Danube Properties to launch Dh2.5 billion project Oceanz in Dubai

“Dubai’s Fastest-Growing Private Real Estate Developer, Danube Properties, Launches Oceanz: A Dh2.5 Billion Luxury Project

Benefiting from robust investor demand, Danube Properties, known as the fastest-growing private real estate developer in the UAE, has unveiled Oceanz. With a development value exceeding Dh2.5 billion, Oceanz is set to grace the skyline of Dubai Maritime City, offering breathtaking vistas of the Arabian Gulf and establishing itself as a new leisure and cruise tourism hub alongside the historic Shindagha heritage village.

Scheduled for completion in the first quarter of 2027, Oceanz will soar to 51 floors above ground. It will encompass a six-level podium housing car parking and community facilities, followed by 44 floors dedicated to residential properties. The project will feature a total of 1,250 residential units, ranging from studio apartments to 1-bedroom, 2-bedroom, and 3-bedroom apartments, along with a selection of retail stores. Like other Danube projects, Oceanz will boast over 40 community, health, and lifestyle amenities, including a health club, infinity swimming pools, a sports arena, tennis courts, barbecue areas, jogging tracks, and on-call medical and childcare services, among others.

Oceanz represents Danube Properties’ largest project to date, both in terms of the number of units and development value. Positioned along the Arabian Gulf coast, it offers exceptional facilities and amenities that are expected to drive property value appreciation and rental income growth for investors in the years ahead.

This project marks the 25th residential venture by Danube Properties in just nine years since the company commenced development activities in 2014. Furthermore, it is the 10th project launched in the past 19 months, demonstrating the company’s rapid expansion in the UAE’s private real estate sector.

Rizwan Sajan, Founder and Chairman of Danube Group, stated, “As demand for homes continues to grow, we are committed to bringing more supply to the market to meet the rising demand. The launch of Oceanz, our third project in three months, reflects our strong commitment to offer a wide range of residential options and contribute to market balance, creating a win-win scenario for all stakeholders.”

Sajan also emphasized the strength of Dubai’s real estate market, attributing its robust performance to visionary leadership. Oceanz’s oceanfront views and proximity to Dubai Maritime City are set to position it alongside renowned coastal properties in places like Malibu and Miami. Sajan predicted that the project’s value will soar over the next three years, presenting significant appreciation potential for buyers.

Residential units at Oceanz start from Dh1.1 million for studio apartments, making them an attractive choice for both homebuyers and investors. Danube Properties offers a trend-setting 1 percent monthly payment plan following the initial deposit, enhancing affordability and attractiveness for property buyers as the demand in the real estate sector continues to rise.”

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