Multi-billion Dollar Joint Venture in Dubai Launching ‘Empire Developments’ to Enter UAE Real Estate Market

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EssKay Holdings and Peace Home Real Estate Jointly Launch Empire Developments in UAE’s Real Estate Market

Dubai-based EssKay Holdings and Peace Home Real Estate have made a splash in the UAE real estate market with the launch of Empire Developments, a new player aiming to provide affordable ready-to-move-in residential options amidst rising interest rates.

Empire Developments is set to make its official debut at the end of August 2023, where details of their first residential project, Empire Residence in Jumeirah Village Circle (JVC), will be unveiled. The company’s CEO, Kamran Ghani, expressed their commitment to delivering quality properties that offer competitive returns in the current market climate.

With the Dubai property market booming but interest rates on the rise, Empire Developments plans to focus on the affordable housing sector to meet the needs of mid-income and salaried expatriates looking to transition from renting to owning their own homes. Partnering with Peace Home Real Estate Group, the company aims to expand their property portfolio and deliver mid-luxury projects that meet international standards of design and lifestyle.

Stay tuned for more updates on Empire Developments and their upcoming projects as they aim to make a mark in the UAE real estate sector.

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