'Prospect' redefines real estate investment in the UAE

Prospect redefines real estate investment

Location-led and investment-driven developments in the mix

Established in 2023 by a collective of real estate industry veterans, Prospect is quickly emerging as a force shaping the UAE’s dynamic property landscape.

With a strategic focus on identifying high-potential locations and aligning them with best-in-class concepts - whether commercial, residential, or branded - Prospect is redefining what it means to invest in real estate in the region.

The Dubai-based real estate investment firm was founded on a long-term vision: to deliver exceptional returns while contributing meaningfully to the urban fabric of the UAE.

With a portfolio already valued at over Dh2 billion, Prospect collaborates with leading regional stakeholders to offer turnkey real estate solutions that are as future-ready as they are financially rewarding.

What sets Prospect apart is its meticulous approach to project selection. Every development under its umbrella is curated not just for its architectural or commercial value, but for its potential to become the best in its class.

Whether it’s a boutique commercial complex, a branded residence, or a modern community living project, Prospect ensures each investment is underpinned by location strength, cultural relevance, and long-term yield potential.

“Every project we invest in is about foresight — choosing the right location and the right concept to lead its category,” says Umar bin Farooq, Co-Founder, Prospect.

One of Prospect’s first partnerships began when they launched Maya V, Jumeirah Village Triangle (JVT) with London Gate Developers. The residential community in the heart of JVT was sold out within the first hour of the launch.

Combining smart design, strategic location, and investment value, Maya V laid the groundwork for Prospect’s broader expansion into residential segments.

In collaboration with Cledor, Prospect has launched The Arthouse, a first-of-its-kind branded residential project outside the US, with an estimated value of Dh400 million.

Situated in the scenic Al Marjan Island in Ras Al Khaimah (RAK), this cultural luxury living development reflects a refined vision - melding artistic sophistication with resort-style living.

Arthouse aims to attract both lifestyle investors and high-net-worth individuals looking for a rare blend of exclusivity and heritage.

“For Prospect, leading the sales and investment strategy for a development of this calibre reinforces our position as a trusted partner in high-impact, design-led real estate,” says Islam El Dafrawy, Co-founder of Prospect. In partnership with Mulk Properties, Prospect introduced The LX — a boutique Dh350 million commercial development in Arjan, one of Dubai’s fastest-growing neighborhoods.

Designed to redefine workspaces and curated retail environments, The LX is set to become a flagship model for integrated commercial real estate that resonates with Dubai’s entrepreneurial and retail-driven culture.

“Our commitment is to ensure this project reaches its full potential, driving value and creating lasting opportunities for both investors and the community while reaching out and expanding our portfolio in the ever-growing commercial development sector in the UAE,” says Rajat Verma, Co-founder of Prospect.

The recent launches are just the beginning. Prospect is already exploring a pipeline of high-yield developments across the UAE, with announcements expected in 2025. These future projects will continue to emphasise the firm’s commitment to innovation, strategic site selection, and building future-ready spaces - further solidifying its role as a visionary developer and investment partner.

“Our goal is simple and focused - bring unmatched quality to prime markets and deliver strong, sustainable returns to our investors,” says Rohit Verma, Co Founder, Prospect.

In a market defined by rapid transformation and global appeal, Prospect has found its niche-bridging strategic investment with architectural excellence and market foresight. From the art-driven ambiance of Arthouse to the cutting-edge commercial vision of The LX, Prospect is more than a real estate firm; it’s a catalyst for value-driven urban evolution in the UAE.

For more information, visit prospectuae.com