Building material cost hikes ‘to boost property prices’

An increase in building materials price could push up the prices of apartments, villas and office space, if not contained in the...

Property

Danube Properties launches $109m ‘Miraclz’ Project

Danube Properties has announced the launch of a $109 million project dubbed ‘Miraclz’, located at Dubai’s Arjaan neighborhood. The project, the developer’s...

Property

Dubai’s Danube Group posts 83% rise in turnover

Danube Group has announced revenues of AED 5.13 billion ($1.4bn) for 2015, 83% higher than its AED 2.8 billion ($762.3m) turnover in...

Construction

Danube launches ‘affordable’ Glamz Residence in Dubai

UAE-based developer Danube Properties has launched its sixth “affordable” housing project in Dubai, the company announced. The Glamz Residence development, which is...

Construction

Danube awards $50m construction contract for Glitz Residence 3 in Dubai

Developer Danube has awarded an AED185 million ($50.4m) contract to Naresco Contracting for the Glitz Residence 3 development in Dubai Studio City....

Property

Danube renames Ritz Tower after trademark clash

Dubai-based Danube Properties has renamed its Ritz Tower project after realising that the name clashed with another trademark, the company announced. The...

Property

Dubai’s Danube Properties sells 85% of Ritz units

The Dubai-based developer Danube Properties has announced it has sold 85% of its latest Dh300 million ($82m) Ritz project. Studio units in...

Construction

UAE’s Naresco bags construction contract for Danube’s Glitz 1 and 2

Dubai developer Danube Properties has awarded a contract to UAE-based Naresco Contracting for the main construction of its upcoming residential projects, Glitz...