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Coral Isle by USquare X Grovy Grand Launch at St. Regis Dubai

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Coral Isle by USquare X Grovy Grand Launch at St. Regis Dubai

A Grand Launch event for USquare Luxe Properties flagship project Coral Isle by USquare X Grovy was organized on 15th May 2025, at St. Regis Dubai.

It was an evening to remember with major investors, family and friends attended.

USquare Luxe Properties Owners, Mr. Muhammad Umeed and Mr. Ubaid Ur Rehman Shaikh attended the event, speaking with the guests, owners echoed that USquare Luxe Properties is building on trust with both investors and customers.

They emphasized that USquare Luxe Properties will continue to bring more exciting projects in near future.

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Mr Ubaid Ur Rehman Shaikh, Chairman USquare Luxe Properties, described the signing of AED 175m JV with Grovy Real Estate Developer facilitated by Coldwell Banker as a delightful experience

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Mr Ubaid Ur Rehman Shaikh, Chairman USquare Luxe Properties, described the signing of AED 175m JV with Grovy Real Estate Developer facilitated by Coldwell Banker as a delightful experience

Talking to Khaleej Times and Zawya, Mr Ubaid Ur Rehman Shaikh, Chairman USquare Luxe Properties, said:

“This is our first joint venture project that was liaised by Coldwell Banker and it has been a delightful experience. Also, a positive outlook on the luxury real estate sector is encouraging. Our collaborative efforts have developed a holistic perspective for the project prioritising convenience, privacy, security, sustainability, and smart technology; as few of the non-negotiables for our high-end apartments.”

Left to Right: Dharamvir Singh, commercial sales and leasing manager, Coldwell Banker; Abhishek Jalan, co-founder, Grovy Real Estate Developer; Ubaid Ur Rehman Shaikh of U Square Luxe Properties; Ayman Youssef, managing director, Coldwell Banker

https://www.khaleejtimes.com/kt-network/coldwell-banker-facilitates-dh175m-jv-for-luxury-dubai-islands-residences

The two developers, Grovy Real Estate and U Square Luxe Properties signed an agreement to the joint venture through Dharamvir Singh Chauhan, who heads the Commercial department of Coldwell Banker. Co-founded by Abhishek Jalan, Grovy Real Estate is Dubai’s leading boutique developer; and U Square Luxe Properties, founded by entrepreneurs Muhammad Umeed and Ubaid Ur Rehman Shaikh, is known for high-end luxury villa development.

Positioned as an upgraded version of the iconic Palm Jumeirah, the project, valued at AED 175 million, will be developed at the much-anticipated Golf Community in the Dubai Islands.

The project will house well-proportioned apartments for families, encompassing more than 30 amenities including an infinity pool, Jacuzzi, and theatre to heighten the lifestyle quotient. Responding to the rising demand for sustainable and energy-efficient homes, the project will be equipped with an advanced waste control system and, the residences will be designed to minimize heat and maintain a cool environment indoors.

https://www.zawya.com/en/press-release/companies-news/coldwell-banker-facilitates-aed-175mln-jv-for-luxury-dubai-islands-residences-fh64ngs6

The joint venture plans to remain steadfast on its vision to develop a premium residential space characterized by infrastructure of exceptional quality, exclusivity, and world-class amenities. The project will attract buyers across consumer segments like those investing in second homes, for rental income and quick buy and sell to optimize profits. 

ZZZ Developers launched ZZZ Luxe Living Bahria Town, Karachi, Pakistan in Canadian Pakistan Business Council 41st Anniversary Gala

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ZZZ Developers launched ZZZ Luxe Living Bahria Town, Karachi, Pakistan in Canadian Pakistan Business Council 41st Anniversary Gala

Three Z Holding subsidiary ZZZ Developers successfully launched their flagship project ZZZ Luxe Living, Bahria Town, Karachi, Pakistan in Canadian Pakistan Business Council 41st Anniversary Gala.

This exclusive event was held in Toronto, Canada, Chief Guest, Mary Ng, Minister of Export Promotion, International Trade and Economic Development, Canada deliver her insightful remarks and stressed the importance of strengthening business relations between Canada and Pakistan.  

ZZZ Luxe Living is a Ground plus 28 floor marvel in the vibrant Theme Park Commercial area of Bahria Town, Karachi, this project will redefine the concept of luxury living in Pakistan, it has 2, 3 &4 bedroom apartments, duplex apartments and penthouses with world class amenities like swimming pool, gym, sauna, gaming zone, café, banquet hall and much more.

