Danube Properties plans to implement new projects in the prestigious communities of Dubai –Dubai Marina and Downtown Dubai. The developer confirmed cooperation with the owners of land plots, on which further plans for the sale of housing depend. It is planned to conclude the discussions in the first weeks of the year, after which it will be possible to start work on project details and start sales.
Vice-chairman of the construction company Anis Sajan says that the group's projects will provide buyers with affordable luxury. If the developer specialized in housing stock in the middle price category, then in the new project, it will not adhere to the usual budget. Premium-class land plots will be built up with real estate of the appropriate class. Cost control will be based on joint participation in the project. Landowners are interested in the developer's offer, as they cannot monetize the land.
According to the founder of the Danube Group Rizwan Sajan, this approach is beneficial for everyone. Landowners make a profit, as selling elite plots is likely to be unprofitable, and the developer saves money on buying construction sites. The construction period of the housing stock is three years.