Staff Report,
Dubai, UAE
Danube Properties, a leading private real estate developer in the UAE, has unveiled its latest project, Diamondz, a 65-storeyed tower with a total development value of Dh2.4 billion, in Jumeirah Lake Towers (JLT), Dubai. The development is the developer’s 15th project launched in the last 24 months. It will feature the first gym in the region with Bollywood star Salman Khan’s ‘Being Strong Fitness Equipment’ range.
Apartments in Diamondz starting at Dh1.1 million will be fully furnished and will come with more than 40 facilities and amenities including a health club, swimming pools, jogging track, sports arena, working space, business centre, meeting place, tennis court, barbecue area, jogging track, doctors on call, and a gym with Being Strong fitness equipment by Salman Khan exclusively for residents which otherwise is a paid for facility.
Rizwan Sajan, Founder and Chairman, Danube Group, shared, “With every project, we challenge ourselves to increase the facilities and amenities so that the home buyers get a better value for every square foot, or every penny spent – be it the introduction of a doctor/ nanny on call or extra space for work from home to maintain perfect work-life balance. Keeping in mind the need of the hour for maintaining a healthy lifestyle and workout with a correct set of equipment, we are delighted to have associated with Salman Khan’s Being Strong Equipment for its first-ever gym in our most luxurious project-Diamondz.”
Danube Properties maintains a policy of launching one project at a time, selling out, put it under tendering and construction, before launching the next project. This helps the developer to focus on all aspects of the development cycle – launch, sell-out, collect down-payment, appoint a contractor, and deliver on time to happy customers.
“This policy has helped us to focus on the development of each project and ensure timely delivery of each project – so that the customers remain happy,” Rizwan Sajan said. “With our 1 percent payment plan, home buyers usually receive the keys after paying around 60 percent of the project and keep on paying the balance 40 percent in 40 monthly installments – making home acquisition less painful – and increasing Return on Investment.
Among Danube’s recent projects, Opalz is at the handover stage, and Pearlz, Gemz, and Petalz are running ahead of schedule by 8 months, 6 months, and 5 months respectively.
Earlier this year, Danube Properties launched Bayz101, the tallest tower under the portfolio. The launch of Diamondz comes a few weeks after the sell-out of Bayz101 within two months of its launch. This reflects the vibrancy of Dubai’s real estate market where demand continues to outpace supply, driving developers to launch projects in quick succession. Homeowners can avail of a 10-year Golden Visa – especially those who qualify as per the investment criteria – subject to government approval.
Ends
Also read: Danube Properties unveils Bayz101, its tallest project to date