In his message to the event Mr Ubaid Ur Rehman Shaikh, Chairman, Three Z Holding & ZZZ Developers said:

“I was born in Pakistan, my motherland has enormous potential and wonderful opportunities. We are bringing the experience we gained by working in some of the top metropolis of the World. My dream is to see Karachi among London, Dubai, New York, Cape Town etc. and with this in mind we launched ZZZ Luxe Living, which will change the definition of luxury living in Pakistan, we are not the herd we are the trendsetter and time will prove it”

Further details about ZZZ Luxe Living can be found at:

https://luxeliving.zzzdevelopers.com

Three Z Holding Limited subsidiary U Square Luxe Properties LLC signed a Joint Venture for development in Dubai Island with Grovy Real Estate Development LLC

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Three Z Holding Limited subsidiary U Square Luxe Properties LLC signed a Joint Venture for development in Dubai Island with Grovy Real Estate Development LLC

Mr Ubaid Ur Rehman Shaikh shaking hands with Mr Abhishek Jalan after signing the deal

Three Z Holding Limited subsidiary U Square Luxe Properties LLC is very excited to announce their mega project in Dubai Island.

A Joint Venture for development is signed with Grovy Real Estate Development LLC on 28/02/2024 at Three Z Holding Limited Headquarter.

This is a brand new development in Dubai Island, with a Gross Floor area of 87,462 sqft, 8 floor residential unit with world class amenities will be build in 3 year completion time.

Explaining his vision Chairman Three Z Holding Limited Mr Ubaid Ur Rehman Shaikh said:

‘This project is part of the many exciting plans we have here at Three Z Holding Limited, we will continue to develop prime real estate land in Dubai for our community with world class amenities and I am proud to announce that we have an exciting future ahead of us’

Mr Ubaid Ur Rehman Shaikh, Chairman Threez Holding Limited and ZZZ Developers attended ground breaking ceremony of ZZZ Luxe Living Bahria Town Karachi

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Mr Ubaid Ur Rehman Shaikh, Chairman Threez Holding Limited and ZZZ Developers attended groundbreaking ceremony of ZZZ Luxe Living Bahria Town Karachi

It was a sunny day in Bahria Town Karachi, a perfect stage for the historic ground-breaking ceremony for ZZZ Developers flagship project ZZZ Luxe Living, which will change the luxury life style concept for ever in Pakistan.

Chief Guest Mr Ubaid Ur Rehman Shaikh with Guest of Honour Mr Mohiuddin Shaikh

Mr Ubaid Ur Rehman Shaikh was the Chief Guest with his loving Dad Mr Mohiuddin Shaikh as Guest of Honour.

Mr Ubaid Ur Rehman Shaikh cutting ribbon along with Mr Mohiuddin Shaikh
Ribbon cutting ceremony

ZZZ Luxe Living, a 28 floor project is in a prime location at Bahria Town Karachi and a stone’s throw from Bahria Town commercial theme park. This project has all the world class amenities including, swimming pool, gaming room, banquet café hall, pool room, extravagant lobby & reception and much more.

Mr Ubaid Ur Rehman Shaikh with respected guests

The event was attended by ZZZ Developer Coordinator Mr Mohsin Mazhar along with:

  • Mr Saleh Muhammad Memon – CEO M/s. SME Engineering
  • Architect Shahbaz Hussain – Partner M/s. The Grey House
  • Architect Ahmed Ali & Architect Saad Shah – Partner M/s. Identity Studio
  • Engineer Rameez Bilwani – Principal Engineer M/s. Yaqoob & Rameez Associates
  • Engineer Asghar Siddiqui – CEO M/s. Eleken Associates
  • Engineer Uzair – Design Engineer M/s. Eleken Associates
  • Mr Laiq Ahmed Siddiqui – CEO M/s. Haris & Co.
  • Mr Haris Siddiqui – Director M/s. Haris & Co.
  • Mr Nehad Saleem – Founder M/s. Team Effect Co.
The team behind ZZZ Luxe Living Bahria Town Karachi

Addressing the gathering Mr Ubaid Ur Rehman Shaikh said:

‘My family members and dear friends,

I thank you all from the bottom of my heart for coming down at the ground-breaking ceremony today. It was lovely to see you all and specially it’s so motivating for me to be circled by so many sincere individuals, I can see the passion for this project and will pray to Allah that this project will bear fruits for everyone.

