Srinagar: Business leader Rizwan Sajan has expressed strong confidence in Dubai’s resilience and long-term economic strength, emphasising that the emirate has repeatedly demonstrated its ability to overcome global crises.
In a statement to Kashmir Observer, the founder and chairman of Danube Group said that Dubai has been his home for more than three decades and continues to provide a sense of safety and stability for residents and businesses alike.
“While no place in the world is perfect, even in challenging times like these, we continue to feel safe and secure in Dubai,” Sajan said. He noted that the city has successfully navigated major disruptions in the past, including the Global Financial Crisis and the COVID-19 pandemic, emerging stronger each time.
According to Sajan, resilience is deeply embedded in Dubai’s economic framework, and he remains confident that the emirate will maintain a steady and sustainable growth trajectory. He also praised the government’s efforts to ensure that both citizens and expatriates feel protected and supported during challenging periods.
Highlighting the company’s social responsibility initiatives, Sajan said Danube Group has so far accommodated more than 450 stranded individuals across its buildings and hotels. He added that the company intends to continue extending support to more people in need.
Addressing concerns about the real estate sector, Sajan said the current situation appears to be driven largely by market sentiment rather than any structural change in fundamentals.
“At this stage, it would be premature to draw long-term conclusions,” he said, noting that while such developments may create temporary uncertainty, Dubai’s underlying economic fundamentals remain strong.
He reaffirmed that the company will continue working closely with authorities and supporting initiatives aimed at sustaining Dubai’s growth and stability.
Sajan concluded by reiterating his confidence that Dubai’s economy and property sector will continue to grow and thrive in the years ahead.
