Danube Properties aims to sell USD 3 bn worth homes in Dubai this year; eyes 25pc biz from India

Dubai-based Danube Properties on Tuesday said it expects to sell homes worth over USD 3 billion during this year, of which around 25 per cent will be contributed by Indian customers. Danube Properties on Tuesday opened its office at Gurugram to market properties in India. The new office, its sixth in India, was launched by Bollywood actor Malaika Arora.

"We sold properties (worth) around USD 3 billion last year. In 2025, we are expecting to achieve sale bookings to remain flat or marginal 5 per cent growth," Danube Properties Founder and Chairman Rizwan Sajan told PTI.

He said the company plans to launch 4-5 housing projects during the current year to meet rising demand.


Danube Properties sells properties in a price range of Rs 1.5 crore to Rs 25 crore.

"Out of the total annual sales, around 25 per cent comes from Indian customers. This year also, we are expecting the same level of business from India," Rizwan said.

He advised Indians to buy homes in Dubai as there is a good capital appreciation and also around 8 per cent of rental yield.

Asked whether the company plans to enter Indian real estate, he said there is no immediate plan as there is a huge growth potential in the Dubai market.

Danube Properties has launched 34 projects since its inception. It has already delivered 16 projects.