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Project number: 2023/302023
 

About Ocean Escape

Starting From

650,000 AED

Available Units
 
1-4BR
Area from (sq. ft.)
 
750 to 2,400
Location
 
Al Reem Island

Oceanscape is a three-tier residential development in Shams Abu Dhabi, a prestigious district on Al Reem Island. Completed in 2009 by DAMAC Properties, one of the region’s leading developers, the project reflects the company’s commitment to luxury and quality. Since 2002, DAMAC has delivered numerous high-end residential, leisure, and commercial projects, including DAMAC Hills, Cavalli Tower, and Safa One by De Grisogono.

Offering a prime location in the heart of Al Reem Island, Oceanscape is an ideal choice for those seeking an upscale waterfront lifestyle in Abu Dhabi.

Oceanscape features two 35-story residential towers, comprising 29 residential floors, a ground floor, and three podium levels that seamlessly connect the buildings. All apartments and townhouses include balconies, offering stunning views of the Arabian Gulf.

Prospective buyers can choose from 1- to 3-bedroom apartments, ranging in size from 750 sq. ft to 2,400 sq. ft, as well as spacious 4-bedroom townhouses with living areas between 2,620 sq. ft and 3,200 sq. ft. Each townhouse also comes with a private swimming pool, adding to the exclusivity of the residence.

Property Information

Location Icon Location: Al Reem Island Developer Icon Developer: Damac
Status Icon Status of Project: Ready Type Icon Type of Project: Apartment
Units Icon Units: 1-4 BR Area Icon Area from: 750 sq. ft.
Payment Icon Payment Plan: 50/50

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Floor Map

Property prices

The return on investment (ROI) in Oceanscape ranges between 5% and 7%, with one-bedroom apartments being the most profitable. Rental prices for these units range from AED 57,000 to AED 120,000 (USD 15,500–32,600) per year.

Four-bedroom townhouses are available for rent at rates between AED 72,000 and AED 150,000 (USD 19,600–41,000) annually. On average, the payback period for properties in Oceanscape is approximately 20 years.

*The price is valid for 2021

Payment Plan

10%

Down Payment

10%

50% of Villa Superstructure Completion

10%

100% of Infrastructure Works
 

10%

100% of Villa Superstructure Completion

 

10%

Villa Façade Substantial Completion

10%

On Handover in Q2 2026

Mortgage Calculator

11,000,000 AED 2,750,000 AED 20 Years 4%


Monthly Payment

49,993.38 AED

Total Loan Amount: 8,250,000 AED

Interest Rate: 4%

Loan Period: 20 years

Location

  • Oceanscape enjoys a prime location near Abu Dhabi’s main highways, allowing residents to reach the city center in just 15 minutes.

    A variety of dining options are available nearby, including La Brioche, Urban Portion, and Natural Kitchen. For shopping convenience, The Boutik Mall is just a 7-minute walk from the complex.

    Residents have easy access to several supermarkets, such as Dikkan Saifan, Almaya Mart, Lulu Express Fresh Market, and Waitrose.

    Al Reem Island is home to multiple educational institutions, including Mosaic Nursery, Hummingbird Nursery, Playhouse Nursery, and the prestigious Repton School Abu Dhabi. Additionally, the renowned Paris-Sorbonne University Abu Dhabi is located nearby.

    For healthcare needs, Burjeel Hospital is the closest medical facility to Oceanscape

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