Dubai — Mubasher: Danube Properties announced that Cast Construction has been awarded an AED 149.5 million ($40.6 million) contract to implement construction works for its residential project Jewelz.

Located at Arjan, near Miracle Gardens, Dubai, the project offers 463 residential units, including studio, one and two-bedroom apartments.

Launched in March, the AED 300 million development is set for completion in the first quarter of 2020, the UAE-based real estate developer said.

The property features a slew of amenities, comprising a health club, swimming pool, steam and sauna room, multi-purpose hall, jogging track, barbecue deck, badminton court, and paddle tennis court.

Danube previously announced that 85% of its Jewelz project, its 10th housing project, had sold out within two months of its market debut.