Distress Property, Under Construction

DISTRESS DEAL | Oceanz 1 by Danube | 1BR Maritime City | AED 223K Below OP | Full Sea View

Ref: OZ1-MC-1BR-001

Danube Properties

Maritime City, United Arab Emirates

Bedrooms

1

Down Payment

On Request

Handover Date

Q1-2027
aed 1,880,000
Request_call
Description
  • 1-Bedroom + Danube Properties + Dubai Maritime City + Dubai
  • 815 sq ft BUA + 1 parking space
  • AED 1,880,000 (was AED 2,103,000) — Save AED 223,000 (10.6%)
  • Transferable payment plan + 30% post-handover + Q1 2027 handover
  • Full sea view, high floor (36–43), fully furnished

What is this Oceanz 1 1BR deal in Dubai Maritime City?

This is an investor exit at AED 223,000 below original price at Oceanz 1 by Danube — a 50-storey waterfront tower in Dubai Maritime City featuring studios to 3-bedroom apartments with panoramic sea views. The 1BR Oceanz 1 Dubai Maritime City for sale represents an opportunity to acquire a fully furnished, high-floor unit with unobstructed sea views at a discount to launch pricing in one of Dubai’s emerging waterfront communities.

The unit is a 1-bedroom configuration spanning 815 sq ft on floors 36–43, the premium high-zone where Oceanz 1’s best views are maximized. These floors command full sea views extending across the Arabian Gulf toward the horizon. The fully furnished specification includes Danube’s signature interior package with quality furniture, appliances, and fittings — a turnkey solution for investors seeking rental-ready units. With handover scheduled for Q1 2027, the buyer benefits from a near-term completion timeline and the flexibility of Danube’s 30% post-handover payment option.

Dubai Maritime City is a 2.27 million sq m waterfront development positioned between Dubai Creek and the Arabian Gulf. The master plan includes residential, commercial, and maritime industry zones with direct sea access and waterfront promenades. For investors seeking waterfront exposure at a discount to established areas like Dubai Marina, Maritime City represents an emerging opportunity with strong growth potential as infrastructure and amenities mature.

Oceanz 1 Dubai Maritime City — Property Specifications

  • Asking Price: AED 1,880,000
  • Original Developer Price: AED 2,103,000
  • Discount: AED 223,000 (10.6% below OP)
  • Price Per Sq Ft: AED 2,301
  • Property Type: 1-Bedroom Apartment
  • Developer: Danube Properties
  • Project: Oceanz 1
  • Community: Dubai Maritime City
  • Unit Size: 815 sq ft
  • Bedrooms: 1
  • Bathrooms: 2
  • Parking: 1 Space
  • Floor: High Floor (36–43)
  • View: Full Sea View
  • Furnishing: Fully Furnished
  • Handover Date: Q1 2027
  • Ownership: Freehold
  • Payment Status: Transferable with 30% Post-Handover
  • DLD Transfer Fee: 4% of Sale Price
  • Service Charge (Est.): AED 18–22/sqft/year
  • Listing Reference: OZ1-MC-1BR-001

Payment Plan — What the Buyer Steps Into

  • Original Price: AED 2,103,000
  • Selling Price: AED 1,880,000
  • DLD Transfer Fee (4%): AED 75,200
  • Trustee / Conveyancing: ~AED 4,200
  • Agency Fee (2% + VAT): ~AED 39,480
  • Total Indicative All-In Cost: ~AED 1,998,880

Danube Properties offers investor-friendly payment structures with a 70/30 split: 70% during construction and 30% post-handover over an extended period. This structure reduces immediate capital requirements and aligns buyer cash flow with rental income generation after handover. The transfer process is handled through Danube’s resale department with typical NOC processing within 5–7 working days.

