Ocean Bay by SD
Off-Plan

Ocean Bay by SD

From AED 3.81M·Handover Jun 2028·20% down payment Payment
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AED 3.81M
Starting Price
Jun 2028
Handover
20% down payment
Payment Plan
2 BR · 3 BR
Type

Project Overview

Ocean Bay by SD is a residential complex from Samana Developers, located on Central Island as part of Dubai Islands. The facades of the towers are made in a modern style with smooth lines and glass surfaces reflecting the proximity to the water. The project consists of two towers with two underground floors, a common ground floor and eight residential floors. The complex offers apartments with one, two, three and four bedrooms, including penthouses. The interiors are decorated using premium materials and soft shades, and the spacious layouts with high ceilings and panoramic windows provide light and comfort. Residents have access to infinity pools, including private ones, a modern fitness room, outdoor exercise areas, a meditation space, a steam room and a zen garden. For children, there is a separate swimming pool, a water play area and an outdoor playground. The location provides quick access to key locations: Deira City Centre, Dubai Gold Souk and Dubai Creek can be reached in 15 minutes; Dubai Airport, Palm Jumeirah, Burj Al Arab and JBR The Walk can be reached in 20 minutes; Downtown Dubai, Burj Khalifa, Dubai Mall and Dubai Marina can be reached in 25 minutes.

Project Specifications
DeveloperSamana Developers
LocationDubai Islands
Unit Types2 BR, 3 BR, Apartments
AreaDubai Islands
Ownershipfreehold
Est. ROIContact Astraterra for area-specific ROI guidance

Investor Return Snapshot

Base-case underwriting using Astraterra's current Dubai assumptions: 60/40 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 10% annual appreciation. For a live bespoke model, use our financial analysis calculator.

Projected Cap Rate
4.3%
NOI AED 164,545 / year
Cash-on-Cash
2.2%
Levered cashflow AED 38,705
Base-Case IRR
12.8%
5-year hold, levered
Payback Period
18.4 yrs
Gross rent AED 247,867 / year

Comparable Sales Context

Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.

BenchmarkAED / sq ftIndicative TicketContext
Ocean Bay by SD launch basis4,237AED 3.81MCurrent launch / asking basis
Dubai Islands ready-stock comps1,500AED 1.35MIndicative resale benchmark
Dubai Islands premium peer launches1,850AED 1.67MNew-launch peer set
Trophy alternative proxy2,250AED 2.02MHigher-end anchor for negotiation context

Gallery

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Astraterra Properties

Official Documents

Download official marketing materials from Samana Developers.

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Payment Structure

20% down payment

Flexible Payment

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Floor Plans

Ocean Bay by SD — 1 Bedroom Floor Plan

Amenities & Lifestyle

Children’s pool
Concierge Service
Dining outlets (coffee houses & restaurants)
Infinity pool
Kids Play Area
Kids splash pad
Landscaped garden
Lift
Lobby
Meditation zone
Open air gym
Private pool
Recreational areas
SPA
Sauna
Shared Jacuzzi
Shared gym & fitness
Yoga studio

Location

Dubai Islands

Nearby Destinations

Dubai Creek — 10 mins
Deira City Centre — 12 mins
Dubai International Airport — 18 mins
Al Mamzar Beach Park — 8 mins
Dubai IslandsDubai IslandsDubai, UAE

Developer Track Record

01

Ocean Bay by SD by Samana Developers

02

Located in Dubai Islands

03

Starting from AED 3,813,333

04

Unit mix includes 2 BR, 3 BR, Apartments

05

Expected handover: Jun 2028

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

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