Buyer guide · Dubai Maritime City

Dubai Maritime City off-plan apartments: what buyers should know (2026)

Dubai Maritime City is a 249-hectare man-made peninsula between Port Rashid and Dubai Drydocks, part of DP World's portfolio. Its commercial district is a mixed-use waterfront area that includes residential, retail, office and hotel plots built by sub-developers including Danube Properties. Off-plan buyers sign an SPA with the developer, which registers it with DLD through Oqood.

Quick facts

What's being built

• Dubai Maritime City's commercial district is a mixed-use waterfront area; it lists 28 mixed-use plots in Phase 1, and says about 86% of Phase 1 land plots are sold, with 14 projects in development (per DMC).
• Listed sub-developers include Omniyat, Deyaar, Damac, Vakson Group, Hemen Red, Select Nautica and Danube Properties (per DMC).
• Danube's brochure lists planned community features for Maritime City including a shopping mall, sports park, beach, cable car, sky walk bridge, sunset promenade and mosque, and an upcoming metro station. These are Danube's descriptions, not our promise.

Access

Approx. drive times from Shahrukhz Residences, per Danube’s brochure:

• Port Rashid Boat Station: 2 min
• Dubai Cruise Terminal 2: 3 min
• Dubai World Trade Centre: 8 min
• Burj Khalifa / Dubai Mall: 10 min
• DXB International Airport: 15 min

Who it suits

Buyers who want a waterfront address near central Dubai and Port Rashid, and who are comfortable with an off-plan handover several years out.

How off-plan buying works in Dubai

1. Shortlist a project and confirm the developer, permit and live availability.
2. Pay the developer's EOI, if it asks for one, to hold a unit.
3. Sign the SPA and pay the first instalment set by the payment plan.
4. The developer registers the SPA with DLD through Oqood (within 90 days of signing, per DLD).
5. Pay instalments as per the SPA until handover, then the title deed is issued.

DLD fee: 2% of sale value from seller and 2% from purchaser, plus AED 20 in admin fees, unless the SPA says otherwise (per DLD). Payments go into a project escrow account under Law No. 8 of 2007 (per DLD).

The project we handle: Shahrukhz Residences by Danube

• Fully furnished waterfront residences by Danube Properties
• From AED 1.65M, as given by Danube (Oct 2026); subject to availability and change
• 30/70 payment plan, as given by Danube; subject to the SPA
• Handover expected Q4 2029, per Danube
• EOI AED 50K studio and 1BHK, AED 100K 2BHK and above, as given by Danube

Read the Shahrukhz Residences guideRequest a callback

Ovation Capital Properties placed 6 buyers at the launch of Oceanz by Danube in Dubai Maritime City.

Ovation Capital Properties LLC, RERA ORN 47175
Trakheesi permit 2138369700 · DLD project no. 4548
Rahul Agiwal, BRN 78062
Office 213, Sol Bay, Business Bay, Dubai, PO Box 46231

Projects we handle in Maritime City

Ovation Capital Properties handles these Dubai Maritime City projects. Prices are indicative and not an offer; availability and payment plans come with each unit offer.

Other projects in Dubai

Frequently asked questions

What is Dubai Maritime City?

A purpose-built maritime zone on a man-made peninsula, spread over 249 hectares, with a mixed-use commercial district of residential, retail, office and hotel plots. Per Dubai Maritime City (dubaimaritimecity.com), Oct 2026.

Where is Dubai Maritime City?

Between Port Rashid and Dubai Drydocks, connected by a causeway to the wider road network. Per Dubai Maritime City (dubaimaritimecity.com), Oct 2026.

Who is the master developer?

Dubai Maritime City is part of DP World's portfolio. Plots in the commercial district are sold to sub-developers, who build the individual projects. Per Dubai Maritime City (dubaimaritimecity.com), Oct 2026.

Which developers are building there?

Dubai Maritime City lists sub-developer projects including Omniyat, Deyaar, Damac, Vakson Group, Hemen Red, Select Nautica and Danube Properties. Per Dubai Maritime City (dubaimaritimecity.com), Oct 2026. Not an endorsement of any project.

How long does it take to reach Downtown Dubai and the airport?

For Shahrukhz Residences, approx. drive times, per Danube's brochure: Burj Khalifa / Dubai Mall 10 min, Dubai World Trade Centre 8 min, DXB International Airport 15 min. Times from other buildings will differ.

Who is Maritime City suited to?

Buyers who want a waterfront address close to central Dubai, Port Rashid and the cruise terminal, and who are comfortable buying off-plan with a handover several years away. Your own needs and advice should decide.

What is an EOI?

An Expression of Interest is a deposit some developers take to hold a unit before the SPA. Amounts and refund terms are set by each developer; for Shahrukhz Residences, Danube lists AED 50K for studio and 1-bedroom and AED 100K for 2-bedroom and above. Subject to the SPA.

What is the SPA and Oqood?

The SPA is the Sale and Purchase Agreement signed between developer and buyer. The developer registers it in DLD's provisional register through the Oqood portal, within 90 days of signing. Per Dubai Land Department (dubailand.gov.ae), Oct 2026; subject to the SPA and current DLD rules.

What is the DLD fee on an off-plan purchase?

DLD lists the initial-sale registration fee as 2% of the sale value from the seller and 2% from the purchaser, plus AED 10 knowledge and AED 10 innovation fees. The split can be agreed otherwise in the SPA. Per Dubai Land Department (dubailand.gov.ae), Oct 2026; subject to the SPA and current DLD rules.

Is my off-plan payment protected?

DLD states that a developer must deposit buyers' off-plan payments into a project escrow account with a DLD-accredited agent, under Law No. 8 of 2007, monitored by RERA. Per DLD's 'Know your rights' guide; subject to the SPA.