Gemz — project image
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Gemz

From AED 2.02M·Completed Mar 2025·100% down payment Payment
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AED 2.02M
Starting Price
Mar 2025
Handover
100% down payment
Payment Plan
1 BR · 2 BR
Type

Project Overview

Gemz is a residential development by Danube Properties located in Al Furjan. The project stands out for its distinctive pyramid-shaped architecture, designed to become a new landmark of the city. The building configuration includes a ground floor, a podium level, fourteen residential floors, a roof, and an upper roof. Its contemporary exterior is enhanced by panoramic glazing, offering residents impressive views of the city skyline. The development features elegantly furnished studios, as well as one-, two-, and three-bedroom apartments, in addition to luxurious duplex residences. A key highlight of the project is the presence of private pools in selected units, along with refined interior finishes. The infrastructure offers a wide range of amenities, including a cricket field, yoga center, open-air cinema, modern beauty salon, gym, and fitness center. For families with children, the development provides a nursery with nanny services and a modern playground. A communal swimming pool is also available on the premises. The location ensures excellent connectivity to key destinations: the metro station is just 2 minutes away, Discovery Gardens and Sheikh Zayed Road — 4 minutes, Ibn Battuta Mall — 7 minutes, NMC Royal Hospital — 8 minutes, and Al Maktoum International Airport — 10 minutes.

Project Specifications
DeveloperDanube Properties
LocationAl Furjan
Unit Types1 BR, 2 BR, Apartments
AreaAl Furjan
Ownershipfreehold
Rental analysisSee scenario below

Illustrative Rental Scenario

Hypothetical completed-property scenario, not a forecast, valuation or financing offer: 6.5% gross rental yield, 6% acquisition-cost allowance, 60/40 debt/equity, 5.5% interest-only debt cost, 4% vacancy, 5% management, 1.2% service charge proxy and 0.4% maintenance. Service charge and maintenance are percentages of the purchase price; vacancy and management are percentages of gross rent. Rental income assumes the property is completed and let. Construction delays, price changes, sale proceeds and loan principal repayment are excluded. Confirm project-specific rents, costs and financing before relying on a scenario. For a live bespoke model, use our financial analysis calculator.

Scenario Cap Rate
4.3%
NOI AED 87,292 / year
Cash-on-Cash
2.2%
Levered cashflow AED 20,533
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 930,580 / annual levered cash flow. Excludes time before letting.

Pricing and Area Research

Starting prices are project indications, not confirmed unit offers. Ask for current availability, a unit-specific price and size, service charges and dated comparable transactions before deciding.

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Gallery

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Astraterra Properties

Official Documents

Download official marketing materials from Danube Properties.

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Payment Structure

100% down payment

Published payment summary

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Amenities & Lifestyle

Beauty Salon
Children’s pool
Concierge Service
Dining outlets (coffee houses & restaurants)
Kids Club
Kids Play Area
Leisure areas
Lift
Lobby
Nanny
Outdoor cinema
Parking
Pool Deck
Private pool
Recreational areas
Security and CCTV
Shared Pool
Shared gym & fitness
Social zone
Sunken Seating
Walking paths
Yoga studio

Location

Al Furjan

Nearby Destinations

Al Furjan

Developer and Project Facts

01

Gemz by Danube Properties

02

Located in Al Furjan

03

Starting from AED 2,023,000

04

Unit mix includes 1 BR, 2 BR, Apartments

05

Expected handover: Mar 2025

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

Available for Resale

Ready-to-move units · Direct from owner · Verified by Astraterra

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RERA Registered
Qualified Buyer Flow
Property Enquiries

Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae

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