Danube Properties and DMCC partner to launch USD 545 Million residential project In Thriving JLT District

Danube Properties and DMCC partner to launch USD 545 Million residential project In Thriving JLT District

DUBAI/ GULF TIME Danube Properties, one of the fastest-growing private real estate developers in the UAE, has partnered with Dubai Multi-Commodities Centre (DMCC) the world’s flagship free zone and Government of Dubai Authority on commodities trade and enterprise – to bring a new residential project to its prime location of JLT, the uptown community. The ...

DUBAI/ GULF TIME

Danube Properties, one of the fastest-growing private real estate developers in the UAE, has partnered with Dubai Multi-Commodities Centre (DMCC) the world’s flagship free zone and Government of Dubai Authority on commodities trade and enterprise – to bring a new residential project to its prime location of JLT, the uptown community.

The 65-storey twin towers will bring 1,200 new residential units to JLT across a built-up area of 1.7 million square feet, representing a development value of approximately USD 545 million (AED 2 billion).

Rizwan Sajan, Founder and Chairman of Danube Group, said: “As a rapidly expanding private real estate developer in the UAE, we are constantly seeking prime plots in strategic development zones. This partnership with DMCC empowers Danube Properties to enhance the appeal of our upcoming project, providing an opportunity for investors and homebuyers to capitalise on future value appreciation, thanks to JLT’s