The project is being built by Danube Properties in Al Furjan district. Upon completion in 2025, the complex will be a 14-story pyramid-shaped building.
In the new building you can buy studios and apartments with different layouts with one, two or three bedrooms.
All apartments feature high quality finishes, complete furnishings, plumbing, fitted kitchen, spacious balcony or large terrace. Three bedroom apartments can additionally include a maid’s room and private swimming pool. Floor plans with an office are also available.
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This pyramid-shaped design will make this building one of the landmarks of the area.
The views from the windows of the building open up to the surrounding parks and villas immersed in the greenery.
Installment | Stage | Payment |
---|---|---|
1st instalment | During construction | 50% |
2nd installment | On transfer in 1K 2025 | 10% |
2nd installment | 40 months after handover | 40% |
GEMZ is located close to the main highways, which makes it easy to get to other areas of the city.
Al Furjan has a good public transportation network. Buses and subways are available to locals.
Central areas such as Downtown Dubai with its famous musical fountain and the Burj Khalifa Heights, Dubai Marina with its marina and yacht club are within half an hour drive from the new residential complex.
Al Maktoum Airport is a 38-minute drive away.
Studios and apartments in the new development are a great option for those looking for a safe investment.
Investments in real estate in GEMZ residential complex will help to receive a stable passive income. You can save a lot of money by buying a home at the stage of construction. Renting out the property will bring good profits and help quickly recoup your investment.
The district of Al Furjan is a freehold area. This means that foreigners can buy here on the rights of unlimited ownership.
According to experts, the apartments with one bedroom in the new housing estate can bring the owner about 7% of the profit a year. This is a very good indicator for the rental real estate market.
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