Sun and Sand Developers is youngest to date to receive accolade from Dubai Government
Rajan Israni, founder of Sun and Sand Developers, and his family, have received gold card visas from the Dubai Government.
The developer has only been in Dubai for 13 years, making his company the youngest to date to have received the accolade.
Sailesh Israni, the founder’s son and the company’s managing director, said: “This is UAE’s way of making you part of their success story. We believe Dubai is for everybody. It doesn’t matter how long you’ve stayed, what matters most is your contribution. The government has created a level playing field; those who are true to their work are rewarded.”
The company’s residential building in Dubai Silicon Oasis (DSO), Sunshine Residence, was recently awarded the ‘Best Maintained Safety and Quality’ by the DSO Authority. In 2017, their pilot project for affordable housing, Sunbeam Homes, finished runner-up at the Gulf Real Estate Awards for the Best Real Estate Project in the Affordable Housing Category.
“Our combined experience of being a developer, investor, property management and facility management makes our approach to the business holistic. We are able to strategize and make sound decisions by looking at it in different perspectives,” added Sailesh.
The UAE's new permanent visa is intended to generate foreign investment and attract top engineers, scientists, and star students.
It is the first such scheme in the Gulf, where foreigners are generally only given limited duration residence permits under the "kafala" sponsorship system.