Danube Properties launches and sells out five projects with 2,087 homes worth Dh2.02bln in 2022

Danube Properties launches and sells out five projects with 2,087 homes worth Dh2.02bln in 2022

Dubai, UAE

News Highlights:

- Danube Properties is scheduled to deliver three projects – Olivz, Wavez and Jewelz – in 2023 involving 1,308 units with development value exceeding Dh700 million;

- Danube Properties launched six projects, worth Dh3.42 billion in 2022 and 2023;

- Danube Properties’ current development portfolio includes 21 projects and 9,921 units, with a combined sales value exceeding Dh8.15 billion;

- Danube Properties has so far delivered 11 projects and 4,555 units with a combined sales value of Dh3.63 billion – nearly half of the entire portfolio value – making it one of the most successful developers in terms of delivery.

Danube Properties, the fastest-growing private real estate developer in the UAE, has sold out the first of the two towers within the Dh1.4 billion Viewz by Danube Properties, within two weeks of launching the project in January 2023.

The company, which last year launched five projects – Pearlz, Gemz, Petalz, Opalz and Elitz – with 2,087 residential units with a development value exceeding Dh2.02 billion, had sold out all of them due to high demand for affordable luxury properties.

The developer has delivered 1,338 units in Lawnz and Elz projects, worth Dh680 million and awarded construction contracts for four projects in 2022.

“I am happy