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Exploring Diamondz by Danube: A Premier Property in Dubai’s JLT

Posted by mohsin on April 19, 2024
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Discover the epitome of luxurious living at Diamondz by Danube, a premier 65-storey residential building nestled in the heart of Jumeirah Lake Towers (JLT), Dubai. Inspired by the ultimate symbol of perfection, the diamond, this project promises a lifestyle of opulence and unmatched perfection. Known for its commitment to timely project delivery and offering substantial interest to its investors, Danube Properties introduces Diamondz Danube as a testament to Dubai’s ever-evolving skyline and its promise of tax-free income, high capital appreciation, and worldwide connectivity.

Embarking on a journey through Diamondz Danube, you will explore not just the intricacies of this Diamondz JLT landmark but also the broader spectrum of Dubai Apartments that encapsulate the essence of luxury living. With exclusive insights into the amenities, lifestyle offerings, unit types, and investment opportunities, this article aims to provide a comprehensive overview of what makes Diamondz apartments a sought-after residence in Dubai’s dynamic real estate market.

Project Overview and Developer Insight

Diamondz Danube emerges as a striking 65-storey residential skyscraper in the thriving heart of Jumeirah Lake Towers (JLT), Dubai. This ambitious project by Danube Properties encompasses approximately 1,200 units, offering a variety of living spaces from cozy studios to expansive four-bedroom apartments. Each unit is meticulously designed to maximize both comfort and style, featuring modern interiors, fully furnished settings, and spacious living areas enhanced by sleek finishes. The building itself stands out with its modern architectural style, providing most residences with breathtaking waterfront views, a key highlight for anyone seeking a home that combines luxury with scenic beauty.

Developer Insight

Danube Properties, the developer behind Diamondz Danube, is well-recognized in the Dubai real estate market, founded by the Forbes-awarded entrepreneur Rizwan Sajan. With a net worth of $2.5 billion as of December 2023, Sajan’s vision for Danube includes not only delivering high-quality residences but also ensuring a high return on investment for buyers. The company boasts a portfolio of 14 ongoing and ready projects across various prime locations in Dubai. Danube’s innovative approach is exemplified in their unique payment plan, famously known as the ‘1% Man in Dubai’, which has significantly eased the process of owning a home in the city.

Project Specifications and Timeline

The construction of Diamondz Danube is set to redefine luxury living in Dubai. Slated for handover in 2027, the development covers a built-up area of 1.7 million square feet and includes two model variants, Gemma 2B and Gemma 7B, tailored to meet diverse buyer preferences. The project’s strategic location adjacent to the DMCC’s Uptown Dubai neighborhood further enhances its appeal, promising easy access to major city attractions and business hubs. The timeline for the project kicked off in January 2024, marking the collaboration between DMCC and Danube Properties to enrich Dubai’s residential landscape.

Location and Accessibility

Diamondz in JLT, Dubai - Danube Properties

Diamondz Danube boasts a strategic location in Jumeirah Lake Towers (JLT), known as Al Thanyah Fifth, ensuring residents enjoy both the tranquility of a well-planned neighborhood and the convenience of city life. This prime position in Dubai offers seamless connectivity to major roads like Sheikh Zayed Road, First Al Khail Street, and Garn Al Sabkha, making commuting and accessing the broader city remarkably efficient.

Key Access Points and Nearby Attractions

  1. Major Roads and Metro Connectivity: The property’s proximity to Sheikh Zayed Road and two operational metro stations facilitates easy travel to and from the area. This connectivity is enhanced by the close presence of a 55,000 Sq.m park, adding to the locality’s appeal.
  2. Proximity to Key Locations: Residents can reach important destinations such as Dubai Marina and Palm Jumeirah in just 10 minutes, while the Dubai International Airport and Downtown Dubai are a 30-minute drive away.
  3. Local Amenities: Within walking distance, there are numerous retail outlets along the promenade of one of the three lakes in JLT, complemented by community parks and a pedestrian bike path, enriching the community feel.

