Dukes Oceana

Leave a Request

    Dukes Oceana is located on the trunk of the island Palm Jumeirah and is a part of the resort hotel Dukes The Palm. The complex offers a choice of studios and 1-bedroom apartments overlooking the beach and the Dubai skyline.

    About Dukes Oceana

    Dukes Oceana was developed by Seven Tides and launched in 2014. It consists of 2 buildings - a hotel with 273 rooms and a residential tower consisting of 227 serviced apartments. The complex has 185 studios with 4 different types of layouts, and 42 1-bedroom apartments with 3 types of layouts.

    Both towers have high-speed elevators, 24-hour security and regular maintenance. All apartments are fully-equipped with high-class household appliances, and there are 6 luxurious restaurants near the complex. The residents will have access to covered parking, where each unit is provided with at least one parking space. Guests and visitors can use the public parking.

    Key features

    • Offered services include: a fully equipped gym, a la carte services, fitness center, outdoor pool. The building has a spacious lobby, children’s play area, well-kept garden, sauna and steam room.
    • Residents will have to pay an annual fee for a chiller/cooling based on their contract.
    • The Dukes team will provide 24/7 services to support the entire rental process and provide a convenient rental management solution. The residential apartments are sold free of charge and are offered fully-furnished with exceptional and stylish décor and multiple floor layouts to choose from.

    Property prices

    The cost of real estate in Dukes Oceana starts from AED 970,000 or USD 264,090.

    • The studios have a total area from 279.9 to 526.9 square feet. They all have an open-plan kitchen, a bathroom and a spacious balcony.
    • The one-bedroom apartments have a total area of ​​601.9 square feet. It has a fully-equipped open-plan kitchen, a large living room with a guest bathroom, and a balcony. The master bedroom has en-suite bathroom and fitted wardrobes.

    The project was completed in the first quarter of 2016 and the handover process began in 2017.

    Location

    Dukes Oceana is a family-friendly, residential complex located on the island Palm Jumeirah, that offers a variety of exceptional amenities. The only drawback is that at the moment public transport is limited here.

    One can find a wide range of dining and tourist attractions such as the Great British Restaurant and Aquaventure Water Park at Dukes Oceana. It is also located close to the Marina 1 and Marina 2 residences.

    Transport accessibility:

    • The nearest monorail station, Nakheel Mall, is a 5-minute drive or 20-minute walk away;
    • The nearest bus stop is a 5-minute drive away from the Royal Mirage. Here one can find buses no. 8 and no. 55;
    • Palm Jumeirah metro station is a 5-minute drive away and Nakheel Station is 10 minutes away;
    • The nearest tram stop is Al Sufouh – 5-minute drive away;
    • Travel time to Dubai International Airport is 25 minutes by car, while Al Maktoum Airport is 35 minutes away.

    Supermarkets near Dukes Oceana include:

    • All Day Fresh – 10-minute walk;
    • Choithrams – 10 minutes by car;
    • Spinneys – 15 minutes by car.

    Distance to the shopping and entertainment centers:

    • Golden Mile Galleria – 15 min walk;
    • The Pointe, Dubai Marina Mall and Nakheel Mall – 10 minutes by car;
    • Mall of the Emirates, Al Barsha Mall, Ibn Battuta Mall and The Collective by Ripe – 15 minutes’ drive.

    Proximity to attractions and popular areas:

    • The Lost Chambers Aquarium is a famous tourist attraction. It is the largest aquarium in the UAE, home to over 65,000 marine animals, located 10-minute drive away from the complex.
    • Aquaventure Waterpark offers 30 slides and attractions and is 15-minute drive away.
    • Dolphin Bay is one of the largest artificial dolphin habitats in the world. Travel time will take 15-20 minutes.
    • South Bridge View observation deck – 5 minutes by car or 20-minute walk.
    • Popular areas such as Dubai Marina, New Dubai, JBR, Bluewaters Island, Dubai Internet City, Al Barsha are located about 10 minutes away.
    • Within 20-25 minutes by car, the residents can visit such places as: Downtown Dubai, Business Bay, Logo Islands, Jumeirah Golf Estates Club.

    Investment in project and ROI

    According to the last report on Dubai real estate market for the first half of 2020, Palm Jumeirah is the fifth most popular area to purchase apartments in Dubai. One of the popular sites on the island is Dukes Oceana from Seven Tides.

    Rent tendencies in Dukes Oceana:

    • The average rental price of a studio starts from AED 85,000 to AED 125,000.
    • For renting a 1-bedroom apartment one will need to pay AED 140,000.

    Rental yields at Dukes Oceana start at 8%, where studios with a 9.1% ROI offer the highest return on investment.

    Dukes Oceana also offers an excellent investment opportunity with a guaranteed rental scheme supported by a developer with 10% ROI over 5 years.

    Leave a Request

      Our newsletter

      Sign up for our weekly newsletter for market updates!