Pricing Analysis — Why This Is a Deal in 2026

  • Original Price vs Selling Price: AED 223,000 discount
  • Discount Percentage: 10.6% below OP
  • Price/Sqft: AED 2,301 vs Dubai waterfront average AED 2,500–3,500/sqft
  • Comparable Range: Similar 1BR units in established waterfront areas trade at AED 2.0M–2.5M
  • Estimated Rental Yield: 7–8% gross based on projected annual rent of AED 130,000–150,000

The Dubai waterfront investment thesis remains compelling in 2026. Properties with unobstructed sea views command consistent premiums and experience stronger rental demand compared to land-locked alternatives. Dubai Maritime City, while less established than Dubai Marina, offers significant growth potential as infrastructure matures and the area connects to the broader Dubai Creek Harbour development. The combination of below-OP pricing, fully furnished specification, and high-floor sea views creates a compelling value proposition for investors seeking waterfront exposure.

Dubai Maritime City — Location and Why It Matters

Dubai Maritime City is a waterfront development positioned on a peninsula between Dubai Creek and the Arabian Gulf. The master plan encompasses residential towers, commercial facilities, a maritime center of excellence, and direct sea access for residents. The location provides proximity to Dubai Creek Harbour, Dubai Festival City, and the emerging cultural district around the Creek, while remaining within 10 km of Downtown Dubai and DIFC.

For investors, Maritime City represents an emerging waterfront opportunity with pricing below established areas like Dubai Marina and JBR. As infrastructure develops and the community matures, property values are expected to appreciate toward parity with comparable waterfront districts. The area’s industrial maritime heritage creates a unique identity distinct from purely residential waterfront communities.

Oceanz 1 specifically benefits from its position on the seaward side of the Maritime City peninsula, ensuring that high-floor units enjoy unobstructed views without future obstruction risk. The tower’s design emphasizes outdoor living with balconies, terraces, and comprehensive amenities that maximize the waterfront setting.

Dubai Maritime City — Distances and Connectivity

  • Dubai Creek Harbour: 3.0 km / 5 minutes drive
  • Dubai Festival City Mall: 5.0 km / 8 minutes drive
  • La Mer Beach: 6.0 km / 10 minutes drive
  • Dubai International Airport (DXB): 8.0 km / 10 minutes drive
  • Al Maktoum International Airport (DWC): 55.0 km / 45 minutes drive
  • Dubai Mall / Downtown: 10.0 km / 12 minutes drive
  • DIFC: 9.0 km / 11 minutes drive
  • Dubai Marina: 20.0 km / 22 minutes drive
  • Mediclinic City Hospital: 4.0 km / 7 minutes drive
  • Swiss International Scientific School: 5.0 km / 8 minutes drive

Oceanz 1 — Building Amenities

  • 24-hour concierge and front desk service
  • 24×7 security with advanced surveillance systems
  • Infinity swimming pool with sea views
  • Temperature-controlled indoor pool
  • Fully equipped fitness center
  • Spa, sauna, and steam rooms
  • Jacuzzi and relaxation lounges
  • Children’s swimming pool and play areas
  • Floating cinema and entertainment deck
  • BBQ areas and outdoor dining spaces
  • Multi-purpose hall and function rooms
  • High-speed elevator system

Who Should Buy This Oceanz 1 1BR in Dubai Maritime City?

  1. Waterfront value investor: This profile suits buyers seeking waterfront exposure at a discount to established areas. The combination of below-OP pricing, high-floor sea views, and fully furnished specification creates a turnkey investment in an emerging waterfront community with appreciation potential as infrastructure matures.
  2. Rental yield focused buyer: With estimated rental yields of 7–8% and the flexibility of a 30% post-handover payment, this unit offers strong cash flow potential. The fully furnished specification simplifies rental management and attracts tenants seeking immediate move-in readiness without furnishing costs.
  3. Holiday home operator: 1-bedroom units with full sea views are highly desirable for short-stay rentals. The proximity to Dubai Creek Harbour, Festival City, and the airport makes this an attractive option for tourists and business travelers. An operator could achieve AED 800–1,100 per night during peak seasons.

