Danube Properties’ DH 525mln Opalz sold out on the first day of launch due to strong demand

Danube Properties’ DH 525mln Opalz sold out on the first day of launch due to strong demand

Dubai, United Arab Emirates

Danube Properties, the UAE-based affordable housing pioneer and one of the most dynamic and popular private real estate developers in the UAE, said, its latest project Opalz, a twin-tower residential project with sales value exceeding Dh525 million, has been sold out on the first day of launch due to strong demand for Danube Properties homes.

This reflects growing public trust and investor confidence in Danube Properties which has delivered 13 of the 17 projects it has launched so far. Opalz is the developer’s 18th project. It has recently awarded construction contracts for Skyz and Pearlz while Gemz is in the tendering process.

“The investors, end-users and brokers have been waiting to book apartments in the new project for some time as the word about Opalz has gone out in the market,” Mr. Rizwan Sajan, Founder and Chairman of Danube Group, said at a crowded press conference at Danube Properties head office in Dubai.

“The end-users, investors and brokers have lined up to lay their hands on Opalz since the opening of sales earlier today. As a result, the project has been completely sold out. This sell-out at launch in the current market conditions reflect the customers’ trust in us and