Name: Faruh Kurbanov
Designation: Chief Executive Officer
Company: DIA Properties
Category: Developer Titans
Faruh Kurbanov is not just a developer, he is a financial strategist, investor, and philanthropist focused on creating long-term, sustainable value. With over two decades of experience in the construction industry, he has co-founded DIA Holding and FBK Construction, delivering more than half a million square meters of residential, commercial, and social infrastructure. His guiding principle, “Live and benefit others,” shapes both his business approach and his commitment to community development.
In 2024, Kurbanov co-founded DIA Properties in Dubai, bringing his integrated development philosophy to one of the world’s most dynamic real estate markets. DIA Properties was established with a clear mission: to deliver real estate projects that combine strong investment potential with meaningful social impact. Unlike traditional developers, DIA focuses on creating holistic ecosystems, not just buildings. Its developments are designed to generate long-term asset value, enhance residents’ quality of life, and contribute to the broader community.
The company’s first project, LuzOra, located on Dubai Islands, reflects this philosophy in action. LuzOra is designed as an elegant fusion of lifestyle, technology, and investment thinking. Featuring EV charging stations, smart home systems, golf carts, and thoughtfully curated recreational areas, LuzOra caters to both sophisticated residents and savvy investors. One of its most distinctive features is the flexibility of its two-bedroom units, which can be divided into two fully independent apartments, enabling dual short-term rental streams. This modular concept has the potential to deliver annual yields of up to 14%, significantly outperforming Dubai’s average returns.
Kurbanov’s emphasis on innovation extends into every phase of DIA’s operations. From incorporating automation and AI into the construction process to designing investor-oriented living spaces, every decision reflects a clear focus on ROI, scalability, and future-proofing. LuzOra represents the blueprint for how DIA plans to redefine residential real estate in the UAE, balancing speed of execution, premium quality, and intelligent financial structuring.
Beyond profitability, Kurbanov remains deeply committed to philanthropy. Through initiatives like the Mereke Charitable Foundation and the launch of free educational hubs such as SANA Bilim and SANA Edu, his social impact mirrors the same long-term vision that drives his business ventures. With DIA Properties, Kurbanov’s legacy is taking shape, creating properties that don’t just serve markets, but shape communities.
