Danube Properties begins work on the Dh2.5 billion Oceanz project
Oceanz was introduced by Danube Properties, the most rapidly expanding commercial real estate builder in the United Arab Emirates, riding high on robust investor demand.
When completed, Oceanz, a development valued at more than Dh2.5 billion, will be located in Dubai Maritime City and provide unrestricted views of the stunning Arabian Gulf in addition to serving as a new hub for cruise tourism and leisure travel close to the famed Shindagha old village.
Upon completion in the inaugural quarter of 2027, Oceanz will comprise 51 stories above ground, a six-story podium with parking and community amenities, and 44 stories of residential properties. The 1,250 residential units, which include studio, one, two, and three-bedroom apartments as well as a few retail stores, will be delivered by Oceanz.
The majority of other Danube developments offer more than forty community, health, and lifestyle amenities with houses at Oceanz, such as a health club, infinity pools, sports arenas, tennis courts, grilling areas, jogging tracks, on-call doctors, and on-board nannies, among other things.
First project on the waters of Arabian Gulf
Oceanz, the first project by Danube Properties on the waters of the Arabian Gulf with a view of a sizable body of water, is the largest project to date in terms of both development value and number of units disclosed. Flats at Oceanz will enjoy value appreciation and command a better rental income for investors in the upcoming years due to the area, facilities, and amenities.
Danube Properties is the busiest and fastest-growing exclusive real estate developers in the United Arab Emirates. Oceanz is the company’s tenth project to be introduced in the last 19 months and its 25th residential project in the nine years since it began development activities in 2014. That’s one project launch in less than every two months.
Group Chairman’s statements
“We are committed to bringing more supplies to the marketplace to meet the increased demand,” says Danube Group Chairman and Founder Rizwan Sajan, “as the demand for residences continues to grow.” The opening of Oceanz, our third initiative in three months, demonstrates our unwavering dedication to provide customers with a wide range of residential options and assisting in market rebalancing to produce a win-win scenario for all people involved.”
The market for real estate in Dubai is outperforming nearly all other worldwide property markets, despite difficulties in some sections of the world’s economy. This is largely due to the country’s astute and imaginative leadership.
Unrivalled in the market, the homes at Oceanz provide endless views of the ocean. After construction is finished, Oceanz’s surroundings will resemble the well-known home complexes in Miami or Malibu, California. Each apartment’s value will increase to an entirely new level in three years, when Dubai Maritime City is compared to a few of the finest and most sought-after coastlines worldwide. In this manner, house buyers might sell it at twice the price upon handover at the prices we are currently providing.