Danube Properties Launches ‘Glitz 3’ on Increasing Investors Demand

The latest addition to the growing portfolio of Danube Properties was announced today 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 of the Group. This will be the fourth property announcement by the brand within a year, inresponse to the ever growing investors trust on Danube and the increasing demand for 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 across2 Towers of 8 Levels each. The project also includes 6 shops 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 space 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 ultra-modern 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.

Mr. Atif Rahman Head- Property Development, Mr. Anis Sajan-Managing Director
Danube Group, Mr. Rizwan Sajan Founder and Chairman of Danube Group and Mr. Adel Sajan
Director – Danube Home at the Glitz 3 by Danube Press Conference

The launch of all Danube Properties’ projects so far have been in keeping 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 & 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. This will also aid in the creation of diverse communities, which allows people from all financial backgrounds to live alongside one another.

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 comprising 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. The location catering to the urban upscale community has been deliberately chosen to appeal to our potential investors and buyers. 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, including studio, one-bedroom, two-bedroom and three-bedroom apartments. “We are delighted with the great response that the first sales event for Glitz’s 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. Initial response for Glitz 3 has been overwhelming and we are extremely optimistic that the response will be just as encouraging. Danube has always been known to work tirelessly to provide the highest level quality and services possible and the launch of our fourth project in under a year will be a further realization of that vision”, Mr. Sajan, a non-resident Indian entrepreneur, added.

In an additional effort to provide the best quality to its end users and target safety, the brand will also be employing the use of Aluminium Composite Panels that are produced by Alucopanel USA and exclusively distributed under Danube Group. After receiving Dubai Civil Defence (DCD) approvals earlier this month, the 4 mm aluminum composite panels sandwiched with 3mm fire retardant core is now acceptable for building exterior wall cladding applications throughout UAE and will be used in future construction projects by the group.

Following the mad rush generated from overwhelming demand for Glitz 1 & 2, potential investors can register interest for the apartments to avoid disappointment by contacting Danube Properties office.