The developer said it will offer "luxury living at affordable prices" and will focus on the mid-market real estate segment. It officially launched its AED500 million project - Dreamz - which will feature 175 luxury townhouses within Al Furjan community.
Construction of the project will start soon while the delivery is scheduled for 2016.
The 3 and 4-bedroom townhouses will have a built-up area of between 2,500 and 3,000 square feet with prices starting at AED2.5 million.
"The launch of Danube Properties comes following a careful study of the needs of the UAE's property market where the combination of quality, affordability, developer's commitment and timely delivery is a rarity," said Rizwan Sajan, chairman of Danube Group.
"The move is also a reflection of our firm commitment to the UAE market, where we are re-investing our hard-earned resources to help the real estate market expand further."