Tower One of Danube’s Oceanz’s Sells Out

Located in Dubai’s Maritime City, Oceanz offers expansive views of the Arabian Gulf

September 19, 2023 | Staff Reporter | UAE | Developers

Tower One of Danube’s Oceanz’s Sells Out

Dubai-based developer Danube Properties has achieved a significant milestone with the successful sell-out of one of the two towers in its latest project, Oceanz. 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. Tower one of Oceanz, featuring over 500 units, has been completely sold out.

“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 brochure by key figures, including Rizwan Sajan, Muhammad Ibrahim, Director of Sales and Property Management at Dubai Maritime City, and other distinguished guests. “We launch, sell out, develop, and hand over projects on time and quality,” Sajan added.

Oceanz, located in Dubai Maritime City, boasts breath-taking 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% monthly payment plan, Oceanz provides an attractive proposition for both home buyers and investors.

Danube Properties follows the 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’ fifth 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.

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