Oceanz is Danube Properties' 25th residential project in the nine years since it began development in 2014, and its 10th launch in the last 19 months, more than one project every two months, making Danube the busiest and fastest-growing private developer in the UAE.
Meeting Rising Demand
Rizwan Sajan, Founder and Chairman of Danube Group, said: "As demand for homes continues to grow, we are committed to bring more supplies in the market to meet the rising demand. The launch of Oceanz – our third project in three months – reflects our strong commitment to offer a great variety of residential options to homebuyers and help rebalance the market to create a win-win situation for all stakeholders."
"Despite global economic headwinds in certain parts of the world, the real estate market in Dubai is performing extremely well and outperforming almost all other global property markets – thanks to the visionary and wise leadership of the country.
"Homes within Oceanz come with infinite ocean views – unmatched in the market. Once completed, the surrounding areas around Oceanz will match the famous residential apartments in Malibu or Miami in the United States. In three years, Dubai Maritime City will be compared to some of the most sought-after coastal properties in the world and the value of each apartment will appreciate to a completely different level. This way, at the prices that we are offering today, home buyers could sell it at double the price on handover."
Prices and Payment Plan
Prices start from Dh1.1 million for a studio, an attractive proposition for buyers and investors who can benefit from continued price appreciation as demand rises. Danube homes come with its trend-setting 1 percent monthly payment plan after the initial deposit, making buying more affordable.
One Project at a Time
Danube Properties launches one project at a time, sells it out and appoints a contractor to build it before launching the next. This year it is also delivering three projects: Wavez (delivered), Jewelz and Olivz. Most projects launched in 2022 and 2023 are ahead of their construction and delivery schedules, and the company recently sold out Elitz 3, launched in August 2023.
Source: Gulf News
