Danube Properties

Quick History Review

Danube Properties began in Diera Dubai as a single store more than a quarter century ago. They have since become an iconic name in the Middle East and one of the most trusted brands with a global presence. The company is currently supported by 2,500 staff. It is a multi-million dollar Group that is consistently increasing its annual revenue and international stronghold upheld by professionalism and integrity. The headquarters of Danube Group is located in Dubai and the company operates in 9 countries across Middle-East and Asia.

Danube Properties Office

Danube Properties is one of the most established developers in Dubai with projects that are recognized across the UAE region and the world. Danube projects include the Burj Al Arab, Shangri-La Hotel, Grand Hyatt, Burj Khalifa and Dubai International Airport. It is also the developer of the exceptionally successful projects that are sold out.

Groundbreaking Property Development

Danube Properties is an affordable housing developer and has launched three projects in 2019. The company reported a rise in sales last year and is developing 5,000 residential units worth $1 billion this year. Their launch is to capitalize on the affordable housing market in Dubai. Their goal is straightforward, build one development at a time.

Danube Properties

The residential concept offered at Danube Properties is groundbreaking. They design homes to the finest standard. Every unit is specific and suits the needs of the resident, whether it is 1BR or 2BR apartments or studio which comes fully furnished with a modern kitchen and the latest amenities. Danube not only focuses on comfortable, but also convenient homes.

Benefits of Investing in Property in Dubai

The real estate market in Dubai is one of the most transparent in the Middle East. The transparency makes it easier to trust the real estate developer. The real estate market is in 4th place worldwide, and Dubai is guaranteed to see amazing growth in the future.
The real estate market is diverse and buyers have plenty of options to choose from. The city caters to all your needs. And with so many investment options, your choices are endless.

Danube Properties Projects

You can make a fairly good rental income on Dubai off-plan properties. Some of the prominent areas to purchase property from, and in return rent them include Jumeirah Village, Dubai Sports City, Discovery Gardens, Dubai Marina, Downtown Dubai and Palm Jumeirah.
Dubai does not have income tax, which means your hard-earned money goes to your bank account. Investing in the real estate market in Dubai can be done without any government deductions.

List Of Projects By Danube Properties

FAQs

Here are some frequently asked questions that will help residents and non-residents make a significant decision on real estate investment.

How do I get a mortgage for a purchased property in Dubai?
There are many local banks, institutions and financial lenders who let buyers borrow against on and off-plan properties in Dubai. Each lender will have different rates and terms and conditions.

How about a pre-approved mortgage?
This is a preferred option for many buyers. Before you choose a property, lenders will calculate how much they can lend you. This allows you the freedom to browse through a wide selection of properties and settle for one which fits the budget.

If I purchase a home, am I entitled to a Residency Visa?
Yes, this is a possibility. However, there are immigration regulations you have to follow and if you meet a specific criterion, you will receive a residency visa which is renewable every three years.

How much will I be allowed to borrow?
Resident expatriates are allowed 70-80%, and non-residents are allowed between 60% and 70%. However, this depends on the lending institution and the type of property you are purchasing.

What happens to my property after my death?
If you are the sole owner of your property, you will need a will recognized by your country to ensure that your immediate family retains ownership. The will must have an Arabic translation and notarized at the local Embassy.

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Danube Properties