Danube recently made a spectacular foray into the real estate market in Dubai with its new venture ‘Danube Properties’. At a press conference organized at the Grand Hyatt, Danube Properties announced its plan of making a gallant entry into the property market, & declared legendary cricketer Sunil Gavaskar as its Brand Ambassador. The company also took the opportunity to unveil its first residential project ‘Dreamz by Danube’, which Mr. Gavaskar inaugurated at the event.
The venture into Dubai’s booming realty market, in the form of establishing Danube Properties is the brainchild of Mr. Rizwan Sajan, Founder & Chairman of Danube Group, who after thorough research & careful planning with his team, combined with his personal entrepreneurial acumen, decided to take the step this direction. Speaking to distinguished guests & the media at the event, Mr. Sajan said, “We are proud of Danube’s progress over the last 20 years & it is heart-warming to see the brand celebrate yet another milestone.”
‘Dreamz by Danube’ is a premium residential project being constructed in Al Furjan area of Dubai. Expected to be completed by 2016, the massive project will comprise of 171 attractive town houses. The project is conveniently located at a distance of 10 minutes from the Ibn Battuta Mall. Beginning from an affordable price of Dhs 2.5 million, the 3 and 4 bedroom town houses will be an awe-inspiring blend of contemporary architecture and innovative designs.
With the entry of Danube Properties as a strong player in the market, the healthy competition will not only intensify,but will also go a long way in reducing monopoly of the bigger builders and boost fair pricing and quality service. Speaking highly of Danube’s new venture and project, Mr. Gavaskar said, “A thorough market study, current opportunities along with understanding of the Group’s strengths were behind the new strategy. We are confident that this strategy in addition to their respect and position in the market will give Danube the flexibility to take advantage of the market opportunities, while maintaining its focus on being a leading provider of building materials and home interior products across the region.”
The press conference was followed by an official sale of the project where, over 2,000 prospective buyers
registered for the sales event, with units offered on first-come-first-serve basis. All of the 171 townhouses
within ‘Dreamz by Danube’ project were sold out within 3 hours on the first day of the commercial
launch.
“This is our first project and the sell-out of all of the 171 townhouses reflect investor confidence in
Danube Properties as well as the real estate market in Dubai,” said Chairman of Danube Group and Danube Properties, Mr. Rizwan Sajan. “This end-user and investor endorsement will encourage us to carry out our construction works and deliver the project in a timely manner to our valued customers by 2016 and also launch many such projects in the coming years,” Sajan said.