Danube Properties

As the real-estate arm of the Danube Group—founded in 1993 by Rizwan Sajan—Danube Properties has carved a niche delivering stylish, affordable luxury across Dubai’s hottest districts. Since its launch as the group’s property-development division in 2014, it’s shaken up the market with rapid handovers, bold payment plans and headline-grabbing launches like Diamondz and SPARKLZ. Here’s an insider’s view.

Roots & Vision

Parentage

Danube Properties operates under the Danube Group, a building-materials and retail conglomerate established in Deira in 1993 by Rizwan Sajan (Wikipedia).

Launch

Spun off in 2014 to focus on residential real-estate, the division set out to offer “affordable luxury” to middle-income buyers, combining on-time delivery with premium finishes (aktrealestate.ae).

Corporate Structure

Founder & Chairman

Rizwan Sajan, a self-made entrepreneur known locally as Dubai’s “1% Man” for his innovative 1% monthly installment payment plan.

Headquarters

Dubai, UAE, with sales offices strategically placed in Al Furjan, JLT and Business Bay.

Business Divisions

Mid-Market Residential

High-rise apartments and townhouses in Al Furjan, Jumeirah Village Circle, Business Bay and Dubai Maritime City.

Off-Plan Launches

Regular unveilings of thematic towers—Fashionz, Viewz, Elitz—designed to resonate with first-time buyers and investors seeking yield.

Payment Innovation

Pioneered the “1% payment plan,” requiring just 20% down and 1% monthly installments, making home ownership more accessible (Wikipedia).

Signature Projects

Gemz & Pearlz (Al Furjan)

Delivered ahead of schedule in Q1 2024, featuring studios to 3-bed units around community parks and retail plazas (Wikipedia).

Viewz (JLT)

Twin towers with 1–5 BR apartments overlooking the Marina skyline. Viewz Phase 2 kicked off in May 2023 and handover begins Q2 2026 (Property Finder).

Diamondz (JLT)

A 65-storey, AED 2.4 billion skyscraper launched April 2024, complete with 40+ amenities and a Salman Khan “Being Strong” fitness centre—a first for any Dubai developer (Gulf News, Gulf News).

SPARKLZ (Al Furjan)

Unveiled at IPS 2025, this mid-rise community emphasizes smart homes and co-working lounges, targeting young professionals seeking modern, connected living (Zawya).

Milestones & Growth

1993

Danube Group founded by Rizwan Sajan

2014

Danube Properties launched as real-estate arm

2021

Introduction of 1% payment-plan model

2023

Completion of Gemz ahead of schedule

Apr 2024

Launch of AED 2.4 billion Diamondz project in JLT

Apr 2025

Reveal of SPARKLZ at International Property Show

Why Danube Properties?

Speed & Reliability

Known for earliest-in-class handovers, building trust among investors.


Accessible Luxury

Combines contemporary design with competitive pricing and innovative finance.


Market Responsiveness:

Regularly refreshes its portfolio to match emerging buyer trends—fitness-themed gyms, co-living spaces, waterfront views.

Strong Parentage

Backed by Danube Group’s US$ 2 billion annual turnover and decades of diversified business experience.


On the Horizon

Bayz 102 (Business Bay)

A 1,300-unit tower featuring a future-ready helipad, due to hand over by Q4 2028 (Wikipedia).

Timez & Oasiz (Al Furjan)

Upcoming mid-rise launches slated for Q3 2025, with flexible 10/60/30 payment plans.

Jumeirah Lake Towers Expansion

Early-stage planning for a third Diamondz-style tower, leveraging celebrity-branded amenities and ultra-fast delivery schedules.

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Whether you’re stepping onto the property ladder or adding to a rental portfolio, Danube Properties has proven it can deliver modern, affordable luxury at pace—making it one of Dubai’s fastest-growing mid-market developers.

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