Danube expands affordable portfolio

Danube Properties has launched Glamz Residence, a Dh300-million development in Al Furjan that targets the affordable housing segment. Danube Properties' sixth project in Dubai will offer a selection of 418 studio, one bedroom and two-bedroom apartments.

''We are delighted to announce the launch of Glamz Residence with an aim to encourage people to stop renting and start owning,'' said Rizwan Sajan, Founder and Chairman of Danube Group. ''We are hopeful that Danube will continue to redefine the real estate sector in the region with every new launch.'' The units will all be fitted with built-in modular kitchen, complete bathroom fittings by Milano, furniture and a convertible sofa that makes way for a bed tucked into the wall. Amenities in Glamz Residence include landscaped gardens, grand lobby, party hall, kids play area, jogging track, paddle tennis court, paddle badminton court, barbeque deck, health club and swimming pool.

Danube is also providing its ''1 per cent'' monthly payment plan to buyers of the project. Purchasers will pay a 10 per cent down payment followed by 15 per cent in 60 days and the remaining 75 per cent in 75 equal monthly payments without interest.

Did you know that UAE property prices set to fall further in 2016 according to S&P

Source: Property WeeklyPW


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