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Danube Lawnz

Dubai’s Danube sells 80% of new Lawnz project in 3 days

Danube Lawnz

Danube Properties has announced that it has sold 80 percent of the phase 1 of Lawnz, its AED550 million ($150 million) affordable housing project, within three days of the project’s launch. Phase 1 consists of 515 residential units, comprising studio, one-bedroom and two-bedroom hall apartments with prices starting from AED290,000. A second phase of the…

Developer lowers ticket price to attract investors

Danube Lawnz

Developers are back at testing the waters after a relatively quiet first half of the year. While the first six months of 2018 saw developers launch 7,000 units in Dubai, this was a small number in comparison with the 19,975 homes launched in the corresponding period a year ago, according to data from Reidin. Danube…