Lucretia Immobilier
Galaxy Realty
Galaxy Realty

Galaxy Realty Dubai: Three Decades of Craftsmanship Arrive in the UAE

Developer overview

From Kozhikode on India's Malabar Coast to the edge of Sheikh Zayed Road: that is the journey Galaxy Realty has made since P. M. Kunhamad founded it in 1994. After thirty years shaping Calicut's skyline, including the 50-storey Atmosphere tower, the brand marked its 30th anniversary by stepping into Dubai's property market. Its first launches, Jardin Astral in Jumeirah Garden City and Elyra in Liwan, target both end users and investors looking for well-crafted, accessibly priced off-plan apartments.

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Key figures

Founded in

1994

Complete guide

Galaxy Realty — everything you need to know

Galaxy Realty's Story: From Kozhikode to the Dubai Property Scene

The story of Galaxy Realty, known in India as Galaxy Builders, begins in 1994 in Kozhikode (Calicut), Kerala. Under its founder and chairman, Mr. P. M. Kunhamad, the company grew organically into one of South India's recognised residential developers, with a clear focus on premium and luxury homes.

Three decades of growth in Kerala

Over thirty years the group reports around 1,500,000 sq ft (roughly 140,000 m²) of constructed space and between 850 and 900 customers served, according to its own communications. Its portfolio includes well-known Calicut addresses such as The Ritz Marina, Pallazio Azure and Magnum Opus.

A strategic move into the Emirates

To celebrate its 30th anniversary, Galaxy Realty chose Dubai for its first international expansion. The decision makes sense: Keralites form a large part of the UAE's expatriate community, and many already know the brand from home. The developer's UAE approach rests on:

  • mid-sized boutique buildings in central or fast-growing districts;
  • club-style amenities such as rooftop lounges, pools and open-air cinemas;
  • flexible payment plans suited to first-time investors.

Its tagline, 'Evolving with you', sums up the ambition: to carry a proven Indian track record into a demanding international market while staying close to a customer base that already trusts the name.

Galaxy Realty Portfolio: Jardin Astral, Elyra and Kerala Landmarks

The Galaxy Realty portfolio falls into two parts: signature completed buildings in Kerala and the new Dubai projects now in their launch and construction phase.

Dubai projects

  • Jardin Astral – Jumeirah Garden City: a G+2P+8+R building (ground floor, two podium parking levels, eight residential floors and a roof with clubhouse amenities) near Sheikh Zayed Road. Completion scheduled for Q3 2026, with a 50:50 payment plan. Unit types: studios, 1, 2 and 3 BHK.
  • Elyra – Liwan: a residential project in the Dubailand area, priced from AED 757,000, with handover planned for 30 June 2029.

Landmarks in India

  • Atmosphere: billed as Kerala's tallest residential tower at 50 storeys and 167 metres.
  • The Ritz Marina: a prestige residence in Calicut.
  • Magnum Opus: the developer's signature project.
  • Eleve Maison and Pallazio Azure: upscale Kozhikode addresses.

Jardin Astral's standout amenities

The rooftop hosts an Aqua Lounge and a Silent Cinema, where residents watch films through wireless headphones under the night sky. The free-form pool is framed by landscaped gardens, sunken seating and a dedicated barbecue area. These features are aimed at working professionals and young families who want a calm setting just minutes from the city's main business hubs.

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Construction Standards and Design Philosophy Behind Each Building

Galaxy Realty built its Kerala reputation on a principle the group openly states: adding creativity, aesthetics and ethics to every project. In Dubai, that philosophy translates into modern, practical architecture rather than showy excess.

Design driven by daily living

  • Podium parking that frees up the ground level and lifts residential floors toward better views;
  • Rooftop communal spaces designed for Dubai's pleasant winter evenings;
  • generous landscaping, true to the 'garden' in Jardin Astral;
  • efficient layouts from studio to 3 BHK, well suited to the rental market.

A strict regulatory framework

Every off-plan project in Dubai must comply with the Dubai Building Code and Civil Defence requirements and be registered with RERA (Real Estate Regulatory Agency). Buyer payments go into a regulated escrow account and are released to the developer according to certified construction progress. These safeguards apply to Galaxy Realty just as they do to every developer in the emirate.

