Danube Properties, announces the early completion of Gemz, a luxury residential development in Al Furjan, delivered five months ahead of schedule. The handover ceremony was marked by a warm and gracious open house attended by Mr. Mohamed Al-Bidwawi, CEO of RERA, representing His Excellency Eng. Marwan bin Ghalita, Director General of Dubai Land Department, along with senior leaders of Danube Group, industry executives, and residents.
The AED350-million project, which sold out within hours of its launch in June 2022, features a built-up area of 530,000 sqft on a 101,000 sqft plot. Gemz introduces innovative convertible layouts allowing 1-bedroom units to transform into 2-bedroom spaces and 2-bedroom units into 3-bedroom homes. Early buyers received the additional benefit of complete furnishing by Danube Home.
Mr. Rizwan Sajan, Founder and Chairman of Danube Group emphasized during the handover ceremony: “Danube Properties is proud to be a pioneer in a number of initiatives in the Dubai real estate market such as a 1% payment plan, 40-plus amenities and the highest capital appreciation and rental incomes to buyers. We have also set the trend of delivering projects ahead of schedule, a remarkable feat that other industry players also want to emulate.”
The development joins the company’s portfolio of projects including Jewelz, Wavez, Elz, Lawnz, Bayz, Miraclz, Glamz, Starz, Glitz 1, Glitz 2, Glitz 3, Dreamz, Resortz, Pearlz, and Olivz.
