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Ocean Bay by SD

Dubai Islands

Project factsheet

Status Under construction
District Dubai Islands
Handover Q4 2028

Layouts and the handover date come from the developer's brochure in our archive. Prices and payment plans from the same source are deliberately not published: they are dated to when the brochure was issued and do not match today's prices. I will send the current ones over WhatsApp.

About the building

A residential building in Dubai Islands, currently under construction.

Specifications for Ocean Bay by SD per Propsearch and the Dubai Land Department. They describe the whole building, not the individual unit.

About the project

Ocean Bay by SD is a residential building in Dubai Islands, handover is due Q4 2028.

There is not a single lot in this project in the database right now — it is refreshed every night, and listings here appear and go.

Two glass buildings with wave-shaped architecture on the Dubai Islands. One-bedrooms from 76 square metres cost from $572,000, with a payment plan stretched over seven years — the longest schedule of any project we've covered.

Seven years of instalments

Payment runs as a percentage per month. At an entry price of $572,000, that works out to roughly $5,700 a month — comparable to renting an apartment of this class on the island.

The logic of the scheme is clear: the payment is scaled to the rental income the apartment will start generating after handover. But seven years is longer than the average holding period for an investment apartment in Dubai.

That raises the key question for the contract: on what terms the unit can be resold before it's fully paid off. If assignment is prohibited or comes with a large fee, a long payment plan turns from a convenience into a trap.

What's on offer

One-bedrooms from 76 m² start from $572,000, around $7,500 per metre. Premium-material finish, five minutes to the marina.

The island

Beach, golf courses, promenades, parks, top-category hotels, shops and restaurants. The shared podium has an infinity pool, fire-pit lounge areas surrounded by water, and a Japanese-style garden.

Seller's materials at sales launch: floor areas, prices, payment scheme and complex composition. Price per metre is our own calculation.

Where it is

The pin is placed by district — I send the exact address on request.

Nothing in the stock for this project right now

The stock refreshes every night, and lots here appear and go. Message me — I will check the closed bases and suggest the nearest alternatives in Dubai Islands.

Ask about this project
Handover payment

A mortgage covers the final instalment

The final payment on this building falls in 2028 — under off-plan plans that is 40–60% of the price in one go. A UAE bank closes it: the flat becomes the security, and nothing is added on top of what the developer has already been paid.

  • Up to 80% of the appraised value, no extra down payment
  • 3.99% fixed for three years, up to 25 years in term
  • 6–12 months before the keys — the bank wants six months of income history

Already been invoiced, or missed the date? That is not a dead end either — write and we will look at what the developer will accept.

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Frequently asked about Ocean Bay by SD

When is Ocean Bay by SD handed over?

The developer's brochure says Q4 2028. The date in the contract for a particular unit can differ — I check it before the deal.

Where is Ocean Bay by SD?

Dubai Islands. The reclaimed islands off Deira, formerly Deira Islands: beaches, hotels and new residential on the northern coast.

How much does an apartment in Ocean Bay by SD cost?

Our database has no open listings for Ocean Bay by SD at the moment. I will check the price of the layout you want against the closed databases and send it together with the deal costs.

In the news

What has been written about the building, its developer and Dubai Islands

Where this project stands today

Message me for the free layouts in Ocean Bay by SD, the real entry price and what owners and tenants say — not the brochure copy.

Ask a question

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