BNW Developments Expands Global Reach with New Sydney Office to Attract UAE Property Investors

BNW Developments, a real estate developer headquartered in Dubai, has established a new office in Sydney, Australia. This strategic expansion is designed to broaden its international investor base and meet the growing demand for residential properties in the UAE, particularly in Dubai and Ras Al Khaimah.

The Sydney branch will serve as a direct point of contact for Australian investors, wealth advisers, brokerage firms, and real estate professionals seeking investment opportunities within the UAE market. BNW Developments currently manages 13 launched projects and has 16 projects in its pipeline, representing a combined gross development value of approximately AED 32 billion.

Investment Appeal of UAE Property

The company highlights several factors attracting international investors to the UAE's residential market:

• High Rental Yields: Residential properties in Dubai offer average rental yields of 6-10 per cent, significantly higher than Australia's average of 3.7 per cent.
• Favourable Tax Regime: The UAE imposes no personal income tax or capital gains tax on property sales.
• Residency Programmes: Eligible property investors can qualify for a renewable 10-year Golden Visa by investing AED 2 million or more in real estate.

Dr. (CA) Ankur Aggarwal, Chairman and Founder of BNW Developments, noted that Australian investors are increasingly looking beyond their domestic market for opportunities offering income generation, international diversification, and access to growing markets. The Sydney office provides a local platform to engage with this community and share expertise on the UAE's development pipeline.

Focus on Ras Al Khaimah

Ras Al Khaimah is another key focus area for BNW, with projects planned across Ras Al Khaimah Central, Al Marjan Island, and the Beach District. The emirate recorded AED 12.3 billion in residential sales across 6,600 transactions in 2025, with off-plan properties accounting for approximately 85 per cent of these transactions. Foreign investors made up over 60 per cent of buyers on Al Marjan Island.

BNW's portfolio in Ras Al Khaimah includes prominent developments like Tonino Lamborghini Residences and Radisson Blu Hotels and Residences. The developer also announced Dolce Residences, in partnership with Wyndham Hotels & Resorts, on Al Marjan Island, featuring 93 residential units and five retail spaces.

The Sydney office, located in Bella Vista, was inaugurated on September 24, with attendance from over 300 investors and industry professionals.