Ocean Bay

This 3-bedroom, 4-bathroom apartment at Ocean Bay offers 1,737 sq ft in Dubai Islands, priced from AED 4,212,938 (about AED 2,425 per sq ft), with handover expected in Q4 2028.

Ocean Bay is an off-plan residential project by Samana Developers on Dubai Islands. The Dubai Land Department lists it as Ocean Bay By Samana Developers, project 3881, registered in October 2025 to Samana Platinum Real Estate Development L.L.C, with 143 homes: 53 one-bedroom, 58 two-bedroom, 26 three-bedroom and 6 four-bedroom units. Construction started in September 2025, and DLD shows the project as 3.17% complete.

Amenities listed by the developer include pets allowed, kids' play area, cafe, gym, infinity pool, kids' pool, landscaped gardens, marina, retail, spa, steam room and swimming pool.

A three-bedroom with four bathrooms suits a family that wants more space in a new island community.

Our feed lists a payment plan with a 15% down payment. Contact us for the full payment schedule.

How does the price compare with Dubai Islands? Homes sold on Dubai Islands had a median of AED 2,809 per sq ft from 1 January to 7 October 2026 (Dubai Land Department, 3,309 sales, almost all off-plan). At about AED 2,425 per sq ft, this unit is around 14% below that median.

What rental yield can investors expect on Dubai Islands? The first completed buildings are only now being let. Ten rent contracts were registered this year at a median of AED 130,000 a year, an early gross yield of about 3.5% before service charges (Dubai Land Department). With so few contracts, treat this as an early signal rather than a market rate.

When will Ocean Bay be completed? Our feed lists handover in Q4 2028.

Prices and availability come from the developer and can change. Contact Platinum Square for current availability, floor plans and the full payment schedule.