Danube Properties, a name synonymous with affordable luxury in Dubai’s real estate market, has an inspiring origin story that begins with its founder, Rizwan Sajan. Born in Mumbai, India, Sajan’s entrepreneurial journey started in 1993 when he moved to Dubai with a dream of building his own business empire. With humble beginnings as a home furnishings business, he has built the business into a multi-national empire, with multiple projects in the UAE and the wider MENA region. This guide will break down all the projects Danube has launched and plans to launch in the near and long term.
From Humble Beginnings to Real Estate Powerhouse
Initially, Sajan founded the Danube Group as a small trading business in Deira (old Dubai) focused on building materials in 1993 and built a niche in the space. The company quickly expanded, diversifying into various sectors including home furnishings, real estate development and hospitality. By 2024, Danube Group had grown into a multi-billion-dollar conglomerate with over 4,800 staff and operates in more than 30 countries across Middle East & Asia with an annual turnover exceeding $2 billion.
The Leap into Property Development
Recognizing that 80-90% of expats in Dubai were still renting due to the huge amount of capital required to buy a home, Sajan saw an opportunity to convert them into homeowners. This insight led to the creation of Danube Properties, the group’s real estate arm, which has since become a game-changer in the affordable luxury segment of property development in the UAE. Sajan and his team saw an opportunity to offer 1% per month payment plans, during and after the handover of real estate projects. This allowed home renters to become home owners without having to break the bank.
Current and Upcoming Danube Properties Projects
As of 2024, Danube Properties boasts an impressive portfolio of 16,234 units with a combined value exceeding AED 18 billion. Here is a list of their ready and under-construction projects;
Ready Projects:
Here’s a summary of Danube Properties’ current real estate portfolio:
Pearlz
- 13-storey building
- 302 apartments
- Studio, 1, 2, and 3-bedroom apartments
- Located in Al Furjan
Jewelz
- 16-storey building
- 463 apartments
- Studio, 1, and 2-bedroom fully furnished apartments
- Located in Arjan
Wavez
- 13-storey building
- 412 residential units
- 336 studios and 76 one-beds
- Studio and 1-bedroom apartments
- Located in Liwan, Dubailand
Olivz
- 6-storey building
- 741 modern apartments
- Studio, 1, and 2-bedroom units
- Located in Al Warsan, Dubai
Elz
- 8-storey building
- 275 apartments
- Studio and 1-bedroom apartments
- Located in Arjan, Al Barsha South
Lawnz
- 7-storey multi-complex building
- 1,032 apartments
- Studio, 1, and 2-bedroom fully furnished apartments including 32 shops
- Located in International City
Bayz
- 30-storey building
- 456 fully furnished apartments
- Studio, 1, and 2-bedroom apartments
- Located in Business Bay
Miraclz
- 37-storey building
- 591 apartments
- Studio and 1 and 2-bedroom fully furnished apartments
- Located in Arjan
Resortz
- 5-storey building
- 3 apartment blocks
- 444 apartments
- Studio, 1, 2 and 3-bedroom fully furnished apartments
- Located in Arjan
Glamz
- 14-storey building
- 426 studio, 1 and 2-bedroom apartments
- Studio and 1-bedroom apartments
- Located in Al Furjan
Starz 1 and 2
- 18-storey buildings
- 454 apartments
- Studio and 1 and 2 bedroom apartments
- Located in Al Furjan
Glitz 1
- 9-storey building
- 151 studio, 1, 2 and 3 bedroom apartments
- Located in Dubai Studio City
Glitz 2
- 9-storey building
- 151 studio, 1, 2 and 3 bedroom apartments
- Located in Dubai Studio City
Glitz 3
- 2 buildings – Glitz 3 Building 1 and Glitz 3 Building 2
- 9-storey building
- 358 studio, 1, 2 and 3 bedroom apartments
- Located in Dubai Studio City
Dreamz
- 171 duplex townhouses
- 3 and 4 bedroom units
- Townhouses and apartments
- Located in Furjan
Under Construction:
These are the projects which are currently under construction with Danube Properties
Diamondz
- 65-storey building
- 1,200 apartments
- 1,2 3 and 4-bedroom fully furnished apartments
- Located in Jumeirah Lake Towers
- Handover date: Q4 2027
- Link to a Viewit listing in Diamondz: https://viewit.ae/listings/1691
- Link to a blog talking more about Diamondz: https://viewit.ae/blogs/diamondz-by-danube-own-your-luxury-apartment-for-only-1-per-month
Bayz 101
- 102-storey building
- 1,346 apartments
- Studio, 1,2 3 and 4-bedroom fully furnished apartments
- Located in Business Bay
- Handover date: Q2 2028
Sportz
- 2 40-storey towers
- 1,100 apartments
- Studio, 1, 2 and 3 bedroom apartments
- Each apartment comes with a private pool
- Located in Dubai Sports City
- Handover date: Q2 2027
Oceanz
- 3 50-storey interconnected buildings with a common podium
- Oceanz Tower 1, Oceanz Tower 2, Oceanz Tower 3
- 1,250 apartments
- Studio, 1, 2 and 3-bedroom fully furnished apartments by Tonino Lamborghini Casa
