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- Danube's 6th project to re- energizes 'stop renting, start owning' push
- 'Convert part of the living room to a bedroom' concept is back on popular demand- innovative furniture converts a spacious living room into a full- fledged bedroom
- Keeping up the tradition, the project would be delivered in record time, expected completion date is September 2018
- Danube, pioneers of the 'One percent' monthly payment plan without any interest, extend the same plan to Glamz as well where 10% down payment is followed by 15% in 60 days and then 75 equal monthly payments without interest
- Dubai offers the world's highest rental yield of up to 10%, that truly makes the new development truly affordable
- Glamz Residence project will feature 418 fully- furnished apartments
Dubai - Danube Properties, an innovative real estate developer and part of Danube Group, today announced the launch of their 6th project- Glamz Residence, AED300 million development in Al Furjan area of Dubai near Discovery Gardens- targeted at affordable housing segment. Danube Properties' management interacted with the media, customers, investors and brokers at the press conference organized at their office, while presenting what Glamz Residence has to offer. Glamz Residence is the latest residential phenomenon which embodies an innovative concept and puts a premium on space.
Danube had successfully floated the idea of home- ownership two years ago; the idea grew and matured as record numbers of customers have joined the sustainable affordable- housing bandwagon. Danube is known for quality and once again there would be no exceptions as quality reigns supreme on all accounts in Glamz Residence.
Glamz offers a selection of 418 studio, one- bedroom and two- bedroom apartments, each fitted with built-in modular kitchen; complete bathroom fittings by Milano (Danube's Italian bath solutions); furniture and a European technology enabled convertible sofa that makes way for a bed- tucked into the wall. When released from the wall, the bed, helped by its hydraulic system falls on the ground and is ready to sleep in. Believe it or not, the innovative furniture converts a spacious living room into a full- fledged bedroom.
The amenities provided in Glamz Residence include landscaped gardens, grand lobby, air- conditioned party hall-cum-kids play area, jogging track, paddle tennis court, paddle badminton court, barbeque deck, state-of-the-art health club with steam room & sauna and swimming pool.
Rizwan Sajan, Founder & Chairman, Danube Group said, "We are delighted to announce the launch of Glamz Residence with an aim to encourage people to 'stop renting and start owning'. Once again, we have no doubts in our mind about the support and trust of customers- who deserve more for less without compromising on quality. When we started back in 2014 with our properties division and introduced a new segment altogether- 'affordable housing', we knew it would gain popularity over a period of time however the enthusiasm we witnessed at the launch of each of our projects until now has been such an overwhelming affair; to an extent that it has become a source of inspiration to innovate further. We are hopeful that Danube will continue to redefine the real estate sector in the region with every new launch."
Glamz is located in Al Furjan- Dubai next to Discovery Gardens; two minutes away from the proposed metro line; ten minutes away from Al Maktoum International Airport and Dubai Expo 2020 site. Set in 560 acres around Ibn Batuta Mall and adjacent to Discovery Gardens & The Gardens, when complete. Al Furjan will feature over 4000- homes.
Certainly, Glamz by Danube has brought back the focus on affordable housing, the segment which has established itself as being essential to the continued success, growth and competitiveness of all MENA cities.
The unwavering customer trust in the brand for over two decades has established Danube's projects as the preferred choice across geographies which is why each project stand 100% sold out and not to mention the popularity factor which prompted sales to close within weeks of their respective launches.
Furthermore, Danube's first project Dreamz is well on schedule for delivery whereas other projects- Glitz 1, Glitz 2, Glitz 3 and Starz are all 4-5 months ahead of schedule, and not to mention, every project to date stand 100% sold out within few weeks of their respective launches.
About Danube Properties:
Danube Properties made a gallant entry into the property market, and declared legendary Indian cricketer Sunil Gavaskar as its brand ambassador. Danube Properties is the brainchild of Mr. Rizwan Sajan, Founder & Chairman, Danube Group; who after thorough research and careful planning with his team, combined with his personal entrepreneurial acumen, decided to form a realty division.
Danube, known for its supreme quality of construction material, equipment and home interior supplies, plans to successfully use its prestige and status as an industry leader to provide affordable yet superior-quality property developments, and the company is particularly trying to attract the mid-income section to be its buyers with the launch of Dreamz, Glitz 1, Glitz 2 and Glitz 3 and more recently Starz.
With the entry of Danube Properties as a strong player in the market, the healthy competition has not only intensified, but also playing a role in reducing monopoly of the bigger builders and boost fair pricing and quality service. Dubai's urban landscape is mushrooming with residential projects, which are fast getting purchased by customers. In the light of this market scenario, projects by Danube are immensely successful, and in turn help the company pursue its other plans.
All Danube Properties' projects have enjoyed phenomenal success since their launch; the affordable prices and flexible payment plan offered, combined with the development's convenient location and its wealth of ultra-modern facilities for 21st century living, has proved very appealing to buyers. Currently Danube Properties has an impressive book value of AED 1.5 billion worth of super successful projects with over 1.7 Million Sq Ft under construction.
About Danube Group:
Danube Group was founded and established by Mr. Rizwan Sajan in 1993. Mr. Rizwan Sajan was 12th on Top 100 Indian leaders in the UAE List by Forbes Middle East. Over the years the Group has grown steadily from a small trading firm to being the no. 1 building materials company in the region, with its diversified branches worldwide. Danube Group recorded AED 5.13 billion turnover in 2015.
Divisions- Danube Building Materials FZCO (The leader in building materials in the region); Danube Home (The retail arm (home interior/ décor solutions); Milano (Bath products & solutions with innovative technologies & water saving features); Danube Properties (The residential property development entity); DanubeDirect.com (An exciting new way to buy products (home solutions/ electronics) online at significant savings); Danube F&B (Cha Cha Chai Café & Lounge, serves premium tea blends in a relaxed atmosphere, along with snacks and food); Danube Fashion (Tudors- Shirts, Xti- Footwear); Danube Systems (Security & Smart Home Solutions provider of more than 150 leading international brands in the security & IoT field)and Alucopanel Middle East LLC (Architectural applications such as external and interior claddings, roof covering, and ceilings of buildings).
Danube Group operates 40 branches in 9 countries worldwide including UAE, Oman, Bahrain, Saudi Arabia, Qatar, Kenya, India and procurement offices in China with employee strength of over 2,500.
Danube Group has earned accolades and distinctions from various local and international bodies- Mohammed Bin Rashid Al Maktoum Business Excellence Award, Dubai Quality Award, Dubai Customs Award, RAK SME Award, the Dubai Logistics and Supply Chain Award and UAE's Top 20 Performers.
© Press Release 2016
