Oceanz by Danube: Dubai Maritime City Towers, Plan and Rules

This page describes Oceanz by Danube, a residential development in Dubai Maritime City, using the developer’s project pages, two Gulf News launch reports, Property Finder’s project pages, and Dubai government legislation and service pages. Per our listing page, as of 28 October 2026, apartments are listed from $326,800 (about AED 1,200,173 at the pegged rate of 3.6725), with sizes of 400 to 1,928 sq ft, a completion year of 2027 and the listing ID DXB-1015. The developer’s own project page gives the starting price as AED 1,200,000 ($326,753).

The sections below explain which Oceanz phase the figures belong to, what each source says about floors and unit counts, how the unit types are sized, what the payment plan wording means in arithmetic, and which rules apply when a buyer purchases an under-construction unit in Dubai. Every price, fee and rule carries the date it was read. Worked examples use a hypothetical unit price and are labelled as illustrations, not as offers.

Which Oceanz by Danube project this listing describes

Danube Properties uses the name Oceanz for a development in Dubai Maritime City that appears in several forms online. The developer’s website carries three project pages with the same specification table: one headed Oceanz by Danube, one headed Oceanz 2 by Danube and one headed Oceanz 3 by Danube. Each of them gives a starting price of AED 1.2 million, a completion target of Q1 2027, a “30/70” payment plan label, 1,705 apartments, and the same list of 36 amenities. The developer’s English menu names one ongoing project as OCEANZ 3.

Property Finder, a property portal, files the project under two phase names. Its page for Oceanz Phase 2 shows sales starting on 1 August 2023 and a payment plan of 10/35/50/5, and its page for Oceanz Phase 3 shows sales starting on 1 November 2023 and a plan labelled 65/35. Both portal pages list freehold ownership, a 4% government fee and a delivery date of March 2027. The unit-size ranges on our listing page, 400 to 1,928 sq ft, match the ranges that Property Finder gives for the Phase 2 page: studios of 400 to 615 sq ft, one-bedroom units of 718 to 917 sq ft, two-bedroom units of 1,185 to 1,282 sq ft and three-bedroom units of 1,804 to 1,928 sq ft.

The Gulf News launch reports of September 2023 describe the original announcement of Oceanz by Danube, with a development value above AED 2.5 billion, in Dubai Maritime City next to the Shindagha heritage village. Because the sources use different names for what may be the same building or neighbouring phases, each figure below is attributed to the page and date it comes from, and the sections that follow keep the figures separate instead of merging them into one specification.

The developer behind Oceanz by Danube

Danube Properties is the real estate arm of Danube Group, which the developer says was founded in 1993 by Rizwan Sajan. On its website in October 2026 the developer states that it has launched 32 projects, delivered 16 of them, and has 16 under construction, with construction spanning more than 25.5 million sq ft. These are the developer’s own figures.

The developer names its buildings with a “z” ending, such as Petalz, Wavez and Elitz, and markets a payment plan built around 1% monthly instalments. Our Danube Properties developer profile lists the projects with their communities and statuses, and the wider Dubai developer directory places Danube next to the other profiled developers. A general background article, Danube property in Dubai, covers the company history and its plan structure. For other Danube buildings with a similar plan label, see the listings for Petalz by Danube in Al Warsan and Wavez by Danube in Liwan.

Dubai Maritime City and the ownership category

Dubai Maritime City was established by Law No. 11 of 2007, which created a city of that name within boundaries shown on a plan attached to the law, and created the Dubai Maritime City Authority (DMCA) to manage it. The law places the authority under the Ports, Customs and Free Zone Corporation and lists its objectives, which include navigation services, registration of ships and yachts, ship and yacht design and building, maritime tourism, and maritime arbitration. Article 5 of the law gives the authority the power to own, sell, lease and mortgage land and facilities, and to build and manage infrastructure and buildings on its land. Article 11 allows it to outsource the management of operations on its land to one or more operators.

The law itself is a maritime-sector law and does not contain a list of residential freehold plots. Property ownership by foreigners in Dubai is set by other instruments. The Dubai Land Department (DLD) publication “Know Your Rights for Real Estate Investors in Dubai” explains that Law No. 7 of 2006 gives foreign nationals the right to own freehold interests, and usufruct and lease rights of up to 99 years, within areas designated for foreign ownership by the Ruler of Dubai, and that Regulation No. 3 of 2006 and later regulations identify those designated areas. The same publication refers readers to the DLD for the location and boundaries of the areas.

