In a landmark step beyond its home market, 158‑year‑old Indian construction and real‑estate powerhouse Shapoorji Pallonji has delivered its first international residential venture, Imperial Avenue in Downtown Dubai. The 45‑storey tower—framed by sweeping views of Burj Khalifa and the Dubai Canal—ushers the group into Dubai’s luxury‑property arena.
Imperial Avenue welcomes residents with a 10,000‑square‑foot grand lobby and features infinity pools, a cutting‑edge fitness centre, and multiple leisure decks, all underscored by sustainable touches such as rooftop solar panels and grey‑water recycling. With its Building Completion Certificate now secured from Dubai’s Real Estate Regulatory Authority (RERA), Shapoorji Pallonji is inviting homeowners for inspections and handovers.
The AED 1.4 billion project—financed in part by London‑based Hayfin Capital and the UAE’s Commercial Bank International—underscores Dubai’s draw for global developers. “Imperial Avenue is more than a high‑rise; it signals our intent to pair India’s engineering heritage with Dubai’s forward‑looking standards,”said Cyrus Engineer, of SP International Property Developers. “We’re delivering a sustainable, tech‑enabled lifestyle in the city’s most coveted neighbourhood.”
Dubai was an obvious choice for the company’s first overseas project, thanks to Downtown’s proven 8–12% ROI for luxury homes and enduring demand from international buyers. “The emirate’s ambitions align with ours—creating iconic, sustainable landmarks,” Mr Engineer added.
Imperial Avenue has attracted purchasers from more than 60 nationalities and offers a selection of one‑ to five‑bedroom apartments, penthouses, and podium villas with private pools—designed for buyers seeking larger, high‑spec homes with smart features and hotel‑style amenities. Anticipated sales of roughly AED 2 billion underscore the development’s significance and cement Shapoorji Pallonji’s status as an emerging global luxury developer amid Dubai’s real‑estate renaissance.
About Shapoorji Pallonji
Founded in 1865, Shapoorji Pallonji and Company Pvt Ltd is a diversified conglomerate active in engineering and construction, infrastructure, real estate, water, energy, and financial services. With more than 70,000 employees operating across 70 countries, the firm focuses on megaprojects, iconic landmarks, and pioneering technologies in sustainable sectors.
About Imperial Avenue
Rising 45 floors with 424 residences and five levels of parking, Imperial Avenue presents one‑ to four‑bedroom apartments, four‑ and five‑bedroom penthouses, plus three‑ to five‑bedroom villas with private pools on podium levels. Each home features modular kitchens, designer bathrooms, and expansive private decks—delivering elevated living in the heart of Downtown Dubai.