By Saifur Rahman
Total portfolio value of Grovy Developers, a luxury real estate brand based in Dubai, is expected to exceed Dh700 million in value across five projects that will collectively deliver 581 homes when completed in the next few years.
It has already delivered 363 homes in three projects – Alcove, Aria and Aura – all in the Jumeirah Village Circle (JVC) community – with gross development value of Dh350 million, a top company official told Gulf Property in an exclusive interview.
“This year, we have launched two projects, Coral Isle and Rivo – that will deliver 218 residential units – when completed in the next few years,” Abhishek Jalan, Founder and CEO of Grovy Developers, told Gulf Property at the recently concluded International Real Estate and Investment Show (IREIS) 2025, where it participated as a developer to showcase its latest projects.
“We bring a legacy of four decades of real estate development in India and the UAE, where we entered in 2015, to develop some quality homes and we have so far delivered three projects to happy customers. In India, we delivered 100 boutique projects to customers. In the UAE, we are making careful steps to ensure we deliver the best homes that money can buy – but at a very affordable price.
“Our current price is around Dh1,200 per square feet, which is lower compared to properties in similar locations. This makes our homes very affordable and helps investors to make money when sold at delivery when the price jumps. So, from an investment point of view, we are offering a great value to businesses.”
Grovy Developers launched in 1985 in India with residential and commercial developments in Delhi and the National Capital Region. The company has delivered more than 100 projects.
In 2015, it expanded operations to the UAE to develop residential real estate in the premium and luxury segments. The company applies its expertise in space planning to develop projects with smart home technology and premium amenities. Grovy has completed Alcove, Aria, and Aura.
Grovy Developers integrates cutting-edge, energy-efficient solutions into all our projects, ensuring we meet the growing demand for sustainable, eco-conscious living while maintaining luxury and style.
Despite its success, the company is not very aggressive in launching new projects.
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