L to R: Joe Tabet, founder and managing director, JT+Partners; Sayeli Uysal Ayaydin, partner, HBA London; Kamal Khetan, chairman and managing director, Sunteck Realty; Imad Al-Khoury, chief executive officer/Image: Supplied
Sunteck Realty, one of India’s luxury real estate developers, has officially entered the UAE market with the launch of Sunteck International, its new global arm headquartered in Dubai. The move marks the company’s first international expansion and its ambition to redefine ultra-luxury development in the region.
At an exclusive reveal featuring a 1,000-drone show, Sunteck International unveiled the prime land parcel for its inaugural project in Downtown Dubai—an Dhs5bn development located steps away from the Burj Khalifa and The Dubai Mall. The plot is widely regarded as one of the most coveted remaining sites in the district.
Unlike typical project unveilings that showcase full tower concepts or masterplans, Sunteck International opted for a plot-first reveal. The company said the strategy underscores its confidence in the location’s inherent value and its belief that “extraordinary locations deserve to be experienced in their purest form” before design elements are introduced.
The developer’s entry into Dubai comes as the UAE continues to attract record levels of global wealth. According to Henley & Partners, the UAE is set to welcome a net inflow of over 9,800 millionaires in 2025, cementing its position as the world’s top destination for high-net-worth migration.
“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,” said Kamal Khetan, chairman and managing director, Sunteck Realty. “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 company is partnering with MAS Development as its strategic development partner, with HBA London and JT+Partners appointed to lead interior direction and architectural strategy respectively. Sunteck International confirmed that the project will include branded residences in collaboration with global hospitality brands, with announcements expected in the coming weeks.
Aligned with UAE Vision 2031 and the Dubai 2040 Urban Plan, Sunteck International has also outlined plans to develop more than Dhs15bn worth of projects in the country over the next three years. Several large-scale developments are already under evaluation, with major updates anticipated in the first half of 2026.
Sunteck Realty, publicly listed in India, brings a track record of over 50 million sq. ft. of development across Mumbai and a reputation for financial discipline. The company maintains a Net Debt-to-Equity ratio of 0.04x and an AA long-term credit rating. Sunteck International said it intends to replicate this “transparency, quality, and design excellence” as it enters the UAE market.
