Dubai’s Danube Properties completes Dhs300m ‘Resortz’ project

The luxury, resort-type residential project, will add 444 units to the developer’s portfolio of delivered units



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 ValueStatus
Dreamz171 TownhousesDhs500mDelivered
Glitz 1151 UnitsDhs135mDelivered
Glitz 2151 UnitsDhs135mDelivered
Glitz 3358 UnitsDhs350mDelivered
Starz454 UnitsDhs300mDelivered
Glamz426 UnitsDhs270mDelivered
Miraclz599 UnitsDhs400mUnder Construction
Resortz444 UnitsDhs300mCompleted
Bayz463 UnitsDhs450mUnder Construction
Jewelz463 UnitsDhs300mUnder Construction
Lawnz1,064 UnitsDhs550mUnder Construction
Elz275 UnitsDhs130mUnder Construction
Wavez434 UnitsDhs200mTendering Stage
Total5,453 UnitsDhs4.1bnConstruction/ 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