Sunrise Capital, a rising developer in Dubai, plans to expand across the UAE with a significant portfolio of luxury villas and apartment projects, according to its CEO.
The company, backed by an Indian-origin group, is set to launch its first mixed residential and commercial project in October—a AED400 million development in Dubai’s Wasl Gate area.
Luxury and craftsmanship in Dubai real estate
“Our current focus is on Dubai, but we are definitely exploring expansion across the UAE and beyond,” said Yogesh Bulchandani, Founder of Sunrise Capital, in an interview with Arabian Business.
“We intend to expand on our existing investment strategy, which focuses on a few luxury villas and high-end projects,” he added.
However, Bulchandani did not disclose specifics about the investments planned for the proposed expansions.
He also mentioned the company’s intentions to develop a luxury commercial tower.
The developer is currently overseeing projects with a combined value of over AED120 million. Among these is a super luxury villa worth around AED65 million, expected to be completed by October this year. Another luxury villa, with a budget of AED70 million, is slated for completion by June 2025.
Both projects are progressing well, reflecting the highest standards of luxury and craftsmanship, according to Bulchandani.
Sunrise to diversify into sectors beyond real estate
The Sunrise Capital founder emphasized that the company will take a careful, strategic approach to investments to ensure it upholds its reputation for quality and punctuality.
“For the next five years, our primary focus will remain on real estate. We aim to make Sunrise Capital the leading name in the industry,” he stated.
Bulchandani indicated that once the company solidifies its position in the market, it will expand into other sectors.
However, he did not specify which sectors the company plans to diversify into.
Bulchandani noted that while the company will focus primarily on the residential sector, it will also undertake commercial projects.
“We plan to invest in a variety of residential properties, including villas, as well as commercial projects. Moving forward, our portfolio will be quite diversified,” he said.
Open to partnerships for accelerated growth
Bulchandani mentioned that the company is open to forming partnerships as a strategy to achieve its goal of becoming a leading player in the real estate sector.
“We are always open to exploring strategic partnerships that align with our vision and goals, as collaborations can be a powerful means of driving growth and innovation in the real estate industry,” he said.
