Category: News & Events

101 Floors, 1,346 Homes & More; Dubai Soon To Welcome Bayz101 With Units Starting At AED1.2M

Dubai, a city synonymous with architectural marvels, is set to welcome Danube Properties’ latest gem – Bayz101. This ambitious project, situated in the heart of Business Bay, is a colossal 101-level skyscraper boasting 1,346 homes, with prices starting at an enticing AED1.2m ($327,000). Let’s delve into the details of this groundbreaking venture.

In the realm of towering structures, Bayz101 stands as the fourth tallest in Dubai, joining the elite league alongside the iconic Burj Khalifa, Marina 101, and Princess Tower. Scheduled for completion in 2028, this mega-tall tower is not merely a residential haven; it is a testament to Danube Properties’ commitment to luxury and investment excellence.

Covering a sprawling 2.1 million square feet, Bayz101 marks Danube Properties’ largest venture to date, both in terms of units and overall space. The project offers a diverse range of living spaces, from chic studio apartments to spacious four-bedroom homes, alongside retail options, catering to a myriad of lifestyle preferences.

With prices commencing at AED1.2m ($327,000) for studio units, Bayz101’s total development value surpasses AED3bn ($817m). What sets this project apart is its 1% monthly payment plan, providing accessible funding options and turning the dream of home ownership into reality for aspiring homeowners.

Dubai, a city known for pushing boundaries, jointly holds the record for hosting the highest number of towers with 100 floors, alongside Chicago. Bayz101 is not just a skyscraper; it is a bold statement reflecting Danube Properties’ larger-than-life dreams converted into reality.

Beyond its towering presence, Bayz101 offers residents more than 40 amenities, including a health club, swimming pool, jogging track, sports arena, working space, business centre, meeting place, tennis court, sky bar, and even on-call medical services. Overall, the comprehensive array underscores Danube Properties’ commitment to enhancing the living experience.

Reflecting on Success And Looking Ahead

Rizwan Sajan, Founder and Chairman of Danube Group, expressed gratitude for the overwhelming response to their previous projects. And, he emphasized the city’s role in inspiring bold initiatives. Bayz101, he declared, is not just a dream but a historic moment, symbolizing the realisation of their grand vision.

As Bayz101 takes its place in Dubai’s skyline, it adds to the city’s architectural splendour. Also, it stands as a testament to the relentless pursuit of excellence by Danube Properties.

Source: https://curlytales.com/101-floors-1346-homes-dubai-soon-to-welcome-bayz101-with-units-starting-at-aed1-2m

Danube Properties launches Sportz, its 7th project of the year

Fast-growing real estate developers Danube Properties has launched its seventh project of the year, Sportz. The project will be a 39-floor tower that will deliver 1,100 apartments in Dubai Sports City.

Similarly, Danube has also unveiled its first ready-to-move-in project, Eleganz, which will deliver 259 stylish and elegant apartments and townhouses at the Jumeirah Village Circle.

The announcement of Sportz marks the 27th project revealed by the developer since their entry into the real estate market in June 2014. It is also the 12th project disclosed within the last 22 months. This unveiling follows the complete sell-out of two out of three towers of the Oceanz project, announced in September of the current year. Notably, Sportz is the seventh project introduced by Danube Properties in the current year alone.

Dubai Fitness Month, endorsed by His Highness Sheikh Hamdan bin Mohammed Al Maktoum, urges residents of Dubai to prioritise their health and well-being. Fazza’s vision to establish a fitness-centric community, encouraging active and healthy lifestyles while fostering a culture of wellness and vitality in the city, has played a pivotal role in inspiring Danube Properties to create a community like Sportz.

Danube Properties launches Sportz

Sportz by Danube is set to redefine standards in real estate projects by offering unparalleled sports amenities. These include an Olympic-sized lap pool, trampoline area, table tennis, wall climbing, and a sky jogging track, providing residents with an unmatched recreational experience. Additionally, Sportz will offer mentoring and coaching as part of its amenities, showcasing Danube Properties’ dedication to promoting an active and vibrant lifestyle for Dubai residents.

