Dugasta Properties Sets New Standard with AED 1 Billion Projects
Portfolio | Feb 15, 2025 | Zawya
Dugasta Properties, a prominent player in Dubai's real estate sector, has announced the launch of four new residential projects with a combined value exceeding AED 1 billion. This initiative, including Teraa Tower, Moonsa 2 Residences, and two Al Haseen Residences, underscores Dugasta's commitment to innovation and luxury. Central to this effort is the Vision 10 on 10 initiative – a groundbreaking offer providing investors with a 10% annual return for 10 years, zero service charges, and a full buyback option. This new model aims to redefine real estate investment in the UAE by emphasizing investor security and growth, setting a fresh benchmark in the arena. The projects illustrate Dugasta's strategic coupling of luxury and cultural elements, as highlighted by Indian cinema star Sonu Sood, their new brand ambassador. With a portfolio currently valued at AED 1.5 billion and plans for rapid expansion, Dugasta continues to capitalize on lucrative investment opportunities, reinforcing its status as a key industry leader in Dubai.
Sectors
- Real Estate
- Investment
- Luxury Goods
Geography
- United Arab Emirates – The article is focused on real estate developments in Dubai, UAE, managed by Dugasta Properties, a prominent figure in the region.
Industry
- Real Estate – The article discusses Dugasta Properties' new residential projects and investment initiatives, which are central to the real estate industry.
- Investment – Dugasta's Vision 10 on 10 initiative focuses on providing a lucrative investment opportunity in real estate, offering guaranteed returns and buyback options.
- Luxury Goods – The projects emphasize luxury living and modern amenities, appealing to high-end investors and lifestyle seekers.
Financials
- AED 1,000,000,000+ – Combined value of the four new residential projects launched by Dugasta Properties.
- AED 1,500,000,000 – Current value of Dugasta Properties' managed portfolio, with expectations to expand by an additional AED 2 billion.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Dugasta Properties | Developer | Company | A leader in Dubai's real estate sector with a mission to blend affordability with luxury, launching projects exceeding AED 1 billion in value. |
| Tauseef Khan | Founder and Chairman | Person | Founder and Chairman of Dugasta Properties, responsible for implementing the Vision 10 on 10 framework. |
| Sonu Sood | Brand Ambassador | Person | A Bollywood superstar acting as the brand ambassador for Dugasta Properties' latest projects. |
| Azaan Khan | CEO | Person | CEO of Dugasta Properties, overseeing the strategic direction and growth of the company's portfolio. |
| Naren Vish | Marketing Director | Person | Marketing Director at Dugasta Properties, focusing on creating high-return investment opportunities. |