Connect with us

Business

India’s Sunteck Realty begins its global ambitions at the footsteps of Burj Khalifa

Published

on

Sunteck Realty Downtown Dubai project

Sunteck Realty, India’s leading public-listed real estate developer, entered the UAE market with their launch of Dubai-headquartered Sunteck International, and also unveiled its debut project on one of the few remaining land parcels in Downtown Dubai.

Sunteck has always believed in location-first, design-led luxury, and is bringing its philosophy to the UAE. The flagship Downtown Dubai project is estimated at AED5 billion (US$1.36 billion) gross development value (GDV), and it will feature a contemporary design language, shaped by craftsmanship and architectural innovation.

The company showcased the prime Downtown Dubai site – located just steps from the Burj Khalifa and The Dubai Mall – with a 1000-drones show.

Advertisement

Sunteck International will drive the Group’s global expansion strategy, built on two decades of design-led innovation, debt-free financial discipline, and a portfolio of over 50 million sqft across Mumbai, one of Asia’s most demanding urban markets.

Kamal Khetan, Chairman & Managing Director, Sunteck Realty, said: “Among the world’s greatest luxury capitals, Dubai stood out as the unequivocal choice for our international debut.

“Few cities have demonstrated such a decisive, sustained rise in luxury real estate. The investor-friendly policies, global connectivity, best-in-class infrastructure, tax-efficient environment and an unmatched concentration of ultra-high-net-worth residents have transformed Dubai into the world’s most future-ready luxury market.

“As an ultra-luxury, future-first developer, Dubai offers what no other city does: the perfect intersection of architectural ambition, economic stability, and a globally sophisticated consumer. It wasn’t simply an attractive market, but the only market that matched our aspirations.

Advertisement

“Our location is one of the most sought-after addresses in the world and we are here to break the ceiling of what ultra-luxury can mean, creating spaces that transcend what exists today.”

Sunteck International’s plot-first reveal stands apart in a market where launches typically centre around fully-envisioned towers, elaborate masterplans, and rendered skylines. It affirms the Group’s absolute confidence in the exclusivity and long-term value of the last available development opportunity in Downtown Dubai.

In a release, the company said: “By choosing to unveil the land-first, unlike the market norm where projects are showcased, Sunteck International intends to let the location speak for itself. This approach reflects our conviction that extraordinary locations deserve to be experienced in their purest form before design narratives are layered onto them.”

For the project, Sunteck International has joined hands with MAS Development as its strategic development partner. In addition, Sunteck International has partnered with globally renowned firms such as HBA London for interior direction and JT+Partners for architectural strategy and design.

Advertisement

It will also feature branded residences in collaboration with leading global hospitality brands, details of which will be announced in the future.

Sunteck International announced planned developments of over AED15 billion (US$4.08 billion) worth of projects over the next three years, reinforcing its long-term commitment to the UAE.

Founded in 2000, Sunteck Realty is recognised as one of India’s most financially robust and quality-driven developers. It has Net Debt-to-Equity ratio of 0.04x and an AA long-term credit rating.

Source link

Advertisement
Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Copyright © 2025 Wordupnews.com