Dubai's Danube Properties’ Latest Gemz project Sells for Dh350 million

Publish date: Tuesday، 07 June 2022

Within a few hours of its launch, Dubai's Danube Properties’ latest Gemz project was sold out for Dh350 million .

“This demonstrates the buyers’ confidence in Danube Properties – as we continue to deliver on our promise to a growing number of UAE residents who are our biggest strength and inspiration,” said Rizwan Sajan, founder and chairman of Danube Group. Danube Properties said it has delivered 11 out of the 17 projects announced so far.

“In terms of the number of units – we have so far delivered 4,556 units out of 8,272 units sold out. In terms of value, we have delivered Dh3.63 billion worth of homes to our happy customers, out of the total development value of Dh5.65 billion,” added Sajan.

Danube Properties will start processing for long-term residency and Golden Visas for investors who fulfil the respective criteria, such as Dh2 million, Dh5 million and the Dh10 million ceilings – from September 2022, when the process starts.

The 14-storeyed project will host 270 apartments, including 24 Studios, 74 1BHK, 114 2BHK and 42 3BHK apartments while 16 apartments are duplexes.

Buyers who booked and paid their initial deposit on the first day will get their homes fully furnished on delivery by Danube Home.

Dubai's Danube Properties’ Latest Gemz project Sells for Dh350 million

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