Photos and renders of the building and grounds — not of this particular unit.
1 / 6
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.
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.
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.
A 1 425 m bridge across Dubai Creek will link Dubai Islands directly to Bur Dubai: four lanes each way, 16 000 vehicles an hour, 18.5 m above the water. The AED 786m contract targets completion by the end of 2026. What the bridge changes for the islands and the old city.
CG Developers is building Dubai's first JW Marriott residence, priced from AED 1.72 million with a Q1 2028 handover. In parallel, Nakheel has awarded a AED 527 million contract for Island B's core infrastructure — roads, water and sewage for a future 49 000 homes.
A chain of reclaimed islands under a single government master plan. Almost no coastal land with direct beach access is left inside the emirate — and one or two new projects launch here every month. The opportunity and the risk are the same fact.
A developer building on the Dubai Islands. Between handover and the first tenant there is a list of connections and registrations, and every one of them needs someone on the ground.
A developer building on the Dubai Islands. The dirham’s peg to the dollar shapes the currency risk for every foreign buyer — and the transfer mechanics have costs of their own.
A developer building villas on the Dubai Islands. A house bought off-plan on new land combines two kinds of waiting, and they resolve on different timetables.
A developer with two projects on the Dubai Islands. Beach access is sold as a feature and defined as a legal arrangement — and the two are not always the same thing.
A mid-market company that went from a handful of projects to a large pipeline in a few years. What rapid growth does to risk, and the specific evidence that separates a good scaler from a stretched one.
The state developer behind Palm Jumeirah and the Dubai Islands. The difference between a master developer and a building developer, and why it matters for what you own.
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.