Developers are flocking to Dubai at high speed to capitalise on the many opportunities presented as the population rises and more businesses settle their base here.
And the Indian company, Sunrise Capital has taken note of this – as they are coming to Dubai with a massive development, or shall we say a massive range of multiple developments up their sleeve.
Let us share everything you need to know about this!
A little intro: Sunrise Capital
For many of us who are new here, Sunrise Capital is a rising name in Dubai’s luxury real estate sector and is setting its sights on an ambitious expansion across the UAE. The group was founded by Yogesh Bulchandani and backed by an Indian-origin group.
They have plans to extend their influence beyond national borders and the company is preparing to launch a significant mixed residential and commercial project in October. This AED400 million venture is going to be in Dubai’s Wasl Gate area.
Luxury meets craftsmanship in Dubai
Sunrise Capital has already made a strong impression with its commitment to luxury and high standards of craftsmanship globally in its other ventures and property developments.
The company is currently managing projects valued at over AED120 million, including a super luxury villa set to be completed by October 2024, worth AED65 million.
Another luxury villa, with a price tag of AED70 million, is expected to be finished by June 2025. These projects highlight the company’s focus on delivering exceptional quality in the competitive Dubai real estate market.
Growth and expansion plans
While Sunrise Capital’s immediate focus remains on real estate, the company is planning to diversify into other sectors once it has firmly established itself in the industry in Dubai.
The company is also considering launching a luxury commercial tower, signalling its interest in expanding into the commercial real estate sector. This move aligns with Sunrise Capital’s broader vision of creating a diversified portfolio that includes both residential and commercial properties.
What drove them to their expansion plans has been the current positive outlook on Dubai’s and the UAE’s real estate market. Their team believes that the market will continue to show strength and appeal, from the robust demand, and a growing array of premium projects. He anticipates that property prices will rise, particularly in the next six months, fueled by a surge in off-plan investments!
