Danube Properties, a part of the premium Building Material Company Danube Group, announced the launch of its second project ‘Glitz by Danube’. After the success of their first step into the industry with “Dreamz by Danube” earlier this year, the Dubai developer now looks set for further growth by bringing an irresistible offer to the people of Dubai.
Hosted at the Danube Office Premises, the details of the upcoming venture were announced by Danube Properties brand ambassador and legendary Indian cricketer, Sunil Gavaskar.
The latest project will be constructed at the prime location of Dubai Studio City offering consumers spectacular views of Dubai’s cityscape. The cluster of apartment buildings will redefine urban lifestyles with 300 luxury apartment units available in a mix of studio, one, two and three bedroom apartments close to the proposed Village Centre.
Glitz by Danube will cater to the increase in demand for luxury residential property from local and regional buyers looking for contemporary designed apartments in a centrally located community with a wide range of leisure and community facilities. The spacious homes, designed to the highest standards of aesthetics, range in housing area from 470 to 1,645 Sq Ft in each apartment block of eight levels. The apartments are a unique combination of contemporary design, luxury and comfort within a setting of lush landscape. Each flat will come equipped with superior lifestyle amenities and premium finishing from the country’s best building materials and interior supplier with the promise to deliver some exceptional features at extremely reasonable prices. The building will include a swimming pool, roof top golf course, kid’s play area cum party hall, leisure deck with a barbeque station, state-of-the-art health club and much more.
Danube Properties decision to take on this new venture was supported by the strong end user demand for new residential projects and its previous venture’s sell-out of 171 units in a single day. The property arm of the Dubai based developer attributes its recent performance and sales successes to their dedicated initiatives to improve the customer experience including competitive financial packages and transparent communication with investors.
Commenting on the occasion, Mr. Rizwan Sajan, Founder and Chairman of Danube Group shared, “While we strengthen our presence in the real estate market, we remain responsible and careful in our approach and apply the same guiding principle that helped us grow even in difficult situations. Our recent market performance and new launch are a testament to the success of this approach, and we will continue to support Dubai’s growing real estate industry by launching new projects that provide strong investment opportunities in this sector.”
Also commenting on the occasion Mr. Sunil Gavaskar added, “I am pleased to be the one announcing another milestone event in this company’s fine history. With a well-established and well known portfolio, further growing their footprint in the real estate market is of key strategic importance to the group. Their designs and values are unrivalled and it is a great privilege for me to be associated with them.”
Since its inception in 1993, Danube has played an instrumental role in sourcing the best materials from across the world to help the UAE’s construction and real estate sectors. Buildings projects are rare where Danube’s products are not visible or felt, from the small apartments to Burj Khalifa – the world’s tallest tower.
The latest venture is the second undertaking by the brand in the region within a year. The first project, ‘Dreamz by Danube’ saw an instant sell-out of 171 units in a single day and the successful response has greatly contributed to the brands sales growth of 16 per cent in the first six months of this year.
The necessary site mobilization permits is expected to be secured soon and will expect site mobilization along with the ground breaking to happen in the month of January, 2015 marking the start of the construction works. The construction program will range from eighteen to twenty months for completion which fits within the committed deadline.
“We are confident that the advantages this new property offers, will deliver an equally strong response from customers when the units go on sale. We also anticipate this launch will further support the development of Dubai by catering to its growing population” Sajan, a non-resident Indian entrepreneur, said.
With the launch, the company is also going to start a massive marketing and brand-building campaign that will help attract investors and buyers.
About Danube Building Materials FZCO
Established in 1993, Danube Building Materials FZCO provides more than 25,000 products in stock and in-house value added services in all of its multiple set of showrooms across the Middle East region and India. The company operates from its head offices in JAFZA with logistics facilities across the region which amounts to 5 million sq feet and includes kiln drying facility, factory and warehouses of the group.
From a small trading firm, Danube has grown into one of the largest building materials company in the region, with its diversified branches worldwide including UAE, Oman, Bahrain, Saudi Arabia, Qatar and India, in addition to procurement offices in China and Canada. Danube has a team of 2,000 plus people working across strategic locations across the GCC and India.