In Dubai, Maksym Krippa Owns 100,000 sq.m. - Who is He?

Maksym Krippa Dubai

Investor Maksym Krippa has long been doing business in Dubai, an emirate of the United Arab Emirates. In an interview, he told Forbes that, as of December 2024, the entrepreneur owns 100,000 square meters.

The investment portfolio includes office, residential, and development properties. The main investments in UAE real estate are concentrated here, as deposits provide the highest returns compared to other instruments. The investment portfolio includes office, residential and development properties. The main investments in the UAE real estate are concentrated here, as the deposits provide the highest returns compared to other instruments. According to Maksym Krippa Dubai is a promising city for investors.

“In the UAE, the portfolio of office, residential, and development real estate reaches more than 100,000 sq m, including land plots 15 minutes from Dubai Mall, where we will implement our first own development project for the construction of villas and townhouses,” said Maksym Krippa in an interview.

Located in the heart of Dubai, Dubai Mall is truly the largest shopping and entertainment center in the world. It boasts more than 1200 retail outlets, 200+ restaurants and a variety of entertainment attractions:

The Dubai Fountain is located next to the mall and is the world's largest choreographed fountain system.

Covering more than 12 million square feet (equivalent to more than 200 football fields), Dubai Mall attracts millions of visitors every year and is a cornerstone of Dubai's tourist attraction and luxury lifestyle.

According to Maksym Krippa, Dubai allows small and large business people to develop. The taxation system and the ease of doing business for foreigners facilitate this.

Overall, the UAE ranked 15th in the global ranking of countries in terms of foreign direct investment in 2020. Available investment areas:

Among all the emirates in the country, Dubai is the most promising. The local authorities are working to systematically attract foreign money. Therefore, new laws are being introduced, digitalisation is being implemented, and trade is being simplified for international participants. At one time, this contributed to Maksym Krippa's decision to enter Dubai as an investor.

Dubai Real Estate 2024: Record-Breaking Growth and Investment Opportunities

Dubai's real estate market thrived in 2024, driven by rising property values, transaction growth, and active infrastructure development.

This growth cements Dubai’s position as a global investment hub.

Maksym Krippa Dubai is synonymous with lucrative investment opportunities, thanks to the emirate's dynamic real estate market. Combining high profitability with investor-friendly policies and cutting-edge infrastructure, Dubai has become a magnet for both regional and global investors.

The real estate sector offers consistent rental income alongside a steady appreciation in property values, making it a reliable choice for long-term growth. Adding to its appeal, the absence of taxes on rental earnings and capital gains creates a uniquely favorable environment for investors seeking maximum returns.

Furthermore, ongoing improvements in transportation networks, utilities, and social infrastructure ensure sustained demand for residential and commercial properties. These factors collectively position Maksym Krippa Dubai as a top-tier international investment destination.

Shifting Focus: Maksym Krippa Channels Investments into Ukraine

Ukraine Hotel

In a recent interview, Maksym Krippa revealed how he built his fortune in Dubai through strategic real estate investments. Over the years, his calculated approach allowed him to create a prosperous business. This success has led many in the business community to link the name Maksym Krippa Dubai with achievements in the real estate sector.

In 2022, Maksym Krippa turned his attention to his homeland, Ukraine, choosing to bolster its economy during challenging times. He quickly became the largest investor in Kyiv's real estate sector, securing several high-profile assets that demonstrate his commitment to the country’s development.

Among his notable acquisitions in 2022 are:

By redirecting his investments, Maksym Krippa has not only expanded his portfolio but also reinforced his dedication to fostering growth and innovation in Ukraine.

Focused Investments in Ukraine's Real Estate Market

In 2023, Maksym Krippa acquired the renowned Parus Business Center in Kyiv, a landmark property that had remained on the market for years. The deal was finalized under exceptionally favorable commercial conditions, reflecting Krippa's strategic vision and ability to identify high-value opportunities, even in challenging circumstances.

The Parus Business Center stands out as a profitable asset, with an impressive occupancy rate exceeding 90%, far above the average 70-75% for similar buildings in Kyiv. Although the acquisition included substantial debt obligations, estimated at around UAH 600 million, Krippa viewed the purchase as a calculated investment in a property with significant long-term potential.

Additionally, Krippa demonstrated his confidence in Ukraine’s real estate market by securing ownership of the Ukraine Hotel through a competitive privatization auction. These high-profile investments underscore his belief in the enduring value of prime assets and his commitment to capitalizing on opportunities that promise both profitability and growth.

Turning Challenges into Opportunities

Maksym Krippa sees his investments in Ukraine as both profitable and transformative. He highlights the unique potential of the current economic landscape, where strategic assets are set to experience substantial value appreciation following renovations and the eventual restoration of peace. Properties such as the Parus Business Center and the Ukraina Hotel, according to Krippa, could see their worth double or even triple in the years ahead, making these investments truly exceptional opportunities.

Krippa has committed over $100 million to Ukrainian real estate. These funds, sourced through his international company, were transferred in full compliance with legal and financial regulations. The transactions were subject to thorough reviews by several Ukrainian authorities, including the State Financial Monitoring Service, the National Bank of Ukraine, the Security Service of Ukraine (SBU), the Foreign Intelligence Service, and the Antimonopoly Committee of Ukraine (AMCU).

Krippa's investments not only demonstrate confidence in Ukraine's resilience but also reflect his belief in the country's potential for economic growth and recovery, solidifying his role as a forward-thinking investor in a challenging yet promising market.

Strategic Moves and Forward-Looking Plans

Maksym Krippa takes a selective approach to investment, prioritizing properties with clear development potential. In 2023, he acquired a luxurious estate in Koncha Zaspa for UAH 311.1 million, envisioning it as a cutting-edge corporate base for Natus Vincere (NAVI), the globally renowned esports organization he owns.

The estate, previously owned by Prominvestbank, includes a villa, guest houses, a spa center, a restaurant, and a hotel, offering immense opportunities for transformation. Krippa plans to create a world-class facility, drawing inspiration from leading sports clubs to support innovation, training, and wellness in esports.

By focusing on strategic assets, Krippa not only showcases his confidence in Ukraine's potential but also reinforces his vision for advancing the esports industry on a global scale.

More Than a Base: Pioneering a Future of Innovation

Maksym Krippa has revealed plans to integrate a SHA Wellness Clinic into the recently acquired estate, aiming to create a versatile facility that serves as both a corporate base for NAVI and a premier wellness destination.

Despite hesitations from international operators regarding investments in Ukraine, Krippa remains steadfast in his commitment. He sees these developments not only as business opportunities but also as a way to enhance the country’s reputation in the global esports. His vision reflects a forward-thinking strategy, focused on elevating Ukraine’s profile through groundbreaking projects that combine modern infrastructure with unmatched potential.

During a recent interview, Maksym Krippa shared that Dubai was where he built his wealth through strategic investments in the real estate market. Unlike many Ukrainian entrepreneurs who transfer their assets abroad, Maksym Krippa Dubai serves as a testament to his success, but his focus has shifted back to his homeland.

Rather than following the trend of overseas investments, Krippa has chosen to reinvest in Ukraine, seeing it as a dual opportunity—one that aligns with his long-term business vision and serves as a tribute to the country that played a key role in shaping his achievements. This approach underscores his commitment to fostering economic growth and resilience in Ukraine.

“My investments are a way to honor what this country has given me,” Maksym Krippa stated, emphasizing his deep connection to Ukraine. His decision to focus on transformative projects reflects his confidence in the country’s future and his commitment to its recovery and progress.