Dubai Becomes the Top Destination for Global Millionaires as Sunteck Realty Enters the UAE with a Dh15 Billion Investment Strategy
The UAE has solidified its position as the world’s leading migration hub for high-net-worth individuals, welcoming more than 9,800 millionaires in 2025 alone, according to Henley & Partners. Investor-friendly policies, tax efficiency, global connectivity and world-class infrastructure have positioned Dubai alongside New York, London and Singapore as one of the most future-ready luxury real estate markets worldwide. As affluent investors continue to relocate to the emirate, demand for ultra-luxury properties has surged across prime areas such as Downtown Dubai, Palm Jumeirah and Dubai Marina.
Sunteck Realty Enters Dubai: A Major Global Expansion
In line with Dubai’s rising global stature, India’s luxury real estate giant Sunteck Realty Ltd has announced its entry into the UAE with the launch of Sunteck International, headquartered in Dubai. Over the next three years, Sunteck plans to develop Dh15 billion worth of high-profile projects, marking one of the most ambitious expansions by an Indian developer into the Middle East. Several multi-billion-dirham developments are already under evaluation, with major announcements expected in early 2026.
Backed by triple ISO certifications, a strong financial position and an exceptionally low Net Debt-to-Equity ratio of 0.04x, Sunteck Realty stands among India’s most financially disciplined luxury developers. Its AA long-term credit rating underscores its stability and ability to deliver large-scale, design-centric, ultra-premium projects.
Flagship Launch in Downtown Dubai: A Location-First Approach
Sunteck’s debut project in the UAE is a landmark development on a prime land parcel in Downtown Dubai, just moments from the Burj Khalifa and The Dubai Mall. Breaking away from traditional developer playbooks, Sunteck chose a “location-first” reveal — showcasing the exclusivity of the last major undeveloped site in Dubai’s most iconic district before unveiling architectural concepts.
The flagship development carries an estimated GDV of Dh5 billion. Sunteck aims to redefine ultra-luxury living through contemporary design, precision craftsmanship and curated lifestyle offerings. Plans include branded residences created in partnership with leading global hospitality brands, adding another layer of exclusivity to the project.
Why Dubai? Sunteck’s Leadership Explains the Strategic Move
Kamal Khetan, Chairman & Managing Director of Sunteck Realty Ltd, emphasises that Dubai was not just an appealing option — it was the only logical choice for the company’s international expansion. “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,” he said. “Few cities have demonstrated such a decisive, sustained rise in luxury real estate.”
He added that Dubai’s luxury segment offers unmatched potential: “Dubai is, very frankly, the best real estate market in the world right now, especially for super luxury. High-net-worth individuals are relocating here in record numbers, and the UAE offers volumes, pricing and margins that are unparalleled.”
Sunteck explored other global destinations, including the United Kingdom, but the trend of millionaires leaving Europe for the UAE reinforced Dubai’s dominance. Lower price-per-square-foot benchmarks compared to mature global cities also offer significant room for future appreciation — a key factor attracting global developers and investors alike.
Dubai’s Luxury Market Continues Its Global Ascent
The influx of global wealth has transformed luxury neighbourhoods such as Dubai Hills Estate and MBR City, where demand consistently outpaces supply. From waterfront villas to branded residences, the luxury pipeline continues to expand as international developers recognise Dubai as a long-term investment hub rather than a short-term opportunity.
What sets Dubai apart is its combination of affordability (relative to global capitals), lifestyle quality, safety, freehold ownership rights and unmatched economic resilience. As new wealth continues flowing into the UAE, developers like Sunteck are positioning themselves to capture the city’s next era of ultra-luxury growth.
A New Chapter for Dubai’s High-End Real Estate
Sunteck’s arrival marks a pivotal moment in the evolution of Dubai’s luxury real estate sector. With Dh15 billion in projects planned and a flagship development in Downtown Dubai underway, the company is poised to contribute meaningfully to the skyline and elevate standards in ultra-luxury living. The synergy between global wealth migration and premium development expertise reinforces Dubai’s position as the preferred destination for the world’s wealthiest investors.
For insights into premium developments, market performance and luxury investment opportunities across Dubai’s leading communities, connect with Aurantius Real Estate for expert guidance and tailored advisory.
