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Danube Properties, the UAE's fastest-growing private real estate developer, has announced the launch of Oceanz, a prestigious residential project at Dubai Maritime City with a development value exceeding INR 5600 Crore. Oceanz will offer breath taking views of the Arabian Gulf and a new leisure and cruise tourism hub near the historic Shindagha heritage village.
The launch of Oceanz was met with strong investor demand, with one of the two towers selling out on the day of the launch, and high demand for the second tower. To meet this growing demand, Danube Properties plans to conduct roadshows and expos in five Indian cities, including Delhi NCR, Mumbai, Pune, Hyderabad, and Chennai.
The residential units at Oceanz start from INR 2.42 Crore for a studio apartment, making them attractive to both homebuyers and investors. Danube Properties offers a unique 1 per cent monthly payment plan following the initial deposit, making homeownership more accessible and appealing.
Rizwan Sajan, Founder and Chairman of Danube Group, emphasized the company's commitment to meeting the rising demand for homes, especially from India. He noted that despite global economic challenges in some parts of the world, Dubai's real estate market is performing exceptionally well.
Oceanz is set to become a new cruise and leisure tourism destination, similar to Malibu or Miami in the Middle East. It is Danube Properties' 25th residential project in just nine years and the 10th project launched in the last 19 months, making it the fastest-growing private real estate developer in the UAE.
When completed in the first quarter of 2027, Oceanz will rise 51 floors above the ground and include 1,250 residential units, including studio apartments, 1-bedroom, 2-bedroom, and 3-bedroom apartments, as well as retail stores. It will offer over 40 community, health, and lifestyle amenities, including a health club, infinity swimming pools, a sports arena, a tennis court, a barbecue area, a jogging track, and more.
Oceanz is Danube Properties' largest project in terms of the number of units and development value. Due to its location and amenities, apartments at Oceanz are expected to appreciate in value and command higher rental incomes in the coming years.
Danube Properties follows a strategy of launching one project at a time, selling it out, appointing a contractor for construction, and then launching the next project. The company is on track to deliver three projects this year, including Wavez, Jewelz, and Olivz.
Apartments within Oceanz will be smart and sustainable homes, aligning with the UAE's commitment to sustainability. Additionally, Danube Properties offers homeowners a 10-year Golden Visa, subject to government approval.
In summary, the launch of Oceanz by Danube Properties marks a significant development in Dubai's real estate market, attracting strong investor interest and offering attractive options for homebuyers and investors. The project's strategic location and amenities make it a promising investment opportunity.
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