Danube launches 1,000 unit affordable housing project in Dubai
Project follows the launch of the $129m Skyz project which is also taking shape in the Arjan community
Danube Properties has launched Pearlz, an affordable housing project featuring 1,000 apartments. The $82m residential project will feature retail and recreational facilities and will take shape in the Al Furjan area, close to Ibn Battuta mall.
According to a statement, Pearlz is the first real estate project to be launched in the UAE this year and the second by the group within five months, following the launch of its $129m Skyz project in the Arjan community.
The developer noted that the apartments feature foldable wall-mounted beds, which convert the living room into a bedroom. Danube said this effectively creates an extra bedroom, converting a one-bedroom hall apartment into a two-bedroom apartment and a studio to a one-bedroom apartment.
“This 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 sqft, keeping in mind the need for space in each family,” said founder and chairman Rizwan Sajan.
Sajan noted the project differs from the norm as it boasts several luxurious elements including multiple amenities.
“Among other perks, a three-bedroom apartment comes with a private pool, three parking spots for a three BHK apartment and a balcony – something that is not available in most villas and townhouses. It also offers key amenities such as 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,” explained Sajan.
A key highlight at the development is 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 revolutionise how gated community projects will be developed in the region, he concluded.
