Established European Real Estate Developer Launches Dubai Operations

MVS Real Estate Development to Deliver High-Quality Residential Projects in the Emirate

With over 18 years of international experience in real estate construction and a portfolio exceeding 22,000 apartments delivered in Russia and the UK, MVS Real Estate Development has officially launched its operations in Dubai. The company aims to introduce high-quality residential projects to the emirate’s dynamic market.

MVS Real Estate Development, renowned globally for its professionalism, reliability, and stringent adherence to deadlines, is committed to shaping the future of urban living in Dubai. Emphasizing quality, innovation, and sustainability, the developer is set to unveil details of its inaugural residential tower in one of Dubai’s most anticipated upcoming locations soon.

“Dubai is the ideal market for developing inspired, unconventional projects that challenge traditional architecture and design concepts,” says Ivan Baciu, CEO of MVS Real Estate Development. “These projects attract high-net-worth investors and end-users seeking exceptional living standards. Dubai stands as a world-leading residential real estate market, offering high returns and unparalleled growth opportunities supported by a stable political environment and strong economic foundations.”

Baciu adds, “Our company boasts a solid track record, a team of specialists with extensive international experience, and over 50 professional industry awards. These strengths ensure the highest quality execution for every project we undertake, whether in London, Moscow, St. Petersburg, or Dubai.”

To date, MVS Real Estate Development has constructed more than 22,000 apartments across 42 buildings, featuring residential complexes with signature architecture, thoughtful layouts, advanced engineering systems, quality landscaping, and well-developed infrastructure. Additionally, the company has delivered 415 commercial real estate projects, encompassing 56,000 square meters of leasable space, including over 20 hypermarkets, two multifunctional family shopping complexes, and storage facilities.

The company has also developed and operates two hotels in St. Petersburg, Russia: the 5-star Gymnasium No. 5 and the 4-star Augustin Chatillon.

MVS Real Estate Development prides itself on a flawless track record, having met all delivery deadlines without any delays or postponements across its residential, commercial, and hospitality projects. These projects span a combined area of 1.2 million square meters of commissioned space.

Adopting a comprehensive turnkey approach, MVS Real Estate Development handles every aspect of project execution, including planning, design, financial expertise, procurement, construction management, renovation, and finishing. The company upholds core principles of reliability, compliance, high-quality workmanship, financial stability, innovative technologies, and environmental respect.

MVS Real Estate Development is headquartered in the Opal Tower, Dubai.

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