In a landmark moment for global luxury living, Shapoorji Pallonji, India’s 158-year-old construction and real estate conglomerate, has completed its first international residential project — Imperial Avenue — in Downtown Dubai. The development has officially received the Building Completion Certificate from Dubai’s Real Estate Regulatory Authority (RERA), marking a major milestone in the group’s global expansion strategy.
Soaring 45 storeys, Imperial Avenue offers sweeping views of the Burj Khalifa and the Dubai Canal. It features a striking 10,000 sq ft grand lobby and an array of ultra-luxury amenities including infinity pools, private cinema lounges, a fitness centre, and family recreation zones. Designed with sustainability in mind, the project integrates solar panels, grey water recycling systems, and smart home technologies.
Backed by AED 1.4 billion in investment — including funding from UK-based Hayfin Capital and Commercial Bank International — the development reflects Shapoorji Pallonji’s intent to become a serious player in Dubai’s competitive high-end residential sector.
“Imperial Avenue is more than a luxury tower; it’s a statement of intent,” said Mr. Cyrus Engineer of SP International Property Developers. “We’ve brought our Indian legacy to meet Dubai’s future-forward lifestyle, delivering homes that offer elegance, efficiency, and sustainability at the heart of one of the world’s most prestigious addresses.”
Located in the prime Downtown district, the development is part of a larger shift in Dubai’s real estate market toward tech-integrated, lifestyle-focused living. With ROI on luxury apartments in Downtown averaging 8–12%, the area has remained a magnet for international investors. The project has already attracted buyers from more than 60 nationalities.
Imperial Avenue offers a tailored collection of 1- to 5-bedroom apartments, penthouses, and podium villas with private pools, catering to the rising demand for spacious homes post-pandemic. Each residence combines modern finishes with intelligent automation, offering residents a hotel-style experience in a private home setting.
Shapoorji Pallonji’s entry into the UAE is a strategic one, echoing Dubai’s own ambitions to redefine urban luxury. “Dubai’s vision of iconic, sustainable living matches our own,” said Engineer. “This project is just the beginning of our international footprint.”
With projected sales nearing AED 2 billion, Imperial Avenue is expected to be a commercial and symbolic success, solidifying the group’s presence in the luxury real estate market beyond India. Homeowners have now begun property inspections and handovers are underway.
As Dubai continues to evolve into a global lifestyle destination, Imperial Avenue positions itself not just as a residential address but as a landmark of future living — a fusion of heritage craftsmanship and cutting-edge design.
