AED  |  Sqft

Danube Properties' Oceanz project achieved a full sell-out of its tower during its launch.

Amid sustained high demand from residents and foreign investors for Dubai real estate, Danube Properties' latest project, Oceanz, valued at Dh2.5 billion, achieved full occupancy in one of its two towers upon its launch.

The tower comprises over 500 flats, reflecting the robust demand in the market. Rizwan Sajan, the founder and chairman of Danube Group, emphasized the significance of trust in real estate, highlighting how the sell-out of Oceanz units during the launch reflects increasing confidence in Danube Properties. He attributed this success to their customer-centric approach and the timely and quality delivery of projects, which allows buyers and investors to save on rent while paying their monthly installments.

Danube chairman highlighted the prime location of Oceanz, situated in DMC, which promises higher rental returns and potential price appreciation.

When completed in the first quarter of 2027, Oceanz will stand tall with 51 floors, offering a six-level podium with parking and community amenities, 44 floors dedicated to residential units, and a total of 1,250 residential units, ranging from studios to 1-bedroom, 2-bedroom, and 3-bedroom apartments, along with some retail outlets.

Danube Properties has been committed to delivering on its promises, with projects like Wavez, Jewelz, and Olivz set to be completed this year. Many of the projects initiated in 2022 and 2023 have been completed ahead of schedule, with the August 2023 launch of the Elitz 3 project also achieving full occupancy recently.

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