Opalz project sold out on first day due to strong demand

DUBAI: Danube Properties has announced that its latest project Opalz, a twin-tower residential project with sales value exceeding Dhs525 million, has been sold out on the first day of launch due to strong demand for Danube Properties homes.

This reflects growing public trust and investor confidence in Danube Properties which has delivered 13 of the 17 projects it has launched so far. Opalz is the developer’s 18th project. It has recently awarded construction contracts for Skyz and Pearlz while Gemz is in the tendering process.

“The investors, end-users and brokers have been waiting to book apartments in the new project for some time as the word about Opalz has gone out in the market,” Rizwan Sajan, Founder and Chairman of Danube Group, said at a crowded press conference at Danube Properties head office in Dubai.

“The end-users, investors and brokers have lined up to lay their hands on Opalz since the opening of sales earlier today. As a result, the project has been completely sold out. This sell-out at launch in the currentmarketconditionsreflectthecustomers’trust in us and their growing confidence in our ability to deliver luxurious properties at affordable price on time, on quality and at 1 percent per month payment plan – which is very rare in this part of the world.”

Indian comedian and actor Kiku Sharda graced the Opalz launch – one of the most successful project launch events in the history of Dubai’s real estate sector. Kiku Sharda is one of many Bollywood celebrities who have invested in Danube Properties’ homes – due to their strong appeal, higher return on investment and faster appreciation of the assets ater delivery.