Dubai Real Estate Impact Limited Despite US–Israel–Iran Tensions, Says Danube Group’s Rizwan Sajan

Rizwan Sajan, Founder and Chairman of Danube Group, has said that the ongoing US–Israel–Iran tensions and recent security incidents are unlikely to cause any structural disruption to Dubai’s real estate market, with the current impact driven largely by sentiment rather than fundamentals.

Sajan stated that Dubai has repeatedly demonstrated resilience through major crises, including the 2008 financial downturn and the COVID-19 pandemic, emerging stronger each time. He expressed confidence that the city’s economy will continue to grow, supported by strong leadership and proactive governance that ensures safety and stability for residents and expatriates.

He noted that while geopolitical developments can create short-term uncertainty, it would be premature to draw long-term conclusions about market performance. According to him, the underlying fundamentals of Dubai’s property sector remain strong, supporting steady and sustainable growth.

Danube Group has also extended support to more than 450 stranded individuals by accommodating them in its buildings and hotels, with Sajan reaffirming the company’s commitment to contributing to Dubai’s stability and continued success.