BNW Developments challenges the expected to create the exceptional

Ankur Aggarwal on BNW building a luxury real estate force aligned with UAE growth story

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4 MIN READ
BNW Developments challenges the expected to create the exceptional

BNW Developments positions itself as “building on a visionary approach.” How has your personal leadership philosophy shaped the company’s direction and the kind of projects BNW brings to market?

I believe leadership isn’t about titles or control. It’s about creating a culture where people think beyond instructions, take ownership, and drive outcomes like founders, not followers. That’s the core of my philosophy: empowering minds to be entrepreneurs, not just employees.

At BNW, we’ve never shied away from challenging conventional formats. Instead, we craft spaces that are intuitive, globally aspirational, and financially strategic. For me, every project must meet three criteria: architectural intent, lifestyle relevance, and investment foresight. This philosophy shapes everything, from land and partner selection to how we imagine an investor’s ultimate returns and financial ascendancy.

BNW’s portfolio features distinctive developments, including your landmark Al Marjan Island project. What differentiates BNW projects in terms of design, lifestyle experience, and long-term value for investors?

Every project is intentional in both aesthetics and asset value. From Aqua Arc and Taj Wellington Mews to Pelagia and FashionTVAcacia, each is future-ready, curated for today’s resident and structured for the global investor.

A key differentiator is that we don’t just white-label global brands. We collaborate with them in the design journey. With partners like IHCL’s Taj, Michael Adam, and FashionTV, the brand essence is mindfully embedded into the architecture and experience.

Every location is strategic. Our focus on Al Marjan Island stemmed from its high tourist inflow, especially with Wynn Resort projected to attract over 5 million visitors annually by 2027. We anticipate how tourism shapes capital appreciation and rental yields, then reverse-engineer the product to maximise returns.

Ras Al Khaimah is emerging as a real estate kingdom within the UAE. What makes RAK such a compelling hub for property development and investment today?

Having tracked regional market trends closely, I’ve seen RAK evolve from a quiet emirate into a high-growth zone for luxury tourism, global investment, and long-term infrastructure.

What makes Ras Al Khaimah so compelling is its visionary government, which has strategically created business opportunities and enhanced infrastructure. A sophisticated masterplan is driving sustainable growth across sectors like tourism and real estate, solidifying its position as a powerful economic hub with a clear, ambitious future. We’ve scaled our presence accordingly.

Beyond Al Marjan, we’re now building in RAK Central, the rising business hub, and soon in the Beach District, which is set to attract a new wave of lifestyle investors. RAK is fast becoming a complete destination to live, invest, work, and holiday, with easy global flight access. With a new airport terminal underway and traffic projected to hit 3 million, RAK’s connectivity is only growing. At BNW, we’re not just building in RAK. We’re growing with its rhythm.

From your perspective, how are buyer expectations and investor sentiments evolving in RAK, and how is BNW tailoring its projects to meet these trends?

Buyers today are sharper, younger, and far more ROI-conscious. In RAK, we’ve seen a clear rise in short-term rental investors, lifestyle-focused buyers, and first-time entrants into UAE real estate.

This shift has directly shaped how we build. At BNW, we offer flexible payment plans, high-ROI configurations, and branded residences that command premium rental income. Our inventory is designed not just to look premium, but to perform. The age of passive luxury is over. We’re building for active, dynamic ownership.

Modern buyers are looking for sustainable and future-ready properties. How is BNW integrating smart, eco-conscious, or innovative features into its developments to stay ahead of the curve?

Sustainability, for us, is more than certifications; it’s a mindset. We design for longevity, wellness, and livability. This means using thermally efficient materials, integrating green spaces, and engineering all projects with environmental consciousness.

We’re also exploring smart home integrations and energy-efficient systems across select developments. Our aim isn’t just to keep up. It’s to stay two steps ahead.

With BNW’s footprint growing, what are your strategic priorities for the next three to five years, and how do you see BNW contributing to RAK’s vision as a premier lifestyle and investment destination?

Over the next 3 to 5 years, our focus is threefold: deepening presence in high-potential zones like RAK Central and the Beach District; expanding branded collaborations with legacy global names that leave a cultural imprint; and delivering lifestyle-centric communities that blend leisure, investment, and everyday living.

These developments feel like resorts and function like future-ready homes.

With Ras Al Khaimah set for exponential growth in tourism, business, and infrastructure by 2030, BNW is strategically positioned to grow with the emirate, not just as developers, but as placemakers.

With the support of the Government and key stakeholders like my dear friend, Arch. Abdulla Al Abdouli, CEO of Marjan, we are honoured to be a part of this ambitious journey.

While we deepen our presence in RAK, we’re also expanding across Dubai, from acquiring Dubai-ready buildings and shaping our landmark project on the Dubai Islands, to the soon-to-launch Orvessa in Al Furjan. For us, it’s about creating spaces that define the future, across emirates and expectations.

I’m also grateful to walk this journey with the exceptional support of my brother and partner, Vivek Anand Oberoi, whose belief and brilliance guide our vision, and the BNW team, whose ambition continues to turn vision into value.

This is just the beginning.

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