Sunteck Realty Ltd., one of India’s most distinguished and disruptive luxury real estate developers, publicly listed (BSE/NSE), today announced its entry into the UAE with the launch of Sunteck International, headquartered in Dubai. Marking a bold shift in how ultra-luxury real estate is introduced in the region, the Group unveiled the prime location for its inaugural Downtown Dubai development, one of the area’s most-awaited land parcels setting the stage for a new era of location-first, design-led luxury in the UAE.

Sunteck International will drive the Group’s global expansion strategy, built on two decades of pioneering design-led innovation, debt-free financial discipline, and a portfolio of over 50 million sq. ft. across Mumbai, one of Asia’s most demanding urban markets. The flagship Downtown Dubai project, estimated at AED 5 billion GDV, will introduce a contemporary design language shaped by craftsmanship, architectural innovation, and an uncompromising interpretation of ultra-luxury living.

At an exclusive reveal with a 1000-drones show, Sunteck International showcased the prime Downtown Dubai site, located just steps from the Burj Khalifa and The Dubai Mall. By choosing to unveil the land-first, unlike the market norm where projects are showcased, Sunteck International intends to let the location speak for itself. This approach reflects the developer’s conviction that extraordinary locations deserve to be experienced in their purest form before design narratives are layered onto them.

In a market where launches typically centre around fully envisioned towers, elaborate masterplans, and rendered skylines, Sunteck International’s plot-first reveal stands apart. It affirms the Group’s absolute confidence in the exclusivity and long-term value of the last available development opportunity in Downtown Dubai. This moment aptly marks a milestone for the Mumbai real estate powerhouse as it begins its international journey in a city recognized globally for shaping the future of luxury living.

“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. Few cities have demonstrated such a decisive, sustained rise in luxury real estate. 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.” said Mr. Kamal Khetan, Chairman & Managing Director, Sunteck Realty Ltd.

UAE continues to lead the global list of Millionaire Migration, with a net flow of over 9800 millionaires moving to the country in 2025, according to Henley & Partners. Sunteck’s entry coincides with this momentum, serving a discerning clientele, who are increasingly seeking homes defined by timelessness, privacy, and design-led innovation.

He further 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”.

To bring this vision to life, Sunteck International has joined hands with MAS Development as its strategic development partner. In addition, Sunteck International has partnered with globally renowned firms such as HBA London for interior direction and JT+Partners for architectural strategy and design. The project will also feature branded residences in collaboration with leading global hospitality brands, with further details to be announced in the coming weeks.

In alignment with UAE Vision 2031 and the Dubai 2040 Urban Plan, both of which underscore the region’s commitment to future-forward infrastructure, Sunteck International announced planned developments of over AED 15 billion worth of projects in the country within the next three years, reinforcing its long-term commitment to the UAE. Several multi-billion-dirham projects are currently under evaluation, with key announcements expected in H1 2026.

Sunteck Realty Ltd. is recognised as one of India’s most financially robust and quality-driven developers, backed by triple ISO certifications and a disciplined financial framework, including a Net Debt-to-Equity ratio of 0.04x and a AA long-term credit rating. Sunteck International will bring this same unwavering commitment to transparency, quality, and design excellence to the UAE market.

IKEA UAE, operated by Al-Futtaim, is bringing the holiday season to life with festive collections, playful family ranges and practical kitchen solutions designed to help customers host, play and create meaningful moments at home. Through a transformed IKEA Café experience at Festival Plaza, Jebel Ali, and hands-on workshops, IKEA is celebrating hosting imaginative play and the full journey from cooking to eating.

IKEA’s intent is “Here to be part of your story”, being present where life happens with products, services and inspiration for everyday needs. This vision will be brought to life year-round, connecting with people during meaningful occasions such as Ramadan, National Day and Mother’s Day through collaborations, immersive in-store experiences and community events. IKEA empowers customers to plan, host, play, and live more sustainably, creating homes that reflect their unique lives, values, and aspirations.

For the festive season, IKEA’s VINTERFINT, STRÅLA and VINTERSAGA ranges turn homes into the season’s greatest gift. From warm lighting and decorations to tableware and textiles, customers can dress their homes in styles that feel timeless, understated or boldly joyful. This year’s value is further strengthened with Price Lowered across select festive décor, family ranges and kitchen essentials – making seasonal upgrades even more accessible to the many.

The season also highlights playful design through content from IKEA’s collaboration with Swedish designer Gustaf Westman, bringing character and warmth to everyday spaces while keeping them practical and functional.

Complementing these in-store experiences, the Globally Local campaign is live across the region, launched in Oman and set to unfold in the UAE, showcasing how IKEA design becomes a canvas for local stories through artist-led reimaginings.

Carla Klumpenaar, GM Marketing, Communications and Interior Design, IKEA UAE, Qatar, Egypt and Oman, commented: “Home is where everyday life unfolds: from gatherings and celebrations to playful moments and daily routines. This season’s festive ranges and family collections are designed to support those moments, setting a welcoming tone and making cooking and hosting easier with well‑planned kitchen solutions. As a brand for the many, IKEA’s democratic design brings quality, function, style and sustainability together at prices within reach. Diverse as they are, these collections share a common purpose, and that is empowering customers to shape homes that reflect their lives, values and aspirations.”

