apartments with 1, 2 and 3 bedrooms.

Dubai Maritime City is located on the artificial peninsula of Dubai Maritime City on the coast of the Persian Gulf. The peninsula is divided into several areas – a business center with offices and entertainment facilities, an academic cluster, office and residential areas. The nearby pier with luxury yachts creates a light coastal atmosphere of relaxation and tranquility.

The advantageous location of the project allows residents to reach Dubai's main attractions in just a few minutes. The project is a 10-minute drive from Sheikh Zayed Road, the central thoroughfare of Dubai. Beaches, prestigious schools and hospitals are 10 minutes away from the project, and Dubai International Airport is 18 minutes away.

The elegant interior design in Italian style is harmoniously complemented by vibrant, accent furniture from Tonino Lamborghini Casa and gold-accented decorative elements.
Features / Amenities
  • Parking
  • Gym
  • Swimming pool
  • Beach
  • Lounge areas
  • Balcony
  • Kid's playgrounds
  • Private cinema

Apartment
Floor Plans
Studio / 426 sqft — 430 sqft
$317,200 — $321,000
Studio + Pool / 647 sqft
$453,300
1 bedroom / 718 sqft — 916 sqft
$530,100 — $603,000
1 bedroom + Pool / 736 sqft — 815 sqft
$538,200 — $598,700
2 bedroom + Pool / 1184 sqft — 1352 sqft
$720,400 — $835,800
3 bedroom + Pool / 1905 sqft
$1,151,600 — $1,188,900

Process of purchasing
Process of purchasing property
1
Step №1
We identify a suitable property that meets your needs and has promising potential for appreciation.
2
Step №2
We confirm the property's availability with the developer, keeping in mind that properties in Dubai can be snapped up quickly.
3
Step №3
Our team verifies the escrow accounts and the project card via the Dubai Land Department website.
4
Step №4
You place an Expression of Interest (refundable) or a Deposit (non-refundable) - 2-5% to provisionally reserve the property under your name. This deposit is paid into the developer's bank account.
5
Step №5
We complete and sign the Booking Form online.
6
Step №6
You transfer the remaining part of the initial payment (10-20%) within 1-2 weeks. This payment is also made to the developer's bank account.
7
Step №7
We handle the payment of the Dubai Land Department (DLD) fee, which amounts to 4% of the property value.
8
Step №8
You cover additional fees: the administration fee (580 AED) and OQOOD - temporary ownership certificate (2,100 AED for sale price below 500k - 4,200 AED for sale price above 500k).
9
Step №9
We sign the main Sales and Purchase Agreement (SPA) either remotely, at the developer's office, or via post. This typically occurs within 1-2 months.

Example of the agreement
10
Step №10
You continue with the remaining payments, which are made to the project's escrow account, until the handover or key collection.
11
Step №11
Upon completion of the full payment, you will receive the Title Deed - the ownership certificate (250 AED) and then proceed to take over the property and collect the keys.

Title Deed
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ⓒ2024