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Gulf Press > Business > Indian Real Estate Agent Plans Dh2 Billion Investments in Dubai – News
Business

Indian Real Estate Agent Plans Dh2 Billion Investments in Dubai – News

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Last updated: 2024/07/05 at 10:04 PM
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Zoya Developments, a renowned real estate developer from India, has recently announced its expansion into the UAE market with an investment of over Dh2 billion earmarked for the next three years. Their first project in Dubai, located in the Furjan area, is set for handover in 2026. The company’s inaugural projects in Dubai will be situated in prime locations such as Furjan, Dubai Islands, and JVT, offering innovative residential living options with spacious layouts, integrated outdoor spaces, and smart home technologies.

With a track record of delivering over 100,000 units and developing more than two million sq.ft. of real estate in India over the past 14 years, Zoya Developments has built a stellar reputation in the industry. The company was founded under the leadership of Farooq Khan and is now led by the second generation – Executive Directors Shoaib Khan and Imtiaz Khan. Their focus on thoughtful design, sustainable practices, and customer-centric approach underscores their commitment to creating lasting legacies for future generations.

Imtiaz Khan, Founder & Managing Director of Zoya Developments, expressed their excitement about entering the Dubai market, citing the city’s dynamic growth, visionary leadership, and strategic initiatives as key factors in their decision. The company’s acquisition of prime land in sought-after areas like Furjan, Dubai Islands, and JVT reflects their dedication to developing community-centric living spaces in strategic locations. They aim to target the affordable luxury segment with attractive payment plans to attract first-time buyers.

Collaborating with top architects and designers, Zoya Developments creates visually appealing and highly functional spaces that prioritize liveability. The integration of smart home technologies ensures convenience, security, and personalization for residents, while sustainability remains a cornerstone of their approach. The company’s focus on offering affordable luxury options in emerging areas aligns with the growing demand in Dubai’s property market for suburban communities like Furjan, which offer connectivity and a thriving community life.

In conclusion, Zoya Developments’ entry into the UAE market signifies a new chapter for the company as they bring their expertise in real estate development to Dubai. With a strong foundation built on years of success in India, the company is well-positioned to make a mark in the competitive Dubai market by offering innovative, customer-centric living spaces in strategic locations. Their commitment to sustainability, thoughtful design, and affordability sets them apart as a developer to watch in the coming years. Residents and buyers looking for new options in emerging areas can look forward to Zoya Developments’ upcoming projects in Dubai’s thriving real estate market.

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News Room July 5, 2024
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