Eleganz, another venture by Danube Properties, allows customers to secure a property by making a 40% down payment and subsequently paying the remaining 1% monthly. Buyers can begin enjoying a guaranteed 6% return on investment from these fully-furnished properties almost immediately. Notably, Eleganz represents Danube Properties’ first ready-to-move-in project to hit the market.

A hefty project portfolio

With the introduction of Sportz and Eleganz, Danube Properties’ project portfolio will encompass 14,888 units spread across 27 projects, with a cumulative development value exceeding $4.2 billion thus far.

“The twin launches reflect a strong commitment of Danube Properties to the UAE economy, which is one of the fastest-growing economies in the region,” Rizwan Sajan, Founder and Chairman of Danube Group, said. “Real estate is still one of the most lucrative and sustainable asset classes for investors who want to make the best use of the asset that offers a high return on investment.”

“With Eleganz, we tested the ready-to-move-in market segment while all other projects have been on the off-line market. This reflects our ability to build and deliver projects with our financial resources and makes Danube Properties one of the most sustainable developers in this part of the world.”

All Danube Properties’ homes come with a trend-setting 1 percent monthly payment plan and 40+ amenities, following the initial deposits – making home acquisition and possession more affordable and attractive.

Smart and sustainable homes

In addition to launching projects and building them, Danube Properties will also deliver two projects this year including Jewelz, and Olivz. Also, most of the projects launched in 2022 and 2023 are ahead of the construction and delivery schedule.

“Homes at Sportz will take lifestyle to a completely new level with state-of-the-art Sports amenities like never before that will offer a luxury and larger-than-life lifestyle to homeowners who will be pampered with the best of the best that is available in the market,” Rizwan Sajan says.

Apartments within Sportz and Eleganz will be smart and sustainable homes and will consume less energy – in line with the UAE’s commitment to sustainability ahead of COP28. Danube Properties offers an instant initial sale contract on-site and also a 10-year Golden Visa – especially for those who qualify as per the investment criteria – subject to government approval.

As one of the most successful developers in the UAE with the highest launch-to-delivery ratio, Danube Properties has delivered Bayz, Glamz, Starz, Resortz, Elz, Lawnz, and Wavez while it prepares to deliver two more projects this year. All these projects have been greatly appreciated by those who have bought units in them.

Source: https://www.constructionweekonline.com/projects-tenders/danube-properties-launches-sportz-its-7th-project-of-the-year

Rizwan Sajan’s journey: From the slums of Ghatkopar to the glitzy world of luxury in Dubai

Is there anything common between Aston Martin, Fashion TV, Tonino Lamborghini Casa and Filmfare on one side, and the slums of Mumbai, one of the largest building materials companies in Dubai, and Danube Group—a diversified business conglomerate which clocked a turnover of $2 billion last year—on the other side? There is only one: Rizwan Sajan. The first-generation entrepreneur was born in the slums of Ghatkopar in Mumbai. After dropping out of school, he landed a job as a salesman in Kuwait, founded a trading firm in Dubai in 1993, went on to buy the rights for Filmfare magazine in the Middle East, and is now building luxury apartments and villas that have a tie-up with brands such as Aston Martin, Fashion TV and Tonino Lamborghini Casa to take care of the interiors of a suite of luxury residential projects.

If you haven’t noticed the Danube Group, you are not watching enough TV, especially the ongoing cricket World Cup matches where the Dubai-based conglomerate with interests in building materials, home décor and real estate has been feverishly advertising, or you have not been flying top Indian airlines where one can spot stickers of ‘The 1% Man’ plastered on the rear side of the headrest of the seats. Over the last few months, Sajan and his Danube Group have been relentlessly wooing Indians to buy high-end and luxury residential properties in Dubai by pitching the country as a great investment destination.

From the slums to luxurious towers, how does one explain the fairytale journey? The entrepreneur starts the conversation by expressing his gratitude. “God has been kind,” smiles Sajan, who ventured into the real estate market of the Middle East in 2014, rolled out 25 residential projects in the UAE over the last nine years, including 10 in the last 19 months, and is trying to make luxury affordable by launching a 1 percent per month payment plan. “How much of your success is luck, and what would be the share of hard work?” I ask as I try to make sense of his rags-to-riches story. “I would give them equal chances,” he again flashes his endearing smile.

