2020 CW Power 100: Danube Properties' Atif Rahman at No. 57
Rahman has led Danube Properties launch, sell, construct, deliver projects under “extremely challenging economic conditions”
A new entry to the Power 100 list, Atif Rahman started the construction business of Danube Properties in 2014. He oversees the entire “business operation and is responsible for all decision making”.
According to Rahman, the company has launched, sold-out, constructed, and delivered properties under “extremely challenging economic conditions”.
Among its accomplishments in the past 12 months, include the launch of $108.9m (AED400m) Olivz project on 11 March 2020, and sold-out 80% of Phase 1 before the COVID-19 restrictions came into place.
The Dubai-based developer also completed Starz towers and Resortz residence projects comprising 898 units in the same period, with the combined development value of $163.4m (AED400m).
The company expects to complete Glamz, Miraclz, and Bayz in 2020, with Jewelz, Lawnz, and Elz being planned to be completed by Q2 2021.
Rahman says that the company hasn’t entered any new markets across the Middle East, and is primarily focused in Dubai, with sales and marketing operations in India, China, Saudi Arabia, Oman, and Bahrain.
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