What buyers should check

Public sources do not currently list specific certifications (such as LEED or green-building ratings) or a detailed schedule of materials and fittings brands. Before booking, ask for the specification sheet, finishes list and main contractor's name, available through the project brochure and fact sheet. Visiting the group's Indian buildings or speaking with existing owners is another practical way to judge real-world finishing quality.

Delivery Record: 30 Years of Completed Towers in Kerala

The strongest argument for Galaxy Realty is longevity: more than 30 years of uninterrupted residential development, a rare credential among newer entrants to the Dubai market.

A tangible record in Kerala

  • Around 1.5 million sq ft built in Kozhikode;
  • between 850 and 900 customers according to company figures;
  • completed high-rise buildings, including the 167-metre Atmosphere tower;
  • residences such as The Ritz Marina and Magnum Opus that have become Calicut landmarks.

A UAE record still being written

In the Emirates, the developer does not yet have an established delivery history: Jardin Astral is scheduled for Q3 2026 and Elyra for mid-2029. Meeting those timelines will be the first real test of its local reliability. The total number of delivered projects and the group's revenue are not publicly disclosed.

How to track progress independently

Buyers can check official construction progress through the Dubai REST app or the Dubai Land Department (DLD) portal, both of which publish certified completion percentages. The registered off-plan contract (Oqood) sets out the handover date and the terms that apply in case of delay. With any newly arrived developer, this kind of independent monitoring is essential and complements the reputation the brand has earned in India.

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Why Invest with Galaxy Realty in Dubai: Payment Plans and Returns

Buying with Galaxy Realty means combining a reasonable entry price with the backing of an experienced, family-led group. Here are the key points to weigh.

Complementary locations

  • Jumeirah Garden City: a central district between Sheikh Zayed Road and Al Satwa, close to Downtown Dubai, DIFC and the World Trade Centre, popular with working tenants.
  • Liwan: a growing Dubailand community next to Dubai Silicon Oasis, offering lower entry prices and capital-growth potential.

Payment plans and tax advantages

Jardin Astral offers a 50:50 plan: half during construction and half on handover. Elyra starts from AED 757,000. Dubai levies no personal income tax on rental income and no capital gains tax for individuals, and gross rental yields across the city often range between 5% and 8% depending on location. Property investments of at least AED 2 million can also qualify owners for the UAE Golden Visa.

Customer support

The developer provides brochures, floor plans and a virtual walkthrough, direct contact by phone and WhatsApp, and a dedicated channel partner programme for agents. Details of after-sales service and rental management should be confirmed with the sales team.

In short, Galaxy Realty suits buyers who value the experience of an established builder while accepting the profile of a newcomer to the UAE market.

Frequently asked questions

FAQ — Galaxy Realty

Who is Galaxy Realty?

Galaxy Realty (Galaxy Builders in India) is a premium residential developer from Kozhikode, Kerala. Founded by P. M. Kunhamad, it has recently expanded into Dubai.

When was Galaxy Realty founded?

The company was founded in 1994. It celebrated its 30th anniversary by announcing its entry into the UAE real estate market.

What projects does Galaxy Realty have in Dubai?

Two projects are currently listed:

  • Jardin Astral in Jumeirah Garden City, completion scheduled for Q3 2026;
  • Elyra in Liwan, from AED 757,000, handover planned for 30 June 2029.
What is the payment plan for Jardin Astral?

Jardin Astral offers a 50:50 payment plan: 50% during construction and 50% on completion. Units range from studios to 3-bedroom apartments.

What is the starting price for a Galaxy Realty apartment in Dubai?

Elyra in Liwan starts from AED 757,000. Jardin Astral prices are available on request from the sales team.

Is my off-plan investment protected in Dubai?

Yes, under UAE law off-plan projects must be registered with RERA and buyer payments held in an escrow account. Verify a project's registration through the DLD or the Dubai REST app before paying.

Has Galaxy Realty delivered projects before?

Yes, in Kerala: around 1.5 million sq ft built, including the Atmosphere tower, The Ritz Marina and Magnum Opus. Its first Dubai projects are still under construction.