Cookie Consent by Privacy Policies Generator website Danube Properties Announces the Launch of the Dh475 million Skyz Tower – The First Project Launch in Dubai after COVID-19 : GoDubai.com

GoDubai
  
  
  
  
Citylife > Press Release
  Home Contact us Add to Favourites
Most Recent Postings
More Press Releses
Featured Sections

Event Finder
A daily roundup of exhibitions, promotions and other events in Dubai and the rest of the Emirates.
Submit an Event
Latest Dubai Press Releases >>

    Share
Skyz Tower will be developed at Arjan, close to the Miracle Gardens, with easy access to Mohammed Bin Zayed Highway 
 
 
Date: Dubai, UAE, October 26, 2021
 
News Highlights
 
1. Danube Properties announces the launch of Skyz – a residential project with a development value of Dh475 million;
 
2. Skyz is the first real estate project to be launched in Dubai after the COVID-19 pandemic and after the opening of Dubai Expo 2020 – a landmark year – that will see market returning to growth due to growing demand picking up;
 
3. With Skyz, Danube Properties' development portfolio exceeds 7,000 units, with a combined development value exceeding Dh5 billion. 
 
4. It has so far delivered 2,155 units with a combined sales value of Dh2.1 billion – nearly half of the entire portfolio value with plans of delivering Dh1.1 billion in 2021.
 
5. Danube Properties announced that sales for SKYZ project will be open from October 30th, 9 am onwards in Danube Properties Office at Sheikh Zayed Road.
 
Danube Properties, the UAE-based affordable housing pioneer and one of the most dynamic and popular private real estate developers in the UAE, today announces the launch of Skyz Tower, a Mediterranean-themed high-rise residential tower with elegantly-designed apartments, retail outlets and recreational facilities with a development value exceeding Dh475 million.
 
The project will be developed at the Arjan master-planned community in Dubai, close to the Miracle Gardens, opposite to Motor City, Dubai Hills Estates and Dubai Hills Estate Mall with the easiest access to Mohammed Bin Zayed highway. The affordable homes come with Danube Properties' trend-setting 1 percent payment plan that helps middle income tenants and end-users to easily acquire their dream homes.
 
The announcement was made at a packed press conference attended by the largest contingent of media and cheering crowd by Mr Rizwan Sajan, Founder and Chairman of Danube Group.
 
The launch of the new residential tower comes a few days after land transaction value exceeded Dh100 billion mark in less than 9 months this year – as announced by Dubai Land Department – fuelled by strong investor interest in Dubai's real estate.
 
This marks the first real estate project launch after the COVID-19 pandemic and also the first project launch since the start of Dubai Expo 2020 and reflects Danube Properties' confidence in the market that is witnessing a gradual upturn.
 
“The launch of Skyz Tower comes 18 months after we launched our last project, Olivz – which was sold out by our team at the height of the COVID-19 pandemic last year. Due to the sell-out of all of our previous projects, we were running out of stocks – since the beginning of the year. This necessitated the launch of the new project,” Rizwan Sajan, Founder and Chairman of Danube Group, said.
 
“The launch of the new project comes after a lot of thinking and due diligence – due to the pandemic. It is being launched at a time when we have seen an increase in demand for new homes. However, we are very confident of the fast sell-out of the project due to growing demand for new off-line properties.
 
“Despite the challenging global economic environment and uneven global recovery from COVID-19 pandemic, we never lost our focus and continued the development and construction works of the ongoing projects. As a result, I am happy to announce that three of our ongoing-projects are being handed over in the next three months.”
 
Three projects – out of which the recently delivered Bayz and Miraclz, have been appreciated by all the investors who had bought units in them, and Lawnz which is currently being completed for delivery will take the number of delivered units to 4,281 with sales value exceeding Dh3.5 billion by the end of this year. This will help to reinforce Danube Properties' reputation as one of the most successful developers in the UAE with the highest launch-to-delivery ratio.
 
Skyz will be developed at a land at Arjan, close to the Miracle Garden with easy access to Mohammed Bin Zayed Highway. The tower overlooks Miracle Garden, Arabian Ranches and Motor city communities. 
 
The concept was to create a new residential destination that celebrates Mediterranean living by maximising usable outdoor space through balconies, terraces, gardens, parks, and plazas. The tower is designed to allow maximum views and light into the scheme and creates a series of ‘external gardens' distributed around the building linked by an informal route with an outdoor pool and recreation area at various levels
 
Skyz Tower provides holistic amenities from retail arcade, games room, kids play area, state-of-the-art health club, outdoor gymnasium, infinity pool, lilly pool with water beds, kids pool, outdoor jacuzzi, viewing deck, paddle tennis, gazebo, outdoor seating area, water bodies, BBQ area, jacuzzi lounge, party hall with billiards room, business centre and above all Sky Jogging Track.
 
Sky Jogging Track – a first in the region – is an elevated jogging track for occupants of Skyz Tower, that will help the residents to maintain a healthy lifestyle – in addition to the health club, gymnasium and swimming pool. This reflects Danube Properties' focus on offering the best lifestyle to the home-owners, so that they can maintain a healthy life at the most affordable price.
 
Mr Rizwan Sajan, Founder and Chairman of Danube Group., says, “The launch of Skyz, is a reflection of the fact that the real estate sector is back and off-plan properties are back in demand. With the best pricing and the most convenient payment plan, middle-income families can now buy our properties with their household income and without mortgage finance. 
 
“Dubai-based families who have so far shied away from buying properties, should now consider buying their dream home and can call the UAE their home – with extended residence visa and a more liberalised environment.”
 
