Dubai, UAE —
In a landmark moment for Indian real estate, Shapoorji Pallonji, one of India’s oldest and most prestigious real estate and construction firms with a 158-year legacy, has successfully delivered its first-ever international residential development — Imperial Avenue, located in the heart of Downtown Dubai.
Soaring 45 storeys high and offering breathtaking views of the Burj Khalifa and Dubai Canal, Imperial Avenue is more than a residence — it’s a lifestyle destination. The project features a 10,000 sq. ft. grand entrance lobby, infinity pools, a cutting-edge fitness center, and recreational zones, all complemented by sustainable technologies such as solar panels and greywater recycling systems. With the Building Completion Certificate from Dubai’s Real Estate Regulatory Authority (RERA) in place, the handover process to homeowners is now underway.
Backed by AED 1.4 billion in investments, including support from London-based Hayfin Capital and Commercial Bank International (UAE), the development signals Shapoorji Pallonji’s strong commitment to Dubai’s thriving real estate sector.
“Imperial Avenue isn’t just a luxury tower — it’s our vision brought to life,” said Mr. Cyrus Engineer, Head of SP International Property Developers. “By fusing our rich Indian engineering heritage with Dubai’s futuristic standards, we are delivering not just homes, but a sustainable, tech-integrated lifestyle in one of the world’s most prestigious urban addresses.”
Strategic Expansion with Global Vision
Dubai was a natural choice for Shapoorji Pallonji’s international debut. Known as a global hub for luxury living, Downtown Dubai offers consistent returns of 8–12% ROI for upscale properties, making it a prime location for international investment. The project caters to growing demand from global buyers — with interest from over 60 nationalities — for larger, smarter, and more luxurious living spaces.
Offering a refined collection of 1 to 5-bedroom apartments, penthouses, and private podium villas with pools, Imperial Avenue is designed to meet the evolving needs of discerning buyers who seek both space and sophistication.
With projected sales nearing AED 2 billion, the project stands as a cornerstone of Shapoorji Pallonji’s global transformation, reinforcing its emergence as a key player in the UAE’s luxury real estate landscape.
