Oceanz by Danube Dubai Maritime City

Oceanz by Danube is a three-tower waterfront project in Dubai Maritime City, the reclaimed peninsula between Port Rashid and the Dubai Drydocks. It runs to about 1,250 homes across Oceanz 1, 2 and 3, from studios to 3 bedroom apartments plus a few 4 bedroom oceanic villas, with interiors branded by Tonino Lamborghini Casa. The starting price on record is AED 1.1 million (about Rs 2.83 crore) for a studio of roughly 420 to 430 sq ft.

The reason to read past the price is the schedule. Danube sells this one on a 65/35 plan with 1% monthly instalments and 35% left to pay over 35 months after you have the keys — seven years end to end. Handover is on record for Q1 2027, with several sources naming February 2027. See the rest of the emirate on our page of all Dubai projects we track.

At a glance

Price and unit pricing

The project range Bayut and propsearch carry runs from AED 1.1 million for a studio to about AED 4.2 million for a 3 bedroom home; Oceanz 2 is quoted separately from AED 1,186,000. Live listings sit close: studios from AED 1,050,000 against an average ask of about AED 1,370,000, 1 bedroom homes from AED 1,760,000. The source listing carries no price.

Sources disagree sharply on what Dubai Maritime City is worth per sq ft: one 2026 note puts apartments at AED 1,400 to 2,200, two others at about AED 3,021. Oceanz at AED 2,350 to 2,560 sits between — expensive against the lower estimate, a discount against the higher. Only the DLD transaction record settles it.

Payment plan and total cost

The plan is 65/35 with 1% monthly instalments: 10% on booking, 10% within two months, 1% a month for four months, 10% in the seventh month, 1% a month for nine months, 10% in the seventeenth month, 1% a month for eleven months, 1% at handover, then 35% over 35 months afterwards.

Worked on an AED 1.1 million studio: AED 110,000 on booking (about Rs 28.3 lakh), AED 715,000 before the keys and AED 385,000 afterwards at about AED 11,000 a month. On top sit the 4% DLD transfer fee of AED 44,000, the AED 40 Oqood registration fee and about AED 4,000 plus VAT for the registration trustee — roughly AED 1,148,000 all in, about Rs 2.96 crore. No source we checked publishes a service-charge rate for the district, so ask Danube for the first-year budget in writing. Final as per the SPA.

Location and connectivity

Dubai Maritime City is a purpose-built peninsula off Al Mina, between Port Rashid and the Dubai Drydocks, with water on three sides. One 2026 note records about 16% capital appreciation there over the last twelve months.

There is no Metro station inside the district; the Green Line's Bur Dubai stations are the nearest, and no source we checked prints a drive time from this address. Sheikh Rashid Road and Al Mina Road are the two ways in, with Mina Rashid and Al Seef immediately behind. The district is still being built out, so expect construction traffic and unfinished plots next door for years.

Amenities and specifications

Danube quotes more than 40 amenities across the towers and interiors branded by Tonino Lamborghini Casa, with studios from about 420 sq ft using convertible furniture. The main contractor is RAQ Contracting. Fit-out level, appliance brands and parking allocation are not itemised by the sources we checked — get all three in writing. Final as per the SPA.

About the developer

Danube Properties is the real-estate arm of the Danube Group and has built in Dubai since 2014 on a model of small units and 1% monthly plans. Dubai Land Department records show 20 completed projects and 8,230 units delivered; the company's own count is higher, at 28 projects by mid-2025 across more than 41 launched. One index puts its launch-to-delivery ratio at 87.5%, among the highest of any private UAE developer.

Pearlz was handed over six months ahead of schedule and Opalz in April 2025 was its third consecutive early completion. The other side is volume: 22 active projects totalling 18,202 units at about 26% average progress, and one index scores delivery reliability at 44%, ranking it #88 in Dubai.

For Indian buyers

Dubai Maritime City is freehold and open to buyers of any nationality, with the title deed issued by the Dubai Land Department and the 4% DLD transfer fee due on registration. There is no sales tax on a residential purchase in the UAE and no annual property tax; the service charge is your recurring cost.

Under the Liberalised Remittance Scheme a resident Indian may remit USD 250,000 per financial year. The studio is about USD 300,000, or roughly USD 313,000 with fees, so it does not fit one allowance in a single year — but the 65/35 plan spreads it to about USD 195,000 before handover and roughly USD 3,000 a month after. That fits one allowance, and it is the strongest argument this project has for an Indian buyer. At AED 1.1 million the studio is AED 900,000 short of the AED 2 million Golden Visa threshold. District gross yields of 6 to 7.5% work out at about AED 77,000 a year before service charges. Rental income is taxable in India for a resident at your slab rate with the standard 30% deduction, and the UAE levies nothing on residential rent to credit against it.