Danube Project Development Factsheet
 

Danube Projects

Residential Units

Sales Value

Status

Dreamz

171 Townhouses

Dh500 million

Delivered

Glitz Residence I

151 Units

Dh187million

Delivered

Glitz Residence II

151 Units

Dh188 million

Delivered

Glitz Residence III

358 Units

Dh350 million

Delivered

Starz Tower

454 Units

Dh300 million

Delivered

Glamz Residence

426 Units

Dh270 million

Delivered

Miraclz Tower

599 Units

Dh400 million

Delivered

Resortz Tower

444 Units

Dh300 million

Delivered

Bayz

463 Units

Dh450 million

Delivered

Jewelz

463 Units

Dh300 million

Under Construction

Lawnz

1,064 Units

Dh550 million

Under Construction

Elz

275 Units

Dh130 million

Under Construction

Mosque

One

Social Initiative

Under Construction

Wavez

434 Units

Dh200 million

Under Construction

Olivz

741 units

Dh400 million

Under Construction

Skyz

808 units

Dh475 million

Launched

Total 16 Projects

7,002 Units

Dh5 billion

Construction/ Delivery


Posted by : GoDubai Editorial Team
Viewed 5158 times
Posted on : Tuesday, October 26, 2021  
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of GoDubai.com.
Previous Story : Summary of Weekly Real Estate Transactions for the Week Ending 28 October 2021.
Next Story : Arbitration claims reached to approximately AED 3.5 Billion Latest developments on the arbitration c...
Email this article Print this article

Share this article with your friends and followers
NewsVine

Comments

Back to Top  
Most Viewed Press Release posted in the last 7 days
Swiss Arabian Launches New Unisex Fragrance Line to Honor the Region's Heritage ...
The OMEGA Trésor is Enlivened With a New Malachite Dial
Lulu Launches Campaign to Promote Local Products
Joyalukkas Announces Biggest Sale of Year for 5 Days!
Bernhard H. Mayer celebrates the 50th year of UAE; launches limited-edition watc...
Malabar Gold & Diamonds Launches its first Artistry Concept Store in Somajiguda,...
In limelight of a new Guinness World Record PACE Education Group
SEHA marked Commemoration Day across its Facilities
In Commemoration of the UAE's 50th National Day Ariel, Tide, and Bonux along wi...
Union Coop Pays Tribute to the Brave Martyrs on Commemoration Day 2021
Lincoln Marks the UAE's Golden Jubilee with a Unique View of the Country from 1,...
aswaaq Retail Celebrates UAE's 50th National Day with a Dedicated Store Fully Op...
Kanoo Machinery Showcases Innovative Machines, Equipment at Materials Handling O...
‘PLANET JAPAN BY M-TEchX' to Showcase Japanese Innovations at EXPO 2020 Site
National flag of Kazakhstan hoisted at EXPO 2020 Dubai
14 French companies visit Expo 2020 Dubai, UAE to export Normandy Region in the ...
CLIC-CLAC: A New Mark of Allure
Patchi Celebrates The Nation's Success Story on UAE Year of the Fiftieth
Sunny Varkey Launches Tmrw, a new Learning Operating System (LearnOS) for Global...
Team Abu Dhabi Primed for Big XCAT Title Battle After 222 Offshore Win Fujairah ...
Cartoon Network Middle East Study Reveals Increase in Cyberbullying During Pandemic
Angola's First Lady Empowers Senior Citizens With Project Dikota
Samsung Announces One UI 4 Update Rollout to further Enhance Galaxy Ecosystem Ex...
Newborns in Dubai Hospitals Receive Gifts and Car Seats to Mark 50th UAE National Day
Wizz Air Abu Dhabi Launches New Promotion as Part of UAE Golden Jubilee and Nati...
eLife celebrates UAE National Day with free speed upgrades for customers
Stunning “From Desert to Mars” NFT Artwork Collection Showcasing the UAE's Succe...
Summary of Weekly Real Estate Transactions for the Week Ending 30 November 2021.
Euro Cup Dragon Boat Championship to make its debut Outside of Europe at Dubai's...
NAMA Panel at Expo 2020 Promotes Gender Responsive Budgeting to Achieve Gender E...
Fatima bint Mohamed bin Zayed Initiative & UNHCR raise AED 263,625 for Women & ...
Samsung Electronics Sold One Million Units of ‘The Frame' in 2021
Aster Guardians Global Nursing Award worth US $250,000 Now Open for Nominations ...
SEHA announces operational hours for UAE National Day
Dubai Chamber to host Mohammed bin Rashid Al Maktoum Business Awards in December...
Ericsson Mobility Report Mobile data traffic increased almost 300-fold over 10 years
Team Abu Dhabi Ready for Showdown With Dubai Police in Fujairah
Live Healthier, Eat Better With LG Food of the Day Culinary Challenge
Upfill Partners With Azraq to Save & Protect the Environment
Brazil and UAE Close Ties
Ajman University's Research Output, Quality of Research Show Phenomenal Growth
22nd Fazza Championship for Youlah begins with a Grander Look and Stronger Compe...
The Swiss Pavilion and the Embassy of Switzerland in the UAE celebrated UAE 50th...
Nova Eyewear Unveils Innovative Eyewear Range for the Middle East Market
Choithrams to Showcase the Power of Education with Dubai Cares on UAE's 50th Ann...
Team Abu Dhabi Duo Plan Fight to the Finish as Dubai Police Extend Lead in XCAT...
Samsung Announces New Partnership with GQ Middle East ahead of 2021 Man of the Y...
Storytellers, Communication Experts and Advocates from the Development and Human...
FilMe Announces Strategic Ties with Ullu
SLC holds workshop attended by 38 Dubai Government entities to review legislatio...