For Oceanz by Danube, the listing page and Property Finder describe the ownership type as freehold, and Property Finder shows a 4% government fee. The developer’s own project pages do not state the tenure. The title category of a specific unit is recorded in the sale and purchase agreement and in the provisional registration that follows it, so the document, not the marketing page, is where the category is fixed. Our guide to freehold and leasehold in Dubai explains what each category means for a foreign buyer, and the United Arab Emirates property section collects the other emirate-level pages.

Floors, towers and unit counts for Oceanz by Danube

The sources give different building figures because they describe the project at different dates and in different words. Gulf News reported on 15 September 2023 that the building would rise 51 floors above ground, including a six-level podium for parking and community facilities and 44 residential floors, with 1,250 residential units (studios and one-, two- and three-bedroom apartments) plus a few retail stores. A Gulf News follow-up dated 18 September 2023 said the project has two towers and that tower one, with more than 500 units, had sold out at the launch event.

The developer’s project pages, read on 28 October 2026, give 1,705 apartments and list unit types of studio, one-, two-, three- and four-bedroom apartments and a four-bedroom “Oceanic Villa”, while the FAQ on the same pages mentions studios, one- to three-bedroom apartments and a limited collection of Oceanic Villas. The pages do not state a number of floors or towers. Property Finder’s Phase 2 page describes a 50-storey development and lists one building, while its description mentions twin towers joined by lobbies on the upper floors. The difference between 1,250 and 1,705 is 455 units; none of the pages explains how the two counts relate, so this page quotes each with its date.

For a buyer, the practical point is that the unit count and floor count of the specific tower in the sale and purchase agreement are the figures that apply to that purchase. Dubai REST, the DLD’s app, shows the project registration, the construction progress and the escrow account number for off-plan projects, which is the place to match a unit to its registered project; the process is described in the section on registration below.

Unit types, layouts and sizes

Property Finder’s Phase 2 page lists named layouts with their areas, and these are the most detailed unit-level figures available for the 400 to 1,928 sq ft range shown on our listing. The areas below are in square feet as shown by the portal, with square metres calculated at 0.092903 square metres per square foot. The portal marks the developer’s own stock as out of stock for every unit type and shows 82 resale properties in the project as of 28 October 2026.

Two of the layout names, “Garden” and “Presidential”, are the portal’s labels for particular plan types and carry no regulatory meaning. The developer’s pages add four-bedroom apartments and the Oceanic Villa to the list of types but give no areas for them, so the table above is limited to the types where an area is shown. Under Article 12 of Law No. 13 of 2008, the area of a sold unit is deemed correct; if the area increases after delivery the developer may not claim extra price, and if it decreases the developer must compensate the buyer unless the decrease is inconsequential. That rule is the reason the area stated in the agreement matters more than the brochure range.

Interiors, amenities and travel times

Gulf News reported in September 2023 that Oceanz by Danube has Italian interiors and furnishings by Tonino Lamborghini Casa. The developer’s project pages do not name a designer or list finishes; their gallery is divided into bedroom, exterior, lift, lobby, toilet and views images and a virtual tour link. Because the designer attribution rests on the launch report, the scope of what is supplied in each unit, such as which furniture items or fittings are included, is a matter for the sale and purchase agreement and its appendices.

The developer’s pages state “35+ amenities” and list 36 by name. They are grouped below for reading; the grouping is ours and the names are the developer’s. The FAQ on the same pages also mentions a floating cinema and spa facilities, which do not appear in the list. The Gulf News report of 15 September 2023 mentioned more than 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, a doctor on call and a nanny on board.

The developer’s page gives six travel times from the project, expressed in minutes. As a cross-check, a free-flow driving estimate was calculated on 28 October 2026 from OpenStreetMap data with the OSRM routing engine, starting from the centre point that OpenStreetMap’s Nominatim search returns for Dubai Maritime City (25.2496 N, 55.2762 E). That point is the centre of the district, not the building entrance, and the estimate assumes no traffic, so the figures are indications of distance and not predictions of journey time.

The estimates fall within about two minutes of the developer’s figures for the four destinations where both exist. The developer does not state the mode of transport or the time of day for its figures.

Prices and payment plans for Oceanz by Danube

Our listing page shows “Starting from $326,800” for the apartments, which converts to about AED 1,200,173 and matches the developer’s statement of AED 1,200,000 for apartments ($326,753). The Gulf News report of 15 September 2023 said studios started from AED 1.1 million at the launch. Property Finder’s Phase 2 page, read on 28 October 2026, shows “from” prices by type: studios from AED 1.1 million ($299,523), one-bedroom units from AED 1.8 million ($490,129), two-bedroom units from AED 2.6 million ($707,965) and three-bedroom units from AED 4.1 million ($1,116,406). The same page marks the developer’s stock as sold out, so units offered now are likely to be resales, whose prices are set by the sellers.

