FROM AED 1,026,062 ($279,400)
Karma Developers has gained recognition as a leading real estate developer with a strong presence in Dubai, the UK, Cyprus, and other international markets such as Canada, Australia, Romania, and India. The company has been operating for over 30 years, focusing on delivering luxury residential and commercial properties by Karma Developers that embody quality, sustainability, and customer satisfaction. Headquartered in Dubai’s Business Bay, Karma Developers is led by CEO Shahzad Narain Saxena, who has positioned the company as a significant player in the UAE’s real estate landscape, particularly for property in Dubai.
Karma Developers aims to set benchmarks in the real estate industry by offering innovative designs, high-quality construction, and exceptional customer service. Their vision is to create iconic developments that stand the test of time, becoming landmarks in their regions. The company focuses on providing value-driven solutions, emphasizing sustainability and customer satisfaction in all its projects.
The company is led by CEO Shahzad Narain Saxena, who plays a pivotal role in shaping Karma’s strategic direction. Under his leadership, Karma has partnered with global players like Deca Properties, further enhancing its footprint in the UAE's competitive real estate market. This collaboration has allowed Karma to expand its offerings and continue developing premium properties by Karma Developers across Dubai.
Karma Developers’ portfolio includes high-end residential and commercial projects like the Beach House on Palm Jumeirah, which is their flagship development in Dubai. This beachfront property offers unparalleled views of the Arabian Gulf and iconic landmarks such as the Burj Al Arab. Other notable projects include Olivia Residences at Dubai Investment Park and several upcoming developments at Arjan and Dubailand Residence Complex (DLRC), which are designed to provide a luxurious lifestyle for discerning buyers looking for apartments by Karma Developers.
In Dubai, Karma Developers is renowned for creating premium living spaces that cater to various lifestyle needs. Their projects include luxury apartments and commercial spaces integrated with state-of-the-art amenities like fitness centers, private beach access, and expansive landscaped gardens.
Karma Developers reported a strong financial performance in 2023, with a project pipeline valued at AED 1.3 billion (about $354 million). The company continues to expand its portfolio with ongoing developments, such as new residential projects planned at Dubailand Residence Complex (DLRC) and Arjan. These projects will feature more than 484 residential units, supported by retail and community facilities, aimed at enhancing the quality of living for residents seeking property by Karma Developers in these prime locations.
Karma Developers has received multiple accolades, showcasing their excellence in real estate development. Notable awards include the Most Promising Delivery at the ET Now Real Estate Awards and the Builder of the Year award at the BAM Real Best Awards. The developer has also been recognized as one of the Best Real Estate Developers in Dubai, UK, and Cyprus, reflecting its success and reputation across multiple markets. These awards highlight the company’s consistent focus on quality, integrity, and customer satisfaction for property in Dubai and beyond.
Karma Developers’ ongoing commitment to sustainability and architectural excellence continues to elevate its status as a leading developer in Dubai, providing high-quality apartments by Karma Developers that attract both local and international investors.
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24/02/2024
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UAE, Dubai, Palm Jumeirah,
Golden Mile Eight, Office №12
UAE, Dubai, Palm Jumeirah, Golden Mile Eight, Office №12