Sunteck Realty makes Dubai debut with a ₹10,000 crore premium project

Sunteck Realty Ltd has made its entry into the Dubai property market with a ₹10,000-crore luxury project in the prime Downtown Dubai area, at a time when the city is experiencing a surge in demand for premium properties.

The project will be developed by Sunteck International, the company established to handle UAE ventures, in collaboration with local firm MAS Real Estate. Spanning 2.5 acres, it will feature two residential towers offering both standard apartments and branded residences, in partnership with hospitality brands.

The Mumbai-based developer’s debut project in Dubai is slated for launch in 2026 and is expected to have an estimated gross development value (GDV) of around ₹10,000 crore.

“Our entry into a global market such as Dubai is a strategic move, driven by its advanced infrastructure, inflow of international capital, lifestyle appeal, and the growing demand for premium homes beyond the Indian market,” said Kamal Khetan, chairman and managing director of Sunteck Realty.

Sunteck International has plans to develop projects worth over ₹35,000 crore in the UAE over the next three years.

A track record in luxury development

Sunteck Realty is already known for its high-end projects. Its Signature Island residential property in Mumbai’s Bandra Kurla Complex (BKC) houses several Bollywood celebrities, bankers, and C-suite executives.

The company has also launched a new luxury vertical, Emaance, which will focus on ultra-luxury homes, including a project on Nepean Sea Road in South Mumbai with properties priced above ₹2 lakh per square foot.

In the September quarter, Sunteck reported a 41.4% year-on-year growth in net profit to ₹49 crore, while revenue from operations rose 49.3% to ₹252.4 crore.

The India–Dubai real estate connection

Indian developers have increasingly explored luxury projects abroad, including in London and Dubai, particularly during times when the domestic market was booming. While some paused expansion plans during domestic slowdowns, several firms continue to launch projects in Dubai due to its status as a premium global property market.

Mumbai’s Hiranandani Group, for instance, gained recognition for its 23 Marina tower in Dubai. PNC Menon, founder of Sobha Ltd, also established Sobha Realty with multiple UAE projects. Chennai-based Casagrand entered Dubai in 2025 with a residential project on Dubai Islands and has outlined plans to develop 6 million sq. ft over the next three years.

“Indian developers are making a significant mark in Dubai and the broader Middle East. While expanding beyond saturated domestic markets is a key motivator, Dubai’s regulatory environment and favorable tax framework are equally important. These firms aim to build strong brands and high-value portfolios targeting ultra-high-net-worth individuals,” said Anuj Puri, chairman of property advisory Anarock Group.

He added, “Simultaneously, investment from the UAE into India’s growing economy continues to rise. This reciprocal real estate relationship reflects how major Indian developers are broadening their global presence and reshaping cross-border investment flows.”