ASICO Real Estate

Lotus Living Expands to Dubai

Dubai, UAE; 18 September 2025 – Lotus Living, a dynamic British property developer, has officially opened its Dubai office and commenced operations in the UAE. Building on more than 20 years of experience in the sector, and having developed more than 1,000 residential units in London, a city renowned for its robust real estate and construction industry, the company is now bringing its expertise to Dubai with its first project already underway in Dubai South.

In this context, Lotus Living announces the acquisition of a plot of land from ASICO and will develop its first residential project in Dubai South, one of the city’s fastest-growing communities.

Pictured (Left to Right): Muthukumar. K, Project Manager, K. Kistaiah, Uniforce Contracting, Wail Abualhamail, Director of Real Estate at ASICO, Rajiv Nehru, Chief Executive Officer of Lotus Living, D. Rajender Reddy, Uniforce Contracting

Lotus Living stated that its residential project in Dubai South represents the company’s first step into the UAE’s rapidly growing real estate market, both regionally and globally.

Rajiv Nehru, CEO of Lotus Living, said: “The groundbreaking ceremony marks the beginning of our entry into Dubai’s thriving real estate market. After gaining extensive experience in London, we chose Dubai for its dynamic economy, clear leadership vision, and long-term growth prospects. Through this project, we aim to deliver a new level of quality in residential living in Dubai South while contributing to a sustainable and vibrant future for the city.”

Wail Abualhamail, Director of Real Estate Operations at ASICO, added: “The groundbreaking of this project reflects international investors’ confidence in Dubai’s real estate sector. We look forward to continuing our role in supporting innovative projects in the Emirate and are proud to assist Lotus Living in securing this strategic location in Dubai South.”

The new residential building will feature modern architectural design, high-quality finishes, and lifestyle-focused amenities to meet Dubai’s growing demand for innovative residential spaces catering to the needs of the modern community.

As Dubai South continues to evolve into a key hub for residential, commercial, and logistics activities, this project further enhances the area’s position as an attractive destination for both investors and residents.

ASICO (Al Suwaidi Investment Company) is a UAE-based real estate and investment group, building on the legacy of Al Suwaidi Investment LLC, founded in 1996 by Mr. Ahmed Mohd Saif Bukhazmia Al Suwaidi. ASICO combines entrepreneurial heritage with a forward-looking focus on real estate, investment, and development.

Similar Posts

Find out more

Share This Post