Industry Influencers & VisionariesCountriesMENAUnited Arab EmiratesWorld

Shitij Kapoor

CEO and Founder, Luxury Concierge Real Estate (LCRE)

Shitij Kapoor’s entrepreneurial journey started in 2002 when he entered the hospitality industry in India, a move that laid the foundation for his business acumen. Armed with a vision to set up a premier real estate firm that provides exclusive service and expertise in the property market, Kapoor relocated to Dubai, a hub for luxury real estate, in 2012.

His deep understanding of property investment and mentorship has earned him a coveted place in the industry, as LCRE has grown exponentially over the years to become one of Dubai’s leading luxury real estate agencies. Under Kapoor’s stewardship, LCRE registered a record $1.3bn in sales in 2021. The luxury real estate agency hit its pinnacle in 2024 with the record-breaking sale of a penthouse in Kempinski The Boulevard for a whopping Dhs80m.

Kapoor successfully brokered the sale of two luxurious houses on Palm Jumeirah: one on the M frond for Dhs120m and another on the K frond for Dhs110m. He also facilitated a notable transaction in Emirates Hills’ prestigious L sector, selling a house for Dhs145m. These high-value deals set new market benchmarks and showcased his exceptional ability to capitalise on prime real estate opportunities.

His impressive portfolio in 2024 includes significant projects in collaboration with AHS Properties. Together, they sold major projects like One Canal and One Crescent, collectively valued at Dhs410m. These ventures exemplify Kapoor’s visionary approach and his capability to handle large- scale real estate transactions.

Redefining luxury living

Beyond brokerage, Kapoor is venturing into real estate development across Dubai, with projects ranging from Dhs20m to 250m.

The businessman’s focus on high-end villas in prime locations such as Sobha Hartland, Palm Jumeirah, Emirates Hills, and Dubai Hills Estate underscores his commitment to shaping Dubai’s luxury real estate landscape. These areas represent the pinnacle of luxury living, and Kapoor’s efforts aim to enhance this elite market.His journey is a testament to hard work, perseverance,
and compassionate leadership.

As a prominent figure in the real estate industry, his leadership style—marked by ambition, dedication, and empathy – has been crucial to LCRE’s remarkable growth.

Kapoor not only exemplifies the power of vision and commitment but also inspires others to dream big, stay dedicated, and lead with integrity. His story encourages the next generation of real estate professionals to pursue excellence with a strong sense of empathy.

Source
https://gulfbusiness.com/

Gulf Estate Gazette

Gulf Estate Gazette is a leading source for comprehensive insights into the dynamic real estate landscape of the GCC and MENA region. Our platform is dedicated to providing valuable information and perspectives for individuals, investors, and industry professionals. With a passionate team and an unwavering commitment to excellence, we aim to empower our audience with the knowledge and opportunities needed to thrive in the ever-evolving world of real estate in the Gulf and beyond.

Related Articles

Back to top button