Location: Dubai Maritime City (Waterfront district offering panoramic sea views and excellent connectivity to Port Rashid, Jumeirah, and Downtown Dubai)
Commercial Retail
Oceanz Retail
Property
Oceanz by Danube
Project Overview
Luxury twin-tower residential development
G + 6 Podium Levels + 50 Floors
Structure: Twin-tower development, 51 floors total including 6 podium levels for parking and amenities; 44 residential floors.
Towers: Twin-tower development (Oceanz 1 & 2); future expansion may include a third tower.
Total Units: 1,250 residences + a few ground-floor retail stores
Residential Configuration: Studio, 1, 2 & 3 Bedroom apartments
Retail Spaces:
- Retail Unit 1: 2,333.18 sq. ft. – AED 11,666,000
- Retail Unit 2: 2,565.90 sq. ft. – AED 12,830,000
- Retail Unit 3: 3,939.70 sq. ft. – AED 19,698,000
- Retail Unit 4: 4,238.61 sq. ft. – AED 21,193,000
- Retail Unit 5: 1,393.28 sq. ft. – AED 5,573,000
- Retail Unit 7: 1,979.27 sq. ft. – AED 7,917,000
Parking: Allocated podium parking for residents
Ownership: Freehold
Retail Overview:
- Starting Prices: AED 5,000 PSF *******CONTACT US FOR SPECIAL NEGOTIATED PRICE
- Down Payment: 10%
- Retail Unit Sizes: From 1,393.28 sq. ft. to 4,238.61 sq. ft.
- Payment Plan: 65/35 – 10% down payment, 54% during construction, 1% on handover, 35% post-handover over 36 months (1% monthly post-handover)
- Handover: Q1 2027
Amenities
- Interiors by Tonino Lamborghini Casa
- Infinity pool, aquatic gym, and floating cinema
- Sky jacuzzi and sunset deck with sea views
- Smart, energy-efficient residential units
- Dedicated office spaces and private pools in select units
- Fitness center, paddle tennis, cricket pitch, basketball court
- Daycare center, kids play areas, jogging track, BBQ zones
- Business center, spa & therapy facilities, doctor on call
- Café lounge, indoor/outdoor cinemas, library and more
- 10-year Golden Visa (subject to approval)
Views
- Panoramic 360° sea views over the Arabian Gulf
- Vistas of Port Rashid, Dubai Islands, and Jumeirah coastline
Driving Distances
- Port Rashid Boat Station – 2 min
- Dubai Cruise Terminal – 3 min
- Meena Bazar – 6 min
- Jumeirah Beach – 8 min
- Dubai Frame – 10 min
- Burj Khalifa – 11 min
- Dubai International Airport – 15 min
Illustrative model
Scenario modeller
Set your own assumptions and see how Oceanz Retail behaves as a cash purchase, the same purchase mortgaged, or a capital-only resale.
Nothing to calculate yet
Enter the asking price to run the model.
Every figure recalculates as you type. Use the price you are actually considering.
How each figure is calculated
- Handover
- The date the unit is handed over, set in quarters from purchase. Gross rent, the vacancy allowance, maintenance and management, and the service charge all start there and not before — an unbuilt unit cannot be let and is not billed. The year handover falls in gets the exact fraction it is entitled to, not a rounded whole year. Capital growth is not treated this way: it compounds from today across the whole hold, because an off-plan unit can be sold before it completes. Where the holding period ends before handover, there is no operating income anywhere in the schedule and the whole return is capital movement less costs.
- Gross yield
- Gross annual rent ÷ purchase price. Before every cost. Where handover is in the future this is a stabilised full year from handover — a rate on the price, not a figure reduced by the construction period. The schedule shows what each year actually books.
- Net yield
- (Rent collected after the vacancy allowance − maintenance and management − service charge) ÷ purchase price. Stabilised on the same basis as the gross yield.
- Rent growth
- Compound annual movement in gross rent, applied from handover and stepping at each anniversary of it, which is when a tenancy renews. It may be negative. It does not touch the service charge, which is held flat in nominal terms.
- ROI
- Total profit over the whole hold ÷ total cash invested (price + all acquisition costs). Unlevered. Not an annual rate.
- ROE
- Total profit over the whole hold ÷ equity contributed (deposit + all acquisition and finance costs), after debt service. Levered. Not an annual rate.
- Cash-on-cash return
- Year-one operating cash flow, after debt service where there is a mortgage, ÷ cash invested. Reported separately from ROI/ROE and never merged with it. Year one means the first year of the schedule as it stands: where that year falls before handover it carries no rent, so on a mortgaged off-plan purchase the figure is negative — that is the year you fund out of pocket, and it is shown rather than smoothed away.
- IRR
- The annualised rate that discounts the dated cash-flow schedule above to a net present value of zero, solved numerically. Where the schedule has no sign change, or the solver does not converge on a single meaningful rate, we print “—” rather than substitute a simpler annualised-return figure.
An illustrative model, not a forecast, a valuation, an offer or investment advice. Every figure is generated from the assumptions on this page — some yours, the rest stated defaults, not promises. Rents, service charges, fees, vacancy, handover dates, financing terms and sale prices vary by unit and over time; past prices are not a guide to future prices. Returns are not guaranteed and capital is at risk.
Mortgage availability, loan-to-value, rate and term are subject to lender criteria and underwriting; nothing here indicates that finance will be offered. Figures exclude any tax payable in your country of residence — take independent financial, tax and legal advice before committing. Mitchell’s Realty is a trading brand; the RERA-licensed entity is The Luxury Real Estate Brokers LLC.