Dubai’s Danube Properties completes Dhs300m ‘Resortz’ project

Dubai developer Danube Properties has announced the completion of Resortz, a Dhs300m luxury residential community project launched in 2017.

Resortz, designed to resemble a resort, features 444 residential units along with an open swimming pool, water features, outdoor catering, barbecue area and children’s play area.

Additional amenities include a health club, tennis court, car parking, retail outlets and a green outdoor space, a statement said.

Resortz is Danube’s seventh completed project out of the 13 residential projects launched by the developer so far.

The developer has a portfolio of 5,453 units, with a combined value of more than Dhs4.1bn. It has delivered 2,155 units with a combined sales value of Dhs2bn, which is close to half of the total portfolio value, the statement added.

“This is our third project to have completed in just seven months,” said Rizwan Sajan, founder and chairman of Danube Group.

“In the year of the Expo 2020, we believe the demand for homes will soar. Many homes will be offered to tourists as holiday homes through different online channels, and our investors and buyers stand to gain from the rising demand this year.”

The Danube Group ventured into the real estate market in June 2014, with the launch of the Dhs500m Al Furjan project, featuring 171 townhouses.

In 2019, Danube Properties completed its Starz project, and pre-completed its Glamz project, making up a combined 880 units.

Read: Danube Properties completes Dhs570m Starz and Glamz projects

The developer has also expanded internationally, launching its third Indian sales and marketing office in Kerala, India, in 2019. The first was in Mumbai, which was opened in 2016, and the second in Delhi, opened in 2017.

Read more: Dubai developer Danube Properties expands presence in India

 

Danube Project Development Factsheet 

Danube Projects	Residential Units	Sales Value	Status
Dreamz	171 Townhouses	Dhs500m	Delivered
Glitz 1	151 Units	Dhs135m	Delivered
Glitz 2	151 Units	Dhs135m	Delivered
Glitz 3	358 Units	Dhs350m	Delivered
Starz	454 Units	Dhs300m	Delivered
Glamz	426 Units	Dhs270m	Delivered
Miraclz	599 Units	Dhs400m	Under Construction
Resortz	444 Units	Dhs300m	Completed
Bayz	463 Units	Dhs450m	Under Construction
Jewelz	463 Units	Dhs300m	Under Construction
Lawnz	1,064 Units	Dhs550m	Under Construction
Elz	275 Units	Dhs130m	Under Construction
Wavez	434 Units	Dhs200m	Tendering Stage
Total	5,453 Units	Dhs4.1bn	Construction/ Delivery

 

Also read: Dubai’s property market is ‘performing perfectly’ – Danube Properties director

Read more: Video: Danube Properties’ chief on how the Dubai firm is defying market slump