Key Takeaways
furnishing and Décor industry and created a presence in the entire Middle East region. Danube Properties climb Danube Properties is one of Dubai’s largest private property developers, with a portfolio of 14,888 units in 27 projects totaling more than Dh15 billion. Today, there is no looking back. As the business grew, Danube hired more people, and slowly, from a two-person company, it grew into what became a billion-dollar conglomerate. Danube Properties maintains a policy of launching one project at a time, selling it out, and then appointing a contractor to build the project before launching the next one. “Danube Properties has come a long way in perfecting the art of building a home! For more than a decade, we have delivered affordable luxury to thousands of families,” Sajan told Invest GCC magazine. “From this year on, we have ventured into branded residences by joining hands with luxury brands such as Aston Martin, FashionTV, and Tonino Lamborghini Casa to bring a new class of residences to our buyers,” he said. Danube Properties continued to expand its development portfolio by launching Glitz Residence 1, 2, 3, Starz, Glamz, Miraclz, Resortz, Bayz, Jewelz, Elz, Lawnz, Wavez, Olivz, Skyz, Pearlz, Gemz, Opalz, Petalz, Elitz 1, Viewz, Fashionz, Elitz 2, Elitz 3, Oceanz, Eleganz, and Sportz. Danube Properties offers homeowners a 10-year Golden Visa, especially those who qualify as per the investment criteria, subject to government approval. As a testament to the Dubai Land Department trust, the DLD also signed an agreement with Danube Properties to offer an Initial Sale Contract (Oqood) to property buyers almost instantly. The Inception of the revolutionary 1% Plan The 1% payment plan is a way to complete the aspirations of every expat in Dubai to possess their own dream home and relish the luxuries this vibrant city has to offer. By the time Sajan entered the property sector, there were already multiple big players established in the sector. Sajan knew he had to come up with something special to compete because he
• Danube Properties is one of Dubai’s biggest private property devel- opers, with a portfolio of 14,888 units in 27 projects totaling more than Dh15 billion • Danube Properties maintains a policy of launching one project at a time, selling it out, and then appointing a contractor to build the project, before launching the next one • The 1% payment plan is a way to complete the aspirations of every expat in Dubai to possess their own dream home and relish the luxuries this vibrant city has to offer realised that 80 to 90 percent of expats were still renting, and Sajan wanted to convert them into buying their properties. This is how they came up with the one percent plan. Apart from a small down payment, the buyers had to make a monthly payment of 1%, and the balance was collected once the building was ready. For more than a decade, Danube has delivered affordable luxury to thousands of families. Danube Properties has come a long way in perfecting the arts and science of developing homes with all the facilities, amenities, and quality finishing and delivering them on time and at an affordable price. In the last six years, Rizwan Sajan has appeared all six times in the Forbes Middle East’s list of “Top Business Leaders in the UAE” and his highest rating was at 7th position in the same list. • The accolades • Danube Group, under the leadership of Sajan, remains dedicated to sustainability, aligning with Dubai’s “2023 – The Year of Sustainability” narrative by constructing comfortable, sustainable, and environmentally friendly homes and communities.
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INVEST GCC: DAVOS 2024
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