PROJECT ANNOUNCEMENT
Dubai, UAE – May 8, 2025 – Real estate developer LARAIX has officially announced its newest project, Zyra Vista, during a press conference at the company headquarters. Bollywood actor and producer Arbaaz Khan attended the event to wish the Laraix team, and to get a glimpse of the new project.
“Zyra Vista reflects our commitment to developing properties that deliver long-term value,” said Kabir Sundoo Larai, Chairman of LARAIX. “Having established our reputation as a leader in the water purification and distribution sector across the UAE, our expansion into real estate development represents a strategic diversification for the LARAIX Group. We’re leveraging our extensive experience in infrastructure development and applying the same principles of quality and customer focus that built our success in the water industry to our growing property portfolio. This marks an exciting new chapter for our group as we expand our footprint in Dubai’s dynamic real estate market. The project’s location, design specifications, and payment structure were specifically planned to address the needs of our target investors, particularly those from South East Asia who continue to show confidence in Dubai’s real estate market.”
The development will comprise studio, one-bedroom, and two-bedroom apartments with projected completion in Q3 2027. LARAIX reports that 40% of units have been pre-booked during the soft launch phase, demonstrating strong market interest.
LOCATION ADVANTAGES
Zyra Vista Residence is located in Al Warsan, providing:
- Direct access to Sheikh Mohammed Bin Zayed Road and Al Khail Road
- 15-minute commute to Dubai International Airport
- Proximity to Dubai International City
- Convenient access to retail destinations including Dragon Mart and Mirdif City Centre
- Well-connected public transportation options
PROJECT FEATURES
Zyra Vista represents LARAIX’s strategic expansion in the Dubai real estate sector, offering residential units designed to meet the preferences of international investors seeking both primary residences and investment opportunities. The development features a comprehensive suite of facilities including fitness center, swimming pool, landscaped gardens, children’s play zones, co-working spaces, 24/7 concierge services, and ground-floor retail spaces. The project is situated in Al Warsan 4 with direct access to major roadways and proximity to Dubai International Airport.
UAE REAL ESTATE MARKET CONTEXT
The launch comes amid robust growth in Dubai’s property market, with data from the Dubai Land Department showing a 28% increase in transaction volume in Q1 2025 compared to the same period last year. Foreign investment in UAE real estate reached AED 92 billion in 2024, with South East Asian investors accounting for approximately 31% of international purchases.
The UAE’s zero income tax policy, straightforward property ownership laws for foreigners, political stability, and strategic geographic position continue to drive international investment interest in the market. Starting price for Zyra Vista units is AED 459,196.
LEADERSHIP PERSPECTIVES
Sagar Larai, Managing Director of LARAIX, emphasized the strategic location choice: “When selecting the location for our first real estate development project, affordability for our customers was the primary consideration. The Al Warsan 4, area emerged as the clear choice, offering an exceptional balance of accessibility and value in today’s market. With the upcoming metro services planned for the area, we’re witnessing vast development potential unfolding in this rapidly transforming neighborhood. The transportation infrastructure improvements alone are expected to significantly enhance property values in the coming years. This made Al Warsan area the perfect location for Zyra Vista, allowing us to offer an affordable entry point to Dubai real estate while still delivering a compelling long-term investment opportunity with excellent growth prospects.”
Executive Director Samaad Abdul highlighted the practical considerations driving South East Asian investment in Dubai: “What we’re observing is a practical approach from our South East Asian clients. They value the UAE’s political stability, infrastructure quality, and geographic position as a global hub. Zyra Vista addresses these priorities with its connectivity to key business districts and transportation networks.”
BOLLYWOOD CONNECTION
Arbaaz Khan, who visited as a special guest for the evening, expressed his personal connection to the development: “Throughout my career, I’ve been selective about the brands I associate with. Zyra Vista resonates with me because it represents quality and reliability—values that align with my own principles. The UAE has been a second home to many Indian expatriates and investors, and I’m excited to be part of a project that strengthens those ties.”
Khan also shared insights on Bollywood’s growing presence in the UAE: “We’re seeing a significant shift as more production companies and industry professionals are establishing bases in Dubai and Abu Dhabi. The infrastructure, strategic location, and supportive environment for creative industries make the UAE an ideal hub for Bollywood’s global expansion and truly has become a crown Jewel in the eyes of the world”
CONCLUSION
The press conference concluded with a presentation of Zyra Vista’s architectural plans and a tour of the project model. The development represents another step in the UAE’s ongoing position as a key destination for real estate investment in the region.
For further information: https://laraixdevelopers.com/