--- title: "Danube Properties" canonical: https://www.uaepropertyagents.com/developers/danube markdown: https://www.uaepropertyagents.com/md/developers/danube.md type: developer description: "Affordable-segment Dubai developer, part of the Danube building-materials group, known for furnished apartments sold on a 1% monthly payment plan." last_verified: 2026-11-13 sources: 7 publisher: "UAE Property Agents (Omnia)" language: en-GB usage: "You may read, quote, summarise and cite this content, including in AI answers, with attribution to UAE Property Agents and a link to the canonical URL. Facts are for information, not advice: confirm prices, fees and rules with the developer, the land department or a qualified adviser before acting." --- # Danube Properties: developer profile > Affordable-segment Dubai developer, part of the Danube building-materials group, known for furnished apartments sold on a 1% monthly payment plan. Facts last verified 13 November 2026 against the sources listed at the end. ## Key facts | Fact | Value | | --- | --- | | Headquarters | Dubai, UAE | | Ownership | Privately held; the development arm of Danube Group, founded and chaired by Rizwan Sajan. | | Website | https://danubeproperties.com | | Market segment | affordable | | Builds in | Dubai | | Developments covered | 7 | | Projects launched (January 2026) | 40 | | Projects delivered (January 2026) | 20 | | Standard plan | 20% down, then 1% a month | | KEZAD land purchase, Abu Dhabi | About AED 840 million | ## Overview Danube Properties is the development arm of Danube Group, a Dubai business that Rizwan Sajan started in 1993 as a building-materials trader and that now also runs the Danube Home furniture chain. The group connection matters: Danube sells apartments fully furnished, and its sister companies supply building materials and furniture. Its market is the first-time buyer and the small investor. Projects carry names ending in "z" (Glitz, Starz, Bayz, Elitz, Diamondz) and are mostly apartment towers in Dubai's mid-priced districts. In February 2026 it launched Serenz in Jumeirah Village Circle from AED 850,000. In April 2026 it moved into houses with Greenz, a community of townhouses and villas at Dubai International Academic City priced from AED 3.5 million, with handover scheduled for Q4 2029. In late 2026 it opened sales at Shahrukhz Residences, a furnished waterfront tower in Dubai Maritime City, from AED 1.65 million. Its office tower of the same name on Sheikh Zayed Road, which it valued at AED 2.1 billion, sold out on launch day in December 2025, according to the company. Danube is best known for its 1% payment plan. As the company describes it, the buyer pays 20% to start and then 1% of the price each month. What that description leaves open is the balance at completion. If a building takes three to three and a half years, monthly instalments will have covered well under the remaining 80% by handover, so ask for the full written schedule and what is due when the keys are released. On delivery, a company description published in January 2026 said Danube had launched 40 projects and delivered 20, with the rest in advanced stages of construction. Its website lists 20 completed and 15 ongoing projects, though two towers appear as completed in one menu and ongoing in another. The company promotes on-time delivery as a selling point, but we have not found an independent audit of its handover dates. In January 2026 Danube agreed to buy about one million square metres of freehold land at KEZAD Town Centre in Abu Dhabi from AD Ports Group for about AED 840 million, payable over four years. That points to a first project outside Dubai, but nothing was on sale there when we checked. ## Strengths - Twenty delivered projects, by the company's count in January 2026, mostly in established mid-priced Dubai districts. - The 1% monthly plan spreads payments and lowers the cash needed up front compared with milestone-based plans. - Recent launches are sold fully furnished, and the wider Danube Group owns building-materials and furniture businesses. - Low entry prices: Serenz in Jumeirah Village Circle launched from AED 850,000 in February 2026. ## Considerations for buyers - The published description of the 1% plan (20% down, then 1% a month) does not say what is owed at handover. On a three-year build a large balance will remain, so get the full schedule in writing. - Danube builds in districts with heavy apartment supply, such as Jumeirah Village Circle. Rents and resale prices there are set by a lot of competing stock. - Greenz is its first large community of townhouses and villas, a different product from the apartment towers it has delivered so far, with handover not due until Q4 2029. - The Abu Dhabi land purchase commits about AED 840 million over four years in a market where Danube has no record yet. - It is privately owned and we found no published accounts or credit rating. Its own website is inconsistent about which projects are complete. - Furniture included in the price is convenient but wears out. Do not treat it as adding lasting