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  • Danube Properties’ Dh350 million ultra-luxury residential project Gemz – sold out at launch!

GEMZ, a Dh350 million affordable ultra-luxury project by Danube Properties, has been sold out within a few hours on the first day of its commercial sales launch event held at Danube Properties head office on Sheikh Zayed Road on Saturday, June 4, 2022.

The project was snapped up by end-users and brokers, who had lined up before the stipulated time and thronged Danube Properties office as soon as it opened – to secure their treasure trove – their dream homes! Buyers who booked and paid their initial deposit on the first day, will get their homes fully furnished on delivery, courtesy to Danube Group which also runs the largest network of home furnishing and home improvement brand, Danube Home.

“This demonstrates the buyers’ confidence in Danube Properties – as we continue to deliver promises to a growing number of UAE residents who are our biggest strength and inspiration,” Mr. Rizwan Sajan, Founder and Chairman of Danube Group, said. “This is our third project launched and sold out within eight months’ time – and reflects the positive market sentiment and the fact that more buyers are entering the property market.

“As a developer, we have been consistently delivering promises to our customers – having delivered 11 out of the announced 17 projects so far with the highest launch-to-delivery ratio – that reinforces buyers’, brokers’ and investors’ confidence in our properties. In terms of the number of units – we have so far delivered 4,556 units out of 8,272 units sold out. In terms of value, we have delivered Dh3.63 billion worth of homes to our happy customers, out of the total development value of Dh5.65 billion.”


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