Pros

• A 65/35 plan with 1% monthly instalments and 35% payable over 35 months after handover, so rent can cover part of the balance
• Entry at about AED 2,500 to 2,560 per sq ft against a district figure quoted at about AED 3,021 on two sources
• Danube handed over Pearlz six months early and Opalz was its third consecutive early completion
• Gross yields of 6 to 7.5%, studios nearest 7%, above what Dubai Marina returns

Cons

• No source we checked publishes the DLD project number or the escrow bank for this project
• Sources disagree on the district's price per sq ft by more than 50%
• No service-charge rate published for the project or the district
• About 1,250 homes across three towers completing close together, into a district still being built out
• The AED 1.1 million studio is AED 900,000 short of the AED 2 million Golden Visa threshold

Who this is for

• Buyers who want a waterfront address but need the cost spread over seven years rather than three
• Indian buyers who want the purchase to fit inside one person's LRS allowance year by year
• Yield-first investors who can accept a newer district in exchange for 6 to 7.5% gross

Who should look elsewhere

• Golden Visa buyers with a single-unit budget under AED 2 million
• End users who want a finished neighbourhood with shops and a Metro station on day one

Our verdict

Oceanz is a payment plan with a sea view attached, and that is a description rather than an insult. Seven years, 1% a month and a third of the price payable after the keys arrive is the most forgiving structure in this batch, and Danube has been finishing buildings on time or early. The catches are real: no published DLD project number, no service-charge rate, a district two sets of sources price 50% apart, and 1,250 homes arriving at once in what is still a building site. Get the project number, the escrow bank and the service-charge budget in writing before any money moves. If you would rather buy something you can walk through today, our page on Marina Shores in Dubai Marina covers a near-finished tower, and the whole batch is listed under projects.

Run this project's numbers yourself. The calculator opens on the price and unit size above; change the currency, the rent or the mortgage and it recalculates the fees, the cash you need on day one and the net rent.

FAQs

What is the starting price of Oceanz by Danube?

AED 1.1 million (about Rs 2.83 crore) for a studio of roughly 420 to 430 sq ft, about AED 2,560 per sq ft. Live studio listings start at AED 1,050,000 against an average ask of about AED 1,370,000, and Oceanz 2 is quoted separately from AED 1,186,000. The top of the range is about AED 4.2 million for a 3 bedroom home.

What is the payment plan at Oceanz by Danube?

65/35 with 1% monthly instalments: 10% on booking, 10% within two months, runs of 1% months broken by 10% payments in the seventh and seventeenth months, then 35% over 35 months after handover. On an AED 1.1 million studio that is AED 110,000 on booking and about AED 11,000 a month afterwards, plus the 4% DLD transfer fee of AED 44,000 and about AED 4,000 for the registration trustee.

When is the handover of Oceanz by Danube?

Q1 2027 is the date on record, with several sources naming February 2027. The towers are under construction with RAQ Contracting as main contractor. The SPA carries the anticipated completion date and the grace period; check the escrow-verified completion percentage on the Dubai REST app before each instalment.

Is Oceanz registered with the Dubai Land Department?

It is sold off-plan under DLD rules, so payments go into a DLD-approved escrow account named in the SPA and the sale is registered on Oqood in your name. No source we checked prints the project number or the escrow bank. Ask the sales office for both and verify them on the Dubai REST app before paying a booking amount.

What rental yield can I expect in Dubai Maritime City?

Gross yields in the district are quoted at 6 to 7.5% on 2025 in-place rents, studios at about 7%. On an AED 1.1 million studio that is about AED 77,000 a year before service charges and vacancy. No service-charge rate is published for the project, so underwrite conservatively.

Can an Indian citizen buy here, and how does LRS work?

Yes. Dubai Maritime City is freehold and open to all nationalities. Each resident Indian may remit USD 250,000 per financial year under the Liberalised Remittance Scheme, and the 65/35 plan spreads the studio's roughly USD 300,000 to about USD 195,000 before handover and USD 3,000 a month after.

For the units still open, the current price list and the service-charge budget in writing, talk to Realty Hunting and we will put the numbers next to the alternatives before you book.

Compare with other Dubai projects

Also in Dubai Maritime City: Danube Breez (from AED 1,400,000, handover 2029), The Pier Residence (from AED 1.4 M, handover 2027), Anwa Aria (from AED 1.5 M, handover 2026) and Harbour Lights (from AED 1.58 M, handover 2027).

More by Danube: Danube Bayz 101 (from AED 1,175,000, handover 2028), Eleganz by Danube (from AED 1.23 M, ready) and Danube Bayz 102 (from AED 1.27 M, handover 2029).

A similar budget elsewhere in Dubai: Emaar Green Square (from AED 1,100,000, ready), Hartland Heights (from AED 1.1 M, off-plan) and J One (from AED 1,100,000, ready).

Read next: Danube Properties Projects in Dubai: Prices and the 1% Plan · Off-Plan Property in Dubai: How It Works · Dubai Property Payment Plans: 1% Monthly, Post-Handover and More · The Cost of Buying Property in Dubai. Every Dubai project we track is listed on the Dubai section.