Danube Properties launches Sportz, its 7th project of the year

Fast-growing real estate developers Danube Properties has launched its seventh project of the year, Sportz. The project will be a 39-floor tower that will deliver 1,100 apartments in Dubai Sports City.

Similarly, Danube has also unveiled its first ready-to-move-in project, Eleganz, which will deliver 259 stylish and elegant apartments and townhouses at the Jumeirah Village Circle.

The announcement of Sportz marks the 27th project revealed by the developer since their entry into the real estate market in June 2014. It is also the 12th project disclosed within the last 22 months. This unveiling follows the complete sell-out of two out of three towers of the Oceanz project, announced in September of the current year. Notably, Sportz is the seventh project introduced by Danube Properties in the current year alone.

Dubai Fitness Month, endorsed by His Highness Sheikh Hamdan bin Mohammed Al Maktoum, urges residents of Dubai to prioritise their health and well-being. Fazza’s vision to establish a fitness-centric community, encouraging active and healthy lifestyles while fostering a culture of wellness and vitality in the city, has played a pivotal role in inspiring Danube Properties to create a community like Sportz.

Danube Properties launches Sportz

Sportz by Danube is set to redefine standards in real estate projects by offering unparalleled sports amenities. These include an Olympic-sized lap pool, trampoline area, table tennis, wall climbing, and a sky jogging track, providing residents with an unmatched recreational experience. Additionally, Sportz will offer mentoring and coaching as part of its amenities, showcasing Danube Properties’ dedication to promoting an active and vibrant lifestyle for Dubai residents.

Eleganz, another venture by Danube Properties, allows customers to secure a property by making a 40% down payment and subsequently paying the remaining 1% monthly. Buyers can begin enjoying a guaranteed 6% return on investment from these fully-furnished properties almost immediately. Notably, Eleganz represents Danube Properties’ first ready-to-move-in project to hit the market.

A hefty project portfolio

With the introduction of Sportz and Eleganz, Danube Properties’ project portfolio will encompass 14,888 units spread across 27 projects, with a cumulative development value exceeding $4.2 billion thus 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.”

“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 Properties’ homes come with a trend-setting 1 percent monthly payment plan and 40+ amenities, following the initial deposits – making home acquisition and possession more affordable and attractive.

Smart and sustainable homes

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.

“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.

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.

As one of the most successful developers in the UAE with the highest launch-to-delivery ratio, Danube Properties has delivered Bayz, Glamz, Starz, Resortz, Elz, Lawnz, and Wavez while it prepares to deliver two more projects this year. All these projects have been greatly appreciated by those who have bought units in them.

Source: https://www.constructionweekonline.com/projects-tenders/danube-properties-launches-sportz-its-7th-project-of-the-year