QUBE Development unveils a AED 2.6 billion property portfolio in Dubai, set to transform the real estate landscape by Q4 2025
QUBE Development, a renowned international real estate developer with 30 years of experience, has entered the thriving UAE market with a commitment to setting new benchmarks in sustainable and high-quality developments. In Dubai, QUBE Development covers a total GFA of 2,291,946 sq ft. Aiming to cater to the Emirate’s growing real estate sector by launching a range of upcoming projects, QUBE Development will introduce AED 2.6 billion worth of inventory into the market by the end of 2025.
The developer strives to create the foundation of generational wealth for its investors and customers by creating exceptional communities. Its mission is to ensure every space developed adds value to customers and the world they inhabit. With a strong focus on durability, reliability, sustainability, and exceptional quality, QUBE Development honours its commitment by leveraging collaborations with world-renowned architects for all its projects. In partnership with its local contractor, QUBE Development ensures meticulous attention to design and construction.
QUBE Development has demonstrated its agility in the market by strategically acquiring a significant land portfolio in Dubai, currently totalling 623,354 sq ft, and continues to expand its holdings across the UAE. This proactive approach allows us to swiftly adapt to market demands and cater to the evolving needs of our customers.
Leveraging the global legacy and expertise of our parent company, we are well-positioned to consistently deliver exceptional properties that uphold the highest standards of excellence and reinforce the benchmarks in the UAE real estate sector.
Egor Molchanov, CEO of QUBE Development, commented: “At QUBE, we are thrilled to begin our journey in the UAE, leveraging our proven track record with local talent. We are committed to the excellence of the UAE’s real estate market and look forward to contributing to its prosperity with numerous upcoming projects across Dubai and the UAE.”
In 2024, the registered sales transactions in Dubai in the first quarter alone reached 35,310, the highest total achieved in one quarter of the year and a 20.5% increase from 2023. Off-plan property transactions are the major contributor to this growth, rising by 23.9% over this period, according to leading global real estate services company Coldwell Banker Richard Ellis (CBRE).
This figure is expected to grow over 2024, demonstrating the city’s stability and popularity as a top global destination. This trend highlights the continuously growing interest of international investors in the UAE market and the increasing desire of residents and expatriates to invest in residential or commercial properties.
With a commitment to sustainable design and community engagement, QUBE Development aims to make a positive and lasting impact by enhancing the quality of life for all residents through its future developments. By contributing to the community’s well-being and encouraging a healthier, happier tomorrow for everyone, the company looks forward to continuing its efforts in building communities and fostering a strong sense of connection among UAE residents.