Imperial Avenue by Shapoorji Pallonji in Dubai: The First-Ever International Residential Project

• The Shapoorji Pallonji Group was founded in 1865, in Mumbai, by Pallonji Mistry and an English partner.
• During the early stages of its establishment, the company mainly focused on construction.
• Their first project was the construction of pavements on the Girguam Chowpatty, followed by the building of the reservoir on Malabar Hill in 1881.
• The company acquired the finance firm F.E. Dinshaw and Co., which had connections with the Tata Group, including a 12.5% stake in Tata Sons.
• Shapoorji Pallonji Mistry, son of the founder of the company, stepped forward and took over the operations and functioning of the company as a leader.
• In the 1960s, he financed the popular historical Bollywood film Mughal-e-Azam, earning it the record for being the most expensive film for several years.
• The company overtook its first international project, the Qasr Al Alam palace in Oman, in 1975.
• The company further expanded under the leadership of the great-grandsons of the founder, Shapoor Mistry and Cyrus Mistry.
• In 2006, Cyrus Mistry joined the board at Tata Sons, thereby overtaking the stakes earlier acquired to a current share of 18.37%.
• The Pallonji family holds a stake of 130 million USD in Tata Consultancy Services.
• In 2010, Shapoorji Pallonji & Co. built the 64-storey Imperial Tower. This tower is India’s tallest residential building.
• In 2019, the fifth generation of the Mistry family, Pallon Mistry, stepped into the leadership roles in the company. His sister, Tanya, was awarded the responsibility of handling the corporate social responsibility activities
• As of today, the company operates in various sectors in addition to construction, including real estate, textiles, engineered goods, home appliances, shipping, publications, power, and biotechnology.

Imperial Avenue is strategically located in the heart of Dubai, Downtown Dubai, presenting breathtaking views of the iconic Burj Khalifa and the shimmering Dubai Canal. Nestled in a prime location in Dubai, the project offers access to an excellent network of roads, such as Sheikh Zayed Road (E11) and Sheikh Mohammed Bin Zayed Road (E311).

Downtown Dubai is famous for its magnificent nightlife and luxurious lifestyle. The Dubai International Airport is just a 15-minute drive away from this community, thereby facilitating a smooth and seamless commute for residents. Moreover, residents can enjoy the alluring and exclusive collection of facilities, such as a fun day out in the Dubai Mall and exploring the fine dining restaurants of Downtown Dubai.

Dubai’s Real Estate Regulatory Authority (RERA) issued the Building Completion Certificate, granting the company rights to complete the formalities required to process ownership handovers and occupancy. The unique feature of this project is that its development strategy focuses on the integration of sustainable efforts with technological advancements, such as solar energy panels and a grey water recycling system, to reduce the harmful effects of construction and protect the environment.

Imperial Avenue was delivered with financing of AED 1.4 billion, supported by funding from the London‑based Hayfin Capital and the UAE’s Commercial Bank International. This has helped redefine and transform Dubai's real estate market to become a hub for international developers.

Imperial Avenue features a total of 424 properties. This includes 1 to 5-bedroom units, 3 to 5-bedroom podium villas, and penthouses on the upper floors, surrounded by the mesmeric views of Dubai’s skyline. The project includes a 10,000 sq. ft. entrance lobby and 21,000 sq. ft. of retail space with 13 high-speed elevators. The residences are fully furnished with thoughtfully designed interiors and expansive layouts tailored to the preferences of global and luxury-demanding buyers.

Imperial Avenue by Shapoorji Pallonji radiates a set of extensive amenities and facilities:

• A Gym
• A Theater and party hall
• A squash court
• A Sauna
• A landscaped walking area
• Two infinity pools
• Outdoor and indoor kids' play areas
• A fully equipped fitness centre
• High-end concierge services

Imperial Avenue by Shapoorji Pallonji is a flagship launch in Downtown Dubai, combining scale, quality, sustainability, and location. It represents the developer’s vision of delivering residences within a sustainable, tech-savvy environment. For buyers and investors seeking to invest in prime Dubai real estate, this landmark is both a lifestyle choice and a long-term profitable asset.

Imperial Avenue marks a significant milestone as Shapoorji Pallonji’s first residential project outside India, anchoring the group’s expansion strategy into international luxury markets. This marvel residence aims to set a new standard in upscale urban living, combining luxury with sustainability and technological innovation.