Fast-growing developer Danube Properties has launched its seventh project of the year, Sportz, a 39-floor tower that will deliver 1,100 apartments in Dubai Sports City. It has also unveiled its first ready-to-move-in project, Eleganz, with 259 elegant apartments and townhouses in Jumeirah Village Circle.
Sportz is the developer's 27th project since entering the market in June 2014 and its 12th in the last 22 months. It follows the sell-out of two of the three towers of Oceanz, launched in September.
Inspired by Dubai's Fitness Vision
Dubai Fitness Month, endorsed by His Highness Sheikh Hamdan bin Mohammed Al Maktoum, encourages residents to prioritise their health and wellbeing. Fazza's vision of a fitness-centred community that fosters active, healthy lifestyles played a key role in inspiring Danube to create Sportz.
The tower is set to redefine standards with exceptional sports amenities, including an Olympic-sized lap pool, trampoline area, table tennis, climbing wall and sky jogging track, along with mentoring and coaching, reflecting Danube Properties' commitment to active, vibrant living.
Eleganz: Ready-to-Move-In Homes
At Eleganz, buyers can secure a property with a 40% down payment and pay the remainder at 1% a month, earning a 6% return from the fully furnished homes almost immediately. It is the first ready-to-move-in project Danube has brought to market.
A Growing Portfolio
With Sportz and Eleganz, Danube Properties' portfolio grows to 14,888 units across 27 projects, with a cumulative development value of more than $4.2 billion.
"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," said Rizwan Sajan, Founder and Chairman of Danube Group. "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."
"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."
All Danube homes come with a trend-setting 1 percent monthly payment plan after the initial deposit and more than 40 amenities, making buying more affordable and attractive.
Smart and Sustainable Homes
Danube will also deliver Jewelz and Olivz this year, and most projects launched in 2022 and 2023 are ahead of their construction and delivery schedules.
"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," Rizwan Sajan says.
Homes in Sportz and Eleganz will be smart, sustainable and energy-efficient, in line with the UAE's commitment to sustainability ahead of COP28. Danube offers an instant initial sale contract on site and a 10-year Golden Visa for those who meet the investment criteria, subject to government approval.
With the highest launch-to-delivery ratio among UAE developers, Danube Properties has delivered Bayz, Glamz, Starz, Resortz, Elz, Lawnz and Wavez, and is preparing to deliver two more projects this year.
Source: Construction Week
