Plans unveiled for colossal, community-focused residential development in UAE, spanning over 2 million square feet.
Barco Developers, a new real estate development company based in the UAE, has entered the property market with ambitious plans to develop over 2 million square feet of low- to mid-rise residential communities across Dubai and Ras Al Khaimah. The company, founded by a team with over 25 years of cross-sector experience in real estate, finance, consulting, F&B, and manufacturing, has successfully delivered projects in Europe and North America [1][2].
The focus of Barco Developers in the UAE real estate market is on creating value-based, community-centric residential developments that combine comfort and technology. They target the underserved segment of professionals and families seeking connected, modern lifestyles at fair prices [1]. Initial projects will launch in Dubai South, followed by developments in Arjan, the Dubai Land Residential Complex (DLRC), and Jebel Ali Hills. These locations are emerging neighborhoods with prospects for long-term livability and growth [1].
Safdar Badami, Director at Barco Developers, emphasizes the importance of understanding market needs and executing with precision. He states, "Our projects will offer a connected, modern lifestyle at a fair price." Barco Developers' goal is to create long-term value for residents and stakeholders alike, prioritizing long-term value over short-term gains [1].
Saadaat Bajwa, another Director at Barco Developers, discusses reimagining residential living in the UAE with high-quality, Smart home communities. She explains, "We aim to deliver homes with high utility, modern design, and tech-enabled amenities for end users." The company's focus on Dubai South aligns with the area's transformation into a major business and residential hub [1].
Barco Developers targets mid-income buyers in key growth zones to address an important market gap. They believe in developing projects backed by rigorous market analysis, efficient design practices, and a commitment to sustainable construction [1]. This strategic entry into the UAE real estate sector marks Barco Developers' commitment to addressing specific market needs not fully met by existing offerings [1].
[1] Barco Developers Press Release, 2022 [2] BusinessWire, Barco Developers Announces UAE Market Entry, 2022
- Barco Developers, grounded in over 25 years of cross-sector experience in real estate, finance, consulting, F&B, and manufacturing, is venturing into the UAE property market with ambitions to develop 2 million square feet of low- to mid-rise residential communities.
- In line with the company's focus, they aim to create value-based, community-centric residential developments, offering a connected, modern lifestyle at fair prices, especially catering to professionals and families.
- With initial projects launching in Dubai South, Arjan, the Dubai Land Residential Complex (DLRC), and Jebel Ali Hills, Barco Developers' strategic entry seeks to capitalize on these emerging neighborhoods' prospects for long-term livability and growth.
- Safdar Badami, Director at Barco Developers, emphasizes the company's commitment to understanding market needs and executing projects with precision, positioning them to offer a connected, modern lifestyle more affordably compared to current offerings.
- Saadaat Bajwa, another Director at Barco Developers, articulates their vision of reimagining residential living in the UAE with high-quality, Smart home communities, integrating tech-enabled amenities, modern designs, and a focus on sustainability.
- As Barco Developers targets mid-income buyers in key growth zones, their focus on rigorous market analysis, efficient design practices, and a commitment to sustainable construction marks a strategic entry addressing a market gap not fully met by existing offerings.
