Dubai: Danube unveils AED300mn project in Arjan
Dubai-based developer, Danube Properties, announced its 10th project, Jewelz, worth AED300mn, showcasing the future of affordable luxury housing.
The project was unveiled by Rizwan Sajan, founder and chairman of Danube Group, and Atif Rahman, director and partner of Danube Properties Development, in the presence of brokers as well as senior management of the company.
The project offers 463 residential units, ranging from studio, one- and two-bedroom apartments. The G+2 podium+13 floors tower is located on a plot adjacent to the park with a private entrance leading to the property. The amenities include a fully-equipped health club, swimming pool, steam and sauna room, multi-purpose hall, jogging track, barbecue deck, badminton court, paddle tennis court, and a high-tech surveillance system for protection and security of the residents.
The building design and architectural aesthetic was created to reinforce the design strategy of Danube, which helps maximise the living space while delivering the convenience of community living. The project dedicates 50% space to open areas with an emphasis on greenery and landscapes.
Commenting on the launch, Sajan said: “I am extremely proud to announce our 10th project next to Miracle Garden in Arjan. This project is launched with a refined customer in mind, offering luxury living at an affordable price and 15% returns on the total investment along with our benchmark 1% monthly payment plan. We have ensured the best value is offered in terms of price, facilities, and services.”
Rahman added: “This project takes our portfolio to AED3.14bn reinforcing our presence in the industry. There has been continued increase in interest from people looking to invest in affordable housing and we promise to offer the best in class asset in this segment.
The expected completion for the project is March 2020. Mobilisation has begun on site and currently we are in the detailed design phase. We will be going in the tendering phase soon and will be awarding the construction contract in the next three months.”