Cookie Consent by Privacy Policies Generator website Danube Properties announces the commercial launch of the Dh300 million project Pearlz in Al Furjan area : GoDubai.com
GoDubai
Zamzam.com OTA approved by Ministry of Hajj and Umrah Saudi Arabia. #UmrahSimplified
  
  
  
  
Citylife > Press Release
  Home Contact us Add to Favourites
Most Recent Postings
More Press Releses
Featured Sections

Latest Dubai Press Releases >> Real Estate

    Share
With 1,000 residential units, Pearlz will have amenities like Doctor on call, kids daycare with nanny on board and smart home, smart office with a personal secretary and anti current swimming pool, which will revolutionize the way gated community projects are developed in the region.
 
 
Date: Dubai, UAE, March 20, 2022
 
News Highlights
1. With 500,000 square built-up area and development value exceeding Dh300 million, Pearlz comes with value-added features that offers the best value for money;
 
2. Pearlz is the first real estate project to be launched in the UAE in 2022 – and the second project by Danube Properties to be launched within five months after launching the Dh 475 million Skyz project in Arjan in October 2021.
 
3. With Pearlz, Danube Properties development portfolio exceeds 8,000 units, with a combined value exceeding Dh5.3 billion. 
 
4. It has so far delivered 4,556 units with a combined sales value of Dh3.63 billion – nearly two-thirds of the entire portfolio value.
 
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 Pearlz, a residential project offering 1,000 residential units and a number of retail and recreational facilities with a development value exceeding Dh300 million.
 
The project will be developed in Al Furjan area close to Ibn Battuta mall with the easiest access to Sheikh Zayed Road and 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.
 
Pearlz is the first real estate project to be launched in the UAE in 2022 – and the second project by Danube Properties to be launched within five months after launching the Dh475 million Skyz project in Arjan in October 2021.
 
With Pearlz, Danube Properties development portfolio now exceeds 8,000 units, with a combined development value exceeding Dh5.3 billion. It has so far delivered 4,556 units with a combined sales value of Dh3.63 billion – nearly two-thirds of the entire portfolio value. 
 
“We launched our second residential project Pearlz within five months of launching Skyz in October last year. This demonstrates the return of investors in Dubai's real estate market and our firm conviction on the strong rebound of Dubai's real estate market from the pandemic,” Mr Rizwan Sajan, Founder and Chairman of Danube Group, says.
 
“The launch of Pearlz is in response to growing demand for affordable quality homes in Dubai, as the market remains under-served. We have carefully designed each home to offer maximum value per square feet, keeping in mind the need for space in each family. Pearlz offers the best value per square feet that money can fetch.
 
“We are a firm believer in the long-term sustainability of Dubai's real estate marker – this is more evident now, especially following the pandemic that halted all commercial activities in the real estate market for a short period during the lockdown in 2020. The market rebounded early last year, despite the second COVID-19 wave. However, international investor confidence returned faster than expected.”
 
Some of the salient features of the Pearlz project includes the foldable wall-mounted beds – that converts the living into a bedroom at night, when suspended from the wall. This creates an extra bedroom, converting a one-bedroom hall apartment into a two-bedroom apartment and a studio to a one-bedroom apartment. So, the customer gets a two-bedroom apartment, when paying for a one-bedroom apartment.
 
Among other perks, a three-bedroom apartment comes with a private pool, three parking spots for a 3bhk apartment and a balcony – something that is not available in most villas and townhouses. It also offers world-class amenities such as anti current swimming pool, kids pool, toddler pool, health cub, party hall, outdoor seating, shaded Yoga area, jacuzzi, sauna, barbeque area, kids outdoor play area, jogging track, outdoor party area, landscape with water features, the highlight of this project in terms of ammenties which cannot be found with any other developer in the region are, a doctor on call, kids daycare with nanny on board and smart home, smart office with a personal secretary and an anti current swimming pool, which will revolutionaze how gated community projects will be developed in the region. 
 
Two- and three-bedroom comes with store area, laundry as well as power room. It has its own chillers and chilled water system. The project is located near the metro station.
 
“The Dubai real estate market is looking up and the investor confidence is back, the government has eased all Covid-19 restrictions and PCR testing is no required to enter and exit Dubai which has made connectivity a breeze amongst its residents and investors alike,” Sajan said.
 
“This particular project is a bit different from the other projects and will have many luxurious elements in it including multiple amenities, the developer has been tight lipped about the same as the huge announcement will create ripples in the market.”
 
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

Delivered

Elz

275 Units

Dh130 million

Delivered

Mosque

One

Social Initiative

Delivered

Wavez

434 Units

Dh200 million

Under Construction

Olivz

741 units

Dh400 million

Under Construction

Skyz

808 units

Dh475 million

Launched

Pearlz

1,000 units

Dh300 million

Announced

Total 17 Projects

8,002 Units

Dh5.3 billion

Construction/ Delivery



Posted by : GoDubai Editorial Team
Viewed 12398 times
Posted on : Monday, March 21, 2022  
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of GoDubai.com.
Previous Story : Newest Géant Hypermarket Opens in Dubai Hills Mall
Next Story : Union Coop Receives Thailand Delegation
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