Overview

BNW Developments is a Dubai‑based real estate developer specializing in luxury and premium residential projects across the UAE. The company was founded in 2021 by Ankur Aggarwal and Vivek Anand Oberoi, combining financial expertise and entrepreneurial vision to create modern, high‑quality living environments. BNW focuses on design‑led developments that maximize lifestyle appeal and investment potential.

Headquartered in Ubora Tower, Business Bay, Dubai, the developer operates across key growth markets including Ras Al Khaimah’s Al Marjan Island and select areas in Dubai.

Key Facts & Numbers

• Founded: 2021 (Dubai, UAE)

• Assets Under Development: AED ~22+ billion (portfolio across UAE)

• Portfolio Focus: Residential, branded residences, luxury waterfront communities in UAE

• Projects in RAK: Multiple master‑planned developments on Al Marjan Island

• Recognition & Awards: Best Developer — Luxury (Ultimate Realty Awards 2025), Luxury Lifestyle Awards Winner 2025

Projects in Ras Al Khaimah 

BNW’s RAK portfolio is centered on Al Marjan Island, a premier beachfront destination experiencing strong tourism and investment growth.

Aqua Arc Residences

• Type: Waterfront luxury residential community

• Units: ~226 premium residences (1–3 bedroom apartments, townhouses & penthouses)

• Design: Water‑inspired architecture and resort‑style living

• Location: Al Marjan Island — near Wynn Resort and leisure hubs

• Positioning: Branded luxury residences with strong lifestyle appeal

Pelagia by BNW Developments

• Type: High‑rise residential community

• Units: ~158 apartments (1–4 bedroom & penthouses)

• Architecture: Wave‑inspired façade & panoramic views

• Amenities: Retail outlets integrated within the community

• Location: Al Marjan Island, RAK
  
  

Aquino

• Type: Boutique low‑rise residential collection

• Units: ~150 exclusive apartments (1–3 bedrooms)

• Lifestyle: Serenity‑focused community with premium finishes

• Location: Al Marjan Island, RAK

Taj Wellington Mews (BRANDED)

• Partnership: Developed in collaboration with The Indian Hotels Company (IHCL) — Taj brand residences

• Units: ~336 furnished apartments/studios (Hotel‑residence hybrid)

• Features: World‑class hospitality‑style amenities with retail spaces

• Location: Al Marjan Island, RAK

Acacia (FashionTV Branded)

• Type: Branded residential project with FashionTV aesthetic influence

• Units: ~228 residences with panoramic sea views

• Location: Al Marjan Island, RAK
  
  

Sales Performance & Market Signals (RAK)

BNW has generated strong market interest for its branded and design‑led residences on Al Marjan Island. While specific sales volumes and launch figures are not publicly disclosed at scale, the presence of multiple projects across different product types (luxury waterfront, branded residences, boutique apartments) reflects BNW’s strategy of catering to diverse investor and end‑user segments in RAK’s premium market.

Other Strategic Activities

BNW has engaged in strategic partnerships — including with hospitality giant Taj / IHCL — demonstrating the company’s emphasis on branded luxury experiences, which add operational appeal and global lifestyle positioning in RAK’s evolving premium segment.

BNW was also associated with a joint venture agreement with NewGenDigital to develop a strategic plot in RAK’s Beach District, underlining its project management and profitability capabilities.

Why BNW’s Entry Matters for RAK Real Estate

✔ Projects range from luxury waterfront living to branded residences, broadening Ras Al Khaimah’s product offering beyond traditional mid‑market housing.
✔ Partnerships with brands like Taj / IHCL increase the appeal for investors and lifestyle buyers.
✔ Strategic positioning on Al Marjan Island leverages future tourism and hospitality drivers, such as the Wynn Resort and broader RAK 2030 growth initiatives.
✔ BNW’s design‑led architecture differentiates its projects from standard off‑plan units, potentially supporting higher resale and rental demand as the area develops.

Market Position & Strength (UAE‑Wide)

BNW is rapidly emerging as a design‑forward real estate brand in the UAE, blending traditional development with lifestyle‑focused living spaces.

• Assets under development are reported at AED ~22+ billion, indicating significant market scale for a relatively young developer.

• Recognized by industry awards for luxury and innovation, building credibility beyond RAK.

• The leadership team combines financial strategy and creative vision, positioning BNW to scale sustainably across the UAE market.
  
  

Why Buyers & Investors Choose BNW

✔ Design‑driven homes with resort‑style concept and architectural distinction
✔ Strategic locations on Al Marjan Island — one of RAK’s most anticipated waterfront destinations
✔ Branded residence collaborations (Taj / FashionTV) that add lifestyle value and broader market appeal
✔ Product diversity — waterfront high‑rises, boutique low‑rises, branded apartments, and penthouses
✔ Growth alignment with RAK’s tourism‑led economic expansion and capital appreciation potential

Investor & Market Recognition

BNW has earned attention and awards from real estate bodies, including:

• Best Developer – Luxury at the Ultimate Realty Awards 2025

• Best Luxury Innovative Real Estate Developer at Luxury Lifestyle Awards 2025
  Such accolades reinforce BNW’s design excellence and elite positioning in the UAE property landscape.