Emerging Developer of the Month for September 2024: Ahmadyar Developments
Each month, we highlight the property developers in the UAE who have shown massive leaps in growth and innovation with our Emerging Developer of the Month series. This month, we will take a closer look at Ahmadyar Developments. They have made waves in the news recently since the announcement of their first project in Dubai, Palatium Residences. Let’s learn about this new player in the market.
About Ahmadyar Developments
Ahmadyar Developments traces back to humble beginnings in petroleum trading in Kabul, Afghanistan from 1992. In 2004, Ahmyadyar Group was formed, running various different verticals including fuel and gas distribution, transportation, logistics and cargo, ready-mix concrete production and property development in Afghanistan. Today, they have a global presence in the UAE, Saudi Arabia, Turkey, Turkmenistan, Kazakhstan and the UK.
Ahmadyar Developments aims to create luxury properties and communities in Dubai, offering high-end lifestyles to its residents. Combined with high returns on investment, the company aims to offer a lucrative property investment opportunity for investors.
They have three completed properties in Kabul, Afghanistan: Ahmadyar Plaza, Ahmadyar Center and Ahmadyar Tower. They have just launched their first real estate project in Dubai, Palatium Residences.
Palatium Residences in JVC
Palatium Residences is Ahmadyar Development’s first development in Dubai. This 17-storey building is located in Jumeirah Village Circle and features a mix of studio, one, two and three-bedroom apartments. Alternatively, it also has one bedroom with a study room and 3-bedroom terrace apartments.
Jumeirah Village Circle has become a popular neighbourhood amongst families for its excellent location and proximity to malls, parks, schools and hospitals. This is why Palatium by Ahmadyar aligns perfectly with this location by offering amenities including a swimming pool, fitness centre, EV charging centre and smart home automation in each unit.
Palatium Residences are offering a payment plan of 10% upon booking, 50% during construction and 40% after handover. Prices start from AED 599k.
Frequently Asked Questions
What is Palatium Residences’ completion date?
Palatium Residences is expected to be completed by 2026. Construction began in June this year.
Who is the CEO of Ahmadyar Developments?
The CEO and Founder of Ahmadyar Developments is Tavakal Ahmadyar.
How can I get in touch with Ahmadyar Developments?
You can contact the Ahmadyar Developments team at +971-4-297-1500 and info@ahmadyardevelopments.com
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