Property Finder also displays recorded transactions for the project. The table below reproduces the four entries shown on 28 October 2026 with the price per square foot calculated from them. These are single transactions, not an index or an average.

Payment-plan wording differs between sources, and a plan must add up to 100% of the price. The table sets out each version as the source words it, with the arithmetic check. The developer’s page for the 1% plan describes a down payment of around 20%, a monthly payment of 1%, and the balance collected when the building is ready; it does not state the number of monthly instalments, the base on which the 1% is calculated, or a handover percentage. The Gulf News launch report described the plan as a 1 percent monthly plan following the initial deposits. Which schedule applies to a given unit is set in the sale and purchase agreement and the provisional registration, not in these summaries.

The following illustration uses a hypothetical unit priced at AED 1,200,000 ($326,753), which is the developer’s starting figure used here only as a round number. It is not an offer, and no unit is implied. Under the “30/70” label, 30% is AED 360,000 ($98,026) and 70% is AED 840,000 ($228,727). Under the Property Finder Phase 2 schedule the four payments are AED 120,000 ($32,675), AED 420,000 ($114,364), AED 600,000 ($163,376) and AED 60,000 ($16,338).

For the 1% plan, the illustration assumes that “1%” means 1% of the unit price (AED 12,000, or $3,268, a month) and that the down payment is exactly 20% (AED 240,000, or $65,351), because the developer’s page does not state either figure precisely. The table shows what has been paid after a given number of months and what remains for the completion payment.

The table shows that the share left for completion depends entirely on how many months of instalments remain before handover. With a completion target of Q1 2027 and a date of 28 October 2026, a buyer signing today would have only a few monthly payments before the target date, so the balance at completion would be a large share of the price. For the effect of a low upfront payment on the total cost and on financing, see our guide to buying property in Dubai without a down payment.

Buying an under-construction unit: registration, escrow and fees

Dubai’s off-plan rules are set by a small group of laws. Law No. 13 of 2008, as amended, requires every disposition of an off-plan unit, including a sale, to be entered in the Interim Property Register kept by the DLD; Article 3 says a sale or other disposition that transfers or restricts ownership is void unless it is entered there. Article 4 prevents a developer from starting a project or selling off-plan before it holds the land and the required approvals, and Article 10 makes a private off-plan sale contract void if it is signed before the project is approved. The DLD’s Dubai REST service page says the app shows off-plan buyers the construction progress, current project photographs and the escrow account number of the project.

The registration is done through the DLD’s Oqood system, in which the developer registers the unit in the provisional register. The DLD service page for registering the initial sale says the contract must be signed by the developer and the purchaser and registered in the provisional register within 90 days of signing, that an individual buyer provides the sale and purchase contract and a valid UAE ID (or a passport for a non-resident), and that the output is a provisional registration e-certificate sent to the purchaser by email. Payment is made through the Noqodi wallet or by deduction from the escrow account.

The escrow rules come from Law No. 8 of 2007. Under it, a developer selling off-plan must apply to the DLD to open an escrow account for the project (Article 6), the payments of off-plan buyers and project financiers are deposited in that account (Article 7), and the account is “dedicated exclusively to the construction” of that project, with no attachment for the developer’s creditors (Article 9). Each project needs its own account. If a developer mortgages the project to a lender, the loan amount must be paid into the escrow account (Article 13). After the completion certificate, the escrow agent retains 5% of the account value and releases it to the developer one year after the units are registered in the purchasers’ names (Article 14). In an emergency where the project cannot be completed, the escrow agent must, after consulting the DLD, act to preserve depositors’ rights and ensure completion or refunds (Article 15). Article 17 provides that a developer is struck off the register if it fails without an acceptable reason to start construction within six months of receiving permission to sell off-plan.

The DLD publication “Know Your Rights” lists the checks it advises before signing an off-plan agreement: whether the project is registered with the Real Estate Regulatory Agency (RERA), the escrow account number and the name of the escrow agent, the percentage of completion and expected completion date, whether the developer is registered with RERA and owns or has a development agreement for the land, and whether the developer holds the permits to sell off-plan. The DLD also offers a service for checking real estate licences and permits issued through the Trakheesi system. For the full set of buyer protections, see our buyer-protection guide for Dubai and the longer off-plan buyer’s guide.

