Adel Sajan’s family constructed luxury buildings in Dubai, and now his company is seeing one of the biggest booms it has ever experienced, as a wave of affluent Indians’ are buying $250,000 apartments.
The family owns a 26,000-square-foot estate in Emirates Hills, a gated community that is sometimes referred to as Dubai’s Beverly Hills. The 34-year-old managing director of Danube Group stated in an interview at his mansion, “I think every second house over here is an Indian house,” where the glass-walled garage displays more than 15 cars, including Bentleys, Range Rovers, and Lamborghinis, and the marble-floored living room is the size of a miniature soccer field.
Although the Sajans are not new to the scene, their increasing riches and commercial ventures are now significantly supported by the inflow of funds from the subcontinent. Three decades after Adel’s father began Danube in the United Arab Emirates, Indians account for 32% of the company’s clients in the UAE, and they are helping to drive some of the company’s greatest advances.
