Furnished homes, 1% a month, delivered since 2014.
Danube Properties is the real estate arm of Danube Group, the Dubai building-materials business founded by Rizwan Sajan in 1993. Since launching its first residential project in 2014, Danube has become one of the emirate's most prolific private developers, known for fully furnished homes, short handover cycles and the 1% monthly payment plan that opened Dubai ownership to salaried buyers.
Rizwan Sajan, "The 1% Man".
Founder & Chairman, Danube Group
Rizwan Sajan arrived in the Gulf as a teenager after his father died, working his way up from a salesman's job to founding Danube Group in Dubai in 1993. The company started in building materials and grew into one of the region's largest suppliers before it ever sold a home.
That background is why Danube Properties behaves differently from a pure developer. It buys materials at scale, controls fit-out cost, and passes the saving into the price and the payment plan rather than into marketing.
The nickname followed the plan. When Danube launched its first project in 2014 with instalments of 1% of the price per month, it changed who could realistically buy in Dubai: a salaried professional could hold a home on a monthly payment close to their rent. The industry started calling Sajan the 1% man, and the structure has stayed on almost every Danube launch since.
The 1% monthly payment plan
Danube's signature structure: a booking deposit, then 1% of the property price every month during construction, with the balance due at handover. It replaces a large upfront outlay with a predictable monthly figure.
Low entry
A booking deposit gets you into the project. There is no need to fund half the purchase before handover.
1% a month
Instalments are a fixed percentage of the price, so the monthly figure is known from day one and does not move with rates.
Post-handover options
Selected projects extend instalments past handover, so you can move in or rent out while still paying.
Furnished on delivery
Most Danube homes hand over furnished and fitted, which removes a second round of spending after completion.
To make home ownership in Dubai reachable for people who were told to keep renting.
To deliver well-located, fully furnished homes on time, priced so a monthly instalment feels like a rent cheque, and backed by amenities usually reserved for the luxury end of the market.
From a materials trader to a Dubai developer.
- 1993
Rizwan Sajan founds Danube Group as a building-materials trader in Deira.
- 2014
Danube Properties launches with its first residential project and the 1% monthly payment plan.
- 2017
First projects hand over, establishing Danube's on-time delivery record.
- 2019
Danube expands into JVC, Al Furjan and Dubai Science Park with the 'z' series of towers.
- 2022
Business Bay debut with Bayz, taking the format into a prime central district.
- 2024
Bayz 102 announced in Business Bay as Danube's tallest residential tower.
- 2025
Portfolio widens into Dubai Maritime City, Dubai Sports City and low-rise homes at Al Warsan.
A building-materials business behind the developer.
Danube Properties sits inside Danube Group, whose materials, home-furnishing and manufacturing arms operate across the Gulf and beyond. That supply chain is what keeps fit-out cost inside the price of the home.
Buying for UAE residency? Read our Dubai Golden Visa property guide for the AED 2 million threshold and the Danube projects that qualify.