Oceara Park View Residences: Two and Three-Bedroom Apartments on Dubai Islands
PPS Properties is developing Oceara Park View Residences on Dubai Islands, an island cluster off the Deira coastline in northern Dubai. The project offers apartments across two configurations, with construction beginning on 8 July 2026 and handover targeted for January 2029. Entry is available from AED 2,300,000 for a two-bedroom unit.
An Island Address Off Deira
Dubai Islands connects to the mainland by bridge. The island sits off the Deira coast, giving residents a waterfront address in a part of Dubai that is actively adding residential supply. Deira's retail spine is accessible across the bridge, with City Centre Deira among the nearest major shopping destinations. Dubai International Airport is roughly 15 to 20 minutes by road, making the location practical for frequent travellers and attractive for landlords whose tenants need airport proximity.
The island setting means residents are separated from mainland traffic and density, with water on multiple sides. For buyers comparing this to mainland Deira apartments, the island address is the defining difference.
AED 2.3M to AED 3.1M: Two Bedroom Options
Two apartment types are available. Two-bedroom units start at AED 2,300,000. Three-bedroom units start at AED 3,100,000.
The AED 800,000 step between the two configurations reflects the difference in bedrooms and the associated living space. At the two-bedroom starting price, buyers access the building's location and full amenity set at the project's floor price. The three-bedroom option at AED 3.1M suits families who need more room or investors targeting tenants who want a larger waterfront apartment.
Both configurations are in the same building, so they share the same island location, the same amenities, and the same January 2029 handover date.
Getting In for 5%
The down payment is 5%, which is the payment required at signing.
| Phase | Payment |
|---|---|
| Down payment | 5% |
| During construction | 15% |
| Handover | 80% |
On a two-bedroom at AED 2.3M, the 5% comes to AED 115,000 at signing. The 15% during construction adds up to AED 345,000 spread across the two-and-a-half-year build. The remaining AED 1,840,000 is due at handover in January 2029. This structure keeps the immediate cash requirement low. The financial weight of the purchase sits at the back end, concentrated at the point of delivery.
Amenities Suited to Full-Time Residents
| Category | Amenities |
|---|---|
| Fitness & Leisure | Gymnasium, Indoor Swimming Pool |
| Outdoor | Landscaped Gardens, Children's Play Area |
| On-Site | Restaurants, CCTV Security |
The indoor pool is the most functional item in this set. Dubai temperatures from June through September make outdoor pools considerably less useful. An indoor facility is usable throughout the year without that seasonal limitation. That matters more in a residential development than in a short-stay context, where tenants or owners will rely on it daily rather than occasionally.
The gym, landscaped gardens, and children's play area point toward a resident profile of families and working professionals who expect to use the building's facilities regularly. On-site restaurants add day-to-day convenience, reducing the need to leave the building for meals.
2.5 Years Until January 2029
Construction started on 8 July 2026. Handover is projected for 1 January 2029, a window of approximately two and a half years. Buyers entering now are joining at the very opening of the construction cycle.
The 5% down payment limits the immediate financial commitment. The 15% construction tranche is due across the build period. The remaining 80% is due at handover. For the two-bedroom entry price of AED 2.3M, the buyer's total cash outlay between now and the building's completion is AED 460,000, with the balance due at handover when the unit is ready.