Diamondz by Danube – Apartments in Jumeirah Lake Towers, Dubai

Diamondz by Danube – Project Overview

Developer

Diamondz is a residential tower developed by Danube Properties, part of the Danube Group, which dates to 1993. According to the developer, it has 1,219 apartments and is off-plan, with completion shown as November 2027; Gulf News reported in April 2024 that it is a 65-storey tower.

Location

Diamondz is in Jumeirah Lake Towers (JLT), Dubai. The developer’s project page gives travel times of 2 minutes to DMCC metro station and 10 minutes to Marina Walk.

Residential Units

Diamondz by Danube features a wide range of fully furnished units, designed with elegance, smart layouts, and functionality in mind:

• Studios

• 1-Bedroom Apartments

• 2-Bedroom Apartments

• 3-Bedroom Apartments

• 4-Bedroom Apartments

Unit Sizes: Approximately from 400 sq. ft. to 1,400+ sq. ft.

Interior Features:

• Fully furnished with designer furniture

• Modern, modular kitchens with branded appliances

• Marble-finish flooring and premium fixtures

• Floor-to-ceiling windows with views of the city and water

Pricing & Investment Highlights

Starting Prices:

• Studios from AED 1.1 million

• 1-Bedroom units from AED 1.75 million

• Apartments with private pools from AED 2.1 million to AED 5.3 million

Estimated Rental Yields:

• Studios: ~6.5%

• 1-Bedroom: ~6.1%

• 2-Bedroom: ~5.8% – 6.0%

Flexible Payment Plan:

• The developer’s project page shows a 30/70 payment plan and promotes its 1% monthly plan

• The page does not set out the plan terms for Diamondz; confirm the schedule with the developer before reserving

Amenities & Lifestyle

Wellness:

• Infinity pool

• Gym with Being Strong equipment, according to the developer

• Aquatic gym and rain shower

• Sky deck yoga and spa

Entertainment & Family:

• Party hall

• Kids’ pool

• Padel tennis

• Skating rink and sky golf

Connectivity

• 2 minutes to DMCC Metro

• 10 minutes to Marina Walk

• 5 minutes to Top Golf

• 7 minutes to Ain Dubai

• 15 minutes to Dubai Marina Mall

Bottom Line

Diamondz by Danube is an off-plan tower in Jumeirah Lake Towers with 1,219 apartments, according to the developer, with studios from AED 1.1 million. Foreign buyers can hold freehold title in JLT. A purchase valued at AED 2 million (about $545,000) or more can support a 10-year UAE Golden Visa application; studios and one-bedroom apartments at the developer’s starting prices sit below that figure, while private-pool apartments sit at or above it. See our full guide to investing in Dubai property for more on the market and the visa process.