DANUBE PROPERTIES LAUNCHES ‘GLITZ 3’ ON INCREASING INVESTORS DEMAND

glitz3

The latest addition to the growing portfolio of Danube Properties was announced with the inauguration
of the third Glitz property, Glitz Residence 3 by Danube. Hosted at the Danube Properties Head
Office, the details of the upcoming venture were unveiled by the Founder and Chairman of Danube
Group, Mr. Rizwan Sajan along with other senior management officials of the Group. This will be the
fourth property announcement by the brand within a year, in response to the ever growing investors
trust on Danube and the increasing demand for affordable residential apartments in Dubai.

Located in Dubai Studio City, the project has been conceptualised and designed by Danube featuring studio, one, two and three-bedroom apartments across 2 Towers of 8 Levels each. The project also includes 6 retail outlets to cater to the needs of the residents. Each unit has been carefully defined by a contemporary architectural style along with state of the art facilities. Potential investors can choose from different floor plans and layouts, with quality finishing as a standard across all the residences. Offering spectacular Dubai city line views, Glitz 3 apartments priced from AED 475,000/- will feature stylish living spaces that seamlessly blends comfort and function. The spacious homes, will range in net area from 433 to 1,355 sq.ft. in the apartment towers. Each tower will include world-class and ultramodern amenities like landscaped gardens with water feature, tennis & basketball court, health club, swimming pool, air-conditioned kid’s play area cum party hall, leisure deck and much more.

The launch of all Danube Properties’ projects so far have been in line with the Government’s ideology
of introducing more affordable housing in the residential development market. Realty projects
such as Dreamz by Danube and Glitz 1, 2 and 3 promises to be a boon to middle-income residents
struggling to cope with the surge in rents and real estate prices. The strengthening move towards
affordable housing will be seen to have far-reaching positive implications and is expected to bring a wide
range of benefits to the emirate, while driving further maturity in the market.

To complement the overall offering, Danube Properties will also be proposing a flexible payment plan which allows buyers to pay only 1% per month after the initial down payment. The aim is to help mid-income group to realise their dream of owning a home in Dubai through an affordable payment plan without compromising on quality.
Commenting on the occasion, Mr. Rizwan Sajan, Founder and Chairman of Danube Group shared, “Followed by the phenomenal success and 100% sell out of Glitz 1 & 2, Glitz 3 poses as a vibrant example of urban upscale community living that offers exceptional value across all aspects. Ideal for families and professionals, our project stands out for its high standard of finishes and amenities. We are confident the new project will set another benchmark of excellence for Danube.”
Earlier this year, Danube successfully sold out all the units of its first two residential towers Glitz 1 and 2, comprising a total of 300 units. “We are delighted with the great response that the first sales event for Glitz 1 and 2 residential units had generated, firmly consolidating our pioneering status in the industry. Due to limited inventory, a lot of the potential buyers have been patiently waiting for this launch. Like the previous projects, the response for Glitz 3 on the first day of the sales launch has been overwhelming with phase 1 and phase 2 of the property being sold out.
Danube has always been known to work tirelessly to provide the highest quality and services possible and the launch of our fourth project in under a year will be a further realisation of that vision”, Mr. Sajan, added.