Navneet Mandhani

For Mandhani, entrepreneurship is more than a pursuit: it’s a legacy. Born into a family of Indian entrepreneurs, he inherited both resilience and a natural instinct for opportunity. Over time, he transformed that foundation into a global portfolio spanning technology, trading, investments, and real estate across the UAE, Cyprus, the UK, and beyond.

Educated in the US and trained at Fortune 500 companies, Mandhani combined analytical precision with commercial vision. His entrepreneurial journey began with Voyzze Communications Inc, a pioneering VoIP company that strengthened North America’s digital infrastructure before its successful exit in 2013. Through Sophonos Investments, he went on to back early-stage ventures in PropTech, FinTech, and consumer technology, including the UK-based Yourkeys.com, later acquired by Zoopla. Each venture reinforced his belief that innovation, when driven by purpose, fuels progress.

In 2013, Mandhani channelled his global experience into Dubai’s real estate sector, founding Karma Developers with a vision to create sustainable, design-led communities grounded in financial discipline. Since inception, Karma has delivered over 2,000 residential units across its international footprint, including the UAE, and has another 2,000 units under development across Dubai.

Its key projects — Olivia in Dubai Investment Park, Trinity in Arjan, Milos in Dubai Land, and the recently launched Antalya in Dubai Sports City — reflect Karma’s commitment to thoughtful urban design and livable community spaces. Meanwhile, the upcoming master communities Belgravia Gardens in Falcon City and Hillgate in Dubai Silicon Oasis are being developed in strategic alliance with an acclaimed, design-focused developer, reinforcing Karma’s collaborative approach and focus on quality-driven growth.

A forthcoming gated community of 1,400 units in Dubai Investment Park further underscores Karma’s bold growth trajectory and its mission to redefine community living across the emirate.

Under his leadership, Karma has become known for architectural distinction, innovative payment structures, and LEED-certified developments. Mandhani’s minimal-debt approach has enabled the company to thrive across market cycles while maintaining trust and transparency.

A recognised thought leader and speaker, Mandhani exemplifies modern entrepreneurship: global in outlook, local in execution, and grounded in values that build not just companies, but
enduring legacies.