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Danube strengthens affordable housing segment with AED300 million Glamz Residence
Danube strengthens affordable housing segment with AED300 million Glamz Residence
  • 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, UAE, May 3, 2016:   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.

Posted by : Kuwait PR Network Editorial Team
Viewed 46070 times
PR Category : Real Estate & Retail
Posted on : Tuesday, May 3, 2016  3:09:00 PM UAE local time (GMT+4)
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