Tonino Lamborghini Casa for the interiors

However hard you work, Sajan underlines, if lady luck is not on your side, you will fail. “Similarly, even if you’re lucky but you don’t work hard, you are bound to fail,” he adds. The clichéd mantra—right person, at the right time and at the right place—to a large extent explains the meteoric rise of the man who had a rough childhood.

Sajan takes us back to his rocky early days in Mumbai. There were traces, though, of luck which the young lad couldn’t realise during his hardship years. His father miraculously won a ‘subsidised’ lottery, moved his family into a tiny apartment, and tried his best to look after the family. Though he managed to pay the tuition fees for the kids, it was never enough. Young Sajan, with his sisters, used to walk a few kilometres to reach school. The pocket money—₹15 in total for all the kids—was never sufficient for the young ones who could barely buy anything from the school canteen. The young boy decided to do his bit to earn some money. He implored his dad to lend ₹1,000, and started his early journey into rudimentary trading.

Sajan’s low-lying fruit—call it the catchment area—turned out to be his schoolmates. He bought books in bulk, sold them to his friends at the market rate, and started making some extra bucks. “Now I could buy food from the canteen,” he recalls. The next gig was selling milk in the locality and making the most of a log tail of festivals round the year. From sourcing rakhis to selling firecrackers, he did everything to earn extra money. Then tragedy struck when he was 16. His father died, Sajan had to drop out of school and take care of the family. Using a small kitty that his dad managed to save at the firm where he worked, he got into the business of manufacturing box files.

The business clicked, but making ends meet was still a challenge. Two years later, his uncle offered him a job in Kuwait. “That was my lottery,” recounts Sajan. Back in Mumbai, the young founder was earning ₹6,000. In Dubai, he got a monthly salary of ₹18,000 (150 dinar). He joined as a trainee salesman, and quickly climbed the ladder to become manager. “My salary increased from 150 dinar to 1,500 dinar,” he says. Now when one adds a sales commission of around 50,000 dinar every month, the salary starts to look obscene. “That was a lot of money for me,” he adds. The salesman was living the dream. He bought a Toyota Land Cruiser, purchased a house in Bandra, and got his sister married.

Soon, came a wicked twist in the fairytale. In August 1990, Saddam Hussein invaded Kuwait. Sajan’s wonderland came crashing, and he was forced to return to Mumbai. “That was the second turning point in my life,” he says. ‘I was back to zero.”

A few years later, he tried his luck in Dubai. In 1993, Sajan started a trading firm. “It was a brokerage business, where I was making commission,” he says, adding that soon he started a building material business. Over the next decade and a half, he kept diversifying and added more heft to his business. In 2006, he started sanitary solutions’ brand Milano. In 2008, he ventured into the home furnishing business with Danube Home. Four years later, in 2012, came Alucopanel, a business of aluminium composite panels. The real estate entry happened in 2014. “Since then there has been no looking back,” says Sajan.

The founder tells us what led to a turning point in the real estate business, and his fortune. “It was the 1 percent plan,” he says, breaking down the plan. Apart from a small down payment, the buyers had to make a monthly payment of 1 percent, and the balance was collected once the building was ready. “We realised that 80 to 90 percent of expats were still renting, and I wanted to convert them into buying their own properties,” he says of the genesis of the plan, adding that by the time the building was ready, the consumer had already paid 50-60 percent of the amount. The banks now, Sajan avers, saw no risk in lending. “Now I am democratising luxury,” he says beaming.

Ask the 1 percent man whether he has made 100 percent plans of entering the Indian market, and he narrates his bitter experience. Though he bought his first apartment, which was on the fourth floor of a multi-storeyed building in Mumbai, he soon realised that the builder got into trouble because he didn’t have permission to build the fifth and sixth floors. The next encounter too was a disaster. “Twelve years ago, I bought an apartment in Parel. Last month I got possession,” he rues. Dubai, he underlines, offers a bigger and massive opportunity in real estate as compared to most of the countries across the world. “People are making Dubai their second home because of the trust and confidence they have in the city,” he says. In spite of a small presence of a furnishing business in India, which he says is in an auto-pilot mode, Sajan is busy expanding his empire in the Middle East, and working with a missionary zeal to democratise luxury.

