Sunteck Realty Ltd. has entered the UAE market with the launch of Sunteck International, a new Dubai-based arm that will lead the Indian developer’s global expansion.
The company also revealed the site of its first local project, a prime plot in Downtown Dubai near the Burj Khalifa and The Dubai Mall.
Downtown launch site
At a drone-show reveal in Dubai, Sunteck International presented the land for its debut development, which has an estimated gross development value of Dhs 5 billion.
The company said it chose to showcase the location before releasing any design details, positioning the plot-first reveal as a signal of confidence in what is considered one of the last major development spots in Downtown Dubai.
Expansion strategy
Sunteck Realty, publicly listed in India, brings a portfolio of more than 50 million sq ft from the Mumbai market. The Dubai project will introduce a contemporary design approach shaped by craftsmanship and architectural innovation.
The company said Sunteck International will support planned investments of more than Dhs 15 billion in the UAE over the next three years, with further project announcements expected in the first half of 2026.
Market drivers
Company chairman and managing director Kamal Khetan said Dubai’s position among global luxury hubs influenced the decision.
He said: “Among the world’s greatest luxury capitals including New York, London, Miami and Singapore, 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.”
He added: “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. 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.”
The announcement comes as the UAE continues to attract high-net-worth residents. According to Henley & Partners, more than 9,800 millionaires are expected to relocate to the country this year.
Project partners
Sunteck International has partnered with MAS Development as its strategic development partner. HBA London will lead interior direction, while JT+Partners will support architectural strategy and design. The project will also include branded residences in collaboration with global hospitality names, with details to be shared soon.
The developer said its UAE expansion aligns with the goals of UAE Vision 2031 and the Dubai 2040 Urban Plan, which focus on future-ready infrastructure and sustainable urban growth. Sunteck Realty, known for its low leverage and AA long-term credit rating, said it intends to apply the same financial discipline and design standards to its UAE projects.
tanvir@dubainewsweek.com
