Vivek Oberoi's Journey: Building a Rs 1200 Crore Real Estate Empire in Dubai
Vivek Oberoi, who is best remembered for his romantic lead in Saathiya (2002), has made headlines once again, this time not for his film roles, but for his thriving business empire. The 48-year-old actor has reportedly built a real estate portfolio worth over Rs 1200 crore, a figure that has sparked surprise and admiration alike.
In a recent interview with Dubai Property Insider, Vivek credited his move to Dubai as the turning point in his entrepreneurial journey. He shared that he initially relocated to the UAE during the COVID-19 pandemic as a temporary move, but what began as a short-term shift ended up becoming a long-term lifestyle decision. “I came here during COVID initially. It was supposed to be a short-term move, and I just loved the experience,” Vivek said, adding, “I asked my family, and democratically, the family voted to stay. It’s so close to home that we don’t feel we are far away. We fly home for the weekend, fly home every holiday that we get, and now slowly, over the last 4 years, this has started feeling more like home.”
Vivek praised Dubai for providing the ideal mix of safety, freedom, and business opportunity. He believes that the UAE’s welcoming atmosphere has been key to his success. “You have complete freedom. Just respect the local laws, customs, and people, and you have no problem. It’s a conflict-free, relaxed space where you can thrive,” he added.
The actor, who began his journey in Bollywood with Ram Gopal Varma’s Company, is the son of veteran actor and businessman Suresh Oberoi. Though known for films like Yuva, Omkara, and Shootout at Lokhandwala, Vivek has long harboured a passion for business. He reportedly became a crorepati in his teens through early investments. Today, Vivek heads BNW Developments, a UAE-based luxury real estate firm. According to Fortune India, the company’s current valuation stands at a staggering USD 7 billion in assets.
Vivek’s success in the real estate sector is a testament to his strategic acumen and the supportive environment of Dubai. His journey from a Bollywood actor to a prominent real estate developer highlights the diverse opportunities available in the UAE. With a strong focus on luxury developments, BNW Developments continues to grow, contributing significantly to Dubai’s thriving real estate market.