Source: https://www.forbesindia.com/article/lifes/rizwan-sajans-journey-from-the-slums-of-ghatkopar-to-the-glitzy-world-of-luxury-in-dubai/89795/1

Danube Properties takes to the skies, introduces the 1% man

Danube has reached the skies with its latest branding.

The property developer is known for their big outdoor campaigns across the city, including the prancing woman in the red dress.

Danube has reached the skies with its latest branding.

The property developer is known for their big outdoor campaigns across the city, including the prancing woman in the red dress.
ADVERTISING

Now, the group has added another feather to its cap by taking it to the skies.

The group has launched its own branding on Indian airlines SpiceJet’s livery, along with the tagline, “1% Man – Rizwan Sajan”, referring to the group’s Founder and chairman.

The company’s Linkedin account, Danube Home, posted a video showcasing the branding on the airplane’s side.

The posts caption said, “Our founder and chairman, Rizwan Sajan, a.k.a the 1% man, is now taking over the skies!

“From humble beginnings to becoming an icon and inspiration to all, we are so proud and honored to be led by such a visionary leader. Onwards and upwards!”

The video showcased the entire process of the branding on the aircraft along with the final result.

Spicejet’s Danube branded livery sports Sajan’s name and position along with a large image of image.

It also features the logo of Danube properties and its additional details.

The entire branding is underscored by the words “1% Man” which is highlighted in a red box.

The 1% theme is line with the company’s recent launch of its new property, Eleganz.

Advertisements for the property similarly showcase a 1% per month campaign which promotes its 1% per cent payment plans, post down-payment, for the property.

Danube has been on a roll with branding, not only has it taken over several outdoor media across the UAE, but it has also partnered with several brands to launch branded residences.

Recently, it also announced a collaboration with Fashion TV to launch a new collection of home decor.

Source: https://campaignme.com/danube-properties-takes-to-the-skies-introduces-the-1-man/

Danube Properties launches two projects: Sportz and Eleganz

Danube Properties, the fastest-growing private real estate developer in the UAE, has launched announced Sportz, a stylish 39-floor tower that will deliver 1,100 apartments in Dubai Sports City, while also unveiling their first ready-to-move-in project, Eleganz, which will deliver 259 stylish and elegant apartments and townhouses at the Jumeirah Village Circle.

Sportz is the 27th project announced by the developer since entering the real estate market in June 2014, and the 12th project to be unveiled in the last 22 months. The announcement came after completely selling out two out of three towers of the Oceanz project, announced in September this year. Sportz is Danube Properties’ 7th project so far this year.

Dubai Fitness Challenge, championed by Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum Crown Prince of Dubai, encourages Dubai residents to prioritise their health and well-being. Sheikh Hamdan’s vision to create a fitness-focused community, motivating people to lead active, healthy lives, and fostering a culture of wellness and vitality in the city, is one of the key reasons for nudging Danube Properties to build a community like Sportz.

Sportz by Danube sets a new benchmark in real estate projects with unrivalled sports amenities; featuring an Olympic-sized lap pool, trampoline area, table tennis, wall climbing, and a sky jogging track, it offers an unmatched recreational experience. In addition to this, Sportz will also offer mentoring and coaching as one of the amenities. This project will exemplify Danube Properties’ commitment to an active, vibrant lifestyle for the residents of Dubai.

At Eleganz, customers can book the property by making a 40 per cent down payment and paying the rest 1 per cent monthly. They can start generating a guaranteed 6 per cent ROI from the fully-furnished properties, almost instantly. This is Danube Properties’ first ready-to-move-in project to be put on the market.

With these two new projects, Danube Properties’ project portfolio will stand at 14,888 units spread across 27 projects, with a combined development value exceeding Dh 15.47 billion so far.

“The twin launches reflect a strong commitment of Danube Properties to the UAE economy, which is one of the fastest-growing economies in the region,” Rizwan Sajan, Founder and Chairman of Danube Group, said. “Real estate is still one of the most lucrative and sustainable asset classes for investors who want to make the best use of the asset that offers a high return on investment.”

