BNW Developments was founded in 2021 by Ankur Aggarwal (CA, financial strategist) and Vivek Anand Oberoi (Indian actor, entrepreneur and Forbes Top 40 Global Philanthropist honoree). Based in Ubora Tower, Business Bay, the group manages assets worth AED 15 billion (AUM) — in just three years. Its focus is on Al Marjan Island in RAK (next to the Wynn casino) and Al Furjan in Dubai. The active portfolio comprises 600+ units across four projects: Aqua Arc (226 units), Pelagia (158), Aquino (150) and Elegancia (Al Furjan). Taj Wellington Mews, in partnership with IHCL Taj, sold 97 units in 24 hours. The roadmap calls for around 10 projects by 2030.
Winner of Best Innovative Developer in Dubai at the Lifestyle Awards 2025, plus the Icons of UAE Award 2024. Partnerships with IHCL Taj (Taj Wellington Mews) and Masah (a billion-dirham partnership for Aqua Arc). The two founders bring a distinctive combination: Aggarwal on the financial and strategic side; Oberoi as a global personality.
Four active projects totalling 600+ units: Aqua Arc (Al Marjan, 226 units), Pelagia (Al Marjan, 158 units), Aquino (Al Marjan, 150 units) and Elegancia (Al Furjan). Taj Wellington Mews sold 97 units in just 24 hours. AUM reached AED 15B within three years. The roadmap calls for around 10 projects by 2030.
AUM of AED 15 billion (in three years). A billion-dirham partnership with Masah. The launch of Taj Wellington Mews demonstrated strong demand (97 units sold in 24 hours).
Premium residential towers, mixed-use communities and partnerships with international brands (Taj). Emphasis on Al Marjan Island — RAK's casino district with high tourism potential (Wynn Resorts nearby). Golden Visa incentive for foreign buyers.
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Ankur Aggarwal — Chairman, a CA and financial strategist with a decade of experience in financial management. Vivek Anand Oberoi — Co-founder, an Indian actor, entrepreneur and Forbes Top 40 Global Philanthropist honoree.
The flagship project on Al Marjan Island, RAK — 226 luxury units from AED 2.3M. Located next to Wynn Resorts (the world's largest casino). Golden Visa eligible for foreign investors. Backed by a billion-dirham partnership with Masah.
AED 15 billion within just three years of inception. A portfolio of 600+ units across four active projects, with a roadmap to reach around 10 projects by 2030.
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