With the revolutionary game-changing 1 percent plan, Rizwan Sajan, chairman and founder of Danube Group, has transformed Dubai’s property sector not only by simplifying the buying process but also by accelerating the shift from renting to ownership in the city
Despite the Dubai property boom that occurred between 2004 and 2007, Rizwan Sajan was a late entrant to the sector and witnessed the market going crazy with people standing in queues to buy.
“Many people advised I join the property sector since my building materials business was flourishing, but at that time, I found the market to be unbelievably crazy and ultimately, many people had gotten carried away with that boom and left the country,” he said.
His net worth is $1.4 Billion
He lost his father when he was just twelve years old.
When he was 18 years old, he went to Kuwait for a job but, unfortunately, he didn’t have any luck because of the ongoing war.
He and his wife founded their own trading firm the Danube. Today the Danube is a big name when it comes down to trading firms in UAE.