Danube Properties to deliver all launched projects by Q2 2020
The real estate developer has delivered 2,155 units with a combined sales value of $5717m (AED2.1bn) till date
UAE real estate developer Danube Properties has said that by Q2 2020 it would have delivered all of the projects it has launched to date, excluding the recently-launched Olivz by Danube.
Speaking at the launch event of Olivz by Danube, chairman of the company, Rizwan Sajan said that the company's mantra is to launch a project only when the last project has marked about 90% sales.
Danube Properties' Wavez is 95% sold out, while handover for its Resortz project has commenced.
The real estate developer has delivered 2,155 units with a combined sales value of $571.7m (AED2.1bn) to date, with plans of delivering $299.4m (AED1.1bn) of sales value in 2020.
Currently, Danube Properties' Miraclz Tower, Bayz, Jewelz, Lawnz, and Elz are under construction.