Gemz
✓ Resale Available

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
Est. ROIContact Astraterra for area-specific ROI guidance

Investor Return Snapshot

Base-case underwriting using Astraterra's current Dubai assumptions: 65/35 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 7% annual appreciation. For a live bespoke model, use our financial analysis calculator.

Projected Cap Rate
4.3%
NOI AED 87,292 / year
Cash-on-Cash
1.8%
Levered cashflow AED 20,533
Base-Case IRR
10.3%
5-year hold, levered
Payback Period
16.4 yrs
Gross rent AED 131,495 / year

Comparable Sales Context

Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.

BenchmarkAED / sq ftIndicative TicketContext
Gemz launch basis2,248AED 2.02MCurrent launch / asking basis
Al Furjan ready-stock comps1,100AED 990,000Indicative resale benchmark
Al Furjan premium peer launches1,350AED 1.22MNew-launch peer set
Trophy alternative proxy1,550AED 1.40MHigher-end anchor for negotiation context

Gallery

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Gemz official render 1

Gemz official render 1

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Gemz official render 10

Astraterra Properties

Official Documents

Download official marketing materials from Danube Properties.

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Payment Structure

100% down payment

Flexible Payment

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Floor Plans

Gemz — 1 Bedroom Floor Plan

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

Dubai Mall — 20 mins
Dubai International Airport — 25 mins
Downtown Dubai — 15 mins
Sheikh Zayed Road — 10 mins
Al FurjanAl FurjanDubai, UAE

Developer Track Record

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

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