Danube Properties began operations as recently as 2014. Still, it has scaled at an enviable rate to become a behemoth developer meeting the specific requirement of affordable housing in Dubai.
The raw numbers tell a story of their own. In 2018, Danube Properties sold over 1860 units for almost Dhs1 billion, recording a staggering 78.5 per cent year-on-year growth in residential property sales.
Five years after it started operations, Danube Properties has 14 projects in various stages of completion, with six already delivered. The projects include 5433 residential properties and 20 retail spaces, with an expected total sales value of Dhs3.82 bn.
While the real estate market is evolving to balance the delicate, often volatile, relationship between demand and supply, Danube is pushing forward. “We have three projects totalling around Dhs1 bn worth of inventory that we are delivering this year. We have already delivered a twintower project, Starz, while another project called Resortz, which has a neo-classical design, will be delivered in Q3 this year. Even the last project that we launched, Elz by Danube, is 90 per cent sold out,” says Atif Rahman, Director and Partner at Danube Properties.
Wavez is the latest launch by Danube to take place this year. Located in Liwan, the development is easily accessed both from Sheikh Mohammed Bin Zayed Road and Al Ain Road.
Continue reading your story on the app
Continue reading your story in the magazine
Breaking the mould
A collision of forces has given birth to a new project called The Great Design Disaster. Led by a passionate duo – interior architect Gregory Gatserelia and design enthusiast Joy Herro – its aim is nothing short of shaking up the traditional boundaries of the contemporary design market. identity catches up with Herro to learn more.
A taste for luxury
Häcker Kitchens is on a mission to 'disrupt the kitchen industry' in the Middle East
An Italian affair
An exclusive collection by online retail platform Artemest has been curated by Dubai-based interior designer and founder of Styled Habitat, Rabah Saeid, and combines Italian handcrafted pieces inspired by cosy nights in.
At the nexus of design and function
Casamia is home to truly contemporary kitchens for lovers of elegance and understated style
DESIGN FOCUS: A FEAST FOR THE EYES
As a place for everything from cooking and eating to entertaining and gathering with family and friends, the kitchen is the heart of any home. It can be a space that invites creativity as well, not only with food but also with design. Contemporary or traditional, urban-inspired or with a countryside feel, adorned with neutral colours or noble materials, bespoke or modular: there are many options to reflect your own style.
Launched just a few months ago, new brand and gallery Don Tanani revives the past with a contemporary eye, through objects that are at the crossroads of design and art
The voices of 4000 Lebanese citizens have travelled to the Venice Architecture Biennale as part of Beirut-based architecture and design duo T SAKHI’s installation, ‘Letters from Beirut’. With the hope of fostering dialogue and honouring the Lebanese community, the installation shares narratives in the wake of the city’s ongoing reconstruction following the explosion in Beirut on 4 August last year.
An urban legacy
A new book chronicling Sharjah’s modern urban landscape offers a wide-ranging view of the UAE’s third-largest city
This Sydney home achieves harmony through the perfect balance of proportions, materials and colours
A labour of love
The House of Today platform has supported emerging design talent and students in Lebanon for nearly a decade. Today, in the face of ongoing challenges, their efforts remain as solid as ever.
Castles, Waltzing and Wine
Cruise to enchanting destinations along the beautiful Danube.
Venture out in Vienna, a city of opulence and grace.
Mauthausen Concentration Camp: Because Turning Away is Never an Option
Yes, of course, the four Central European capitals we visited on our Danube River Cruise with Grand Circle – Prague, Czech Republic, Vienna, Austria, Bratislava, Slovakia and Budapest, Hungary – overwhelmed with their impressive history, expansive promenades and architectural grandeur. But it was an experience in Linz in Upper Austria that most impacted me – a visit to the Mauthausen Concentration Camp, one of the first to be built and the last to be liberated.
BEYOND THE BED
THERE’S NO SUCH THING AS CABIN FEVER WHEN YOU’RE STAYING IN THESE AT-SEA ACCOMMODATIONS.
YOU’LL BE CRUISING FOR A JUICING AT THESE HEALTHY HOTSPOTS.
Vienna - Imperial City Of Song
Even with its legendary laid-back coffeehouse culture, distinguished concert performances and celebrated balls, a lot of work gets done in Vienna.
A SERBIAN DALLIANCE
A veteran travelling couple offers the keys to a memorable romantic caper in Serbia.
NO WAY BUT UP
In an exclusive interview, chairman of Dubai’s Danube Group, Rizwan Sajan, outlines why he is confident about a ‘V’ shaped recovery in the UAE, how his company has navigated the Covid-19 crisis and what lies ahead
The Sacred Bond Between Mom and Me
Life Lessons from Lallaine and Helene Gogna
KEEP ON running
From an early morning jog around Vienna to cycling along the banks of the Wachau Valley, a Danube river cruise is the ideal opportunity to get active, discovers Sara Macefied