Indian Rich List 2011
Tue 20 Sep 2011 11:54 AM
Santosh Joseph

Santosh Joseph

Company: Dubai Pearl

Country: UAE

Wealth: 360 Million

Occupation: President

A veteran investor with an in-depth knowledge of the region’s real estate sector, Joseph has over 20 years of management expertise.

Joseph took over the management of the AED7.4bn Dubai Pearl project and has planned and successfully executed a revival plan, including redesigning and rebuilding of the project.

The three-phase development is due to start delivering units in 2013 and will comprise four 73-storey towers. In July it was announced the first phase of Dubai Pearl has been completed and a total of 3.5 million man hours had so far been spent since work started on site.

Over 60,000 cubic metres of concrete has been poured on one of the largest construction projects still being developed in the UAE.

 Designed by Schweger Associated Architects, the development is a ‘city within a city’ and will comprise a unique mix of high-end residential, retail, hotel, office and cultural space, including a purpose-built complex with an 1,800 seat auditorium, capable of hosting major entertainment events and shows. It will also be the future home of the Dubai International Film Festival.

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