Acube enters Dubai market with Adhara Star
January 29, 2024 | Me Construction NewsTwo decades of development expertise will drive a new series of luxury towers and place a high premium on sustainability
Acube Real Estate Development has announced its entry into Dubai’s property market with the launch of Adhara Star, a 17-storey luxury tower, the first of several luxury residential developments being planned within the next three years.
The firm is a new subsidiary of Acube SFO DMCC, a single-family owned group of companies, with over 20 years’ global commercial and residential development expertise, including major construction projects throughout the GCC. Acube is on a forward trajectory to develop and sell one million sqft of residential property in Dubai by 2025, with Adhara Star tower being the first of two developments being announced in 2023.
Ramjee Iyer, Chairman and Managing Director of Acube Real Estate Development said, “Our mission is to create exceptional living spaces that transcend the ordinary, enrich lives and reshape the concept of modern living, infused with innovation and guided by sustainable practices; we are dedicated to crafting developments that mirror our unwavering commitment to excellence and integrity. We have a deep understanding of global real estate dynamics along with a strong vision for our role in Dubai’s continued transformation towards better, smarter, more sustainable developments.”
The group’s debut project, Adhara Star, comprises 113 fully furnished luxury one-, two- and three-bedroom units and retail spaces, is set for handover by Q1 2025. Located within the Arjan community – Al Barsha South, it will be the developer’s first tower and epitomise the group’s commitment to style, quality, and affordability.
“The 17-storey vastu-compliant tower offers fully furnished units with the finest materials and fixtures including high quality porcelain and ceramic tiling, Bosch whitegoods, as well as Roca sanitary ware for the bathrooms. Adhara Star offers residents all the amenities of community living, with dedicated facilities including pools, basketball court, padel tennis court, jogging track, indoor and outdoor gyms, sauna, jacuzzi, steam room, yoga room, BBQ, kids’ playground, and a Japanese garden,” added Iyer.
He concluded, “As Dubai’s growth momentum and its appeal as one of the happiest, safest cities in the world continues to attract global property buyers, we will see demand for high-quality, well-built residential units remain high. This gives us the opportunity to demonstrate our capability and to amplify Dubai’s urban evolution through the creation of spaces that reflect the essence of luxury, functionality, and elegance.”