**Sunteck Realty Enters Dubai’s Luxury Property Market with ₹10,000 Crore Project**
Sunteck Realty Ltd has made its debut in the Dubai real estate sector, launching a luxury project valued at ₹10,000 crore in the sought-after Downtown Dubai area. This move comes as the city experiences a significant increase in demand for high-end properties. The newly established Sunteck International will collaborate with local partner MAS Real Estate to develop two residential towers on a 2.5-acre site, offering a mix of standard apartments and branded residences in partnership with renowned hospitality brands.
Set to launch in 2026, this ambitious project is projected to have a gross development value (GDV) nearing ₹10,000 crore. Kamal Khetan, chairman and managing director of Sunteck Realty, emphasized the strategic nature of this international expansion, citing Dubai’s robust infrastructure, influx of global investment, appealing lifestyle, and rising demand for premium homes from various nationalities, not just Indians.
Sunteck International has plans for additional projects in the UAE, targeting a total investment exceeding ₹35,000 crore over the next three years. The company is no stranger to luxury developments, with its Signature Island project in Mumbai’s Bandra Kurla Complex attracting high-profile residents, including Bollywood stars and top executives. Furthermore, Sunteck has launched a new luxury development division, Emaance, which will focus on ultra-luxury projects, including a high-end development on Nepean Sea Road in South Mumbai, where property prices are expected to exceed ₹2 lakh per square foot.
In the latest financial results, Sunteck Realty reported a 41.4% year-on-year increase in net profit, reaching ₹49 crore for the September quarter, while operational revenue surged by 49.3% to ₹252.4 crore.
The connection between Indian developers and the Dubai real estate market has been strong, with many firms pursuing luxury projects abroad, particularly in London and Dubai, during periods of domestic market growth. Although some plans were paused during downturns in the Indian market, many developers continue to launch projects in Dubai, recognizing its status as a premium global property destination. Notable examples include the Hiranandani Group’s 23 Marina tower and Sobha Realty’s various developments in the UAE. Chennai-based Casagrand also entered the Dubai market in 2025, planning to develop 6 million square feet in the coming years.
Indian real estate developers are increasingly making their mark in Dubai and the broader Middle East, driven by the desire to expand beyond saturated domestic markets.
**FAQ**
**What is Sunteck Realty’s new project in Dubai?**
Sunteck Realty’s new project in Dubai is a luxury development valued at ₹10,000 crore, featuring two residential towers in Downtown Dubai, set to launch in 2026.