- Ocean Views from each apartment
- Located in Dubai Maritime City
- Handover date: Q1 2027
Elitz
- 2 towers, Tower A is 42-stories and Tower B is 47-stories with a shared podium
- 592 apartments
- Studio, 1, 2 and 3 bedroom apartments
- Located in District 11, Jumeirah Village Circle
- Handover date: Q4 2025
- Project has 1% per month payment plan
Elitez 2 and 3
- 2 towers, Tower 1 is 52-stories and Tower 2 is 49-stories with a shared podium
- 801 apartments in Tower 2 and 692 apartments in Tower 3
- Studio, 1, 2 and 3 bedroom apartments
- Each apartment comes with a private pool
- Located in District 10, Jumeirah Village Circle
- Handover date: Q4 2026
Fashionz
- 62-storey building
- 788 apartments
- Studio, 1,2 3 and 4-bedroom fully furnished apartments
- Located in District 4 Jumeirah Village Triangle
- Handover date: Q3 2026
Viewz 1 and Viewz 2
- 2 48-storey interconnected buildings with a common podium
- Viewz Tower 1 and Viewz Tower 2
- 1,132 apartments
- Studio, 1, 2, 3, 4 5-bedroom fully furnished Aston Martin interior apartments and sky villas
- Located in Jumeirah Lake Towers
- Handover date: Q2 2026
Petalz
- 7-storey building
- 350 apartments
- Studio, 1, 2, and 4-bedroom duplex apartments
- Located in Al Warsan
- Handover date: Q4 2025
Opalz 1 and Opalz 2
- 2 22-storey interconnected buildings with a common podium
- Opalz Tower 1 and Opalz Tower 2
- 575 apartments
- Studio, 1, 2, and 3 bedroom apartments
- Located in Dubai Science Park
- Handover date: Q3 2025
Gemz
- 16-storey pyramid shaped building
- 279 apartments
- Studio, 1, 2, and 3 bedroom apartments
- Located in Al Furjan
- Handover date: Q1 2025
Skyz
- 41-storey building
- 827 apartments
- Studio, 1 and 2 bedroom apartments
- Located in Arjan
- Handover date: Q2 2025
Bayz 102
- 103-storey building
- 1,200 apartments
- Studio, 1, 2, 3, 4 bedroom apartments and penthouses
- Located in Business Bay
- 70 / 30 payment plan
- Handover date: Q2 2029
Oasiz 1
- 38-storey building
- 410 apartments
- Studio, 1, 2 and 3 bedroom apartments
- 1% per month payment plan
- Located in Dubai Silicon Oasis
- Handover date: Q4 2027
Oasiz 2
- 38-storey building
- 483 apartments
- Studio, 1, 2 and 3 bedroom apartments
- 1% per month payment plan
- Located in Dubai Silicon Oasis
- Handover date: Q4 2027
Unique Selling Points:
Danube is different to most other developers. It is a private company and has been able to sustain and grow without government or public funds. It started with focusing on middle-income families looking to buy property instead of renting and has since expanded it’s offerings to high-end and ultra high-end properties, with tie ups with Aston Martin and Tonino Lamborghini Casa among others. Here are some key selling points of their growing portfolio.
- 1% per month post-handover payment plans
- Modular homes in select developments
- Prime locations across Dubai
- Fully furnished and fully fitted kitchen apartments
- Affordably priced
Benefits of Buying with Danube Properties
Innovative Payment Plans
Danube Properties has revolutionized home ownership in Dubai with its 1% payment plan. This innovative approach allows buyers to offset their monthly rental payments and instead build equity in their own property.
Quality and Amenities
Danube Properties is renowned for its comfortable, conveniently located residential complexes with attention to the smallest details. Their developments often feature:
- Spacious living spaces designed for family living
- Thoughtful details and unique design solutions
- Green zones and squares (up to 40% in some complexes)
- Over 30 amenities in select projects
- Special attention to health and well being
- Unique amenities such as pools in every apartment, badminton courts, jogging tracks and huge infinity pools in select developments
The Danube Difference
What sets Danube Properties apart is its innovative payment plans, quality constructions, and its commitment to timely delivery. The company has consistently met project deadlines, earning the trust of customers and investors alike which is why their projects sell out within days of launch.
Vision for the Future
Danube Properties’ vision extends beyond just building homes. They aim to create vibrant communities that enhance the quality of life for residents. With a focus on value engineering, quality construction, and on-time delivery, Danube Properties is set to continue its upward trajectory in Dubai’s competitive real estate market.
In conclusion, Danube Properties’ journey from a small trading enterprise to a real estate giant is a testament to Rizwan Sajan’s vision and the company’s commitment to innovation. As they continue to shape Dubai’s skyline with affordable luxury homes, Danube Properties is not just building structures – they’re crafting lifestyles and contributing to the emirate’s growth story.
As always, keep checking Viewit for the latest and most comprehensive real estate news in and around the UAE!