Dubai’s Danube Properties announces $680mn Oceanz Tower 1 ‘sold out’

The AED2.5 billion ($680 million) development garnered strong investor trust in the company’s ability to deliver quality properties.

At an exclusive launch event, investors and home buyers from around the world swiftly secured units from the newly unveiled Oceanz project.

Danube’s Oceanz Tower 1 sells out

Tower one of Oceanz, featuring over 500 units, has been completely sold out, a testament to the developer’s growing reputation for reliability.

“The sell-out of the Oceanz units at the launch event demonstrates growing public trust and investor confidence in Danube Properties, backed with our strong project implementation and delivery credentials,” Rizwan Sajan, Founder and Chairman of Danube Group said.

The launch event saw the unveiling of Oceanz’s extravagant brochure by key figures, including Rizwan Sajan, Muhammad Ibrahim, Director of Sales and Property Management at Dubai Maritime City, and other distinguished guests.

Danube Properties’ commitment to customer-focused development and timely delivery has resonated with buyers.

“We launch, sell out, develop, and hand over projects on time and quality,” Sajan said.

rizwan sajan

Oceanz, located in Dubai Maritime City, boasts breathtaking views of the Arabian Gulf and proximity to the historic Shindagha heritage village.

Scheduled for completion in the first quarter of 2027, Oceanz will comprise 1,250 residential units, including studio apartments and various-sized apartments, along with retail stores. The project also offers an array of community, health, and lifestyle amenities.

With prices starting from AED1.1 million for a studio apartment and a trend-setting 1 percent monthly payment plan, Oceanz provides an attractive proposition for both home buyers and investors.

Danube Properties follows a careful approach of launching, selling, and then constructing one project at a time. The company is on track to deliver three projects this year, including Wavez, Jewelz, and Olivz.

Oceanz represents Danube Properties’ 5th project of the year, featuring Italian interiors and luxury furnishings by Tonino Lamborghini Casa. Additionally, the apartments will be designed for sustainability, aligning with the UAE’s commitment to eco-friendly living.

Moreover, Danube Properties offers homeowners a 10-year Golden Visa, subject to government approval, particularly for those who meet the investment criteria.

Source: https://www.arabianbusiness.com/industries/real-estate/dubais-danube-properties-announces-680mn-oceanz-tower-sold-out