DUBAI / GULF TIME
Danube Properties has partnered with the Dubai Department of Economy and Tourism (DET) and the Dubai Land Department (DLD) to support the launch of a dedicated First-Time Home Buyer (FTHB) initiative, aimed at making homeownership more accessible in Dubai.The program aims to support both Emiratis and expatriates in stepping onto the property ladder by offering unmatched flexibility and affordability. As part of the initiative, Danube Properties has allocated 10% of its residential units exclusively for first-time home buyers.
Key Features of the FTHB Initiative Include:
- Exclusive Pre-Launch Access: First-time buyers will receive priority access to select units before public launch, ensuring the best availability and options.
- Only 60% Payable Before Handover: Buyers need to pay just 60% of the total property value before receiving the keys, easing upfront financial commitments.
- Flexible 1% Monthly Payment Plan: This program complements Danube’s industry-first 1% monthly payment scheme, which has reshaped affordability in Dubai’s real estate sector.
By combining these benefits, the initiative removes traditional barriers to property ownership, such as large down payments and rigid financing options, making it easier than ever for residents — especially young professionals and families — to step onto the property ladder. 5 top banks have joined hands to make this possible.
Supporting Dubai’s Vision of Growth and Investment
The First-Time Home Buyer initiative is in line with Dubai’s broader economic goals, as envisioned by the Dubai 2040 Urban Master Plan, which aims to make Dubai the best city in the world to live and work in. Encouraging property ownership is a key driver of long-term investment, community stability, and economic resilience.
Rizwan Sajan, Founder and Chairman of Danube Group, said:
“This initiative is a game-changer for aspiring homeowners who’ve been waiting for the right opportunity. Our flexible plans and on-time project delivery have already made us the preferred brand for smart investors — and now, we’re going one step further by enabling first-time buyers to take that all-important step with confidence.
Danube’s Track Record of Innovation and Trust
With an unmatched reputation for delivering quality homes ahead of schedule, Danube Properties continues to raise the bar in customer-focused real estate development. Its 1% monthly payment plan, over 40 amenities offered within communities, and fully furnished apartment offerings have set industry benchmarks.
Danube has also consistently supported government initiatives, including those aimed at attracting foreign investment, retaining talent, and strengthening Dubai’s position as a global destination for living and working.
Danube Properties
Danube Properties has launched 35 projects, successfully delivered 18, with another 17 currently in various stages. Each project showcases exceptional construction quality, state-of-the-art equipment, and top-tier home interior finishes.These projects include , Gemz, Pearlz, Jewelz, Wavez, Eleganz, Olivz, Elz, Lawnz, Bayz, Miraclz, Resortz, Glamz, Starz, Glitz 3, Glitz 2, Glitz 1, and Dreamz. Our developments are designed to offer luxury at affordable prices, attracting significant interest from mid-income buyers and leading to many of our projects being completely sold out.
Since the inception, Danube Properties’ ventures have achieved remarkable success. The combination of affordable pricing, flexible payment plans, strategic locations, and an array of modern amenities has made our properties highly desirable. Currently, Danube Properties holds an impressive book value with construction spanning over 25.5 million square feet. Our projects continue to set new standards in the real estate market, delivering exceptional value and quality to our customers.