“With Eleganz, we tested the ready-to-move-in market segment while all other projects have been on the off-line market. This reflects our ability to build and deliver projects with our financial resources and makes Danube Properties one of the most sustainable developers in this part of the world.”

All Danube Properties’ homes come with a trend-setting 1 per cent monthly payment plan and 40+ amenities, following the initial deposits – making home acquisition and possession more affordable and attractive.

In addition to launching projects and building them, Danube Properties will also deliver two projects this year including Jewelz, and Olivz. Also, most of the projects launched in 2022 and 2023 are ahead of the construction and delivery schedule.

“Homes at Sportz will take lifestyle to a completely new level with state-of-the-art Sports amenities like never before that will offer a luxury and larger-than-life lifestyle to homeowners who will be pampered with the best of the best that is available in the market,” Rizwan Sajan says.

Apartments within Sportz and Eleganz will be smart and sustainable homes and will consume less energy – in line with the UAE’s commitment to sustainability ahead of COP28. Danube Properties offers an instant initial sale contract on-site and also a 10-year Golden Visa – especially for those who qualify as per the investment criteria – subject to government approval.

As one of the most successful developers in the UAE with the highest launch-to-delivery ratio, Danube Properties has delivered Bayz, Glamz, Starz, Resortz, Elz, Lawnz, and Wavez while it prepares to deliver two more projects this year. All these projects have been greatly appreciated by those who have bought units in them.

Source: https://www.khaleejtimes.com/business/danube-properties-launches-two-projects-sportz-and-eleganz

Polygood and Danube Group join forces for Middle East expansion in the Year of Sustainability

The Good Plastic Company, the largest producer in sustainable materials, is proud to announce the exclusive distribution of its revolutionary surface material, Polygood, into the Middle East with the successful conglomerate Danube Group.

Danube Group, a Dubai-based diversified business conglomerate, with its inception in 1993 has established itself as a major player in various sectors including building materials, home décor, hospitality, sanitary solutions, and real estate development to name a few. With a significant presence in the Middle East and worldwide, the partnership with The Good Plastic Company marks another step towards the promotion of sustainable solutions in the region.

Polygood and Danube Group

Danube Group has grown into one of the largest building materials companies in the Middle East, with diversified branches across the UAE, Oman, Bahrain, Saudi Arabia, Qatar, and India. The company’s global reach also extends to procurement offices in China and Canada, reflecting its commitment to providing quality products and services across the world.

The launch event for this partnership will take place on November 9th at the material library Colab in Dubai, during Dubai Design Week. The event will be an opportunity for visitors to engage with Polygood and experience the innovative possibilities it offers.

Madhusudhan Rao, CEO, Danube Group, said, “Our collaboration with Polygood reflects our shared vision of a greener, more sustainable future, and we’re excited to pioneer this change in the Middle East. We are confident that together, we will catalyze a positive change and environmental stewardship across our communities. On the precipice of COP28 in Dubai, I also extend our heartfelt gratitude to the visionary leaders of Dubai for their unwavering commitment to sustainability.”

“Our partnership with Danube Group reflects our shared vision for a more sustainable future. Together, we aim to drive positive change and environmental stewardship in our communities. We are excited to pioneer this transformation in the Middle East and express our sincere gratitude to the visionary leaders of Dubai for their unwavering commitment to sustainability,” commented Dr William Chizovsky, CEO of The Good Plastic Company.

Polygood is an innovative surface material that is produced entirely from 100% recycled plastic. Its unique properties not only enhance interior and exterior designs but also exemplify a commitment to environmental responsibility. The material is not only aesthetically appealing but also sustainable, contributing to the reduction of plastic waste and the conservation of valuable resources.

Polygood lights up Dubai Design Week with Icebergs in the Desert

As part of the partnership, Danube Group will showcase Polygood at Dubai Design Week, a renowned design and innovation event. Visitors will be able to see Polygood® in action at Isola Design, where there will be a spectacular installation titled ‘Icebergs in the Desert,’ designed by Tellurico. This installation serves to draw attention to the global warming problem and was created using 500 kg of recycled plastic. Additionally, other objects made of Polygood® such as a bar, signage, and pedestals, for a total amount of 1,420 kg of plastic used, will be on display, showcasing the material’s versatility and aesthetic possibilities. It is a highlight of the Isola exhibition, an event that demonstrates the endless possibilities that sustainable materials like Polygood can offer.

