Phil Dubai Directory

Indialand Group expands real estate portfolio with major Dubai acquisitions

Indialand Group, led by Harish Fabiani, has made significant investments in Dubai’s commercial real estate market. After acquiring the Thuraya Telecommunications Tower in Barsha for AED 160 million, the group purchased 45,000 square feet of office space in Burj Daman, DIFC. These acquisitions have boosted the group’s real estate portfolio value by AED 250 million. The Burj Daman property alone is expected to generate AED 20 million in annual rental income. Fabiani emphasized the strategic nature of these investments, citing the sustained high demand for Grade A office spaces in Dubai, which continues to attract global investors.

2025-01-06 06:13:49

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