Dubai: Danube Properties announced on Saturday that it launch for their second realty venture, Glitz by Danube, saw all their apartments sold out within the first two hours of sale.
A sales meet organised for investors today at the Grand Hyatt Dubai, saw an overwhelming number of registered prospective buyers lined up outside the venue.
Danube Properties, the property development arm of Danube Group established in 2014, was started with the aim to build Luxury residential property for the middle income group. The division’s first project Dreamz, with 171 luxury townhouses, were sold out within the first day of the sales launch and received more than 2,000 enquiries prior to the launch. The Glitz by Danube project has been valued by the company at AED 300 million.
