Dubai developer Danube Properties has lately declared that all apartments of its regular project called Glamz Residence are successfully sold out in Dubai. This is the sixth complex in the sector of affordable housing that is extremely popular with the developer’s clients.
It is known that the budget of the project located in the area of Al Furjan amounted to 300 million dirhams, which in dollar terms means approx. 81 million US dollars.
After having been launched last month, Glamz Residence consists of 418 types of housing, including studios and apartments with two and three bedrooms. The key feature of some apartments is the availability of beds, which can be “folded against the wall” to save some space.
The Danube Properties representatives also reported that their projects, namely, Glitz 1, 2 Glitz, Glitz 3, the Starz, as well as Glamz are performed ahead of schedule for 4-5 months, which has a positive effect to the developer’s reputation.