Danube unveils new $108m tower project in Dubai

Miraclz features a selection of 395 apartment units, ranging from studio to two-bedroom apartments

NEWS, Projects, Atlas foundations, Construction, Danube, Danube Properties, Miracle Garden Dubai, Miraclz by Danube, Real estate in dubai, Starz by danube, Sushmita Sen

Dubai-based developer Danube Properties unveiled their new $108m (AED400m) project, Miraclz, located at Dubai’s Arjaan neighborhood close to Miracle Garden. 

Miraclz features a selection of 591 apartment units, ranging from studio to two-bedroom apartments, where each home is fully furnished and equipped with modular furniture, and the living room turns into a bedroom with a full-sized bed.

Commenting on the new property launch, Rizwan Sajan, founder and chairman of Danube Group, said: “We are extremely happy to announce the launch of our new project. We started out two years ago and have been promoting ‘stop renting and start owning’ mantra and have received phenomenal response. I am humbled by the trust our customers have shown in us till now, which has, in turn, motivated us to launch one succesful project after the other.”

The new residential complex will provide residents with a number of amenities, including retail spaces, a swimming pool with city views, a fully-equipped health club with steam, sauna and massage bathtub, platform tennis court, badminton court, and an amphitheatre, among others.

Also, Danube Properties is continuing with their 1% payment plan, allowing customers to pay as low as $1,225 (AED4,500) per month for this project as well.

Sajan added: "The expected completion for the project is approximately 30 months from the launch. The construction tender would be awarded in early 2017. So far, groundworks have already started on the project site by Atlas Foundations."

All projects launched by Danube Properties are under construction, with the handover of the first project scheduled to commence soon.

At present, Danube Properties has a book value of $490m (AED1.8bn) worth of successful projects with over 16ha under construction.

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