DIAMONDZ
Apartments

Diamondz

Diamondz is a 65-storey Danube tower in Jumeirah Lake Towers, holding around 1,200 apartments from studios of about 409 sq ft to 4-bedroom homes near 1,959 sq ft. It stands at the DMCC end of the district, beside the Uptown Dubai commercial cluster. Handover is Q4 2027, with part of the price deferred past completion.
Developer
Danube
Project location
Jumeirah Lakes Towers (JLT), Dubai
Launch
Q2 2024
Handover
Q4 2027
Payment plan
10% On Booking, 50% After Booking, 30% Upon Handover, 10% Post Handover
Expected ROI
8
1 141 000 AED ≈ 308 070 USD

Diamondz rises 65 storeys in Jumeirah Lake Towers, a district that filled up two decades ago at roughly half that height. Around 1,200 apartments sit inside it, from studios to 4-bedroom homes. Everything a resident needs in JLT was built years ago, so what this tower is really selling is the one thing the district cannot supply from its existing stock: elevation.

The tallest thing in a district built out 20 years ago

JLT went up through the 2000s as a grid of towers mostly in the 30 to 45 floor range, arranged around a chain of artificial lakes. Packed that tightly, a great many of those apartments look straight into the building opposite. At 65 storeys Diamondz clears that entirely across its upper half, which turns the lakes, Dubai Marina, Ain Dubai and the open sea beyond into the ordinary outlook rather than the exception.

The range inside runs from studios of about 409 sq ft through 1-bedroom layouts near 732 sq ft to 4-bedroom apartments approaching 1,959 sq ft, so the tower covers everything from a first purchase to a family home. The honest counterweight is the same figure that makes it work: roughly 1,200 homes arriving at once, into a district that already holds some 80 towers. New supply on that scale has to be visibly better than what surrounds it, because it competes with a very large second-hand market a few minutes’ walk away.

Nothing here is waiting to be built

JLT is the DMCC free zone, and that free zone is one of the busiest business registries in the region, which means much of the district’s tenant demand is generated inside its own boundaries. The lakes, the parks, the supermarkets, the clinics and several hundred restaurants have been running for years. So has the Red Line: JLT has its own metro station, and this is one of very few current Dubai launches where a resident can reach Downtown or the airport without a car.

Alongside it, DMCC is extending into Uptown Dubai, a new commercial cluster whose first tower is already open. That places office workers immediately next to the building rather than a drive away, which is exactly the demand a residential tower wants on its doorstep. The coast is close too, with Ain Dubai and the beaches at Bluewaters and the Marina a couple of kilometres off.

Danube’s terms, and what is worth verifying

Danube built its business on making off-plan reachable for salaried buyers rather than cash investors: a small booking amount, payments broken into small regular instalments, and part of the balance falling after the keys. Diamondz follows that pattern, taking 10% at booking, 50% across construction, 30% at handover and the last 10% afterwards. It is a schedule built for someone paying out of income rather than capital, and that shapes who ends up owning in the building.

Construction began in September 2024 and completion is set for late 2027, so the tower is well into its programme rather than sitting at the drawing stage. Units inside the project have also been changing hands during 2026, which gives an unusually solid reference for what the market pays here floor by floor. Gorilla Real Estate Dubai can set those figures against the current release list and show where the clear view actually begins, since in a tower this tall that line is worth more than anything else on the plan.

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Project location

Area
Dubai
Latitude
25.064061° N
Longitude
55.140907° E
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Key destinations

Dubai International Airport
DXB Airport

The world's busiest international airport — seamless global connectivity for residents and investors.

Burj Khalifa
Burj Khalifa

The world's tallest tower at 828 m — the defining icon and address benchmark of Downtown Dubai.

Atlantis, The Palm
Atlantis

The landmark resort at the crown of Palm Jumeirah — a world-class destination in its own right.

The Dubai Mall
Dubai Mall

The world's most-visited mall — 1,200+ stores, a giant aquarium, and iconic Dubai Fountain views.

Ain Dubai
Ain Dubai

The world's tallest observation wheel at 250 m, with sweeping 360° views from Bluewaters Island.

Mall of the Emirates
Mall of the Emirates

Home to Ski Dubai — the region's first indoor ski slope — with 600+ retail and dining options.

Souk Madinat Jumeirah
Souk Madinat Jumeirah

A luxury waterway souk with boutiques and acclaimed dining, framed by the Burj Al Arab.

Burj Al Arab
Burj Al Arab

The world's most iconic luxury hotel — a sail-shaped symbol of Dubai's ultra-premium hospitality.

About Jumeirah Lakes Towers (JLT)

Jumeirah Lakes Towers is a high-density mixed-use district directly across Sheikh Zayed Road from Dubai Marina — same location premium, structurally lower price point. Over 80 towers sit across four man-made lakes, with a metro station at the centre and direct access to the Marina Walk. Off-plan and resale apartments here deliver some of the strongest gross yields in the coastal corridor, driven by corporate tenants, free zone professionals, and short-term rental demand that spills over from Marina. For yield-focused investors, JLT is the Marina trade without the Marina price tag.

Nearby areas

Jumeirah Park
1.5 km
Dubai Marina
Dubai Marina
1.6 km

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