New heights of Russian business

Rustar Real Estate begins construction of a skyscraper in Dubai

Russian capital in Dubai has reached the level of development: among the variety of companies investing in the development of the real estate sector in the Emirates, domestic representatives have also appeared.

Rustar Real Estate, the largest Russian company operating in the UAE real estate market, held an official press conference in Dubai on April 25 at which it announced the start of construction of its first facility in the emirate. Rustar's partner in the development and management of the new complex is Sheffield Real Estate, a well-established company in the local market. The exclusive representative of Rustar in Russia is the large Moscow investment company Peresvet Invest.

Rustar CEO Rafik Gubaev said: “Thanks to the extraordinary vision of the ruler of Dubai, Sheikh Mohammed bin Rashid Al-Maktoum, the emirate accumulates enormous potential for business development. An important role is played by the real estate sector, attracting more and more to the region every day. more foreign investors. "

By such an initiative, Rustar plans to expand its portfolio of services, thereby further expanding the circle of potential customers.

Mr. Gubaev also added that the company’s partner, Sheffield Real Estate, is also an active participant in the Dubai real estate sector, and the complexes under construction in the projects Dubai International City, Dubai Marina and Jumeirah Lake Towers can serve as indisputable proof of him.

The construction site for the new facility will be the prestigious area of ​​Dubai Marina in the heart of New Dubai. A skyscraper with a height of about a hundred floors will be an elite housing on the coast of the Persian Gulf. Furnished apartments with views of the sea and the artificial island of Palm Jumeirah, often bearing the name of the Eighth Wonder of the World, are designed to become a favorite vacation spot for Russians and other foreign investors. An excellent confirmation of this will be the excellent infrastructure of both the building and the district as a whole.

Dubai Marina has already earned fame as one of the best on the coast, and is rightly called the "city of the future", full of fashionable skyscrapers. Buildings 50-80 floors for Dubai Marina in the order of things - in the night distance the area is no wonder confused with New York Manhattan. But still, the pearl of the project remains a magnificent sea bay - a marina, around which towers residential buildings and hotels. The length of the artificial canal is 4 km, and it is planned taking into account the entrance of large 30-meter vessels. The marinas of the local yacht club will become a haven for 600 yachts.

The new Rustar Real Estate project represents an excellent investment opportunity for both investors and end users. “We conducted lengthy market research before starting work on the complex, providing the building with excellent quality, unique design and 100% profitability,” Mr. Gubaev said, commenting on the strategies of his company.

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