Friday, November 22, 2024

Indian Real Estate giant Zoya Developments announces Dh2bn investment in Dubai

Dubai’s property market has experienced robust growth in recent years, with suburban communities like Furjan becoming increasingly popular due to their connectivity and vibrant community life

PRAVASISAMWAD.COM

Zoya Developments, a leading real estate developer from India, has announced a significant expansion into the UAE market, earmarking over Dh2 billion for investments over the next three years. This ambitious move kicks off with the launch of their first project in Dubai’s burgeoning Furjan area, slated for completion by 2026, Khaleej Times reported.

The company’s debut projects in Dubai will be strategically located in high-demand areas such as Furjan, Dubai Islands, and Jumeirah Village Triangle (JVT), setting new standards in residential living. These upcoming developments will feature spacious designs, integrated outdoor spaces, and state-of-the-art smart home technologies, all tailored with a customer-focused approach.

With a track record spanning 14 years, Zoya Developments has established a stellar reputation in the Indian market, having delivered over 100,000 units and developed more than two million square feet of prime real estate. The company was founded by Farooq Khan and is now led by the second generation of the family, Executive Directors Shoaib Khan and Imtiaz Khan. Their vision combines thoughtful design, sustainable practices, and a deep understanding of customer needs to create lasting legacies.

  • Developers are responding to this trend by launching new projects that cater to buyers seeking these emerging areas

  • This strategy not only provides new options at affordable prices but also positions these locations as future hotspots for homeowners and tenants alike

“Dubai’s dynamic growth, visionary leadership, and forward-thinking initiatives make it an ideal destination for our expansion,” said Imtiaz Khan, Founder & Managing Director of Zoya Developments. “Acquiring prime land in sought-after areas like Furjan, Dubai Islands, and JVT underscores our commitment to developing community-centric living environments in strategic locations.”

Shoaib Khan added that the company aims to tap into the affordable luxury segment, offering attractive payment plans to target first-time buyers. Collaborating with leading architects and designers, Zoya Developments ensures that their projects are both visually stunning and highly functional, enhancing liveability beyond current trends. The integration of smart home technologies promises convenience, security, and personalization for residents, with sustainability being a key focus.

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