DIA Holding to Complete LuzOra Residential Project on Dubai Islands in 24 Months
Tuesday, 27 January 2026
DIA Holding announces 24-month delivery plan for LuzOra, a lifestyle-focused residential development on Dubai Islands, reflecting the company’s commitment to efficient execution and long-term value creation.
Key Highlights:
- LuzOra project to be completed within 24 months, ahead of regional average timelines
- Developed by DIA Holding, leveraging multi-regional experience in residential, educational, and mixed-use projects
- Designed as a lifestyle-focused community with concierge services, wellness options, and beach connectivity via golf carts
- Project emphasizes disciplined execution, resident-centric design, and operational efficiency
- Land acquired for $6.5 million; offers up to $19 million received, highlighting the company’s focus on long-term value over short-term gains
- DIA Holding applies Kaizen principles to ensure high-quality construction and efficient timelines
- Dubai Islands selected for strategic long-term growth potential, supported by infrastructure and tourism development
- Leadership recognition: Faruh Kurbanov, co-founder, awarded Real Estate Leader of the Year 2025
- DIA Holding continues commitment to educational and social initiatives, including scholarships and community programmes
