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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.
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.
The cost of real estate in Dukes Oceana starts from AED 970,000 or USD 264,090.
The project was completed in the first quarter of 2016 and the handover process began in 2017.
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.
Supermarkets near Dukes Oceana include:
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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:
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.
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