The neighborhood’s strategic location not only simplifies access to everyday necessities like schools, hospitals, and shopping centers but also places residents within easy reach of leisure and entertainment hubs. This includes the vibrant Dubai Marina, the iconic Palm Jumeirah, and various sports facilities such as tennis courts. With such a diverse range of accessible amenities and attractions, Diamondz Danube in JLT stands out as a top choice for those seeking convenience and a high-quality lifestyle in Dubai.

Amenities and Lifestyle Offerings

Diamondz Danube promises an exceptional array of amenities that cater to every aspect of luxurious and active living. Here’s a detailed look at the lifestyle offerings available to residents:

Comprehensive Wellness and Recreation Facilities

  1. Active Lifestyle Amenities: Residents can maintain an active lifestyle with facilities like a state-of-the-art gym equipped by Being Strong brand, aquatic gym, and sports courts including basketball and paddle tennis. For outdoor fitness enthusiasts, jogging tracks and a massive 555 Sq.m infinity pool provide ample opportunities for exercise.
  2. Relaxation and Leisure: Unwind in style at the rooftop amenities which include a cigar lounge, open-air cinema, and an array of gardens like the sky garden and hammock garden. The spa & therapy center, along with a yoga deck and sky meditation area, offers a serene escape from the bustling city life.
  3. Social and Family-Friendly Spaces: The project is designed with family in mind, featuring a kids’ pool and play area, BBQ areas, and a business center. The indoor and outdoor party halls make it easy to host social gatherings and events.

Exclusive and High-End Amenities

Azizi Jewel at Al Furjan, Dubai

  • Luxury Waterfront Living: Enjoy direct access to a beach area and waterfront facilities, enhancing the charm of living by Jumeirah Lake Towers. The infinity pool and jacuzzi add a touch of luxury to the waterfront experience.
  • Unique Features for Creatives and Professionals: Content creators and professionals will find the content creator studios and business lounge invaluable for both work and creative pursuits.
  • Engagement in Sports and Entertainment: Facilities like the bowling center, tennis and cricket courts, and sky golf offer recreational options for all ages and interests.

Specialized Amenities for Holistic Living

Diamondz in JLT, Dubai - Danube Properties

  • Holistic and Health-Focused Amenities: Apart from the wellness club, the project boasts an array of health-oriented facilities like an aquatic gym and a comprehensive wellness club. The yoga space and sky meditation area provide residents with options to practice mindfulness and maintain mental health.
  • Rooftop Amenities for Elevated Experiences: The sky observatory deck offers stunning views, while the rooftop amenities ensure there’s always something new to explore, from the hammock garden to the sky golf area.

Diamondz Danube is not just about luxury homes but a lifestyle that fosters community, wellness, and convenience, making it a standout option for potential residents and investors in the heart of Dubai’s JLT.

Unit Types and Pricing

Diamondz Danube offers a diverse range of apartment types and sizes, designed to cater to various lifestyle needs and preferences. Here’s a detailed breakdown of the unit types and their corresponding sizes and prices:

Unit Types and Sizes

  • Studio Apartments: Ranging from 407 to 429 Sq.ft, these compact units are ideal for individuals or couples starting their journey in Dubai’s dynamic environment.
  • 1-Bedroom Apartments: These units span between 733 and 753 Sq.ft, providing ample space for singles or couples needing extra room or a home office.
  • 2-Bedroom Apartments: With sizes from 1,095 to 1,270 Sq.ft, these apartments are perfect for small families or professionals looking for additional space for guests.
  • 3-Bedroom Apartments: These spacious units cover 1,507 to 1,519 Sq.ft, suitable for larger families wanting more comfort and privacy.
  • 4-Bedroom Apartments: The largest units, ranging from 1,959 to 1,973 Sq.ft, are located on the prestigious 56th to 60th floors, offering expansive living spaces and breathtaking views.

Pricing and Payment Plans

Unit Type

Size (Sq.ft)

Price (AED)

Studio

407 – 429

1,100,000

1-Bedroom

733 – 753

1,750,000

2-Bedroom

1,095 – 1,270

2,500,000

3-Bedroom

1,507 – 1,519

3,650,000

4-Bedroom

1,959 – 1,973

4,750,000

The payment plan for these luxurious apartments is designed to be flexible and investor-friendly, starting with a 10% down payment. Subsequent payments follow a 70/30 plan, where 59% is paid during the construction phase through 1% monthly installments, 1% on handover, and the remaining 30% post-handover within 30 months.

