Ocean Bay by SD — project image
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
Rental analysisSee scenario below

Illustrative Rental Scenario

Hypothetical completed-property scenario, not a forecast, valuation or financing offer: 6.5% gross rental yield, 6% acquisition-cost allowance, 60/40 debt/equity, 5.5% interest-only debt cost, 4% vacancy, 5% management, 1.2% service charge proxy and 0.4% maintenance. Service charge and maintenance are percentages of the purchase price; vacancy and management are percentages of gross rent. Rental income assumes the property is completed and let. Construction delays, price changes, sale proceeds and loan principal repayment are excluded. Confirm project-specific rents, costs and financing before relying on a scenario. For a live bespoke model, use our financial analysis calculator.

Scenario Cap Rate
4.3%
NOI AED 164,545 / year
Cash-on-Cash
2.2%
Levered cashflow AED 38,705
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 1.75M / annual levered cash flow. Excludes time before letting.

Pricing and Area Research

Starting prices are project indications, not confirmed unit offers. Ask for current availability, a unit-specific price and size, service charges and dated comparable transactions before deciding.

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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

Published payment summary

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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

Ocean Bay by SD location map
Project location

Nearby Destinations

Dubai Islands

Developer and Project Facts

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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Property Enquiries

Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae

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