Danube Properties Launches €602M Diamondz Project in Dubai’s JLT

Diamondz Project in Dubai’s JLT

by Victoria Garcia
3 minutes read
Diamondz by Danube: €602M Luxury Project in Dubai JLT

Danube Properties, one of Dubai’s leading private developers, has unveiled its latest premium residential development — Diamondz, located in the prestigious Jumeirah Lake Towers (JLT) area. The project is valued at approximately €602 million, making it one of the largest and most ambitious residential projects currently underway in the emirate.

Architecture and Residential Offering

Inspired by the brilliance and structure of a diamond, the 65-storey high-rise will feature sleek, modern architecture and luxurious interiors. The tower will offer:

  • Studios – starting from €185,000
  • 1-bedroom apartments – from €235,000
  • 2-bedroom apartments – from €330,000
  • 3-bedroom apartments – from €430,000
  • 4-bedroom apartments – from €580,000

Unit sizes range from 38 to 183 square meters. All residences will come fully furnished with high-end fittings, integrated appliances, smart home systems, and elegant finishes.

Resort-Style Amenities

Diamondz will provide residents with access to more than 40 lifestyle amenities, including:

  • An infinity swimming pool with panoramic views
  • A state-of-the-art fitness center
  • Yoga and pilates decks
  • Rooftop open-air cinema
  • Full-service spa and massage rooms
  • Barbecue and lounge areas
  • Indoor and outdoor children’s play zones
  • Sky observation deck for stargazing

The project will also feature cafes, retail outlets, co-working spaces, and concierge services to meet the lifestyle needs of modern urban residents.

Prime Location and Connectivity

Strategically located in Jumeirah Lake Towers (JLT), Diamondz benefits from excellent access to Dubai’s key business and leisure zones. Residents will be within walking distance of the DMCC Metro Station and just minutes from Dubai Marina, Palm Jumeirah, and Downtown Dubai.

JLT is renowned for its picturesque lakes, green parks, schools, clinics, and vibrant community life — making it an ideal area for families, professionals, and investors alike.

Flexible Payment Plan

Danube Properties is offering a competitive and flexible payment scheme:

  • 10% on booking (starting from €18,500)
  • 70% payable during construction (from €130,000)
  • 30% upon handover (from €55,500)

The project is scheduled for completion by Q4 2027, providing ample time for staged payments and investment planning.

Investment Potential

Dubai’s residential property market continues to thrive in 2025, with high rental yields and growing demand from both local and international buyers. Diamondz is expected to generate annual rental returns of up to 8–9%, particularly for 1- and 2-bedroom units.

The project’s prime location, branded finish, and integrated lifestyle amenities make it an attractive option for investors looking to maximize long-term value and rental income.

Developer Reputation

Danube Properties, a subsidiary of the Danube Group, has established a strong reputation for delivering high-quality residential developments across Dubai. Its previous successful projects include:

  • Elitz
  • Gemz
  • Viewz
  • Skyz
  • Lawnz

The developer is known for offering ready-furnished apartments, competitive pricing, and one of the most flexible post-handover payment options in the region.

Market Context

Dubai continues to attract global property investors thanks to its tax-free environment, open residency policies, and strong infrastructure. In 2025, demand remains especially high in well-connected neighborhoods like JLT, where lifestyle and location combine to deliver strong investment returns.

With increasing foreign interest — particularly from Europe, Russia, India, and China — residential properties in Dubai are seen as both a secure asset and a lifestyle upgrade.

Conclusion

Diamondz by Danube Properties represents a new benchmark in luxury residential living in Dubai. The project combines striking architecture, five-star amenities, a flexible payment plan, and a prime address in one of the city’s fastest-growing districts.

Whether for personal use or as an investment, Diamondz offers an unparalleled opportunity to own a piece of modern Dubai — where design, comfort, and profitability converge in one glittering tower.

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