Gulf
Today, Saturday, Jul 06, 2024 | Dhu al-Hijjah
30, 1445
Indian developer enters into Dubai market, plans over Dhs2b investment
United Arab Emirates:
Zoya
Developments, a prominent real estate developer from India, announced its
expansion into the UAE market with investment of over Dhs2 billion allocated
for the next 3 years.
This landmark entry is marked by the unveiling of their first project in
Dubai’s thriving Furjan area, with a projected handover in 2026.
Zoya Developments’ inaugural projects in Dubai will be located in thriving
localities like Furjan, Dubai Islands & JVT, promising new benchmarks in
residential living. These soon-to-be revealed projects will feature spacious
layouts, integrated outdoor spaces, and cutting-edge smart home
technologies, all designed with a customer-centric approach.
For 14 years, Zoya Developments has been at the forefront of crafting modern
spaces that seamlessly blend craftsmanship with functional living.
Their innovative approach and dedication to quality have earned them a
stellar reputation in the Indian market, where they have delivered over
100,000 units and developed more than 2M sq.ft. of prime real estate.
Zoya Developments was created under the patronage and visionary leadership
of Farooq Khan, the Chairman & Managing Director of Columbia Group who has
consistently pushed the bar in real estate development. With over 20 years
of experience, Khan is renowned for his strategic insights and operational
expertise, that has today propelled the future of the Group with the
announcement of Zoya Developments.
Zoya Developments come to Dubai with a renewed purpose and passion - led
forward by the second generation of the business - Executive Directors
Shoaib Khan and Imtiaz Khan. Through thoughtful design, sustainable
practices, and a deep understanding of customers’ needs, Zoya Developments
believe in crafting legacies that that will live on for generations.
“Dubai’s dynamic growth, visionary leadership, and forward-thinking
initiatives have made it an ideal destination for our foray into this
market. The acquisition of prime land in top-rated areas like Furjan, Dubai
Islands and JVT, underscores our commitment to creating community-centric
living environments in strategic locations,” said Imtiaz Khan, Founder &
Managing Director of Zoya Developments.
Collaborating with leading architects and designers, the company creates
visually stunning and highly functional spaces that go beyond trends to
enhance liveability. The integration of smart home technologies ensures
convenience, security, and personalization for residents.
Sustainability is another cornerstone of Zoya’s approach. From recycling
construction waste to using recycled materials, Zoya Developments is
committed to pioneering sustainable development practices that benefit both
residents and the environment.
Zoya’s culture is built on bold ideas, teamwork, exceptional quality, and an
unwavering focus on residents’ needs. These values inspire the company to
continually push the boundaries of what’s possible in real estate
development.
Dubai’s property market has seen strong growth in recent years. Buyers are
interested in suburban communities like Furjan which are well-connected and
with a thriving community life. Developers are taking notice of this trend
and launching new projects catering to buyers who prefer these areas.
This not only offers buyers new options in emerging areas at affordable
prices, but also offering them access to locations that will soon become
popular locations for both homeowners and tenants in the coming years.