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USquare Luxe Properties site in Al Fujan is due to be completed soon

USquare Luxe Properties is developing villas in Al Furjan, work is underway, and we are proud to announce that it will soon to be handed over.

Al Furjan gained popularity among families with children, with some of the best schools, parks, walking tracks and excellent road links to E11 and E311, Al Furjan has become first choice for both buyers and investors.

Each villa has 5 bedrooms with swimming pool, sunken sitting area, lift, grease kitchen, maid room & garage. With high end fixtures, it is where luxury meets affordability.

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Coral Isle by USquare X Grovy Grand Launch at St. Regis Dubai

A Grand Launch event for USquare Luxe Properties flagship project Coral Isle by USquare X Grovy was organized on 15th May 2025, at St. Regis Dubai.

It was an evening to remember with major investors, family and friends attended.

USquare Luxe Properties Owners, Mr. Muhammad Umeed and Mr. Ubaid Ur Rehman Shaikh attended the event, speaking with the guests, owners echoed that USquare Luxe Properties is building on trust with both investors and customers.

They emphasized that USquare Luxe Properties will continue to bring more exciting projects in near future.

Mr Ubaid Ur Rehman Shaikh, Chairman USquare Luxe Properties, described the signing of AED 175m JV with Grovy Real Estate Developer facilitated by Coldwell Banker as a delightful experience

Talking to Khaleej Times and Zawya, Mr Ubaid Ur Rehman Shaikh, Chairman USquare Luxe Properties, said:

“This is our first joint venture project that was liaised by Coldwell Banker and it has been a delightful experience. Also, a positive outlook on the luxury real estate sector is encouraging. Our collaborative efforts have developed a holistic perspective for the project prioritizing convenience, privacy, security, sustainability, and smart technology; as few of the non-negotiables for our high-end apartments.”

Left to Right: Dharamvir Singh, commercial sales and leasing manager, Coldwell Banker; Abhishek Jalan, co-founder, Grovy Real Estate Developer; Ubaid Ur Rehman Shaikh of U Square Luxe Properties; Ayman Youssef, managing director, Coldwell Banker

https://www.khaleejtimes.com/kt-network/coldwell-banker-facilitates-dh175m-jv-for-luxury-dubai-islands-residences

The two developers, Grovy Real Estate and U Square Luxe Properties signed an agreement to the joint venture through Dharamvir Singh Chauhan, who heads the Commercial department of Coldwell Banker. Co-founded by Abhishek Jalan, Grovy Real Estate is Dubai’s leading boutique developer; and U Square Luxe Properties, founded by entrepreneurs Muhammad Umeed and Ubaid Ur Rehman Shaikh, is known for high-end luxury villa development.

Positioned as an upgraded version of the iconic Palm Jumeirah, the project, valued at AED 175 million, will be developed at the much-anticipated Golf Community in the Dubai Islands.

The project will house well-proportioned apartments for families, encompassing more than 30 amenities including an infinity pool, Jacuzzi, and theatre to heighten the lifestyle quotient. Responding to the rising demand for sustainable and energy-efficient homes, the project will be equipped with an advanced waste control system and, the residences will be designed to minimise heat and maintain a cool environment indoors.

https://www.zawya.com/en/press-release/companies-news/coldwell-banker-facilitates-aed-175mln-jv-for-luxury-dubai-islands-residences-fh64ngs6

The joint venture plans to remain steadfast on its vision to develop a premium residential space characterised by infrastructure of exceptional quality, exclusivity, and world-class amenities. The project will attract buyers across consumer segments like those investing in second homes, for rental income and quick buy and sell to optimise profits. 

Mr Ubaid Ur Rehman Shaikh, Chairman Threez Holding Limited and ZZZ Developers attended groundbreaking ceremony of ZZZ Luxe Living Bahria Town Karachi

It was a sunny day in Bahria Town Karachi, a perfect stage for the historic ground-breaking ceremony for ZZZ Developers flagship project ZZZ Luxe Living, which will change the luxury life style concept for ever in Pakistan.

Chief Guest Mr Ubaid Ur Rehman Shaikh with Guest of Honour Mr Mohiuddin Shaikh

Mr Ubaid Ur Rehman Shaikh was the Chief Guest with his loving Dad Mr Mohiuddin Shaikh as Guest of Honour.

Mr Ubaid Ur Rehman Shaikh cutting ribbon along with Mr Mohiuddin Shaikh

Ribbon cutting ceremony

ZZZ Luxe Living, a 28 floor project is in a prime location at Bahria Town Karachi and a stone’s throw from Bahria Town commercial theme park. This project has all the world class amenities including, swimming pool, gaming room, banquet café hall, pool room, extravagant lobby & reception and much more.

Mr Ubaid Ur Rehman Shaikh with respected guests

The event was attended by ZZZ Developer Coordinator Mr Mohsin Mazhar along with:

  • Mr Saleh Muhammad Memon – CEO M/s. SME Engineering
  • Architect Shahbaz Hussain – Partner M/s. The Grey House
  • Architect Ahmed Ali & Architect Saad Shah – Partner M/s. Identity Studio
  • Engineer Rameez Bilwani – Principal Engineer M/s. Yaqoob & Rameez Associates
  • Engineer Asghar Siddiqui – CEO M/s. Eleken Associates
  • Engineer Uzair – Design Engineer M/s. Eleken Associates
  • Mr Laiq Ahmed Siddiqui – CEO M/s. Haris & Co.
  • Mr Haris Siddiqui – Director M/s. Haris & Co.
  • Mr Nehad Saleem – Founder M/s. Team Effect Co.

The team behind ZZZ Luxe Living Bahria Town Karachi

Addressing the gathering Mr Ubaid Ur Rehman Shaikh said:

‘My family members and dear friends,

I thank you all from the bottom of my heart for coming down at the ground-breaking ceremony today. It was lovely to see you all and specially it’s so motivating for me to be circled by so many sincere individuals, I can see the passion for this project and will pray to Allah that this project will bear fruits for everyone.

I know times are hard, it’s very uncertain, prices are changing on a daily basis and I can go on and on..but.. I would like to remind you in every crisis there is an opportunity and this is our opportunity and WE WILL HOLD IT WITH BOTH HANDS, InshsaAllah

Once again thank you everyone and may Allah keep showering us with rehmat.. ameen’

Ubaid Ur Rehman Shaikh with respected guests

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Three Z Holding Limited subsidiary U Square Luxe Properties LLC signed a Joint Venture for development in Dubai Island with Grovy Real Estate Development LLC

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Mr Ubaid Ur Rehman Shaikh shaking hands with Mr Abhishek Jalan after signing the deal

Three Z Holding Limited subsidiary U Square Luxe Properties LLC is very excited to announce their mega project in Dubai Island.

Joint Venture for development is signed with Grovy Real Estate Development LLC on 28/02/2024 at Three Z Holding Limited Headquarter.

This is a brand new development in Dubai Island, with a Gross Floor area of 87,462 sqft, 8 floor residential unit with world class amenities will be build in 3 year completion time.

Explaining his vision Chairman Three Z Holding Limited Mr Ubaid Ur Rehman Shaikh said:

‘This project is part of the many exciting plans we have here at Three Z Holding Limited, we will continue to develop prime real estate land in Dubai for our community with world class amenities and I am proud to announce that we have an exciting future ahead of us’