Danube Properties has announced that it has handed over its Gemz residential project five months ahead of schedule. The US $95.2mn project was launched in June 2022 and Danube says that early handovers have become a tradition for its projects.
On 14 November, a ceremony was held in Al Furjan at Gemz by Danube to start the handover of keys to homeowners. The ceremony was attended by Mohamed Al-Bidwawi, CEO of RERA on behalf of His Excellency Eng. Marwan bin Ghalita, Director General of Dubai Land Department, as well as senior leaders of Danube Group, in addition to industry executives and residents.
“Danube Properties is proud to be a pioneer in a number of initiatives in the Dubai real estate market such as a 1% payment plan, 40-plus amenities and the highest capital appreciation and rental incomes to buyers. We have also set the trend of delivering projects ahead of schedule, a remarkable feat that other industry players also want to emulate,” said Rizwan Sajan, Founder and Chairman of Danube Group, the parent company of Danube Properties.
With a built-up area of 530,000sqft, Gemz is developed on a plot of 101,000 sqft. The G+P+14-storeyed project houses 270 apartments, including 24 Studios, 74 one-, 114 two- and 42 three-bedroom apartments, while 16 apartments are duplexes. The project features over 30 amenities that cater to the wide-ranging needs of residents. Gemz also features unique convertible layouts that allow a one bedroom unit to be made into a two bed-room unit, and a two bedroom unit into a three bedroom unit, said the statement.
Buyers who booked and paid their initial deposit on the day of the launch of Gemz had their homes fully furnished by Danube Home – a one-stop solution for all furniture, home décor, furnishing and sanitaryware. The statement added.
He added, “We consider our commitment with utmost sincerity. Delivering projects ahead of time is fundamental to Danube Properties’ principles and values. Handing over projects well ahead of time saves end-users from monthly rental costs, while investors earn extra income by leasing their properties.”
Danube has successfully delivered numerous projects in Dubai, including Jewelz, Wavez, Elz, Lawnz, Bayz, Miraclz, Glamz, Starz, Glitz 1, Glitz 2, Glitz 3, Dreamz, Resortz, Pearlz and Olivz, the statement concluded.