Blue Square Real Estate Developments, a well-established developer with a strong footprint across Lebanon, Egypt, Kuwait, and the wider GCC, has officially entered the UAE market with its debut project, Vayla Residences, located on Dubai Islands.
The project is an eight-storey residential building offering thoughtfully designed one- and two-bedroom apartments, along with a limited collection of one- to three-bedroom duplex residences tailored for contemporary urban living.
Blue Square was founded by a group of experienced real estate and business leaders with over three decades of regional expertise. The company brings together capabilities across real estate, construction, hospitality, food and beverage, and mixed-use developments, reflecting a proven track record of quality delivery and long-term value creation.
Supporting its real estate operations is Future Scaffolding & Aluminium Industries, a Dubai-based firm specialising in the supply and installation of advanced formwork systems and aluminium structures for major projects across residential, commercial, and infrastructure sectors.
Although Vayla Residences marks the company’s first official project in the UAE, its founders have delivered several successful developments across the region. These include Albergo Suites in Beirut, a serviced residence connected to Hotel Albergo; Danny Residences, a fully sold-out boutique mountain project in Lebanon; Qatameya Coast Villa in Egypt, a luxury beachfront property; and Furjan Townhouses in Dubai, a boutique cluster of contemporary homes in Jebel Ali.
In addition to real estate, the founders have played a key role in developing well-known consumer brands through Kout Food Group and Al Homaizi Food Industries, with a portfolio that includes global names such as Pizza Hut, Burger King, Applebee’s, Taco Bell, IHOP, Subway, and Al Rifai Roastery across the GCC and North Africa.
This diverse, cross-industry expertise shapes Blue Square’s development approach — combining operational excellence, purposeful design, and a strong focus on sustainable long-term value.