I know times are hard, it’s very uncertain, prices are changing on a daily basis and I can go on and on..but.. I would like to remind you in every crisis there is an opportunity and this is our opportunity and WE WILL HOLD IT WITH BOTH HANDS, InshsaAllah

Once again thank you everyone and may Allah keep showering us with rehmat.. ameen’

Ubaid Ur Rehman Shaikh with respected guests

Threez Holding Limited Chairman Mr Ubaid Ur Rehman Shaikh hold a Namal Scholarship Club Event at Palm Jumeirah Dubai

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Threez Holding Limited Chairman Mr Ubaid Ur Rehman Shaikh hold a Namal Scholarship Club Event at Palm Jumeirah Dubai

Mr & Mrs Ubaid Ur Rehman Shaikh, hold Namal Scholarship Club event and dinner reception at their home in Palm Jumeirah, Dubai with Chief Guest Mrs Aleema Khan, Member of the Board of Governors Namal University, Pakistan.

Mr Ubaid Ur Rehman Shaikh explaining his vison to bring nations together for the betterment of the humanity to Mr Abdul Latif Abdulla AlMulla

It was a pleasant Friday evening in Dubai, the place is Mr & Mrs Ubaid Ur Rehman Shaikh’s exquisite house in Palm Jumeirah onlooking the skyline of Dubai with guests eagerly waiting for Mrs Aleema Khan.

Mr Ubaid Ur Rehman Shaikh explaining how different nations can come together and provide education for under privileged youth of Pakistan

Namal Scholarship Event was organised to promote educational activities by Namal University, spread awareness in the community and of course motivating more and more people to join Namal Scholarship Club.

This event was part of Mr Ubaid Ur Rehman Shaikh’s vision regarding how nations can work together for the betterment of the Humanity

The event started with a video by Mr Imran Khan, explaining his vision for Namal University and the importance of knowledge city, followed by a presentation from Mrs Aleema Khan, she shed light on the role of knowledge cities in an under developed country like Pakistan.

Mr Abdul Latif Abdulla AlMulla, a prominent businessman from UAE asking question

There was a detailed presentation about the concept, campus and how this Pakistan’s first knowledge city is brining change in the community, followed by a very engaging Q&A session where guests from different business sectors expressed their keen interest.

Mr Ubaid Ur Rehman Shaikh life time vision is to work for the humanity and lift people from poverty so they can provide for their family, secure their future and become better human asset for their county. He believes that not only privileged people come together to work for the betterment of the people but most importantly nations should work together as well, they should share their resources and built a better World for our children.

Keeping this in mind he pitched this idea to his circle of well-connected businessmen and he takes pride when he announced that this is the first time in Namal Scholarship Club history that two non-Pakistanis joined Namal Scholarship Club. He vowed to continue bringing people from different nations in line with his vision.

Mr Wissam Damaa, a respected businessman in the UAE asking question

Speaking to the audience, Mr Ubaid Ur Rehman Shaikh said:

‘I am always inspired by the motivation and sheer commitment of Imran Khan and say to myself that his vision for humanity is in line with my philosophy because I am a humanist. I also believe that people with all the resources are in a better position to bring change in their immediate vicinity.

Our beloved Prophet Muhammad SAW stressed on importance of charity throughout his life, the topic of charity is been discussed in Quran and you can find mustanid hadees regarding this as well. I ask my self this question why? And the answer I get is because this will make you thankful to Allah to what you have, makes you humble and trust me on this when I say the satisfaction you get from inside through this act is higher than any worldly possessions one might have’.

 He further added:

‘Our beloved Prophet Muhammad SAW also stressed on education, there is a hadees which says, a muslim is compatible with his time. How can one be compatible, in my eyes through education’.

Mr Ubaid Ur Rehman Shaikh explaining his vision on how nations can work together

On closing remarks Mr Ubaid Ur Rehman Shaikh said:

‘I strongly believe and this is my vision that nations should work together on different projects for the under privileged, it could be a basic necessity project like providing clean water, providing basic health care or providing world class education to children who cannot afford it. And I am proud to announce that this is the first time in history of Namal that two non Pakistanis joined Namal Scholarship Club on my call.  We can provide this platform to them so they can make informed decisions and will bring the social change in Pakistan, they are the future of Pakistan, which is very bright. Insha Allah ‘

There was a lavish dinner after the presentation, which was thoroughly appreciated by the guests.  

