Oceanz Phase 3: Danube's Maritime City Tower with a Buyer-Friendly Payment Split
Oceanz Phase 3 is the third residential tower in Danube Properties' Oceanz cluster within Maritime City, Dubai. The project delivers apartments across four unit sizes, from studios to three-bedroom layouts, with construction underway since April 2024 and a scheduled handover in March 2027.
A District Built Around the Water
Maritime City occupies a strip of reclaimed land between Deira and Port Rashid, designed to mix marine industry with residential and commercial use. For buyers, the practical point is proximity: Downtown Dubai is roughly 15 to 20 minutes by car depending on traffic, and Dubai International Airport sits about the same distance to the north.
AED 1.22M to AED 3.83M: A Wide Spread With a Clear Logic
The price range runs from AED 1,220,607 at the studio end to AED 3,825,453 for a three-bedroom unit. That is a spread of more than AED 2.6 million, and it maps directly to the unit mix.
Studios start at 429 sq ft. One-bedrooms open at 760 sq ft. Two-bedrooms span four layout variations from 1,197 to 1,440 sq ft, all listed from AED 2,682,963. The three-bedroom at 1,893 sq ft sits at the top of the range.
Buyers at the low end are typically investors or first-time buyers comfortable with a small footprint in exchange for an accessible entry price. The two- and three-bedroom units attract owner-occupiers or investors targeting larger tenants, such as families or sharers.
What the Apartments Offer
All units are apartments. The layout types (A, B, C, D within the two-bedroom tier) suggest variation in aspect and floor plan, which can affect livability and resale value depending on view and orientation. The studio at 429 sq ft is compact and workable for a single occupant or as an investment unit.
Amenities: Practical, Not Excessive
| Category | Facilities |
|---|---|
| Fitness | Gymnasium, Well-being and Fitness |
| Community | Community Park, Mosque, Barbecue Area |
| Services | Retail Facilities, CCTV Security |
Seven amenities is a measured set for a mid-market apartment tower. The gym and well-being facilities are expected. The mosque and community park are practical additions that make the project livable rather than just lettable. The barbecue area signals an orientation toward residents who intend to stay and use the space, not purely investors looking for a quick flip.
Nearing the Finish Line: March 2027 Handover
Construction started in April 2024. The expected completion is March 2027, now roughly six months away. A buyer entering at this stage is close to the handover date, which means the execution risk associated with early-stage off-plan purchases is largely behind this project.
For an investor, six months is enough time to line up a tenant ahead of key delivery. The project is approaching its final construction phase, which is a different risk profile than buying at groundbreak.
65/35 Split: Pay More Now, Less After Keys
| Stage | Amount |
|---|---|
| During construction | 65% |
| Post-handover | 35% |
The payment structure front-loads the majority of the purchase price into the construction phase, with 35% deferred to after handover. This is a genuine post-handover plan, which gives buyers a meaningful cash-flow cushion around the handover period. For buyers entering near completion, the construction installments are largely settled, and the post-handover portion becomes the primary remaining commitment.