The fees that the DLD lists for the registration are shown below, applied to the hypothetical AED 1,200,000 unit. The DLD’s sale registration page gives the registration fee as 4% of the sale value split equally between the seller and the buyer, and the initial-sale page lists 2% for the seller and 2% for the purchaser plus a AED 10 knowledge fee and a AED 10 innovation fee. The sale and purchase agreement can allocate the cost differently between the parties, so the figures show the DLD’s default split.

The registration page does not say who pays the fixed fees and the service-partner fee, so the table lists them without an allocation. For the tax side of ownership, see the guide to property tax, fees and VAT in Dubai.

Mortgage rules for an off-plan unit

The Central Bank of the UAE (CBUAE) sets mortgage limits in its Regulations Regarding Mortgage Loans (Circular 31/2013, effective 28 December 2013 and amended by Board resolutions in 2019 and 2020). The rulebook, read on 28 October 2026, sets the maximum loan-to-value (LTV) for property purchased off plan at 50% “regardless of purpose, value, or category of purchaser”, giving the long development period and the higher risk to completion as the reason. For completed property, the rulebook lists higher limits: expatriate first homes below AED 5 million at 80%, expatriate first homes above AED 5 million at 70%, and second or investment homes at 60%. The maximum loan tenor is 25 years, the debt burden ratio is capped at 50% of gross income, and the maximum financing amount for an expatriate is up to seven years of annual income.

The DLD publication adds that only banks and financial institutions licensed by the Central Bank may provide mortgage finance, that a mortgage over an off-plan unit is registered in the Interim Property Register, and that the registration is void without it. The DLD’s mortgage registration page says that for provisional (Oqood) units the developer’s no-objection e-certificate is obtained through the Dubai REST app and that the service-partner fee for provisional registrations is AED 5,000 plus VAT. For the bank-by-bank process, see our mortgage guide for foreigners in Dubai.

Delays, defaults and handover under Dubai law

The legislation text deals with several distinct situations, and it is useful to separate them. The first is a buyer’s default. Article 11 of Law No. 13 of 2008 was replaced by Law No. 9 of 2009 and then by Law No. 19 of 2020. Under the current text, the developer must notify the DLD, the DLD serves a 30-day notice on the purchaser and may mediate a settlement, and if the purchaser still does not perform, the DLD issues a document that records the project’s percentage of completion as calculated under RERA’s standards. The developer’s options then depend on that percentage, as the table shows. In each termination case the developer must refund any excess within one year of termination or within 60 days of reselling the unit, whichever is earlier. The text adds that the purchaser keeps the right to go to court or arbitration.

The second situation is a cancelled project. Law No. 9 of 2009 and Law No. 19 of 2020 both provide that RERA may, on a reasoned report, decide to revoke a real estate development project, in which case the developer must return all payments received from purchasers under the procedure in the escrow law. Law No. 8 of 2007, Article 15, adds the escrow agent’s duty to act when a project is in an emergency. The texts of Laws No. 8 of 2007, 13 of 2008, 9 of 2009 and 19 of 2020, read for this page, set no fixed daily or monthly penalty for a late handover; the consequences of a delayed handover for a buyer are set by the sale and purchase agreement.

The third situation is handover and registration. Law No. 13 of 2008, Article 8, requires developers to enter completed projects in the Property Register once they obtain the completion certificate, and to enter sold units in the names of purchasers who have met their contractual obligations. Law No. 6 of 2019 on jointly owned real property requires the developer to file the community documents with the DLD within 60 days of the completion certificate (extendable by up to 30 days for accepted reasons), and Article 40 of that law makes the developer liable for structural defects for ten years from the completion certificate and for defective installations, such as mechanical, electrical and sanitary works, for one year from handover of the unit.

Residency routes and the property value in Oceanz by Danube

The property-based Golden Visa is tied to the value of the property, not to the project. The DLD’s investor Golden Visa page states that the property must be worth at least AED 2,000,000 at the time of purchase, fully owned by the applicant and registered in the applicant’s name, one property or several adding up to the threshold, and that a mortgaged property can qualify with a bank no-objection letter showing the amount paid and the balance. The page lists a 10-year permit, a total government fee of AED 9,884.75 for the investor (made up of medical, Emirates ID, residency confirmation, DLD and administrative fees) and says the applicant must attend in person. The DLD page does not mention off-plan units. The Federal Authority for Identity, Citizenship, Customs and Port Security (ICP) states on its Golden Residency page that an applicant who has purchased one or more off-plan units with a total value of at least AED 2,000,000 from an approved local real estate company can apply. Our Dubai Golden Visa guide, checked on 24 October 2026, states the same AED 2,000,000 ($544,588) threshold and compares the wording of the three authorities.