Dinner was followed by a certificate awarding ceremony for those who joined Namal Scholarship Club.

Mr Abdul Latif Abdulla AlMulla, one of the first non-Pakistani national joined Namal Scholarship Club with his sons
Mr Wissam Damaa, a non-Pakistani national joined Namal Scholarship Club, receiving his certification from Mrs Aleema Khan
Mrs Aleema Khan presenting certificate to Mr Abdul Latif Abdulla AlMulla

Mr & Mrs Ubaid Ur Rehman Shaikh thanked everyone in the end and promised to keep on helping the community.

Threez Holding Limited is entering into Al Furjan with a bang!

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Threez Holding Limited is entering into Al Furjan with a bang!

13/02/2023 

Al Furjan (simply called Furjan) is a vibrant and popular residential area in Dubai, a friendly villa community, Furjan is located between Sheikh Zayed Road (E11) and Sheikh Mohammed Bin Zayed Road (E311).

Threez Holding Limited acquired strategic land to build world class luxury villas with excellent amenities for customers with a medium budget range. Explaining his vision Threez Holding Chairman Mr. Ubaid Ur Rehman Shaikh said:

‘This is a revolutionary project by Threez, I strongly believe that luxury cannot only be achieved by spending multi million Dirhams but can also be achieved by remaining in your budget, this a concept which gives confidence to our working class customers living on a monthly fixed income, that their lifelong dream of owning a luxury house in Dubai can now become a reality.’

Threez Holding Limited subsidiary ZZZ Project Management will be leading this project.

Further details will be updated on these pages in future.

Threez Holding Limited hired Saota for their project at La Mer Dubai

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Threez Holding Limited hired Saota for their project at La Mer Dubai

23/01/2023

Threez Holding Limited hired Saota, https://www.saota.com award-winning international architecture firm working across six continents with expertise in master planning, commercial, hospitality, residential & public developments.

They took the time to complete the design phase, which is a master piece, every aspect in design phase was carefully considered to achieve optimum result as this is a high end luxury development Dubai project with a multimillion dollar budget.

The design phase is now completed and currently it’s in the licensing phase.

Further news will be updated in future regarding this project.

Threez Holding Limited property at Palm Jumeriah Dubai has won Architecture, Construction and Design Awards 2022

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Threez Holding Limited property at Palm Jumeriah Dubai has won Architecture, Construction and Design Awards 2022

16/01/2023

Threez Holding Limited property at Palm Jumeirah Dubai has won one of the industry leading Architecture, Construction and Design Awards 2022 in Women in Construction Award (Built) category. 

This was announced by Chairman Threez Holding Limited Mr Ubaid Ur Rehman Shaikh, further he added that:

‘This is an auspicious moment not only for Threez Holding but also for ZZZ Project Management, this shows the level of hard work and immense commitment by our work force, I would like to take this opportunity to thank all our staff for their brilliant work and continue to ask their support to achieve my vision for Threez Holding as the market leader’.

This project was managed by ZZZ Project Management, B8 Architecture was chosen for this challenging project, it was led by B8 Design team, Kristina Bråteng & Anas Rustum, they did an excellent job by giving this Garden Home villa a complete renovation with a modern contemporary interior and a mix of Mediterranean & contemporary exterior, which brings this luxury property to life.

Threez Holding Limited subsidiary company ZZZ Project Management completed the first high end villa renovation at Palm Jumeirah in collaboration with B8 Architecture

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24/10/2022

ZZZ Project Management, a subsidiary of Threez Holding Limited completes the first high-end villa renovation at Palm Jumeirah in collaboration with B8 Architecture. This brand-new Garden Home villa has been completely renovated throughout, with a modern contemporary interior and a mix of Mediterranean and contemporary exterior, that brings this luxury property to life. The villa boasts higher ceilings and open spaces featuring larger and elegant windows that flood the space with natural light and give it a bright atmosphere. 

Designed by B8 Architecture, the property also features a fully integrated smart home system, a private office, walk-in wardrobes, branded bathrooms, driver’s quarters and a plethora of other beautifully designed details throughout.