The India-focused Danube Group of companies based in Dubai is now targeting the Abu Dhabi and Ras Al-Khaimah markets. This is being spurred by increasing Indian investors’ appetite for these key UAE property markets. Further, one of the biggest clients that make up 30 to 40 percent of Danube Group in Dubai is Indian investors, said Rizwan Sajan, the founder and chairman of the company.
That is why Danube Group wants to venture into new projects in the Abu Dhabi and Ras Al-Khaimah markets. The company has recorded a lot of success in Dubai, particularly in the last two years, when it undertook more than twelve projects. However, as for the emerging opportunities, Sajan admitted that at the moment, it is still focused on the Dubai market only, although the company’s further expansion could take place in Saudi Arabia.
The other unique selling point is the company’s 1% payment plan, whereby one can make a 20% down payment and then pay 1% every month for the next 80 months of the home. According to the research data, most of the key buyers are in North India, Mumbai, Gujarat, South India, the UK, Russia, and China.
It is evident from the above information that as Danube Group’s location in the construction and real estate sector expands, the company’s major concern—fulfilling the demand and needs of Indian investors in UAE real estate—mainly dictates its major strategies.
