Danube Properties updates on Starz and Glamz projects

Danube Properties has announced the completion of is 454-unit Starz residential project. The firm also says that its 426-unit Glamz project is in the pre-completion stage. The developer says once the 880-units of Starz and Glamz are delivered, it will have delivered a total of 1,711 residential units worth $460 million to date.

According to a statement, the projects use green and sustainable building technologies, while the smart homes are said to be fitted with the latest facilities, amenities and the latest modular home furnishings, with upgraded materials used during the construction phase. The developer notes that the materials are ‘more advanced than those promised during the launch of the projects’.

“As we move closer to Expo 2020, we see renewed confidence in the UAE real estate market. The complete sell-out of our projects reflects a strong investor confidence in not only the Dubai real estate market, but also in Danube Properties. Today we are not only delivering homes but delivering promises we made to home buyers who have put their faith in us,” said Rizwan Sajan, founder and chairman of Danube Properties.

The developer sys residents will enjoy easy access to Dubai’s public transport, with a metro station within two minutes walking distance from Glamz and three minutes from Starz.

Atif Rahman, the director and partner added, “A developer’s strength of character and commitment reflects on the quality of construction and the number of project deliveries. Our record of continuous development and timely delivery of properties speaks volumes about our strong commitment to quality, timely delivery and our solid commitment to our home buyers. Today marks a great milestone in the history of Danube Properties as we will be delivering six out of the 12 projects launched by us, in less than five years. Our launch-to-delivery ratio is one of the highest in this region.”

Danube Properties celebrates the completion of Dh570 million Starz and Glamz projects on time

Danube Properties celebrates the completion of Dh570 million Starz and Glamz projects on time

Dubai, UAE

Danube Properties today achieves the completion of 454 units in Starz and pre-completion of 426 residences in Glamz – its fifth and sixth residential projects – that is being celebrated at a glittering ceremony with a series of laser shows and fireworks that light up the sky.

 

Both the projects – Starz and Glamz – were launched and sold out in 2016 and completed in record time in 2019 that reflects the developer’s strong commitment to customers. Once the planned hand-over of 880 units in Starz and Glamz are completed, Danube Properties will have delivered 1,711 residential units, worth Dh1.69 billion, part of its portfolio of 5,019 residences, worth Dh3.82 billion, in less than five years after it launched its maiden project – Dreamz in June 2014.

 

Built with the latest green and sustainable building technologies, the smart homes within both the projects are fitted with the latest state-of-the-art facilities and amenities including built-in wardrobes, the latest modular home furnishings with upgraded materials used during the construction phase – more advanced than those promised during the launch of the projects.

 

The 880 homes comes with the best-in-class lifestyle amenities, including fully-fitted gymnasium, health club, swimming pool, large reception area, community areas with landscaped greenery, ample car parking and other facilities – all offered at a very affordable price and with a 1 percent monthly payment plan.

 

Once handed over, the residents will also enjoy easy access to Dubai’s public transport with a metro station within 2-minutes walking distance from the Glamz and three minutes from Starz. Residents will be able to reach the Expo 2020 site in just 7-10 minutes through the metro station and catch a flight at Al Maktoum International Airport – which could be reached in 15 minutes from the nearest metro station.

 

“As we move closer to the Expo 2020, we see renewed confidence in the UAE real estate market. The complete sell-out of our projects reflect a strong investor confidence in not only the Dubai real estate market, but also in Danube Properties,” Rizwan Sajan, Founder and Chairman of Danube Group, says. “Today we are not only delivering homes, but delivering promises we made to home buyers who have put their faith in us.

 

“We are a firm believer in the long-term sustainable development of real estate projects and there is no better market than the UAE, especially Dubai. With our projects, we have defied the odds and demonstrated our ability in offering affordable homes that have been snapped up by buyers.

 

“Despite some negative perceptions about the market, I am happy to announce that all our properties have been well received by buyers and are sold out. As the market matures, we see good opportunities in the market in which developers with long-term commitment will do well.”

 

Danube Properties’ new home deliveries come at the backdrop of its stellar performance in 2018 – its best year so far – when a whopping 78.5 percent jump in sale of the number of residential units has boosted Danube Properties’ market share of off-plan sales to 10.6 percent in 2018, compared to the 5 percent in 2017.

 

The company last year sold a total of 1,869 residential units, according to its annual report. Among the total number of properties sold by Danube Properties, 89 were ready-to-move-in while the rest 1,780 units were off-plan properties. The sales price of 1,869 units increased by 19.26 percent to Dh978 million last year, compared to the sales price of 1,047 units worth Dh820 million in 2017, the report shows.

 

Atif Rahman, Director and Partner of Danube Properties, says, “A developer’s strength of character and commitment reflects on the quality of construction and the number of project deliveries. Our record of continuous development and timely delivery of properties speaks volumes about our strong commitment to quality, timely delivery and our solid commitment to our home buyers.

