DAMAC Properties
Coral Reef
Dubai Maritime City, Dubai
From AED 1,700,000
- Payment plan70/30
- HandoverQ1 2028
- Units1–3 BR
Oceanz 3 is an off-plan apartments development by Danube Properties in Dubai Maritime City, with homes from AED 2,900,000 on a 65/35 payment plan and handover expected in Q1 2027. Homes at AED 2 million or more may support a 10-year UAE Golden Visa, with extra document rules for off-plan units.
Overview
Oceanz by Danube is a premium residential development by Danube Properties in Dubai Maritime City. It boasts interior designs and extravagant furnishing by Tonino Lamborghini Casa (TLC), inspired by automotive elements of the supercar brand.
The first phase of Oceanz features 2 towers, each with 53 storeys, 44 of which are residential. There is an array of exquisite fully-furnished studios, presidential suites and 1–3 bedroom apartments. On top of that, there is a limited collection of luxury Oceanic Villas available with TLC furniture. Most of the properties will have private swimming pools.
In October 2023, the developer released Oceanz 3, the third tower of the development. It houses studios, presidential suites and 2-3 bedroom apartments. The property sizes range from 429 sq. ft to 1,893 sq. ft. Please note that 2-3 bedroom units come with private swimming pools.
Details
Gallery
Payment plan
| Milestone | Share | Amount (AED)* |
|---|---|---|
| Down payment | 10% | 290,000 |
| Construction instalments | 55% | 1,595,000 |
| Handover payment | 35% | 1,015,000 |
| Total | 100% | 2,900,000 |
*Worked example on the starting price of AED 2,900,000. Instalment dates and amounts are confirmed per unit in the sales offer. DLD registration fees are payable on top (see the buying guide).
Floor plans
| Unit type | Size (sq ft) |
|---|---|
| Studio | 429 |
| Unit type | Size (sq ft) | From (AED) |
|---|---|---|
| 2 bedrooms | 1200 | 2,900,000 |
| 2 bedrooms | 1440 | 3,500,000 |
| Unit type | Size (sq ft) | From (AED) |
|---|---|---|
| 3 bedrooms | 1893 | 4,200,000 |
Location
Investment
Worked from the starting price and the stated payment plan; your unit’s figures come from the sales offer. The 4% DLD figure is DLD’s published sale-registration fee (how it is split is set in the sale agreement). Not financial advice. See the investor guide.
Developer

Sovereign Realty’s broker registration. Trade licence 1430699.
FAQ
Homes at Oceanz 3 start from AED 2,900,000 for studios. Availability and figures change with each release, so request the latest availability before you reserve.
Danube Properties offers a 65/35 payment plan: 65% during construction and 35% on handover. The Dubai Land Department registration fee of 4% is usually paid at signing, on top of the plan.
Handover is expected in Q1 2027. Completion dates can move, so check the developer's latest construction update before you plan around it.
Budget for the Dubai Land Department registration fee of 4% of the sale value, usually paid at signing, and Sovereign's brokerage fee of 2%. Any developer admin charge is set in the sale and purchase agreement for the unit.
A home with a purchase value of AED 2 million or more, held in your name, can support a 10-year Golden Visa. Off-plan units need extra documents, so read our Golden Visa guide first.
Oceanz 3 is developed by Danube Properties. See the developer page for their other projects in Dubai.
Send an enquiry from this page and Sovereign will share the floor plans, brochure and current availability for Oceanz 3.
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