Shapoorji Pallonji Delivers First Overseas Residential Project in Dubai

Dubai, UAE – July 16, 2025 - India’s 158‑year‑old real estate and construction powerhouse Shapoorji Pallonji has officially completed its first international residential development, Imperial Avenue, located in Downtown Dubai. The 45‑storey tower has secured its Building Completion Certificate from RERA, marking a historic milestone for the group as it expands beyond India.

Luxury meets sustainability

Imperial Avenue features panoramic views of the Burj Khalifa and Dubai Canal, a grand 10,000 sq ft entrance lobby, infinity pools, a state‑of‑the‑art fitness centre, and recreation zones. The development also incorporates sustainable elements such as solar panels and a grey‑water treatment system.

Handover underway

With RERA’s completion certificate in hand, Shapoorji Pallonji is actively hosting homeowners for final property inspections and handovers. The project was backed by AED 1.4 billion in investment, including contributions from London‑based Hayfin Capital and the UAE’s Commercial Bank International. This strategic move reinforces Dubai’s appeal to international developers.

A statement of intent

Cyrus Engineer, SP International Property Developers, emphasised the symbolic importance of Imperial Avenue:

“Imperial Avenue is more than a luxury tower; it’s a statement of intent. By combining our Indian engineering legacy with Dubai’s futuristic standards, we aren’t just handing over apartments but delivering a sustainable, tech-enabled lifestyle in the heart of Dubai's most prestigious address.” He further added: “Dubai’s ambition mirrors our own , to create iconic, sustainable landmarks. Downtown’s dynamism offered the perfect stage to debut our international residential expertise.”

High ROI and global buyer demand

Shapoorji Pallonji’s entry into Downtown Dubai aligns with demand from over 60 nationalities. The locale has historically delivered 8–12 % ROI on luxury property investments, justifying SP’s confidence in its future‑focused blueprint.

As Imperial Avenue transitions from construction to habitation, attention will turn to handovers and the integration of its luxury and sustainability features. This debut marks the beginning of Shapoorji Pallonji’s expansion into global luxury markets and cements its role in elevating Dubai’s residential skyline.