UAE-based real estate developer BNW Developments has opened an office in Sydney, Australia, as it seeks to expand its international investor base and tap demand for residential property in Dubai and Ras Al Khaimah.

The Sydney office will serve Australian investors, wealth advisers, brokerage firms and real estate professionals seeking investment opportunities in the UAE, according to the company.

Headquartered in Dubai, BNW Developments has launched 13 projects and has 16 projects in its pipeline, with a combined gross development value of around AED 32 billion, or approximately $8.7 billion.

The company said the UAE’s residential market is attracting international investors on the back of rental yields, its tax regime and residency-linked investment programmes. According to BNW, residential properties in Dubai currently offer average rental yields of 6-10 per cent, compared with an average of 3.7 per cent in Australia.

The UAE does not levy personal income tax or capital gains tax on property sales. BNW also said eligible property investors can qualify for a renewable 10-year Golden Visa through investments of AED 2 million or more.

“ A growing number of Australian investors are looking beyond their domestic market and evaluating opportunities that offer income generation, international diversification and access to growing markets,” said Dr (CA) Ankur Aggarwal, Chairman and Founder, BNW Developments.

“Our Sydney office gives us a local platform to engage directly with investors and advisers while bringing our UAE development pipeline and market expertise closer to the Australian investment community,” he added.

Ras Al Khaimah is another focus market for BNW, with projects planned across Ras Al Khaimah Central, Al Marjan Island and the Beach District. The company cited figures showing that the emirate recorded AED 12.3 billion in residential sales across 6,600 transactions in 2025, with off-plan properties accounting for around 85 per cent of transactions. Foreign investors accounted for more than 60 per cent of buyers on Al Marjan Island, according to BNW.

BNW’s projects in Ras Al Khaimah include Tonino Lamborghini Residences and Radisson Blu Hotels and Residences. The developer has also announced Dolce Residences, in partnership with Wyndham Hotels & Resorts, on Al Marjan Island. The project comprises 93 residential units and five retail spaces.

The Sydney office was inaugurated on September 24 in Bella Vista, with more than 300 investors, wealth advisers, brokerage representatives and real estate professionals attending the event, the company said.