Measured against that threshold, the starting price on our listing page is below it. AED 1,200,173 is 60% of AED 2,000,000, and the gap is about AED 800,000 ($217,835). The portal’s recorded one-bedroom transaction of AED 2,036,000 ($554,391) in July 2026 is above the threshold, as are the two-bedroom and three-bedroom transactions in the table above. Whether a given unit qualifies depends on the price in its own agreement and on the authority’s assessment at the time of application; nothing in this page grants or promises a residence permit.

The last row follows the ICP wording, which refers to a total value across one or more off-plan units; the DLD page uses a similar wording for properties “totalling” the threshold. Whether combined units are accepted in a particular application is decided by the authority.

Frequently Asked Questions

Which building does Oceanz by Danube refer to?

The name appears for a development in Dubai Maritime City that Danube Properties announced in September 2023. The developer’s website has pages headed Oceanz by Danube, Oceanz 2 by Danube and Oceanz 3 by Danube with the same specification table, and Property Finder lists Phase 2 and Phase 3 pages. The listing here carries the size ranges that Property Finder shows for Phase 2.

How many floors and units does Oceanz by Danube have?

Gulf News reported on 15 September 2023 that the building has 51 floors, including a six-level podium and 44 residential floors, with about 1,250 residential units; on 18 September 2023 it reported two towers with 500+ units in tower one. The developer’s pages, read on 28 October 2026, give 1,705 apartments.

When is completion targeted?

For Oceanz by Danube, the developer’s pages give Q1 2027, the Gulf News reports of September 2023 gave the same quarter, and Property Finder shows March 2027. A completion date set by the developer is a target; the date that binds a buyer is the one in the sale and purchase agreement.

What does the 1% payment plan mean for Oceanz by Danube?

For Oceanz by Danube, Danube’s 1% plan page describes a down payment of around 20%, a monthly payment of 1%, and the balance collected when the building is ready. The project pages carry a “30/70” label and link to that page. The worked table above shows the arithmetic for a hypothetical AED 1,200,000 unit.

Who designed the interiors?

Gulf News reported on 15 September 2023 that Oceanz by Danube has interiors and furnishings by Tonino Lamborghini Casa. The developer’s project pages do not name a designer or list finishes, so the contents of each unit are defined by the agreement.

Is the ownership freehold?

The listing page for Oceanz by Danube and Property Finder state freehold. The DLD publication says foreign nationals can hold freehold interests in areas designated by the Ruler of Dubai, and the title category of a unit is recorded in its agreement and registration.

What is Oqood and who registers it?

Oqood is the DLD’s system for registering off-plan sales in the provisional register. The developer registers the contract, signed by developer and purchaser, within 90 days of signing, and the purchaser receives a provisional registration e-certificate by email.

How much of the price can a bank finance for an off-plan unit?

For a unit in Oceanz by Danube, the CBUAE rulebook sets a 50% maximum loan-to-value for property purchased off plan, whatever the buyer’s category. On a hypothetical AED 1,200,000 unit that is up to AED 600,000, with the remaining AED 600,000 coming from the buyer’s own funds.

Does the starting price reach the Golden Visa threshold?

No. The Oceanz by Danube listing start price of about AED 1,200,173 is 60% of the AED 2,000,000 threshold stated by the DLD and ICP. Units priced at or above AED 2,000,000 in their agreements, or several units totalling that value under the ICP wording, are measured against it by the authority.

What do the laws say if a project is cancelled?

Under Law No. 9 of 2009 and Law No. 19 of 2020, RERA may revoke a project on a reasoned report, and the developer must return all payments received from purchasers under the escrow law procedure. Payments sit in a project escrow account that is dedicated to construction and protected from the developer’s creditors.

Last checked: 28 October 2026. Sources: Danube Properties, Oceanz, Oceanz 2, Oceanz 3, Danube 1% payment plan, Danube Properties home page, Gulf News, 15 September 2023, Gulf News, 18 September 2023, Property Finder, Oceanz Phase 2, Property Finder, Oceanz Phase 3, DLD, Know Your Rights, DLD, initial sale registration, DLD, sale registration fees, DLD, mortgage registration, DLD, Dubai REST, DLD, licence and permit validation, DLD, investor Golden Visa, ICP, Golden Residency, CBUAE, mortgage regulations, Law No. 8 of 2007, Law No. 13 of 2008, Law No. 9 of 2009, Law No. 19 of 2020, Law No. 6 of 2019, Law No. 11 of 2007, OSRM routing, OpenStreetMap.