Rizwan Sajan with Manmeet Singh and Harmeet Singh. – The attached photo
Residential property prices in Dubai increased by 4.4 percent on average in the first eight months of the year.
Indian music duo Meet Brothers are the latest Bollywood celebrity to call Dubai home by investing in real estate – and through Danube Properties. Meet Brothers have just purchased apartments in their new Danube Properties project – the Skyz Tower – which launched in October 2021.
Meet Brothers – Manmeet Singh and Harmeet Singh – are Indian music duo from Gwalior, Madhya Pradesh. The brothers started acting in TV series and Bollywood Intervention, but after some hit songs, they chose music over acting. After that they started working as a music director in films.
Other than being a popular TV personality, Manmeet has also produced two TV series including a hit comedy series for Star Plus. While Harmit has done commercials and worked in Indian soaps such as Kahani Ghar Ghar Ki and Kkusum.
A lot of Bollywood celebrities have moved to Dubai like Sonu Nigam, Sajay Dutt, Madhavan, Nawazuddin Siddiqui as well as many other people who are planning to invest in real estate in Dubai.
“Dubai is a popular second home destination for Indian families who keep coming to this wonderful and vibrant city. It is a city that never sleeps and one will find anything and everything,” said Rizwan Sajan, founder and chairman of Danube Group.
“For Indians, the strong air connection with all major Indian cities, geographical proximity as well as the presence of a large Indian community are the main factors that make them choose Dubai over other cities to live in.
“The UAE offers unparalleled safety, security and a good quality of life – that is, it attracts global talent to relocate to the country – which has become a magnet for global celebrities and talent – especially Bollywood actors who are only 3.5 hours away from them.”
Danube’s latest project, which is AED 475 million, Skyz provides an ideal investment opportunity for investors who want to take advantage of the current low price and a higher premium within two years when prices rise to a high level.
The company expects to increase investor interest in the new project, which will be the focus of its marketing and sales campaign at the Cityscape Global Exhibition to be held at the Dubai Exhibition Center within the Expo 2020 district from November 9-11, 2021.
With prices starting at Dh399,000 for a studio, Dh599,000 for a one-bedroom apartment and Dh799,000 for a two-bedroom apartment, buyers can expect to receive the keys after paying half the amount within a 1 per cent monthly payment scheme – meaning they can start reaping rent after paying 50 Only percent of the property.
In other words, buyers can own the property for only 50 percent of the price – the remaining 50 percent they can pay off of the rental income! Buyers can contact the Danube Properties sales team at booth C61 at the Dubai Exhibition Center to take advantage of this opportunity.
“Skyz Tower is an ideal property for end users and investors as property prices are starting to rise due to high investor demand,” says Sagan.
Property buyers can expect to benefit from a 10 percent ROI, if they sell the property after two years as we will hand the building over to the buyers. As the market is showing an upward trend.
Recently the UAE government granted the 10-year Golden Visa to many Bollywood celebrities, such as Sonu Nigam, Sajay Dutt, Madhavan, Nora Fatehi, Kanika Kapoor, Manish Paul, Sunil Shetty, Shaan and Javed Jaffrey, and this has made ripples in Bollywood and has increased Investors are so confident, after being granted the UAE Golden Visa for 10 years, the Mitt brothers decided to invest in Skyz Towers by Danube Properties.
Residential property prices in Dubai rose 4.4 percent on average in the first eight months of the year, posting the highest annual growth rate since February 2015, according to real estate consultancy CB Richard Ellis (CBRE). Average apartment prices increased 2.5 percent, and average villa prices increased 17.9 percent, CBRE reported in a recent third-quarter market report.
Median home prices are rising at the fastest pace since February 2015, with transaction volumes up nearly 77 percent in August from a year earlier — up more than 56 percent compared to the same period in 2019, before the pandemic, according to CBRE.
Danube Properties, the leading UAE-based affordable housing company and one of the most dynamic and popular private property developers in the UAE, has recently launched Skyz Tower, a Mediterranean-style high-rise residential tower with elegantly designed apartments, retail and entertainment outlets . Facilities with a development value of more than 475 million dirhams.
The project will be developed in the masterplanned Arjaan complex in Dubai, near Miracle Gardens, opposite Motor City, Dubai Hills Estates and Dubai Hills Estate Mall with easy access to Mohammed Bin Zayed Expressway. The affordable homes come with a 1 per cent payment plan from Danube that helps middle-income renters and end-users buy their dream homes with ease.
The launch of the new residential tower comes a few days after the value of the land deal exceeded 100 billion dirhams in less than 9 months this year – as announced by the Dubai Land Department – driven by strong investor interest in real estate in Dubai.
Danube Properties recently handed over Bayes and Miracles, while the larger Lawn project which is currently being completed for handover will bring the number of delivered units to 4,281 with sales value exceeding Dhs3.5 billion by the end of this year. This will help cement Danube Properties’ reputation as one of the most successful developers in the UAE with the highest launch-to-delivery ratio.
Skyz Tower offers comprehensive amenities from retail corridors, game room, kids play area, state-of-the-art health club, outdoor gym, infinity pool, night pool with waterbeds, kids pool, outdoor jacuzzi, viewing deck and paddle tennis , gazebo, outdoor seating, water features, barbecue area, jacuzzi lounge, banquet hall with billiard room, business center and above all sky jogging track.
The Sky Jogging Track – the first of its kind in the area – is an elevated jogging path for the occupants of Skyz Tower, which will help residents maintain a healthy lifestyle – as well as a health club, gym and swimming pool. This reflects Danube Properties’ focus on offering the best lifestyle to homeowners, so that they can maintain a healthy life. – firstname.lastname@example.org
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