Landmark AED 350 Million Land Deal Set to Reshape Dubai’s Sheikh Zayed Road Skyline
Pride and Property Leads Another Mega Real Estate Transaction
Dubai continues to set global benchmarks in luxury real estate investment. In one of the largest land transactions of 2024, Pride and Property LLC, a boutique real estate firm based in the UAE, has successfully closed an AED 350 million land deal for a high-end tower development along Sheikh Zayed Road (SZR) — the city’s most iconic business corridor.
This landmark deal not only reaffirms Dubai’s dominance in the global property market, but also underscores the growing demand for luxury high-rise developments in the city’s central business district.
A New Jewel in Dubai’s Skyline
The upcoming luxury tower will soon become a defining feature of Sheikh Zayed Road’s skyline, adding to its collection of architectural marvels. The site offers panoramic views of both the Arabian Sea and Dubai’s glittering urban landscape, making it one of the most desirable real estate locations in the UAE.
Industry experts describe this transaction as a transformative deal that will reshape Dubai’s prime real estate segment, attracting more global investors to the city’s commercial and residential high-rise developments.
Pride and Property: The Powerhouse Behind the Deal
The AED 350 million transaction was spearheaded by Nitin Chauhan and Kunal Singh Sandhu, partners at Pride and Property LLC. Together, they bring over a decade of combined expertise in luxury real estate, off-plan investments, land acquisitions, and high-value portfolio management.
This deal follows their earlier success — a record-breaking AED 300 million villa plot transaction in Jumeirah Golf Estates, one of Dubai’s most prestigious golf course communities.
With a growing list of landmark sales across Dubai, Pride and Property has solidified its position as one of the most trusted boutique real estate advisory firms catering to High-Net-Worth Individuals (HNWIs) and Ultra-High-Net-Worth Investors (UHNWIs) looking to capitalize on Dubai’s premium property market.
“This Project Embodies the Pinnacle of Luxury Living” – Nitin Chauhan
Commenting on the project’s significance, Nitin Chauhan, Partner at Pride and Property, emphasized the project’s prime location and luxury appeal:
“This project embodies the pinnacle of luxury living on Sheikh Zayed Road. Its unparalleled location, offering stunning views of both Sheikh Zayed Road and the sea, naturally attracted interest from top-tier developers. The upcoming luxury tower will redefine Dubai’s skyline and showcase the continued confidence investors have in Dubai’s thriving real estate market.”
Nitin Chauhan has been a key figure in Dubai’s real estate sector since the early days of freehold property ownership. His expertise spans land transactions, development structuring, and feasibility analysis — making him one of the most respected professionals in the UAE’s real estate landscape.
“The Best Is Yet to Come” – Kunal Singh Sandhu
Adding to the success story, Kunal Singh Sandhu, Co-Founder and Managing Partner of Pride and Property, credited his team for their role in completing this complex, high-value transaction:
“Our team dedicated considerable time and effort to this landmark deal. It highlights the increasing demand for high-end real estate in Dubai. The luxury property market here continues to rise, and I believe the best is yet to come for Dubai real estate.”
Under Kunal’s leadership, Pride and Property has built a reputation for transparent transactions, strategic portfolio advisory, and premium developer partnerships. His expertise in brokerage and real estate investment management continues to attract global investors seeking profitable, long-term opportunities in Dubai.
Sheikh Zayed Road: Dubai’s Business and Lifestyle Powerhouse
Sheikh Zayed Road (SZR) remains the heartbeat of Dubai’s real estate market. Stretching across the city’s central business district, it connects key landmarks such as Downtown Dubai, Business Bay, Dubai International Financial Centre (DIFC), and the World Trade Centre.
Over the past decade, SZR has evolved from a commercial corridor into a mixed-use luxury hub, featuring high-rise residential towers, five-star hotels, and world-class retail spaces.
Key factors driving property demand along Sheikh Zayed Road include:
- Prime location and accessibility to major business zones.
- High rental demand from professionals and corporate tenants.
- Premium lifestyle offerings, from rooftop lounges to Michelin-star dining.
- Steady property appreciation, supported by limited land availability.
This new AED 350 million transaction reinforces Sheikh Zayed Road’s reputation as Dubai’s most valuable stretch of real estate — often compared to New York’s Fifth Avenue or London’s Park Lane.
Dubai’s Luxury Property Market on a Historic High
Dubai’s luxury real estate market continues its record-breaking run. According to Knight Frank’s 2024 Wealth Report, Dubai ranks among the top three cities worldwide for ultra-prime property sales, surpassing global hubs like Los Angeles and Singapore.
Luxury towers, golf course communities, and waterfront residences remain the top investment choices for both regional and international buyers.
Investors are drawn to Dubai for its:
- Tax-free ownership and strong capital gains.
- Golden Visa residency options for property investors.
- Robust RERA-regulated framework, ensuring transparency and security.
- World-class infrastructure and cosmopolitan lifestyle.
With limited premium land available, transactions such as this AED 350 million Sheikh Zayed Road land deal will continue to drive price growth and demand in Dubai’s high-end property sector.
Pride and Property: Redefining Real Estate Excellence
Founded on trust, transparency, and results, Pride and Property LLC has emerged as a powerhouse in Dubai’s luxury property sector. The firm specializes in:
- High-value land and villa transactions
- Luxury apartment investments and off-plan sales
- Portfolio advisory and asset management
- Development management and valuation research
Their consistent involvement in record-breaking property transactions, from Palm Jebel Ali to Jumeirah Golf Estates, positions the company as one of the most reliable real estate partners for investors seeking premium assets and long-term appreciation.
Conclusion
The AED 350 million land transaction on Sheikh Zayed Road marks another milestone in Dubai’s incredible real estate journey. It reflects investor confidence, sustained global interest, and the city’s unshakable status as a world leader in luxury property investments.
With visionaries like Nitin Chauhan and Kunal Singh Sandhu driving landmark deals, Pride and Property continues to set benchmarks for excellence in Dubai’s real estate market.
As Dubai’s skyline evolves with every new tower, this upcoming project will stand as a symbol of innovation, ambition, and luxury — a reflection of the city itself.
If you are ready to explore real estate investment in Dubai, now is the time. Contact Pride and Property LLC to discover high-value opportunities in Sheikh Zayed Road, Downtown Dubai, Palm Jebel Ali, and beyond.