Dubai-based property developer, Danube Properties, announced the delivery of its third project, Glitz Residences 3, at Dubai Studio City.
With a development value of AED350mn, the project contains 354 residential units including studio, one-, and two-bedroom apartments all sold out following its launch in 2015, said the company in a statement.
With the completion of Glitz Residences 3, Danube Properties will soon start the handover process to customers, thus taking the developers total delivery of apartments to 656 units, following the handover of Glitz Residences 1 and 2 with 302 residential units last year.
Speaking on the achievement, Rizwan Sajan, the founder and chairman of Danube Group, said: “This year will be that of delivery for Danube as we are planning to hand over four more projects. With all this we would have delivered five of the 10 projects launched so far. As a developer, our policy is to develop it right and deliver them as per promise and thats why people trust Danube Properties. We launch a project when the earlier project is sold out and our unique selling points include on-time and on-quality delivery, in addition to the industry-low 1% monthly payment scheme.”
Atif Rahman, the director and partner of Danube Properties, said: Timely delivery is very crucial for gaining customer satisfaction as we work for our customers and they remain at the core of what we do. The delivery of Glitz Residences 3 demonstrates our ability as a builder and the high-quality finishing tells the level of quality and the attention to details by us. This year, we are delivering AED1.5bn worth of projects the highest in our history.”