Sunrise Capital, a rising name in Dubai’s real estate market, plans a significant expansion. The developer aims to introduce a range of luxury villas and apartments across Dubai and the UAE. This ambitious plan aligns with the company's goal to become a leader in luxury Dubai real estate.
NEW UPCOMING PROJECTS FROM SUNRISE CAPITAL IN DUBAI
Sunrise Capital will launch its first mixed-use residential and commercial project in October. Located in Dubai's Wasl Gate area, this project has a valuation of AED 400 million. Sunrise Capital is promoting this project as a blend of luxury and practicality.
SUNRISE CAPITAL'S FOCUS ON LUXURY AND CRAFTSMANSHIP
Yogesh Bulchandani, the Founder of Sunrise Capital, stated that the company remains focused on Dubai. But he made it clear that the company is also open to expanding across the UAE. “We would keep expanding on our current investment strategy of having few luxury villas and luxury projects,” Bulchandani explained. The developer prides itself on maintaining high standards of luxury and craftsmanship.
Currently, Sunrise Capital manages projects valued at over AED 120 million. Among these projects, a super luxury villa worth AED 65 million is due for completion in October 2024. Another luxury villa, with an investment of AED 70 million, aims for completion by June 2025.
STRATEGIC GROWTH AND DIVERSIFICATION
Sunrise Capital plans to take a steady approach to its expansion. “For the next five years, our focus will be real estate. We want to make Sunrise Capital the top name in the industry,” said Bulchandani. The company will expand into other sectors after its success in real estate. But, these new sectors are not yet decided.
"The company’s focus will be the residential sector", expressed Bulchandani. These include luxury villas and apartments. Yet going forward, the company also plans to invest in the commercial real estate sector.
PARTNERSHIPS FOR FASTER GROWTH IN REAL ESTATE
Sunrise Capital wants to grow faster through partnerships. The company is eager to form alliances to become a top player in real estate. Bulchandani highlighted their openness to such partnerships. He believes these collaborations can drive growth and spark innovation. The company sees effective collaborations as a key strategy to reach its goals.
PREDICTING A STRONG FUTURE IN DUBAI'S REAL ESTATE MARKET
Sunrise Capital plans to expand because it believes in Dubai’s strong real estate market. Bulchandani sees great potential in Dubai and the UAE's real estate market. He believes they can attract more strategic investments with high demand and new premium projects driving this growth.
The UAE's real estate market is showing a balance between supply, and demand. Sensible regulatory policies are supporting this healthy market dynamic. This balance is "creating a sustainable environment with promising opportunities," Bulchandani said. He expects property prices to rise over the next six months, driven by a surge in off-plan investments.
SUPPORTING DUBAI'S ECONOMIC AGENDA
Bulchandani is optimistic about Dubai’s economic future. He believes the current market conditions support Dubai’s Economic Agenda D33. This agenda aims to double the city's economic growth and make it one of the top three urban economies in the world by 2033. “For those of us in the property sector, this is all very encouraging,” he said
NO IMMEDIATE PLANS FOR INDIA
The company is exploring different expansion opportunities. Yet, it does not plan to start real estate projects in India soon. Bulchandani said the company is currently focused on Dubai and the wider UAE market.
A STRONG FUTURE WAITS FOR SUNRISE CAPITAL
Sunrise Capital is making bold moves in Dubai’s luxury real estate market. With a focus on luxury villas and apartments, the company aims to set new standards of excellence. Its strategic approach to growth, including potential partnerships and market diversification, presents a bright future. So, as Dubai’s real estate market continues to thrive, Sunrise Capital is positioning itself as a key player. The company is in an ideal spot to seize new opportunities.
