Wednesday, June 25, 2014

Danube Group now in real estate

Dubai-based building materials giant Danube Group has taken its first foray into the property development market with the launch of a $136mn residential project in Al Furjan.


 Danube, originally a building materials company, is now making a come through in the property development market. The project set to start soon is scheduled to be complete in 2016. RizwanSajan, chairman of Danube was glad to re-invest in real estate to help the market grow further. He considered it a display of his commitment to the UAE market. The Dreamz will comprise of 175 three and four bed townhouses in the Al Furjan community. Price range will begin from 680,000.