Our Owner

Shubam Aggarwal

Chairman

Shubam Aggarwal is a visionary business leader and the driving force behind The Luxe Developers, a company that is reshaping the ultra-luxury real estate landscape in the UAE. With a proven track record of founding and scaling successful ventures in the IT and enterprise software sectors, Shubam brings a strategic mindset and entrepreneurial agility to every project he undertakes.

Recognising the immense potential of the UAE’s dynamic economy and its growing appeal among
global High-Net-Worth Individuals (HNWIs), Shubam, along with co-owner and Managing Director
Siddharta Banerji, established The Luxe Developers to cater to the rising demand for high-end
residential offerings that combine exclusivity with innovation.

Under his leadership, the company has delivered landmark developments, these include Oceano,
the company’s flagship twin-tower, and La Mazzoni, a luxury residence that incorporates
modern design, holistic lifestyle, and flexible business-ready living solutions.

The Luxe Developers also introduced Ras Al Khaimah’s most valuable residential properties to date, The Celest and The Stellar, each selling for over AED 90 million.

Under Shubam’s stewardship, The Luxe Developers continues to expand its presence across the UAE, setting new benchmarks in design, value, and investor appeal.

Shubam Aggarwal

Chairman

Shubam Aggarwal is a visionary business leader and the driving force behind The Luxe Developers, a company that is reshaping the ultra-luxury real estate landscape in the UAE. With a proven track record of founding and scaling successful ventures in the IT and enterprise software sectors, Shubam brings a strategic mindset and entrepreneurial agility to every project he undertakes.

Recognising the immense potential of the UAE’s dynamic economy and its growing appeal among global High-Net-Worth Individuals (HNWIs), Shubam, along with co-owner and Managing Director Siddharta Banerji, established The Luxe Developers to cater to the rising demand for high-end residential offerings that combine exclusivity with innovation.

Under his leadership, the company has delivered landmark developments, these include Oceano,
the company’s flagship twin-tower, and La Mazzoni, a luxury residence that incorporates
modern design, holistic lifestyle, and flexible business-ready living solutions.

The Luxe Developers also introduced Ras Al Khaimah’s most valuable residential properties to date, The Celest and The Stellar, each selling for over AED 90 million.

Under Shubam’s stewardship, The Luxe Developers continues to expand its presence
across the UAE, setting new benchmarks in design, value, and investor appeal.

Siddharta Banerji

Managing Director

Siddharta Banerji, Managing Director and Co-owner of The Luxe Developers, leverages a lifelong passion for mathematics and technology to distil complexity into clarity. This analytical perspective, combined with a curiosity for systems and structure, laid the foundation for a career that began in the enterprise software industry.

Today, that same ethos shapes his approach to luxury real estate: merging technical mastery with architectural ambition to reimagine how extraordinary spaces are conceived, designed, and delivered.

At The Luxe Developers, Siddharta’s approach is both analytical and creatively driven.He is 

responsible for shaping the company’s strategic and technical direction, guiding its evolution

into one of the most forward-thinking luxury real estate firms in the Middle East.

leadership, the company has launched landmark projects such as Oceano, an

ultra-luxurious twin-tower development on Al Marjan Island, which is home to the

emirate’s most expensive residences, and La Mazzoni, an opulent,  wellness-centric

AED 2.3 billion project that integrates biophilic architecture and co-working environments.

His leadership style embodies a blend of scientific precision and creative boldness, qualities that guarantee every project surpasses expectations and establishes new industry benchmarks.

Through a career encompassing technology, design, and entrepreneurship, Siddharta continually redefines what is possible in real estate, creating spaces that inspire, elevate, and endure.

Siddharta Banerji

Managing Director

Siddharta Banerji, Managing Director and Co-owner of The Luxe Developers, leverages a lifelong passion for mathematics and technology to distil complexity into clarity. This analytical perspective, combined with a curiosity for systems and structure, laid the foundation for a career that began in the enterprise software industry.

Today, that same ethos shapes his approach to luxury real estate: merging technical mastery with architectural ambition to reimagine how extraordinary spaces are conceived, designed, and delivered.

At The Luxe Developers, Siddharta’s approach is both analytical and creatively driven. He is responsible for shaping the company’s strategic and technical direction, guiding its evolution into one of the most forward-thinking luxury real estate firms in the Middle East. Under his leadership, the company has launched landmark projects such as Oceano, an ultra-luxurious twin-tower development on Al Marjan Island, which is home to the emirate’s most expensive residences, and La Mazzoni, an opulent, wellness-centric AED 2.3 billion project that integrates biophilic architecture and co-working environments.

His leadership style embodies a blend of scientific precision and creative boldness, qualities that guarantee every project surpasses expectations and establishes new industry benchmarks.

Through a career encompassing technology, design, and entrepreneurship, Siddharta continually redefines what is possible in real estate, creating spaces that inspire, elevate, and endure.

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