Mumbai-based real estate developer Sunteck Realty is entering the UAE with a luxury residential project in Downtown Dubai valued at about INR 100 bn (USD 1.2 bn), Live Mint reports. The project will be built on a 2.5-acre site and will include two towers offering luxury units and branded residences, with a launch targeted for 2026. It’s being built by recently-incorporated subsidiary Sunteck International.

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It’s part of a deeper push: Sunteck International is also building a broader UAE portfolio, with planned projects worth more than INR 350 bn (USD 4.2 bn) over the next three years, the daily reports. The company is partnering with Dubai-based MAS Real Estate for its initial developments.

Background: Indian real estate firms have stepped up expansion in Dubai as demand for premium housing remains strong. Groups such as Hiranandani, which developed the 23 Marina tower, Casagrand, which entered the Dubai market in 2025, have been adding projects in the Emirates. Dubai-headquartered Sobha Realty, founded by India-born PNC Menon, also continues to build its development pipeline.

Indians are helping prop-up Dubai’s housing market: Dubai’s housing market has been seeing record activity, with around 169k property transactions in 2024 worth AED 367 bn, according to Knight Frank’s Destination Dubai 2025 analysis. Indians are the largest overseas buyer group, accounting for about 22% of Dubai property agreements and investing roughly AED 35 bn (USD 9.5 bn) in 2024.

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