FIND THE RIGHT PROPERTYDMCC, the world’s flagship free zone and authority on commodities trade in Dubai, has joined forces with Danube Properties to launch "Diamondz by Danube," an upscale residential development within the bustling Jumeirah Lakes Towers (JLT) District. Valued at $545 million, this ambitious project comprises twin 65-storey towers that will add 1,200 high-end residential units across a built-up area of 1.7 million square feet.
"The $545 million development introduces 1,200 new residential units to the area, following the successful sale of the Viewz residential units, DMCC and Danube's initial joint venture in JLT’s Cluster K"
Perfectly positioned adjacent to DMCC's Uptown Dubai district, "Diamondz by Danube" is set to further elevate JLT's profile as one of Dubai's premier mixed-use communities. This project marks another milestone in the successful partnership between DMCC and Danube Properties, building on the triumph of their earlier project "Viewz," which quickly achieved full occupancy.
Ahmed Bin Sulayem, Executive Chairman and CEO of DMCC, expressed his enthusiasm about the new launch, stating that the demand for premium residential property in JLT has never been higher. He highlighted that "Diamondz by Danube" will not only meet this growing demand but also enhance the overall quality of life for its residents and attract new levels of investment.
Rizwan Sajan, Founder and Chairman of Danube Group, shared his insights on the strategic benefits of the development. He emphasized that the partnership with DMCC allows Danube Properties to create a compelling offering for both investors and homebuyers, drawn to JLT's strategic location and the comprehensive amenities it offers.
"Diamondz by Danube" is a key component of DMCC’s ongoing strategy to enrich its portfolio and catalyze community growth. The project aligns with DMCC’s broader goals of expanding Dubai’s real estate market, attracting foreign direct investment, and maintaining its status as a leading global destination for business and luxurious living.
Payment Plan: 70:30
Handover: Nov 2027 
