Connect with us

Real Estate

Danube Properties announces the launch of the Dh475 million Skyz Tower – the first project launch in Dubai after COVID-19

Skyz Tower will be developed at Arjan, close to the Miracle Gardens, with easy access to Mohammed Bin Zayed Highway

Published

on

Skyz Tower

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 ProjectsResidential UnitsSales ValueStatus
Dreamz171 TownhousesDh500 millionDelivered
Glitz Residence I151 UnitsDh187millionDelivered
Glitz Residence II151 UnitsDh188 millionDelivered
Glitz Residence III358 UnitsDh350 millionDelivered
Starz Tower454 UnitsDh300 millionDelivered
Glamz Residence426 UnitsDh270 millionDelivered
Miraclz Tower599 UnitsDh400 millionDelivered
Resortz Tower444 UnitsDh300 millionDelivered
Bayz463 UnitsDh450 millionDelivered
Jewelz463 UnitsDh300 millionUnder Construction
Lawnz1,064 UnitsDh550 millionUnder Construction
Elz275 UnitsDh130 millionUnder Construction
MosqueOneSocial InitiativeUnder Construction
Wavez434 UnitsDh200 millionUnder Construction
Olivz741 unitsDh400 millionUnder Construction
Skyz808 unitsDh475 millionLaunched
Total 16 Projects7,002 UnitsDh5 billionConstruction/ Delivery
Continue Reading
Advertisement
Advertisement

Latest

IKEA Turkey Takeaway IKEA Turkey Takeaway
Food & Beverages1 hour ago

Enjoy a Fuss-Free Hearty Turkey Feast from IKEA 

The offer is valid until 2nd January for a special price of Dhs 275 for IKEA Family members.

Dronisos Dronisos
Expo 2020 Dubai16 hours ago

Dronisos lights up the Dubai skies in celebration of UAE’s Golden Jubilee 

The biggest achievement and main highlight for Dronisos is the exclusive collaboration created with Expo 2020 Dubai.

Expo Centre Sharjah Expo Centre Sharjah
News1 day ago

Expo Centre Sharjah receives high-level diplomatic delegation from Kyrgyzstan

The delegation was received by HE Saif Mohammed Al Midfa, CEO, Expo Centre Sharjah.

The Zone The Zone
News1 day ago

The Zone, the complete family entertainment center opens at The Circle Mall in JVC

Opening at The Circle Mall in Jumeirah Village Circle, The Zone offers an exciting experience for toddlers, kids and adults...

BITS Pilani Dubai Campus BITS Pilani Dubai Campus
Education1 day ago

Empowering women to join STEM sector, BITS Pilani Dubai Campus announces affiliation with Society of Women Engineers

SWE a global organisation with 80+ affiliates worldwide to establish their footprint in Middle East through BPDC.

Thumbay Medicity Thumbay Medicity
Food & Beverages1 day ago

Chinese Restaurant Hello Panda opens at Thumbay Food Court-Thumbay Medicity

Thumbay Food Court all set to become new food destination of Northern Emirates.

Daniel Ebo Daniel Ebo
Hospitality1 day ago

Aleph Hospitality expands corporate management team with the appointment of Daniel Ebo as Vice President Sales 

Daniel Ebo joins the executive team in Dubai to facilitate the growth of the company’s sales teams and to drive...

Savills Office Fit Survey Savills Office Fit Survey
News1 day ago

Savills Office Fit Survey: Office environments continue to be vital for successful business operations 

The majority of participants found tasks such as reviewing documents and conducting phone or video calls to be better done...

Hotel Indigo Dubai Hotel Indigo Dubai
Food & Beverages1 day ago

Hotel Indigo Dubai celebrates the Art of Festive

Hotel Indigo will be hosting different parties with F&B offerings to suit your mood in its venues Open Sesame, Orange...

The Oberoi Beach Resort, Al Zorah The Oberoi Beach Resort, Al Zorah
Hospitality1 day ago

Ring in the festive season at The Oberoi Beach Resort, Al Zorah

Enjoy a season of celebration with festivities at the luxurious Ajman hotel, running throughout December and into January

The meeting began with the EPA’s President, Ali Obaid bin Hatem, as well as other board members extending their congratulations to HH Sheikh Khalifa bin Zayed Al Nahyan, The meeting began with the EPA’s President, Ali Obaid bin Hatem, as well as other board members extending their congratulations to HH Sheikh Khalifa bin Zayed Al Nahyan,
News4 days ago

EPA lays foundations of its 2022 projects; celebrates UAE’s Golden Jubilee

The meeting began with the EPA’s President, Ali Obaid bin Hatem, as well as other board members extending their congratulations...

Sharjah National Park Sharjah National Park
News1 week ago

A grand start to UAE’s 50th National Day celebrations at Sharjah National Park

SNP wore a festive look with several stands and kiosks manned by a number of government entities showcasing UAE culture...

Ajman Free Zone Ajman Free Zone
News1 week ago

First-ever ‘Made in AFZ’ exhibition ends on a high note

The exhibition attracted 30 participating entities, where various activities were held including promotional activities, presentations, four interactive workshops and four-panel...

The Scottish Association Dubai The Scottish Association Dubai
News1 week ago

The Scottish Association Dubai Pipe Band and Dubai Police Band drum up a show at Dubai Expo 2020 to mark Scotland’s national day

The bands brought together people with a shared passion for Scottish culture, and celebrated by performing both traditional and modern...

Emirati Performers at the UAE Pavilion Emirati Performers at the UAE Pavilion
Expo 2020 Dubai1 week ago

Expo 2020 Dubai announces free access for all visitors to celebrate UAE’s Golden Jubilee on 2 December

Entire Expo 2020 site opens to the public without any charge on National Day

Trending