IMAN DEVELOPERS IS LISTED IN THE TOP 50 GCC DEVELOPERS FOR 2023

Established in 2016, Iman Developers has swiftly risen to prominence as one of Dubai’s premier real estate developers. Their remarkable journey, punctuated with significant customer recognition and exceptional operational performance, is highlighted by a stellar revenue track record over the past 12 months, surpassing $272 million (AED1 billion).

Over the past year, Iman has unveiled five significant projects, reinforcing their foothold in the real estate sector. Oxford Terraces and Oxford Terraces 2, with an estimated value of $19.6 million (AED 72 million) and $21.7 million (AED 80 million), respectively, are located within the Jumeirah Village Circle (JVC) community. Oxford 212, incorporating 212 apartments, is Iman’s fifth development project. Located in JVC, the $40.8 million (AED 150 million) residential project has been handed over to homeowners.

Valued at $52.8 million (AED 194 million), The Grove in Dubai Hills is a nine-story residential development offering an array of features such as multiple swimming pools, green areas, and spaces dedicated to sports activities and family gatherings.

Considering the developer’s overall portfolio, the $54.4 million (AED200 million) Oxford Gardens, set in Arjan, stands as Iman’s ninth residential development. Offering a broad scope of amenities, including bespoke hanging pools, the project seamlessly blends residential and retail spaces, fostering a dynamic and vibrant community.

Notably, their accomplishments encompass the swift sale of both Oxford Gardens and The Grove projects, which were fully booked within three hours of their respective launches.

In the last 12 months, the developer awarded four contracts totalling $52.2 million (AED192 million) for their projects: Oxford Terraces, Oxford Terraces 2, The Grove, and Oxford Gardens. The developer is concurrently advancing the construction of four projects with a cumulative value of $147 million (AED540 million). Oxford Terraces and Oxford Terraces 2 are 78% and 15% complete, respectively, while The Grove is 30% complete and undergoing multiple development activities. Lastly, Oxford Gardens is 2% complete.

Iman’s dedication to sustainable development shines through the environmentally conscious features integrated into their projects. They prioritise energy optimisation, waste and water management practices, and sustainable district cooling solutions. These initiatives underscore the developer’s commitment to blending sustainable practices with advanced engineering, paving the way for an eco-friendly future.

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