Dubai Success and Expansion Plans
Under the stewardship of Rizwan Sajan, Danube Group has established a befitting niche for itself in Dubai’s bustling realty market with a clutch of successful projects. In the last two years alone, the group has announced 12 projects ranging from affordable housing to luxury sky villas. Known for its innovative 1 percent payment plan, Danube Properties is attracting a sizable clientele, especially from India, which forms 30-40 percent of its customer base here in Dubai.
PC: Danube Group
Eyeing New Frontiers: Abu Dhabi and Ras Al-Khaimah
Riding on the success in Dubai, goaded by interest from Indian investors seriously viewing Abu Dhabi and Ras Al-Khaimah, Danube Group is now zeroing in with a belligerence that is hard to ignore. It has been decided that the group would open Abu Dhabi and Ras Al-Khaimah markets, responding to the growing demand for real estate investment opportunity Viewport by Indian nationals in the UAE. Sajan revealed that though the company was currently eyeing opportunities in these emirates, their current focus was serving the commitments in this vibrant market of Dubai.
Unique Offerings and Market Comparison
Danube Properties not only differentiates itself with its payment plans but also in quality and size. For example, the 1 BHKs are starting from an area of 700 sq ft (in carpet), which in itself is more spacious than what the size for a 1 BHK in comparison would be at other places in Mumbai. This trait of spacious living is carried ahead into larger units, including 2 BHKs, 3 BHKs, and expansive 4 BHK sky villas ranging from 3,000 to 3,500 square feet.
Comparison with Mumbai’s Real Estate Landscape
Affordable to Luxury: Pricing Dynamics
Thanks to competitive pricing, starting at about ₹1.90 crore, going up to over ₹10 crore for luxury sky villas, Danube Properties caters to diverse market segments in Dubai. This price range, along with the flexibility in payment they offer, contributed to appealing to a lot of buyers eyeing quality homes in the dynamic UAE market. According to Sajan, despite premium pricing, value play, often in terms of space and amenities, far exceeds what one could expect in the Mumbai property market.
Regulatory and Tax Environment
This simplified taxation structure is one of the major factors that make Danube’s operations relatively easy in Dubai. Put simply, a buyer pays only 4 percent of the total cost of property, and a developer has to pay a similar tax rate on the cost of land. It is this very clarity and swiftness in regulatory processes that makes Dubai, like never before, an ideal destination for real estate development.
It underlines strategic expansion, tamed by market demand and investor interest, that the Danube Group will make as it broadens itself from Dubai toward Abu Dhabi and Ras Al-Khaimah. Having established a strong portfolio of projects, 28 in number, with a cumulative value of over USD 5.44 billion, the group is only well placed to exploit the value chain within new territories of the UAE, aided by experience and a customer-sensitive approach.
Ambitious, with the group expanding at a time when many others will be holding back, underlining the buoyancy of UAE real estate powered by strategic initiatives and investor confidence; as developments take shape, Danube Group remains steadfast in its commitment to creating exceptional living experiences while contributing to the changing skyline of the Emirates.
