Qube Development, an international real estate developer with 30 years of experience, is making a significant entrance into the UAE market. The company plans to inject AED2.6 billion ($680.6 million) worth of real estate inventory into the Dubai market by the end of 2025. The developments will cover a total gross floor area (GFA) of 2,291,946 sq ft and emphasize durability, reliability, sustainability, and high quality. Qube Development collaborates with world-renowned architects and ensures attention to design and construction with its local contractor. The company has acquired 623,354 sq ft of land in Dubai and continues to expand its holdings across the UAE. CEO Egor Molchanov expressed the company’s commitment to contributing to the UAE’s real estate market. According to Coldwell Banker Richard Ellis (CBRE), Dubai registered its highest-ever first-quarter sales transactions in 2024, signaling strong market growth. This trend indicates increasing investment interest from global investors and residents alike.

Real Estate Development, Sustainable Construction, Global Investment,United Arab Emirates, Dubai

https://www.zawya.com/en/business/real-estate/qube-development-plans-680mln-property-portfolio-in-dubai-fcwdetww