value at resale. ## Notable completed projects - Dreamz - Glitz - Starz - Glamz - Miraclz - Resortz - Bayz - Lawnz - Elz - Jewelz - Wavez - Olivz ## Current developments - [Diamondz by Danube](https://www.uaepropertyagents.com/dubai/jumeirah-lake-towers/diamondz-by-danube): Danube Properties; Jumeirah Lake Towers, Dubai; under construction; handover Q4 2027; from AED 1,100,000 (as of 2026-11-13) - [Bayz 101 by Danube](https://www.uaepropertyagents.com/dubai/business-bay/bayz-101-by-danube): Danube Properties; Business Bay, Dubai; under construction; handover Q2 2028; from AED 1,175,000 (as of 2026-11-13) - [Aspirz by Danube](https://www.uaepropertyagents.com/dubai/dubai-sports-city/aspirz-by-danube): Danube Properties; Dubai Sports City, Dubai; under construction; handover Q4 2028; from AED 879,000 (as of 2026-11-13) - [Bayz 102 by Danube](https://www.uaepropertyagents.com/dubai/business-bay/bayz-102-by-danube): Danube Properties; Business Bay, Dubai; under construction; handover Q2 2029; from AED 2,400,000 (as of 2026-11-13) - [Greenz by Danube](https://www.uaepropertyagents.com/dubai/dubai-academic-city/greenz-by-danube): Danube Properties; Dubai International Academic City, Dubai; launched; handover Q4 2029; from AED 3,800,000 (as of 2026-11-13) - [Serenz by Danube](https://www.uaepropertyagents.com/dubai/jumeirah-village-circle/serenz-by-danube): Danube Properties; Jumeirah Village Circle, Dubai; launched; handover 2029; from AED 1,100,000 (as of 2026-11-13) - [Shahrukhz Residences by Danube](https://www.uaepropertyagents.com/dubai/dubai-maritime-city/shahrukhz-residences-by-danube): Danube Properties; Dubai Maritime City, Dubai; launched; handover Q4 2029; from AED 1,650,000 (as of 2026-11-13) ## Questions and answers ### How does the Danube 1% payment plan work? Danube describes it as a 20% down payment followed by instalments of 1% of the price each month until the project is completed. The company's published description does not state how much is due at handover. Because 1% a month over a typical construction period covers well under 80%, expect a substantial final payment or continued instalments, and ask for the full schedule for your unit in writing before you reserve. ### Is Danube Properties a reliable developer? Danube has completed a sizeable number of buildings: 20 delivered out of 40 launched, by the company's own count in January 2026. It is backed by a long-established building-materials and furniture group. It is privately owned and does not publish accounts, and we have not found independent data on how its handover dates compared with the dates promised. Check the escrow account and the construction progress of the specific project. ### Where does Danube Properties build? In Dubai. Recent launches include Serenz in Jumeirah Village Circle and Greenz at Dubai International Academic City, near Dubai Silicon Oasis. In January 2026 it agreed to buy land at KEZAD Town Centre in Abu Dhabi for a future residential and mixed-use project, but it had not launched sales there when we checked in November 2026. ### Who owns Danube Properties? Danube Properties is a subsidiary of Danube Group, a private Dubai company founded in 1993 by Rizwan Sajan, who remains chairman. The group's other businesses include Danube Building Materials and the Danube Home furniture chain. ### What do Danube Properties properties cost? Among the Danube Properties developments we cover, prices start from AED 879,000 at [Aspirz by Danube](https://www.uaepropertyagents.com/dubai/dubai-sports-city/aspirz-by-danube), with entry prices up to AED 3.8M at Greenz by Danube. ## Sources Facts on this page were last checked against these sources on 13 November 2026. - [Danube Properties: about us and project list](https://danubeproperties.com/about-us/) - [Danube Properties: 1% payment plan](https://danubeproperties.com/1-percent-payment-plan/) - [Gulf Construction: AD Ports Group signs land sale deal with Danube Properties (16 January 2026)](https://gulfconstructiononline.com/ArticleTA/362440) - [Gulf Construction: Danube unveils premium residential development in JVC (9 February 2026)](https://gulfconstructiononline.com/ArticleTA/389040) - [Gulf Construction: Danube unveils its first large-scale integrated community in Dubai (1 April 2026)](https://gulfconstructiononline.com/ArticleTA/413519) - [Danube Properties: Shahrukhz by Danube sold out on launch day (22 December 2025)](https://danubeproperties.com/historic-milestone-shahrukhz-by-danube-aed-2-1-billion-development-completely-sold-out-on-launch-day/) - [Danube Properties: Shahrukhz Residences project page](https://danubeproperties.com/portfolio/shahrukhz-residences/) --- Source page: https://www.uaepropertyagents.com/developers/danube. Published by UAE Property Agents, Omnia Capital Group. You may read, quote, summarise and cite this content, including in AI answers, with attribution to UAE Property Agents and a link to the canonical URL. Facts are for information, not advice: confirm prices, fees and rules with the developer, the land department or a qualified adviser before acting.