Acube inaugurates its real estate development division in Dubai.
ACUBE Real Estate Development makes a grand entrance into Dubai's thriving real estate sector, commencing with the groundbreaking ceremony for its inaugural luxury residential project, Adhara Star. This 17-storey luxury residential tower in Arjan marks the first of several planned developments within the next three years. Anticipated for handover by Q1 2025, Adhara Star will boast 113 fully furnished luxury units, ranging from 1 to 3 bedrooms, alongside retail spaces.
ACUBE, a newly established subsidiary of ACUBE SFO DMCC, a single-family-owned conglomerate with over two decades of global commercial and residential development experience, including substantial construction projects across the GCC. ACUBE is on a trajectory to develop and sell one million square feet of residential property in Dubai by 2025, with the Adhara Star tower as the first of two developments announced in 2023.
Ramjee Iyer, Chairman and Managing Director of ACUBE Real Estate Development, stated, "Our mission is to create extraordinary living spaces that transcend conventional norms, enrich lives, and redefine modern living. Fueled by innovation and guided by sustainable principles, we are devoted to crafting developments that mirror our steadfast commitment to excellence and integrity."
ACUBE's management team brings more than two decades of real estate investment and construction expertise from Europe, India, and the Middle East, possessing profound insights into global real estate dynamics and a compelling vision for their role in Dubai's ongoing transformation toward smarter, more sustainable developments.
Located in Arjan – Al Barsha South, Adhara Star is ACUBE's debut tower and epitomizes the company's dedication to style, quality, and affordability. This 17-storey tower, compliant with vastu principles, offers fully furnished units featuring the finest materials and fixtures, including premium porcelain and ceramic tiling, Bosch appliances, and Roca sanitary ware in the bathrooms. Adhara Star provides residents with a comprehensive array of community amenities, including pools, a basketball court, paddle tennis court, jogging track, indoor and outdoor gyms, sauna, jacuzzi, steam room, yoga studio, BBQ area, kids' playground, and a Japanese garden.
Pricing for 1-bedroom units starts at Dh999,000, 2-bedroom units at Dh1.3 million, and 3-bedroom units at Dh1.7 million.
"As Dubai's growth momentum and its reputation as one of the happiest, safest cities in the world continue to attract global property buyers, we anticipate sustained demand for high-quality, well-constructed residential units. This offers us the opportunity to showcase our capabilities and contribute to Dubai's urban evolution by creating spaces that embody luxury, functionality, and elegance," added Iyer.
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