How to Acquire This Unit — Step by Step

  1. Contact DistressPropertyFinder.com via WhatsApp with listing reference OZ1-MC-1BR-001.
  2. Review the original Sales Purchase Agreement (SPA) and payment schedule.
  3. Verify the payment status directly with Danube’s resale department.
  4. Sign a Memorandum of Understanding (MOU) and pay a 10% deposit to the escrow account.
  5. Submit NOC application to Danube — processing typically takes 5–7 working days.
  6. Prepare final payment including DLD transfer fee (4%) and trustee fees (~AED 4,200).
  7. Attend DLD transfer appointment at the Trustee Office; receive new title deed.
  8. Complete developer registration and assume remaining payment obligations.

For assistance with this or any other distress property in Dubai, contact DistressPropertyFinder.com — your partner for verified below-market deals across the UAE.

Frequently Asked Questions — Oceanz 1 Distress Sale

Is this property priced below the current market value?

Yes, this 1-bedroom unit is priced AED 223,000 (10.6%) below the original developer price of AED 2,103,000, representing immediate equity for the buyer at transfer.

What is the price per square foot for Oceanz 1 in Dubai Maritime City?

The price per square foot is AED 2,301, which is competitive for a waterfront 1-bedroom unit in a new development with full sea views and premium furnishing.

Is the payment plan transferable to the buyer?

Yes, the payment plan is transferable with 30% post-handover flexibility. The buyer assumes remaining payment obligations per the original Danube schedule.

What are the total acquisition costs including DLD?

Total indicative cost: AED 1,880,000 (price) + AED 75,200 (4% DLD) + AED 4,200 (trustee) + AED 39,480 (2% agency + VAT) = approximately AED 1,998,880 all-in.

What rental yield can I expect from this unit?

Waterfront 1-bedroom units in emerging Dubai communities typically achieve 7–8% gross rental yield. Estimated annual rent of AED 130,000–150,000 would yield approximately 7–8% on purchase.

When is the handover / completion date?

The handover date is Q1 2027, approximately 10 months from now. Oceanz 1 is progressing on schedule with structural completion advancing.

Is Danube Properties a reputable developer in Dubai?

Yes, Danube Properties is an established Dubai developer with over 20 completed projects and a reputation for delivering fully furnished units with flexible payment options.

How do I proceed with buying this property through DistressPropertyFinder.com?

Contact us via WhatsApp with listing reference OZ1-MC-1BR-001. We will arrange documentation review, facilitate MOU, NOC, and DLD transfer with full transparency.

Payment_Plan

MilestonePayment%
Down_PaymentOn Request

Features

24-hour concierge service
24-hour concierge service
24x7 Security
24x7 Security
Air Conditioning
Air Conditioning
Aquatic Gym
Aquatic Gym
Balcony
Balcony
Barbeque
Barbeque
Built in Wardrobes
Built in Wardrobes
CCTV Camera
CCTV Camera
Covered Parking
Covered Parking
Elevator
Elevator
Gym
Gym
Gymnasiums
Gymnasiums
Infinity Pool
Infinity Pool
Jacuzzi
Jacuzzi
kids play area
kids play area
Kids Pool
Kids Pool
Mosques
Mosques
Outdoor cinema
Outdoor cinema
Outdoor Gym
Outdoor Gym
Panoramic indoor gymnasium
Panoramic indoor gymnasium
Parking Area
Parking Area
RESTAURANTS
RESTAURANTS
RETAIL OUTLETS
RETAIL OUTLETS
Sauna
Sauna
Smart Home system
Smart Home system
Steam Room
Steam Room
Swimming Pool
Swimming Pool
Swimming Pool In Balcony
Swimming Pool In Balcony
Temperature Controlled Swimming Pool
Temperature Controlled Swimming Pool
Well-equipped gym and training studio
Well-equipped gym and training studio

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