GEMZ (60/40 Post Handover)

Nestled in Al Furjan, GEMZ is a luxury residential tower by Danube Properties, which was launched in Q2 2022. With pyramid-shaped architecture, the upcoming development is set to become a sensational landmark in this area. Prospective property buyers are welcome to choose from a collection of furnished studios and 1-3 bedroom apartments, alongside 2 and 3-bedroom duplexes, with living areas ranging from 410 sq. ft to 2,253 sq. ft.

The layouts, depending on the property type, may include an office and a study for the utmost convenience of homeowners. Three-bedroom properties consist of a maid’s room, a private terrace and a private swimming pool, offering a luxury lifestyle to all residents. According to the master developer, all apartments in the GEMZ residential tower will be sold furnished.

The starting price for a 1-bedroom apartment of 744 sq. ft amounts to AED 890K (USD 242K).

Location

GEMZ is located next to Yalais St/Jebel Ali-Al Hibab Rd, along the Sheikh Mohammed Bin Zayed Road and Mohammed Bin Zayed Road, providing hassle-free commutes around the emirate. Within a stone’s throw away, one can find the Al Furjan Manor Hotel bus station, which is perfect for those who opt to move around by public transport. Not forgetting Discovery Gardens Metro Station and Al Furjan Metro Station, which are both a 30-35 minute walk away, and are connected to the Expo 2020 Metro Station.

The upcoming development is adjacent to EAST40 by TownX Real Estate Development with ready-to-move 1 and 2-bedroom apartments. When buying a property here, you will be granted access to a swimming pool, a gym, and a sauna, as well as the dedicated male and female facilities.

It will take about 20 minutes’ to reach the following facilities from the GEMZ residential development:

• The Arbor School
• Carrefour Market
• Twisted Scissors Gents Salon
• Pet Nation
• Advanced Care Oncology Center
• F&B venues: Al Baalbaki and Mantaha Grill

On top of that, residents will have easy access to shopping malls and prestigious academic institutions, which will take no longer than 15 minutes to travel to. These can be found below:

• Dubai British School – Jumeirah Park
• The Winchester School
• Ibn Battuta Mall
• Festival Plaza, which houses Tashafi Clinic, alongside retail and F&B outlets.
• Al Furjan Clubhouse with a swimming pool, a multi-purpose sports court, and an aerobics studio.

Meanwhile, it will take a maximum of 35 minutes by car to reach Dubai International Airport and Al Maktoum International Airport.

Payment Plan:

During Construction: 50%

Handover in Q1 2025: 10%

40 Months Post-Handover: 40%