Diamondz by Danube
A 65-storey fitness-themed tower in Jumeirah Lake Towers, launched May 2024. Handover is due November 2027.
Short answer
Diamondz by Danube is due for handover in November 2027, a date given consistently by Danube's own project page, Propsearch and Bayut. It launched in May 2024 from AED 1.1 million, with construction starting in September 2024. As of September 2026 the project remains under construction, with no handover reported.
- Status
- under construction
- Handover
- November 2027 (Q4 2027)
- Payment plan
- 10/50/10/30 (booking / construction / handover / post-handover)
- Starting price
- From AED 1.1M (launch, May 2024)
Launched
May 2024
Danube, Propsearch
Construction started
Sep 2024
Propsearch
Launch price, studio
From AED1.1M
Danube
Recent 1-bed transactions (2026)
AED 2.06M to 2.08M
Propsearch, Sep 2026
When will Diamondz by Danube be handed over?
| Source | Published handover | Date checked |
|---|---|---|
| Danube Properties, own page | November 2027 | Accessed Sep 2026 |
| Propsearch | November 2027 | Updated 17 Sep 2026 |
| Bayut | Q4 2027 | Accessed Sep 2026 |
Danube’s own page, Propsearch and Bayut all agree on a Q4 2027 handover, roughly three and a half years after the tower launched in May 2024 and construction began in September 2024. As of September 2026 the project remained under construction, with no handover reported.
What is the Diamondz by Danube payment plan?
Bayut’s building guide gives the fullest breakdown: 10% at booking, 50% during construction across instalments 2 to 36, 10% on handover, and the remaining 30% spread over 30 months after handover at 1% a month. Danube’s own portfolio page describes the plan in simpler terms as a flexible structure with instalments of around 0.5% of the price a month, so the two descriptions do not fully match and buyers should confirm the exact schedule in their contract.
Worked example, using Bayut’s plan and the studio launch price of AED 1.1 million:
| Stage | Amount |
|---|---|
| 10% on booking | AED 110,000 |
| 4% DLD registration fee (paid at booking) | AED 44,000 |
| Total due at booking | AED 154,000 |
| 50% during construction | AED 550,000 |
| 10% on handover | AED 110,000 |
| 30% post-handover, over 30 months | AED 330,000 |
This example uses the tower’s published launch price and Bayut’s version of the plan. It is not a quote for a specific unit.
What do homes at Diamondz by Danube cost?
Launch prices in May 2024 started from AED 1.1 million. Transactions recorded between August and September 2026 show one-bedroom units at AED 2.06 million to AED 2.08 million, two-bedroom units at AED 2.22 million to AED 2.75 million, three-bedroom units around AED 3.62 million, and commercial shops up to AED 8.87 million. These are resale and later transaction prices rather than a direct comparison with the original studio launch price.
Who is the developer and what is its handover record?
Danube Properties says it has completed 16 projects to date, with 16 more under construction, and has publicised early handovers including Pearlz, delivered six months ahead of schedule in 2024. In July 2026 it announced 11 projects due for handover within the following 12 months. No delay has been reported for Diamondz specifically, and its published handover date has stayed at Q4 2027 across Danube’s own page, Propsearch and Bayut.
What to check before booking
- The exact payment schedule for your unit, since Danube’s own description and a portal building guide give different versions of the plan.
- The DLD project status for the building, through the Dubai Land Department’s project status enquiry service.
- How the 4% DLD fee is billed alongside your instalments, since Danube’s public materials do not set this out project by project.
- The balance due after handover, since 30% of the price falls due over the 30 months following delivery under the plan Bayut describes.
Questions buyers also ask
When is Diamondz by Danube due for handover?
November 2027, per Danube's own project page, Propsearch (updated 17 Sep 2026) and Bayut, which all give the same Q4 2027 target.
Has Diamondz by Danube been delayed?
No delay has been reported by major UAE news outlets, Danube's own project page, Propsearch or Bayut. All three, checked in September 2026, give the same handover quarter as when the project launched.
What is the payment plan for Diamondz by Danube?
Bayut's building guide lists 10% at booking, 50% during construction (instalments 2 to 36), 10% on handover, and the remaining 30% over 30 months after handover at 1% a month. Danube's own portfolio page describes the plan more simply as a flexible 0.5% monthly structure, so confirm the exact schedule for your unit before booking.
How much have prices risen since the May 2024 launch?
Studios launched from AED 1.1 million. Transactions recorded in August and September 2026 show one-bedroom units trading between AED 2.06 million and AED 2.08 million, and two-bedroom units up to AED 2.75 million, though these compare different unit types and sizes, not a direct like-for-like rise.
How many homes does the tower have?
1,219 apartments across 65 storeys, plus commercial shops, according to Danube's own portfolio page.
What is Danube Properties' handover record on its other projects?
Danube says it has delivered 16 projects to date, some ahead of schedule, including Pearlz six months early in 2024, with 16 more under construction and 11 due for handover within 12 months of its July 2026 announcement. See the separate review of Danube's handover record for detail.