Staff Report,
Dubai, UAE
Danube Properties, the one of the private real estate developers in the UAE, launched the health and well-being themed Sportz, a 39-floor tower that will deliver 1,100 apartments in Dubai Sports City, and unveiled their first ready-to-move-in project, Eleganz, which will deliver 259 apartments and townhouses at the Jumeirah Village Circle.
Sportz is the 27th project announced by the developer since entering the real estate market in June 2014, and the 12th project to be unveiled in the last 22 months. The announcement came after completely selling out two out of three towers of the Oceanz project, announced in September this year. Sportz is Danube Properties’ seventh project so far this year.
Sportz draws inspiration from the Dubai Fitness Month, a fitness-focused initiative by His Highness Sheikh Hamdan bin Mohammed Al Maktoum, to foster an environment that promotes healthy lifestyle among its residents. The residential community features an Olympic-sized lap pool, trampoline area, table tennis, wall climbing, and a sky jogging track.
Eleganz is Danube’s first ready-to-deliver project in their portfolio. It enables buyers to book the property by making a 40 percent down payment and paying the rest one percent monthly as well as guarantees 6 percent return on investment.
Following the two launches, Danube Properties stellar portfolio boasts 27 projects comprising 14,888 units, with a combined development value exceeding Dh15.47 billion so far.
“The twin launches reflect a strong commitment of Danube Properties to the UAE economy, which is one of the fastest-growing economies in the region,” Rizwan Sajan, Founder and Chairman of Danube Group, said. “Real estate is still one of the most lucrative and sustainable asset classes for investors who want to make the best use of the asset that offers a high return on investment.”
“Homes at Sportz will take lifestyle to a completely new level with state-of-the-art sports amenities like never before that will offer a luxury and larger-than-life lifestyle to homeowners who will be pampered with the best of the best that is available in the market.”
“With Eleganz, we tested the ready-to-move-in market segment while all other projects have been on the off-line market. This reflects our ability to build and deliver projects with our financial resources and makes Danube Properties one of the most sustainable developers in this part of the world.”
Apartments within Sportz and Eleganz will be smart and sustainable homes and will consume less energy – in line with the UAE’s commitment to sustainability ahead of COP28. Danube Properties offers an instant initial sale contract on-site and also a 10-year Golden Visa – especially for those who qualify as per the investment criteria – subject to government approval.
All Danube Properties’ homes come with a one percent monthly payment plan and more than 40 amenities, following the initial deposits – making home acquisition and possession more affordable and attractive.
In addition to launching projects and building them, Danube Properties will also deliver two projects this year including Jewelz, and Olivz. Also, most of the projects launched in 2022 and 2023 are ahead of the construction and delivery schedule.
Ends
