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2018 Construction Week Power 100: 51-60

by CW Staff on Jul 1, 2018

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51. Rizwan Sajan, Danube Group

The founder and chairman of Danube Group, Rizwan Sajan, returns to the Construction Week Power 100 list, thanks to the incredible year of delivery his company has had. In March, the number of Danube projects in Dubai climbed into double digits, following the launch of the $81.7m (AED300m) Jewelz in Arjan, its 10th residential project in the emirate.

The group also completed the handover of its $95.3m (AED350m) Glitz 3 apartment block, one of four projects the company expects to deliver this year. Since Danube entered the real-estate business in 2014, the firm has delivered 827 units worth $334m (AED1.2bn).

Due to steady acceleration in the market, its subsidiary, Danube Home, opened its largest-ever showroom in May. This 6,967m² store in Abu Dhabi features more than 200 parking spaces and has approximately 30,000 home-furnishing and home-improvement products. Danube Group saw its full-year sales revenue for 2017 climb to $233m (AED820m).