Indian star Anil Kapoor said to invest in Dubai property

Slumdog Millionaire star reportedly buys units in Danube Properties' Ritz project
Indian actor Anil Kapoor. (Getty Images)
By Staff writer
Tue 26 Jan 2016 01:42 PM

Indian actor Anil Kapoor has bought a number of properties in Dubai, it was reported on Tuesday.

The 59-year-old, who has appeared in numerous Bollywood movies and western blockbusters such as ‘Slumdog Millionaire’ and ‘Mission: Impossible – Ghost Protocol’ with Tom Cruise, has reportedly bought units in Danube Properties’ Ritz project in the Al Furjan area of Dubai, according to Emirates 24/7.

The project, located near the Ibn Battuta mall and comprising 452 fully-furnished apartments, already has strong links to the Indian community. Ritz is being developed by Danube Properties, which is part of the Danube Group, a conglomerate owned by businessman Rizwan Sajan, who was ranked the 17th richest Indian in the GCC in 2015, with a fortune of $828 million.

The project is currently being promoted on billboards across Dubai with the image of Bollywood actress Shilpa Shetty, while prevous brand ambassadors used by Danube include actress Juhi Chawla and former cricket star Sunil Gavaskar.

Property in Dubai has long been popular with Indian buyers. Earlier this month, Indians topped a list of non-GCC buyers of Dubai real estate last year with AED20 billion ($5 billion) of transactions, according to new data from the Dubai Land Department (DLD).

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