Source: https://gulfnews.com/business/corporate-news/polygood-and-danube-group-join-forces-for-middle-east-expansion-in-the-year-of-sustainability-1.1699610174511

Danube Properties launches My Dubai, My Home campaign

Dubai, United Arab Emirates: Danube Properties, the UAE-based pioneer in affordable property development and one of the most dynamic private real estate developers in the UAE, launches a massive marketing campaign – My Dubai, My Home – to promote home buying and healthy living in Dubai, the best place to live, work, do business and enjoy life.

People from anywhere in the world can now purchase a home with minimum investment, get a long-term residency permit to live, settle down in Dubai and look for opportunities very easily. Property developers like Danube Properties offer a 1 percent monthly payment scheme to foreigners, local residents and UAE citizens that makes home acquisition easier than before.

My Dubai My Home is an extension of Danube’s vision on attracting the new millennial expatriates who are currently residing in Dubai and who are currently moving to the city from other countries in pursuit of a healthy lifestyle with a vision like no other due to new labour laws, amazing infrastructure, safest city to live in, good leadership, post expo boom, etc.

The government has initiated a number of reforms to encourage foreigners to move in, take advantage of the world-class infrastructure, sound regulatory regime that offers maximum security to foreign investment and a healthy lifestyle. This is the time to move in to Dubai for business, employment and living.

My Dubai, My Home campaign, involving 11 social media influencers, focusses on the easy home acquisition, healthy lifestyle and the abundance in opportunities – be it employment, start-up or business as well as entertainment, to attract and encourage more and more families to buy homes in Dubai.

“The whole purpose of earning a living is to enjoy life. Dubai is the best place in the Middle East, Africa and Asia and one of the best places in the world to live, work, do business and enjoy life. We at Danube Properties have converted thousands of tenants into home owners through our industry-leading and trend-setting 1 percent monthly payment scheme, so that more and more families can become home owners and landlords,” Mr. Rizwan Sajan, Founder and Chairman of Danube Group said.

“My Dubai, My Home campaign is part of our corporate social responsibility to help our largest stakeholders – the UAE residents and future home buyers – buy and own their homes in the UAE, without having to spend a fortune and through a 1 percent monthly payment. As a developer, we undertake the risk of paying the contractor as per our construction schedule, while the customers keep on paying 1 percent per month.”

“My Dubai, My Home is a campaign that is aimed at encouraging tenants to buy homes and foreigner to relocate and acquire home – to become part of Dubai’s success story – like some of us.”

My Dubai, My Home is developing the narratives through the 11 social media influencers on how these individuals have found success in Dubai and have made a mark in their respective fields.

Mr. Rizwan Sajan is a perfect example of how a small-town boy from Mumbai, a young professional armed with burning desire to make it big, had entered Dubai, took up a job as a building materials salesperson and worked his way up and how he started his company and made it big in the following years.

The social media sensations Mo Vlog, Jumana Khan, Nina Ubhi, Ahmed Mokbel, Saadiq, Chef Kelvin Cheung,Ahmed Haffar, Virdah Khan,Ritu, Rinki Pamnani and Vlada are the young millennial sensations of this city who have made a name for themselves, Danube Properties takes immense pride in associating with them.

As part of the My Dubai, My Home campaign, Danube Properties, is also running contests across their social media handles where the lucky participants will get air tickets to fly to and from to their home country.

Kavya D’souza, Head of the Creative Content and Strategy at Danube Properties, says, “As someone who’s new to Dubai and is constantly looking at creative ways of innovative storytelling, watching the success stories of individuals from different nationalities who’ve found their home in Dubai and are making waves in their respective fields was a compelling story that was waiting to be told.”

“The campaign My Dubai, My Home was the result of an effortless amalgamation of the journeys these personalities have had in making Dubai their home along with Danube Properties’ longstanding lineage of helping people realize their biggest dream of investing and owning a home in Dubai.”

