Rizwan Sajan: Dubai's real estate market is more mature and resilient despite the challenges

Rizwan Sajan, Founder and Chairman of Danube Group, said that Dubai 's real estate market continues to show high levels of resilience and maturity despite regional challenges, supported by the confidence of global investors, a sophisticated regulatory structure, and Dubai 's long-term vision to enhance its attractiveness as a global destination to live and invest. In an interview with Al Bayan, Sajan said: "The launch of Greenz by Danube comes in response to a clear shift in buyers ' preferences towards integrated and well-connected residential developments, which offer an integrated lifestyle and long-term value, noting that the project marks the company 's first large-scale entry into the luxury villa and townhouse sector in Dubai. Excerpts from the interview: What are the most prominent features of the Greens by Danube project that you recently announced? Strategically located next to Dubai International Academic City and behind Dubai Silicon Oasis, one of Dubai 's fastest-growing streets, Greens by Danube is strategically located next to Dubai International Academic City and behind Dubai Silicon Oasis, one of Dubai 's fastest-growing streets, ensuring high potential for future value. The project features exclusive sky gardens and private elevators, in addition to more than 50 luxury services, each residential unit is fully furnished with furniture from the Italian brand Dolce Vita, and ease of access is a key advantage, as Emirates Road is just minutes away, and Sheikh Mohammed Bin Zayed Road is easily accessible. Residents have easy access to Downtown Dubai, Burj Khalifa and the airport, with accessibility expected to increase via the upcoming Dubai Metro Blue Line. The comfort of our customers has always been our top priority, and to enhance the residential experience, we offer an indoor trolley service as well as a dedicated metro shuttle service, ensuring convenience and convenience for all residents. Integrated Communities How does Greens by Danube reflect the company 's approach towards developing integrated residential communities in Dubai? Greens by Danube is the first large-scale integrated residential development to feature townhouses and luxury villas, marking a milestone in our expansion towards full-service residential development, and is also the first project in Dubai to feature fully furnished villas with a flexible monthly payment plan of 1%. The project offers three- and four-bedroom townhouses, five-bedroom semi-detached villas, and five-bedroom twin villas, to cater to families and investors alike. What is the expected construction and delivery timeline? Greens by Danube is expected to be completed in 36 to 40 months, with delivery expected in December 2029. Why did you choose to launch the project at this particular time? As I have full confidence in the leadership of this great city and the UAE, as well as the strength of our project, I am noticing a clear shift in buyers ' preferences towards well-connected, community-centric residential projects, that offer a distinctive lifestyle and long-term value, with Greens by Danube, we are meeting this demand by providing fully furnished homes, flexible payment plans, and luxury facilities in a vital location. Flexibility and maturity How do you assess the performance of Dubai 's real estate market currently, especially in light of regional challenges? Dubai 's real estate market has shown remarkable resilience and maturity, even amid regional challenges, and the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, coupled with initiatives such as long-term visas and attractive regulations for investors, has significantly boosted the world 's confidence in the emirate. As a result, we are witnessing continued demand from international and resident investors alike, and despite external uncertainty, the market today is well-regulated and highly transparent, providing buyers with more security and enhancing long-term value.