Dubai, 14 May, 2017: Danube Properties, Dubai's pioneers in affordable housing, has launched a new project called Bayz in Dubai's upcoming Business Bay neighborhood. The announcement of the AED 450 million project was made at a press conference, which was addressed by Rizwan Sajan, Chairman and Founder of Danube Group in the presence of senior management as well as the media.
The 29-storey Bayz tower comprises of 456 apartment units with magnificent views of the iconic Burj Khalifa and other structures such as the Marriott Marquee, the Dubai Canal, among others. Moreover, the property boasts state-of-the-art amenities including swimming pool, a fully-equipped health club and a kid's play area cum party hall.
Commenting on the event, Rizwan Sajan, said, “We are pleased to announce the launch of our latest project ‘Bayz'. This is the first time we have chosen Business Bay as our location and through the launch of this project we aim to redefine the concept of affordable luxury housing in Dubai. I am confident that investors will be pleased with our latest offerings especially because of the prime location and the price they can now buy homes.”
Ranging from studios to three-bedroom luxury apartments, each apartment comes fully furnished with a modular kitchen, exquisite Spanish tiles, and top-notch finishes. Furthermore, every home will include a European technology enabled convertible sofa that makes way for a bed- tucked into the wall. With this project Danube Properties will offer the lowest price in the Business Bay area and continue with their famous 1 percent payment plan, starting at AED 6490 per month.
Till date, Danube has launched eight very successful projects, which are sold-out. All projects launched under the Danube Properties portfolio are currently under construction, with the handover of the first project- Dreamz scheduled to commence soon. At present, Danube Properties has an impressive book value of AED 3 billion worth of extremely successful projects with millions of Square Ft under construction.