Families can explore the savannah at home with SANDLÖPARE, a new play-led collection cocreated with Nordens Ark, the Swedish wildlife conservatory. Designed to inspire learning and care for endangered animals through play and storytelling, SANDLÖPARE sits alongside customer favourites DJUNGELSKOG (wildlife-inspired soft toys and textiles) and JÄTTELIK (dinosaur soft toys) and includes engaging educational content such as a facts book and donation materials, so families can turn inspiration into action.

IKEA also welcomes Lunar New Year with FÖSSTA, a joyful collection of festive red lanterns, timeless tableware and playful textiles that make gathering effortless, whether for intimate dinners or full family celebrations. The range blends tradition with modern ease, helping customers prepare, host and enjoy seamlessly.

At the heart of the holiday season is the kitchen – where cooking, eating and connection come together. IKEA’s approach caters to the entire cycle, making the dream kitchen feel achievable for every home, regardless of space or budget. The METOD kitchen system with MAXIMERA drawers provides modular, soft-close storage and durable function, while KNOXHULT is a ready-to-assemble, pre-configured kitchen series that simplifies setup for first homes and compact spaces.

James McGowan, GM Commercial Areas for IKEA in the UAE, Qatar, Egypt and Oman, said: “Cooking and eating anchor everyday life. The aim is to make that journey smoother, through efficient storage, time-saving layouts and performant tools, so the dream kitchen feels possible in any space and budget. Guided by democratic design, the range balances quality, function and price, while clearer services – including Online Service Booking and defined warranties, give customers confidence from planning to installation.”

Affordability sits at the heart of the season, bringing better living within reach for more homes without compromising design or quality. Through the Price Lowered initiative, IKEA is introducing targeted reductions across the cooking and eating journey while staying true to democratic design: quality, function and style at a low price. And to simplify planning, Online Service Booking for kitchen projects is now live in the UAE, with Qatar, Oman and Egypt to follow. Customers can upload measurements and photos, schedule appointments and track progress online, reducing bottlenecks and accelerating the path from first click to installation.

Liwan Real Estate Development, one of Riyadh’s leading mixed-use property developers, concluded its participation at Cityscape Global 2025 as a Platinum Sponsor, after announcing two strategic partnerships that signal the next phase of its evolution as a developer of human-centric, mixed-use developments supporting the capital’s urban transformation.

During the four-day event at the Riyadh Exhibition & Convention Centre (Malham), Liwan signed memorandums of understanding (MoUs) with Unified Asset Property Management (UAPM) and STAY, two industry leaders whose expertise will underpin the delivery of Livein Liwan into a flagship mixed-use community. Upon completion, Livein Liwan will encompass 616 units – 470 of which are residential – bringing together residential, commercial, office, and leisure space in a holistic development that blends Salmani design with modern convenience in the heart of Riyadh.

Liwan’s collaboration with Unified, one of the Kingdom’s major retail facilities managers with over 5 million sqm under management, will enhance Livein Liwan’s ample, walkable spaces with curated lifestyle amenities that add leisure and convenience to daily life for residents and visitors alike.

The company’s partnership with STAY on Livein Liwan represents a major step toward establishing high-standard, long-term leasing models for serviced apartments in Building B3. STAY brings proven operational expertise and strong tenant-market performance, in addition to round-the-clock maintenance services, smart-home technologies, and other leading solutions that ensure the highest levels of operational excellence.

“In addition to serving as a platform to demonstrate our bold vision for human-centered, multiuse community living in the Saudi capital, there is no better venue than Cityscape Global 2025 to announce the strategic partnerships helping us see our vision through to fruition,” said Abdulrahman bin Saud Aldhyem, CEO of Liwan Real Estate Development. “Thanks to partnerships like these, Liwan is en route to delivering one of Riyadh’s most exciting developments.”

Further underpinning meaningful progress on Livein Liwan, it was also announced that the development has reached 50% overall completion, with 100% of structural works built, finishing works underway, and 4 million safe working hours logged. The project remains on track for its Q4 2026 completion, when it will welcome residents to a fully integrated community, offering residential, retail, and hospitality.

As seen at Cityscape Global 2025, Liwan is rapidly advancing to the next phase of project execution by turning the next generation of mixed-use urban communities from concepts into living ecosystems.

Reflecting Vision 2030’s goals, Liwan continues to champion a model of urban development that blends innovation, design excellence, and community value creation. With more than 3,000 residential units currently under development and a target of 10,000 units by 2030, Liwan is helping drive Riyadh’s transformation into one of the region’s most livable cities, in-line with the social and economic goals of Vision 2030.

Through its participation at Cityscape Global 2025 and beyond, Liwan continues to engage with investors, partners, and industry leaders to explore new opportunities and share ideas that will shape the future of real estate in Riyadh and Saudi Arabia. One of these was the announcement of the launch of its Liwan Najd development, a 2,500-unit mixed-use project in Granada District, which has now reached the design concept stage.