Dubai’s Skyz Tower Set to Become Great 2nd Home Asset
Danube Properties’ latest project, the Dh475 million Skyz provides an ideal investment opportunity for investors who want to benefit from the current low price and a higher premium in two years’ time when prices appreciate to a high level.
The company expects greater investor interest in the new
BY
Realty Plus Published -
Wednesday, 10 Nov, 2021
Danube Properties’ latest project, the Dh475 million Skyz provides an ideal investment opportunity for investors who want to benefit from the current low price and a higher premium in two years’ time when prices appreciate to a high level.
The company expects greater investor interest in the new project, which will be the focus of its marketing and sales campaign at the Cityscape Global exhibition that takes place at the Dubai Exhibition Centre within the Expo 2020 district from November 9 to 11, 2021.
With prices starting from Dh399,000 for a studio, Dh599,000 for a one-bedroom apartment and Dh799,000 for a two-bedroom flat, buyers can expect to receive the keys after paying half of the amount through a 1 percent monthly payment scheme – meaning they can start earning rents after paying only 50 percent of the property.
In other words, buyers can own the property with only 50 percent of the price – the rest 50 percent they can pay from the rental income! Buyers can approach Danube Properties sales team at their Stand No C61 at the Dubai Exhibition Centre in order to benefit from the opportunity.
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 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.