DIA Holding, the global company specialized in construction management, announced the conclusion of a long-term strategic partnership with UFC legend Habib Nur Mammadov, in a move that charts the features of a new chapter in the growing real estate sector in the UAE.
This partnership paves the way for the launch of a series of joint projects, initiated by LuzOra Residences, the upscale residential project in Dubai Islands, which is considered one of the most prominent residential destinations in the emirate.
The total value of the Lozora Residences project is approximately $70 million (256.9 million dirhams), and it was designed based on a unique concept that combines the atmosphere of hotels with the privacy of residences, to provide an experience in which the advantages of home ownership are integrated with the comfort of hotel services. The project targets a diverse segment of buyers, with 70% of the units allocated to investors and 30% to end-users, reflecting the growing demand in Dubai for high-yielding residential assets, coupled with a modern lifestyle.
Farukh Kurbanov, the company’s founder, said: “This partnership is based on a common vision and a single way of thinking, based on discipline, consistency, and the constant pursuit of results. Every project we complete reflects our commitment to accuracy and timely delivery, while embodying Habib’s journey, which makes him the ideal partner for us as we continue to expand the scope of our vision in the UAE.”
While Mammadov said: “In sports, as in the business world, success is based on discipline and the strength of the team, and what attracted me most about the company is their commitment to getting things done the right way, with calm, consistency and a clear goal.”
The project has recorded remarkable early momentum, as 38% of its units have been sold or reserved so far. Prices for one-bedroom apartments start from 1.7 million dirhams, which strengthens Lozora’s position as a competitive option within its distinguished location in Dubai Islands, and the project is expected to be delivered in August 2027.
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