 

“Today marks a great milestone in the history of Danube Properties as we will be delivering six out of the 12 projects launched by us, in less than five years. Our launch-to-delivery ratio is one of the highest in this region.”

 

All the apartments within Starz and Glamz are offered at an affordable price and with a convenient payment plan of 1 percent – something that Danube has pioneered in the UAE’s real estate market.

 

“However, we have not compromised on quality. What Danube has achieved over the last five years, is that it has changed the perception of affordable homes. What we are offering is – affordable luxury. Our properties are luxury properties, but offered at affordable price.

 

“With the launch of Starz in 2016, we pioneered in introducing specially designed modular furniture. This will help the residents maximise the use of available space by converting the living room into a bedroom at night. We remain committed to deliver happy communities with phenomenal value addition. I am confident, buyers of properties in Starz and Glamz will be extremely delighted with the quality of finishing and timely delivery,” Atif Rahman concludes.

 

Danube Properties has so far awarded Dh1.6 billion worth of construction contracts involving 10 of the 12 projects launched so far. In 2018, Danube completed construction of 358 residential units while it awarded construction contracts for 926 units.

Danube completes 454-unit residential tower project in Dubai

UAE-based Danube Properties today (April 27) celebrated the completion of 454 units in Starz and pre-completion of 426 residences in Glamz – its fifth and sixth residential projects – in style with a series of laser shows and fireworks that lit up the sky.

 

Both these projects – Starz and Glamz – got sold out in 2016 and have now been completed in record time in 2019 thus reflecting the developer’s strong commitment to customers, said a statement from Danube.

 

Once the planned hand-over of 880 units in Starz and Glamz get completed, Danubewould have delivered a total of 1,711 residential units worth Dh1.69 billion ($460 million) till date.

 

It is part of Danube’s portfolio of 5,019 residences, worth Dh3.82 billion, in less than five years after it launched its maiden project – Dreamz in June 2014.

Built with the latest green and sustainable building technologies, the smart homes within both the projects are fitted with the latest facilities and amenities including built-in wardrobes, the latest modular home furnishings with upgraded materials used during the construction phase – more advanced than those promised during the launch of the projects.

 

Danube said the 880 homes come with the best-in-class lifestyle amenities, including fully-fitted gymnasium, health club, swimming pool, large reception area, community areas with landscaped greenery, ample car parking and other facilities – all offered at a very affordable price and with a 1 per cent monthly payment plan.

 

On hand-over, the residents will also enjoy easy access to Dubai’s public transport with a metro station within 2-minutes walking distance from the Glamz and three minutes from Starz, stated the developer.

 

Residents will be able to reach the Expo 2020 site in just 7-10 minutes through the metro station and catch a flight at Al Maktoum International Airport – which could be reached in 15 minutes from the nearest metro station, it added.

 

“As we move closer to the Expo 2020, we see renewed confidence in the UAE real estate market. The complete sell-out of our projects reflect a strong investor confidence in not only the Dubai real estate market, but also in Danube Properties,” remarked Rizwan Sajan, the founder and chairman.

“Today we are not only delivering homes, but delivering promises we made to home buyers who have put their faith in us,” he added.

 

Atif Rahman, the director and partner, said: “A developer’s strength of character and commitment reflects on the quality of construction and the number of project deliveries. Our record of continuous development and timely delivery of properties speaks volumes about our strong commitment to quality, timely delivery and our solid commitment to our home buyers.”

 

“Today marks a great milestone in the history of Danube Properties as we will be delivering six out of the 12 projects launched by us, in less than five years. Our launch-to-delivery ratio is one of the highest in this region,” he added.-TradeArabia News Service

 

Dubai’s Danube Properties sells over 1,860 units for Dhs978m in 2018

Dubai developer Danube Properties recorded a 78.5 per cent growth in the sales of residential units last year, it announced on Wednesday.

The company sold a total of 1,869 residential units, including 89 ready-to-move-in units and 1,780 off-plan properties.

The sales value of the properties sold last year increased by 19.26 per cent to Dhs978m, compared to Dhs820m made by selling 1,047 units in 2017, a statement said.

Danube Properties said it has awarded Dhs1.6bn worth of construction contracts involving 10 of the 12 projects launched so far.

In 2018, Danube completed construction of 358 residential units while it awarded construction contracts for 926 units.

The developer had 1,339 units under tendering stage and a further 17 per cent in design stage.

Atif Rahman, director and partner of Danube Properties, attributed the growth to the company’s focus on the affordable housing market.

“Our consumer sensitive business approach is paying off. These results show that if you have the right properties at the right location and are offered at the right price with the most competitive payment plan, customers will buy them.”

The company said its share of the Dubai off-plan sales market has risen to 10.6 per cent in 2018, compared to 5 per cent in 2017.

The developer also increased its headcount to 220 last year, up from 151 in 2017, it said.