“I am hoping that our ‘My Dubai, My Home’ campaign helps fuel ambition and grit amongst many other expats in Dubai who are looking to find their home in this city of opportunities because with Danube Properties it truly is not a distant dream!”

Danube Properties has launched 17 projects with a development portfolio worth Dh6.65 billion involving 8,272 units so far – all of whom are sold out.

Source: https://www.zawya.com/en/press-release/companies-news/danube-properties-launches-my-dubai-my-home-campaign-xk9neji3

Who are the top 50 developers in the GCC?

Construction Week Middle East reveals the Top 50 GCC Developers 2022 list. During the process of producing the list, Construction Week Middle East’s editorial team contacted developers from around the GCC region, and sent out questionnaires to learn more about their accomplishments in the past 12 months.

The list was finalised based on the following criteria: value of projects completed; value of projects under construction; value and/or size of the land bank; value of new projects launched (for developers with multiple projects, combined value was considered); and value of new contract awards.

The final ranking of 2022 was based on publicly available information about the companies, responses to the questionnaire, and the editorial team’s combined assessment of each company’s achievements in the past 12 months.

top 50 gcc developers

UAE-based Danube Properties, the property development arm of Danube Group, founded and chaired by Rizwan Sajan, has been busy over the past 12 months with the launch of two of its most anticipated projects.

In May 2022, the developer launched Gemz, redefining luxury living in the heart of Al Furjan. A $95.3mn residential project with pyramid-shaped architecture, apartments within Gemz have been designed to include convertible layouts. When completed, Gemz will have a built-up area of 49,238m2, and will be developed at a plot area of 9,383m2. The 14-storeyed project will host 270 apartments, including 24 studios, 74 1BHK units, 114 2BHK units, and 42 3BHK apartments, with 16 duplexes.

Adding another project under its belt, the Dubai-headquartered developer launched $81mn Pearlz in Al Furjan area in March. A residential project offering 1,000 residential units and a number of retail and recreational facilities.

The launch of Pearlz came five months after Danube Properties revealed the $129.3mn Skyz project in Arjan in October 2021. One of Danube’s ongoing projects is the Wavez Residence, located in Liwan, the township in Dubai features 414 apartments which includes 338 studios and 76 one-bedroom units. The 8,573m2 development consists of two ten-storey buildings and will provide amenities including swimming pool, jacuzzi, jogging track, kid’s play area, and a health club.

Earlier this year, the developer told Construction Week Middle East that in addition to reinforcing the local market share in Dubai, it looks to continue diversifying its business throughout 2022.

The developer is planning to start property development business in two new countries and an addition of a new vertical in Dubai as part of its forward integration model.

During the launch of its most recent project, Sajan said that backed by its strong financials in the building materials industry, Danube is making great progress on its existing projects with a majority of them “moving closer to completion”.

Earlier this year, the developer launched Opalz, a high-rise residential development, located in close proximity to Dubai Science Park. Opalz features two high-rise towers (Tower A and Tower B) comprising studio, 1 BHK, 2 BHK and 3 BHK Duplex.

Source: https://www.constructionweekonline.com/power-lists/who-are-the-top-50-developers-in-the-gcc#danube

25 Star-studded inside photos from the Danube Properties Filmfare OTT Awards 2022

The Danube Filmfare OTT Awards 2022 – the biggest celebration of the finest talents from the streaming space, wrapped last night. The gala honoured the best actors, directors, musicians and technicians from the OTT segment, who kept audiences entertained last year. From stunning red-carpet looks to thrilling onstage moments, a lot happened throughout the course of the evening.

Among those bagging some of the biggest wins of the night was the team of Rocket Boys, Tabbar and Gullak, among others. The star-studded front row saw enthralling wins as some of the most deserving artists took home the Black Lady.

From Anil Kapoor’s onstage interaction with Harshvardhan Kapoor to Neena Gupta’s delightful winning speech, here are some of our favourite candid clicks from the night.

Source: https://www.filmfare.com/photos/25-star-studded-inside-photos-from-the-danube-properties-filmfare-ott-awards-2022_-56144-3.html