Dubai's Danube Properties has officially launched its AED300 million ($81.6 million) affordable luxury apartment project ‘Glitz by Danube,' Arabian Business reported.
This is the second real estate project announced by the newly-launched property arm of Danube Group within six months. Danube Properties’ maiden project ‘Dreamz by Danube’, worth AED500 million was sold out on the first day of the public sale in June this year.
The latest project, which encompasses 300 apartment units in a mix of studio, one, two and three bedroom properties, will be constructed in Dubai Studio City close to the proposed Village Centre.
The spacious homes range in housing area from 470 to 1,645 square feet in each apartment block of eight levels.