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Indian developer Zoya Developments makes its Dubai debut with $544 million investment

The first project by Zoya Developments in Dubai’s Furjan area is set for completion in 2026, with more projects planned in prime areas like Dubai Islands and JVT

Indian developer Zoya Developments makes its Dubai debut with $544 million investment

Zoya Developments, a leading real estate developer in India, is making its mark in the UAE market with a $544 million (AED 2 billion) investment over the next three years. Their first project in Dubai’s Furjan area is set for completion in 2026, with more projects planned in prime areas like Dubai Islands and JVT. These upcoming projects will offer spacious layouts, outdoor spaces, and smart home technologies, all designed with the customer in mind.

Zoya Developments, led by chairman and managing director Farooq Khan of Columbia Group, has been a leader in crafting modern living spaces in India for over 14 years. With a focus on quality and innovation, they have delivered over 100,000 units and developed two million square feet of real estate. Now expanding to Dubai, Zoya Developments is driven by the second-generation, executive directors Shoaib Khan and Imtiaz Khan, with a renewed purpose and passion for building the future of the Group.

L-R: Shoaib Khan, Zoya Khan and Imtiaz Khan

Imtiaz Khan, founder and managing director of Zoya Developments, highlighted Dubai’s rapid development, innovative leadership, and progressive projects as key factors in the company’s decision to enter the market. “Zoya Developments collaborates with top architects and designers to create visually stunning and functional spaces that prioritise liveability over trends. Smart home technologies are seamlessly integrated for convenience and security, while sustainability practices like recycling construction waste and using recycled materials benefit both residents and the environment.”

In recent years, the real estate market in Dubai has experienced robust growth. Homebuyers are showing an increased interest in suburban neighbourhoods such as Furjan, known for their connectivity and vibrant community atmosphere. Developers are responding to this shift in buyer preference by introducing new projects tailored to those seeking properties in these areas. This not only provides buyers with a wider range of affordable options in up-and-coming neighbourhoods but also grants them access to future popular hotspots for both homeowners and tenants.