Established Since: 2005
CEO: Mr Ramesh Aswani
Svarn Development Dubai is a UAE real estate developer founded by professionals with over 50 years of combined experience in property and trading. The company focuses on mid-rise housing and community living, with projects designed around functionality, natural light, and practical layouts.
A key project is Sereno Residences, a mid-rise development in Jumeirah Village Circle. It includes 91 units, ranging from studios to 1- and 2-bedroom apartments. Sizes extend from 382 to 2,099 sq ft, with prices starting from AED 625,000. The project follows a 60/40 payment plan and is scheduled for handover in Q4 2026. Residents will have access to facilities such as a pool, gym, landscaped gardens, children’s play areas, and fitness rooms. This project highlights the company’s role in Svarn Development projects, providing part of the wider supply of residential projects in the UAE.
Beyond this, the company has announced investments of over AED 500 million across Dubai South, Majan, and Dubai Maritime City, which will add to its pipeline of Svarn properties. While its focus remains residential, there is scope for commercial real estate UAE in future phases. The mission centres on building steady, value-driven housing, while the vision is to strengthen its profile as a luxury property developer through carefully selected developments.