3BR Apartment in Oceara Park View Residences, Dubai Islands
About this property
This 3-bedroom, 4-bathroom apartment at Oceara Park View Residences offers 1,594 sq ft on Dubai Islands, priced from AED 3,100,000 (about AED 1,945 per sq ft), with handover expected in Q1 2029.
Oceara Park View Residences is an off-plan project by PPS Properties on Dubai Islands, Nakheel's island destination off the Deira coast. The Dubai Land Department lists it as project 4542, registered in September 2026 with 63 homes: 12 one-bedroom, 34 two-bedroom, 15 three-bedroom and 2 four-bedroom units. The developer's launch details list the three-bedroom from AED 3,100,000 with a maid's room.
Amenities listed by the developer include a gym, an infinity pool, a kids' pool and play area, a sports court, a yoga space, a clubhouse, a games room and a BBQ area.
A three-bedroom with four bathrooms and a maid's room suits a family that wants space for live-in help or guests.
Our feed lists a 20/80 payment plan. 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 1,945 per sq ft, this unit is around 31% 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 Oceara Park View Residences be completed? Our feed lists handover in Q1 2029.
Prices and availability come from the developer and can change. Contact Platinum Square for current availability, floor plans and the full payment schedule.
Amenities
Location & Lifestyle
Buy off-plan on Dubai Islands, Nakheel’s five-island waterfront destination, formerly known as Deira Islands and renamed in August 2022. The master plan covers 17 square kilometres, with more than 20 kilometres of beaches and over 80 planned resorts and hotels. Between 1 January and 7 October 2026, 3,309 homes were sold on Dubai Islands, almost all off-plan, at a median price of AED 2.86M or AED 2,809 per sq ft; one-bedroom apartments sold at a median of AED 2.40M and two-bedrooms at AED 3.54M. The first completed buildings are only now being let: 10 rent contracts were registered this year, at a median of AED 130,000 a year, which puts the early gross yield at about 3.5% before service charges. Source: Dubai Land Department open data (registered as Palm Deira), sales and Ejari rents 1 January to 7 October 2026, read on 7 October 2026; master-plan figures from Nakheel via Gulf News, 22 August 2022.
Schools nearby
- Deira International School (near)
- St. Mary’s Catholic High School (near)
Metro & transit
- Not directly connected (near Gold Souk (Green Line); ferry / road links)
Malls & retail
- Deira City Centre
- Souq Al Marfa
- Dubai Islands Mall (planned)
Healthcare
- Canadian Specialist Hospital
- Aster Hospital Deira
Landmarks
- Dubai Islands Beach
- Souq Al Marfa
- Dubai Gold Souk (near)
- Dubai Islands Marina
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