Part of the Danube Group, Danube Properties launched in June 2014 with the Dhs500m Al Furjan project. The company currently has a development portfolio of 3,680 units, with a combined value exceeding Dhs3.14bn.

Rizwan Sajan, founder and chairman of Danube Group, said: “We see strong growth opportunities, and we remain fully committed to the local economy and the real estate sector with more project launches as we move forward.”

Dubai’s property market has seen a slump in the last few years, with analysts expecting a further drop in prices this year.

One of the main reasons for the drop has been over-supply in the market, along with tough economic conditions.

Danube Properties celebrates the completion of Dh570mn Starz & Glamz projects on time

Danube Properties today achieves the completion of 454 units in Starz and pre-completion of 426 residences in Glamz – its fifth and sixth residential projects – that is being celebrated at a glittering ceremony with a series of laser shows and fireworks that light up the sky.

Both the projects – Starz and Glamz – were launched and sold out in 2016 and completed in record time in 2019 that reflects the developer’s strong commitment to customers. Once the planned hand-over of 880 units in Starz and Glamz are completed, Danube Properties will have delivered 1,711 residential units, worth Dh1.69 billion, part of its portfolio of 5,019 residences, worth Dh3.82 billion, in less than five years after it launched its maiden project – Dreamz in June 2014.

Built with the latest green and sustainable building technologies, the smart homes within both the projects are fitted with the latest state-of-the-art facilities and amenities including built-in wardrobes, the latest modular home furnishings with upgraded materials used during the construction phase – more advanced than those promised during the launch of the projects.

The 880 homes comes with the best-in-class lifestyle amenities, including fully-fitted gymnasium, health club, swimming pool, large reception area, community areas with landscaped greenery, ample car parking and other facilities – all offered at a very affordable price and with a 1 percent monthly payment plan.

Once handed over, the residents will also enjoy easy access to Dubai’s public transport with a metro station within 2-minutes walking distance from the Glamz and three minutes from Starz. Residents will be able to reach the Expo 2020 site in just 7-10 minutes through the metro station and catch a flight at Al Maktoum International Airport – which could be reached in 15 minutes from the nearest metro station.

“As we move closer to the Expo 2020, we see renewed confidence in the UAE real estate market. The complete sell-out of our projects reflect a strong investor confidence in not only the Dubai real estate market, but also in Danube Properties,” Rizwan Sajan, Founder and Chairman of Danube Group, says. “Today we are not only delivering homes, but delivering promises we made to home buyers who have put their faith in us.

“We are a firm believer in the long-term sustainable development of real estate projects and there is no better market than the UAE, especially Dubai. With our projects, we have defied the odds and demonstrated our ability in offering affordable homes that have been snapped up by buyers.

“Despite some negative perceptions about the market, I am happy to announce that all our properties have been well received by buyers and are sold out. As the market matures, we see good opportunities in the market in which developers with long-term commitment will do well.”

Danube Properties’ new home deliveries come at the backdrop of its stellar performance in 2018 – its best year so far – when a whopping 78.5 percent jump in sale of the number of residential units has boosted Danube Properties’ market share of off-plan sales to 10.6 percent in 2018, compared to the 5 percent in 2017.

The company last year sold a total of 1,869 residential units, according to its annual report. Among the total number of properties sold by Danube Properties, 89 were ready-to-move-in while the rest 1,780 units were off-plan properties. The sales price of 1,869 units increased by 19.26 percent to Dh978 million last year, compared to the sales price of 1,047 units worth Dh820 million in 2017, the report shows.

Atif Rahman, Director and Partner of Danube Properties, says, “A developer’s strength of character and commitment reflects on the quality of construction and the number of project deliveries. Our record of continuous development and timely delivery of properties speaks volumes about our strong commitment to quality, timely delivery and our solid commitment to our home buyers.

“Today marks a great milestone in the history of Danube Properties as we will be delivering six out of the 12 projects launched by us, in less than five years. Our launch-to-delivery ratio is one of the highest in this region.”

All the apartments within Starz and Glamz are offered at an affordable price and with a convenient payment plan of 1 percent – something that Danube has pioneered in the UAE’s real estate market.

“However, we have not compromised on quality. What Danube has achieved over the last five years, is that it has changed the perception of affordable homes. What we are offering is – affordable luxury. Our properties are luxury properties, but offered at affordable price.

“With the launch of Starz in 2016, we pioneered in introducing specially designed modular furniture. This will help the residents maximise the use of available space by converting the living room into a bedroom at night. We remain committed to deliver happy communities with phenomenal value addition. I am confident, buyers of properties in Starz and Glamz will be extremely delighted with the quality of finishing and timely delivery,” Atif Rahman concludes.

Danube Properties has so far awarded Dh1.6 billion worth of construction contracts involving 10 of the 12 projects launched so far. In 2018, Danube completed construction of 358 residential units while it awarded construction contracts for 926 units.