Acube Developments, a leading UAE real estate company, announced the launch of Acube Industries, an interior design and manufacturing facility, located in Umm Al Quwain.
The company said it is targeting an annual revenue of AED 25 million from the new venture.
The move also marked the company’s backward integration strategy.
The new facility’s product line includes doors, wardrobes, kitchens, dressing tables, TV Cabinets, vanities, ledges, sofas and beds.
Acube Industries said it expects a remarkable turnaround time of producing a monthly output capacity of 1,500 to 2,000 doors/ 250 complete kitchens/ and fully furnishing up to 50 one-bedroom apartments.
Ramjee Iyer, Chairman and Managing Director of Acube Developments, said the new facility not only enhances the company’s capabilities, but also opens the door for other developers in the region to benefit from its services.
“With the latest advancements in specialised machinery and technology, we guarantee precision, speed, and cost-effectiveness, ultimately providing immense value to the UAE’s real estate market,” he said.
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