Special Features

Select units, such as the studio and one-bedroom apartments, offer options with or without private pools, while all larger units feature private pools on balconies, adding an extra layer of luxury. The fully furnished apartments available for immediate booking in the pre-launch phase provide an added advantage for investors and residents looking for ready-to-move-in solutions.

This section on unit types and pricing outlines the variety of options available at Diamondz Danube, ensuring potential buyers can find a home that perfectly matches their needs and investment goals.

Payment Plans and Investment Opportunity

Diamondz Danube offers an attractive payment plan designed to ease the financial burden on investors and homebuyers, ensuring accessibility to its luxurious units. The structured payment schedule includes a 10% down payment upon booking, followed by 60% of the payment distributed across the construction period. This phase allows for a gradual investment spread out over time, culminating in a 30% final payment upon handover. This plan not only facilitates financial planning but also aligns with the project’s completion milestones.

Table: Detailed Breakdown of Payment Plan

Payment Stage

Percentage

Description

Down Payment

10%

Payable on booking

During Construction

60%

Spread over the construction period

On Handover

30%

Due at handover in Q4 2027

Investors looking for a lucrative opportunity will find Diamondz Danube appealing due to its competitive pricing and expected high rental yields. The exclusivity of the project, with only 1200 units available, adds to its allure, promising both privacy and a unique community atmosphere. The flexibility in payment options, including traditional methods like cash and bank transfers, as well as modern alternatives such as Bitcoin and credit cards, ensures that investors from various financial backgrounds can find a suitable method to invest.

The strategic payment plan, combined with the project’s potential for capital appreciation, positions Diamondz Danube as a compelling investment opportunity in Dubai’s real estate market. The post-handover payment term of 30 months further offers investors the advantage of managing their finances without immediate pressure after the property handover, aligning with long-term investment strategies.

Conclusion

Diamondz Danube, a premier 65-storey residential building in the heart of Jumeirah Lake Towers, epitomizes luxurious living against Dubai’s dynamic skyline. This article delved into the project’s offerings, from its wide array of unit types and meticulously designed living spaces to its comprehensive amenities tailored for wellness, leisure, and community. Highlighting the developer Danube Properties’ reputation for quality and investment value, it presents Diamondz by Danube as not just a residence but a lifestyle choice, underscoring its potential for high capital appreciation and a tax-free income stream in a globally connected city.

The strategic location, accessibility, and bespoke living experiences underscored in this overview position Diamondz Danube as a pinnacle of luxury living in Dubai. With an attractive payment plan and the promise of a high-quality living standard, the development beckons investors and residents alike to be part of a vibrant community poised for prosperity. Reflecting on the broader implications, it becomes clear that investing in Diamondz Danube is not just about owning property but about embracing a lifestyle that sets a new precedent in luxury and comfort in Dubai’s real estate landscape.

FAQs

1. What are the advantages of investing in Danube Properties?
Investing in Danube Properties can be highly beneficial due to several factors. The real estate market in Dubai is known for its robust growth potential, and properties by Danube are located in areas with high demand, enhancing their potential for capital appreciation.

2. How many projects has Danube Properties undertaken, and what is their current status?
Danube Properties has launched a total of 23 projects, selling out 22 of them. Out of these, 12 projects have been completed and delivered, while the remaining ones are in various stages of construction. Notably, the company recently introduced Elitz 2 at Jumeirah Village Circle (JVC), a project valued at over $245 million.

At Homes 4 Life We are Here to Help

Reach out to Homes 4 Life, a real estate agency in Dubai, to discover the best choices for both living and investing. Our database features cost-effective properties with attractive deals from developers, as well as high-end lots in secure gated communities. Expert brokers will tailor accommodation to your preferences, offer insights into location nuances, discuss optimal investment strategies, and guide you through the resident visa application process. Furthermore, they will manage all aspects related to the registration of the transaction

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