(MENAFN - Muscat Daily) Muscat- Danube Properties introduced its prestigious Lawnz project in Dubai to the Omani market at Grand Hyatt Muscat on Wednesday.
The property has sold out 80 per cent in just four days.
Speaking about the Lawnz, Atif Rahman, director and partner of Danube Real Estate Company, said, 'We are extremely satisfied with the project and the response that we got from our valued customers. The Lawnz project that was launched last week is our 11th and the first in the Dubai International City.
'With a budget of AED500mn, the project has 1,064 housing units, including one and two-bedroom studios and apartments. This is the largest project we have undertaken so far and it is located in the cosmopolitan city within a very vibrant community.'
He added that Lawnz is the second project launched by the company this year and includes several modern facilities such as a health club, swimming pool, steam room and sauna, multi-purpose hall, jogging track, barbecue platform, ball court and tennis court and high-tech surveillance system to ensure security of the residents.
While 50 per cent of the units are studio apartments, 40 per cent are one-bedroom apartments, and ten per cent are two-bedroom ones. The rest 50 per cent of the area has been allocated to green spaces and landscaping.
Rahman added that the apartments have been priced at very competitive rates. 'Through smart marketing and an easy payment method, which represents one per cent per month of the value of the unit, the company will be providing luxury at reasonable prices,' he said.
At the press conference it was also announced that the company will open its new office in Muscat by next year.
Rahman said, 'Over the last four years, Danube Properties, with its customer-focused approaches, has created a solid reputation in the market for delivering quality homes at affordable prices.
'We have a strong market in Oman and there are many potential buyers.
'The landscape is remarkable and with a rich history, culture and an excellent governance We at Danube have plans to invest in real estate opportunities in Oman as well in near future.
'Our new office in Muscat will help to assist such buyers to streamline the process and a dedicated office will meet their needs and questions. An expert team will always be available to answer any question regarding the property, location and payment.'
Catch the full video interview with Danube Real Estate Company's Atif Rahman on youtube or on our Facebook page.