UAE-based Danube Properties enters south Indian market

Rizwan Sajan, Sunny Leone and Atif Rahman during the inauguration.
Updated 09 September 2019

UAE-based Danube Properties enters south Indian market

Danube Properties, a UAE-based real estate developer, has launched its operations in the south Indian state of Kerala by opening its sales and marketing office in Kochi. The inauguration ceremony was attended by Rizwan Sajan, founder and chairman of Danube Group; Atif Rahman, director and partner of Danube Properties; Bollywood actress Sunny Leone, and other senior management of the company. 

This is the developer’s third marketing and sales office in India — after it launched operations in Mumbai in 2016 and Delhi in 2017. 

India is one of the UAE’s strongest economic partners. In 2018, Indian investors had accumulated 31 foreign direct investment (FDI) projects launched in Dubai with a total of 3.71 billion dirhams ($1 billion) in capital. This makes India the second largest investor in Dubai in terms of FDI capital and the fourth largest in terms of projects during the first nine months of the year. 

“Indian nationals — including the non-resident Indians (NRIs) living in Gulf countries — are a major source of investment in Dubai’s real estate. Their growing purchasing power is helping developers to sell properties and complete projects and that is the reason of the launch of our sales and marketing office in Kochi. We want to come closer to our target audience and provide the best assured deal,” Sajan said.

He added: “The UAE is a good place for real estate investment ... We at Danube Properties offer up to 15 percent return on investment. As a developer we not only deliver good homes for end users but also provide the highest rental yield for the investors.”

Danube Properties director Rahman said: “We have a well-balanced portfolio of property buyers of 93 nationalities. A large number of our buyers come from outside the UAE — including China, India, Europe and Africa. A large number of families from Kerala live in the UAE and the Gulf countries. Their presence has over the decades strengthened the bond between the two countries.”

He added: “Our office and our people will help develop a strong network with investors from Kerala and help them own their second home in the UAE through Danube Properties.” 

Makkah Clock Royal Tower lights up for ‘Home Heroes’

The world’s tallest clock tower beamed the words ‘Home Heroes’ for 30 minutes.
Updated 08 April 2020

Makkah Clock Royal Tower lights up for ‘Home Heroes’

The Makkah Clock Royal Tower, A Fairmont Hotel recently lit up with a solidarity message in support of its staff and medical professionals who are working tirelessly in the wake of the COVID-19 pandemic.
The world’s tallest clock tower beamed the words “Home Heroes” for 30 minutes, for the first time since its opening, in an initiative to honor national heroes for their efforts in protecting the nation from the ongoing coronavirus outbreak.
The campaign was launched by Accor Hotels Makkah — Raffles Makkah Palace, Swissotel Makkah, and Swissotel Al-Maqam Makkah, and the Makkah Clock Royal Tower, A Fairmont Hotel.
This initiative was one of many others launched by the hospitality group in support of the brave medical professionals who are risking their lives to save others during this period as well as to support the Saudi government and its people.
Accor, in collaboration with a hospital in Makkah, delivered complimentary meals to the medical staff working with the group, as a token of gratitude and appreciation. The group also distributed a number of masks and sterilizers to citizens in Makkah, as part of serving the local community and backing the Kingdom’s efforts in maintaining the health and security of citizens and residents.
Faisal Abdallah, director of communications and PR, Accor Hotels, said: “Embracing the solidarity momentum, we launched this initiative, a first-of-its-kind in Makkah by lighting up the Makkah Clock Royal Tower, A Fairmont Hotel with the ‘Home Heroes’ message, empathizing with every member of our community. We support all efforts of the government of Saudi Arabia in wake of the new health crisis and ask the Almighty to protect and preserve the health of the Kingdom’s citizens and residents.”