Dubai: Danube Properties’ third project sold out on first day

Dubai: Danube Properties’ third project sold out on first day

Property's amenities include a floating cinema over a water body, doctor on call, kids daycare and an electric car charging point

Published: Sat 1 Oct 2022, 1:59 PM

Danube Properties sold out its third project – Opalz – on the first day of its launch this year, reflecting growing public trust and investor confidence in the developer and Dubai's real estate sector.

The Dubai-based developer 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," said Rizwan Sajan, founder and chairman of Danube Group.

"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 their growing confidence in our ability to deliver luxurious properties at affordable price on time, on quality and at a