In a strategic move to expand its footprint in the Middle East, a leading civil construction company with an impressive order book worth Rs 1,00,000 crore has officially established a wholly owned real estate subsidiary in Dubai Mainland, UAE. The new subsidiary is capitalized with AED 10,00,000 and marks a significant milestone for the company’s ambitions in the fast-growing UAE real estate market.
The parent company, renowned for its expertise in large-scale civil construction projects across India and beyond, currently boasts an order book valued at Rs 1,00,000 crore. This extensive pipeline of projects highlights the company’s robust financial health and sustained growth in the infrastructure sector. The company’s decision to launch a dedicated real estate arm in Dubai Mainland is a clear indicator of its commitment to tapping into the lucrative UAE property market.
Dubai Mainland offers unique advantages for businesses aiming to operate seamlessly within the UAE. Unlike free zones, mainland companies have the flexibility to trade directly with the local market and participate in government contracts, providing vast growth opportunities. This allows the real estate subsidiary to engage in a broader range of projects, including commercial, residential, and mixed-use developments.
By registering the subsidiary in Dubai Mainland, the company can take advantage of the UAE’s investor-friendly environment, strong legal framework, and growing real estate demand driven by increasing population and economic diversification.
The newly formed real estate subsidiary is capitalized at AED 10,00,000, demonstrating a substantial initial investment to set up operations, hire skilled personnel, and start project development activities. This capital base will support the company’s plans to launch new real estate ventures that cater to both retail buyers and institutional investors in the UAE.
The investment reflects the company’s confidence in the UAE’s long-term growth prospects and real estate market resilience despite global economic uncertainties.
Diversification is a key component of the company’s growth strategy. Having built a strong reputation in civil construction—including roads, bridges, airports, and urban infrastructure—the company aims to leverage its engineering and project management expertise into real estate development.
The new subsidiary will focus on developing high-quality residential and commercial properties that meet the needs of the UAE’s diverse population, including expatriates and locals. The company also plans to explore sustainable and innovative building solutions, aligning with Dubai’s vision to become a smart and green city.
Establishing the subsidiary in Dubai Mainland will create numerous job opportunities in construction, design, marketing, and administration. This will not only contribute to the local economy but also help transfer valuable knowledge and skills to the UAE’s workforce.
The company’s entry into the UAE real estate market is expected to bring competitive projects and enhance housing options, contributing positively to Dubai’s ambitious urban development plans.
A spokesperson from the company shared, “We are thrilled to expand our operations into Dubai Mainland with a dedicated real estate subsidiary. Our Rs 1,00,000 crore order book gives us the strength and confidence to explore new horizons. With an initial capital of AED 10,00,000, we are well-positioned to deliver innovative and quality real estate projects that align with the UAE’s growth story.”
They added, “Our experience in civil construction equips us to contribute significantly to Dubai’s urban landscape. We look forward to building homes, offices, and communities that meet the highest standards.”
Dubai’s real estate sector has shown remarkable resilience and growth over the past few years, fueled by government initiatives, Expo 2020 legacy projects, and favorable visa policies for investors. Demand for residential and commercial spaces continues to rise, attracting international investors and developers.
Industry analysts believe that the entry of experienced construction firms into real estate development will increase competition, improve quality, and introduce fresh ideas, ultimately benefiting buyers and tenants.
For investors, the new real estate subsidiary backed by a strong civil construction background offers an added layer of trust and reliability. The company’s ability to manage complex infrastructure projects translates into well-executed real estate ventures with timely delivery and high standards.
For homebuyers and commercial tenants, this development signals access to quality properties designed with a deep understanding of structural integrity and urban planning.
The incorporation of the wholly owned real estate subsidiary in Dubai Mainland, UAE, supported by AED 10,00,000 capital, represents a significant step in the civil construction company’s international expansion plans. With a Rs 1,00,000 crore order book backing its efforts, the company is poised to make a meaningful impact on the UAE’s real estate landscape.
This bold move not only diversifies the company’s portfolio but also strengthens its position as a global player in construction and real estate development. Dubai’s dynamic market, coupled with the company’s strong foundation, creates an exciting future for all stakeholders involved.
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