Arista Properties Plans Dh5 Billion Investment in Dubai Real Estate

20 Dec, 2023

Arista Properties Plans Dh5 Billion Investment in Dubai Real Estate

Arista Properties, a burgeoning force in Dubai's real estate sector, is poised to make a significant impact with an ambitious investment plan exceeding Dh5 billion over the span of the next three to four years. Their vision is clear: to redefine the standards of luxury and sophistication in real estate by infusing bespoke designs and unparalleled elegance into every project they undertake.

The real estate industry in the UAE holds immense economic significance, contributing a substantial 5.5% to the nation's total GDP. Dubai, in particular, has garnered global attention as the world's fourth busiest ultra-prime property market, showcasing an impressive 40% surge in property value from Dh69.5 billion in Q3 2022 to Dh97.55 billion in Q3 2023.

Amid Dubai's prominence as a pivotal hub for finance and business, Arista Properties is stepping into the market, recognizing the city's magnetism for investors and its potential for further real estate development. Arista's strategic focus revolves around catering to the needs and preferences of High-Net-Worth Individuals (HNWIs) and Ultra High-Net-Worth Individuals (UHNWIs), acknowledging the city's allure as a prime market for these segments.

Srishti Gaur, Arista Properties' Head of Media Relations, expressed confidence in the UAE's dynamic market. She underscored the visionary leadership, thriving economic landscape, and diverse population, all of which align seamlessly with Arista's mission to redefine luxury living. Their aim goes beyond redefining community luxury; it's about elevating the industry to unprecedented heights.

Arista's approach involves curating exceptional living spaces by collaborating with top-tier designers, architects, and landscapers. Looking ahead, they plan to expand their footprint into the realm of commercial real estate, crafting luxurious commercial spaces that parallel the grandeur of their residential projects.

The launch of their inaugural project at Mohammed Bin Rashid City (MBR City), developed in partnership with One Broker Group, signifies Arista Properties' entry into Dubai's real estate landscape. The project, designed by the esteemed architect firm HBA- Hirsch Bedner Associates, marks the beginning of Arista's journey toward redefining luxury living and making a substantial mark in Dubai's thriving real estate market.