VHS Developments Dubai: New-Generation Luxury in International City

VHS Developments was founded in Dubai by Jaikishan Khatwani and Vikram Khatwani. It is a new-generation real estate brand focused on high-quality, sustainable and luxury projects across the UAE and India. Rather than chasing volume, the company says its purpose is to develop landmarks while fostering lasting communities. Its tagline sums this up: ‘Building tomorrow's landmarks with today's trust’.

Core values

• Integrity & Trust: transparent relationships with buyers and partners
• Innovation & Excellence: contemporary architecture and smart technology
• Sustainability & Community: projects designed around wellbeing and shared spaces
• Quality & Craftsmanship: close attention to finishes and detailing

Positioning in the UAE market

Dubai's off-plan segment is crowded with both master developers and boutique players. VHS positions itself in the boutique, amenity-rich category. Its projects are of manageable scale, in well-connected locations, and priced for both end users and yield-focused investors. Three pillars appear throughout its communications: prime locations, timely delivery and premium craftsmanship.

Its dual footprint is also notable. Alongside its Dubai debut, the group lists residential projects in Jaipur, India, so the founders have experience in two very different markets. For buyers, this cross-border presence shows a team that has worked through planning, sales and construction cycles beyond a single project. The UAE portfolio itself, however, is still at an early stage.

The VHS Developments portfolio currently includes one flagship in Dubai and two residential projects in Jaipur. Crystal Tower is the brand's calling card in the UAE and the project most relevant to international investors.

Featured projects

• Crystal Tower: International City, Dubai. Off-plan residential tower, prices from AED 694,999, handover scheduled for 31 March 2028
• Shobha Divine: Jaipur, India. Residential development
• Avenue Ville: Jaipur, India. Residential community

Crystal Tower at a glance

VHS markets Crystal Tower as a contemporary masterpiece that blends architecture, technology and luxury. The tower sits at the heart of International City. It has fast links to Al Awir Road (E44), Emirates Road (E611) and Sheikh Mohammed Bin Zayed Road, and it is close to Dragon Mart, Dubai Silicon Oasis and Academic City. Its amenity programme is unusually rich for the area:

• Sky lounge and infinity pool deck
• Resort-style pool experience
• Fitness centre and outdoor sports & wellness zone
• Indoor golf simulator and luxury library lounge
• Family play & activity zone
• Fine dining and lounges
• EV charging parking

The tower offers residential apartments. Buyers should confirm exact configurations, sizes and floor plans directly with the developer or an authorised broker, as availability changes during the sales phase.

Crystal Tower is still under development. The best way to assess VHS Developments' quality standards is therefore to look at three things: its stated design philosophy, the specifications it publishes and the regulatory framework every Dubai project must follow.

Design philosophy

VHS describes its work as a blend of architecture, technology and luxury. In practice, this means placing lifestyle amenities, usually reserved for high-end waterfront towers, within a more accessible community. Features such as EV charging, an indoor golf simulator and a sky-level infinity pool reflect a focus on modern, tech-aware living and wellbeing.

Sustainability commitments

Sustainability is one of the company's four core values. Dubai's building code already requires new projects to meet the Al Sa'fat green building standards, which cover energy efficiency, water use and materials. EV-ready parking also supports the emirate's clean mobility goals.

Regulatory safeguards

• Registration with the Dubai Land Department and RERA
• Mandatory escrow accounts for off-plan payments under Law No. 8 of 2007
• Staged inspections by Dubai Municipality and Civil Defence
• A completion certificate required before handover

VHS has not publicly listed third-party certifications for its projects. Before signing, buyers should request the material specification sheet and the names of the main contractor and consultant. They should also verify the project's registration through the DLD's official channels.

VHS Developments promotes timely delivery as one of its three brand pillars. As a new-generation developer, however, its UAE track record is still being written. Crystal Tower is its first publicly marketed Dubai project, with handover scheduled for 31 March 2028.

What the record shows so far

• One active off-plan project in Dubai (Crystal Tower, International City)
• Two residential projects listed in Jaipur, India (Shobha Divine and Avenue Ville)
• No publicly documented completed handovers in the UAE to date

How to evaluate delivery risk

With newer developers, due diligence matters more than marketing claims. Dubai's regulatory system offers useful tools:

• Check the construction progress percentages the DLD publishes in the Dubai REST app
• Confirm that payments go to the project's registered escrow account
• Ask for construction-linked milestones in the Sale and Purchase Agreement (SPA)
• Review the delay and compensation clauses before signing

Visiting the site regularly and monitoring milestone updates will give a clearer picture than any brochure. On-schedule delivery of Crystal Tower would give the brand a strong first reference in the UAE. If the developer meets its commitments, early buyers who enter at launch pricing typically benefit most. If there are delays, the buyers who paid the most upfront are the most exposed. That is why a construction-linked payment schedule and close monitoring are so important.

Investing with VHS Developments offers an accessible ticket size in a location known for strong rental demand. Here are the main arguments, along with the points to check.

ROI potential

International City has long ranked among Dubai's highest-yielding communities. Gross rental yields there are frequently cited in the 7–9% range. Two factors drive this: affordable rents and steady demand from professionals working in Dubai Silicon Oasis, Academic City and the logistics hubs along Al Awir Road. A new, amenity-rich tower can also command higher rents than the area's older buildings.

Entry price and payment plans

• Prices from AED 694,999
• Off-plan payment plan structured around construction milestones (confirm current terms with the developer)
• Handover target of Q1 2028, leaving time to spread payments
• A 4% DLD transfer fee to budget for
• No annual property tax and no income tax on rental earnings in the UAE

After-sales and ownership

VHS emphasises trust and long-term communities. Buyers should still ask for details of the planned property management, snagging process and service charges. International City is a freehold zone open to foreign nationals. Investors who buy property worth AED 2 million or more, including across multiple units, may qualify for the UAE's 10-year Golden Visa.