Akshay Barar: Driving Change in Real Estate and Sustainability in the UAE
Entrepreneurship often requires balancing profitability with purpose, and Akshay Barar exemplifies this approach. With a deep understanding of real estate and a growing focus on sustainability, he has made a significant impact in Dubai. With nearly two decades of experience and ventures spanning real estate and environmental innovation, Akshay’s journey reflects a thoughtful blend of expertise and vision.
A Legacy Rooted in Business Excellence
Akshay’s entrepreneurial instincts were cultivated early, rooted in his family’s six-decade business of running Lion Pencils, a Mumbai-based business venture. “Growing up listening to discussions and observing strategies shaped my understanding of how businesses work,” he recalls. This immersion in a business environment honed his ability to identify opportunities and navigate complexities—a skill set that would later propel his ventures in real estate and beyond.
In 2004, Akshay moved to Dubai and started his career in the family business—his first experience in managing operations and strategic decision-making. A turning point came when he oversaw the construction and sale of two warehouses, an introduction to real estate that sparked his enduring passion for the industry.
A Strategic Role in UAE’s Real Estate Market
Akshay’s entry into Dubai’s real estate market was both strategic and timely. He immersed himself in understanding the intricacies of local and global markets. He climbed the ladder quickly and eventually founded Nord 25 Real Estate, a company offering end-to-end services in real estate, specializing in real estate asset and portfolio management.His fluency in real estate dynamics soon established him as a trusted consultant, advising clients on purchasing, selling, leasing, and investment opportunities.
Over nearly two decades, Akshay has built an impressive portfolio of flagship projects, working with both individual and institutional investors, including HNIs and UNHIs, underscoring his credibility and strategic acumen. His consultative and transparent approach has been instrumental in forging long-term relationships. “My priority is always to put the client’s needs first, providing honest, need-based advice,” he shares.
Championing Environmental Responsibility/Driving Sustainability with Innovation
In 2021, Akshay expanded his entrepreneurial reach by launching Ecogreen Recyclers FZC. As CEO, he spearheads efforts to combat plastic waste by transforming it into reusable raw materials. Ecogreen works with both private enterprises and government organizations to create scalable and sustainable solutions. “It’s about more than recycling—it’s about reimagining waste as a resource,” Akshay explains.
Leading with Integrity and Purpose/Visionary Leadership for the Future
Akshay’s leadership stands out for its focus on trust, transparency, and impact. In real estate, his insights into market trends and portfolio strategies have helped clients achieve significant financial growth over the years. In sustainability, his innovative solutions address pressing environmental challenges.
“Success is not just about profits,” Akshay explains. “It’s about creating value and leaving a positive legacy.”
Looking Ahead: A Vision for the Future
As Dubai continues to thrive as a global hub for innovation and sustainability, Akshay Barar acknowledges His Highness Sheikh Mohammed bin Rashid Al Maktoum’s visionary leadership, which has created an environment for businesses like his to grow and contribute to the city’s remarkable success story.
Through Nord 25, Akshay continues to guide clients toward financial growth. Meanwhile, Ecogreen Recyclers is paving the way for sustainable solutions in the region. Together, these ventures showcase his ability to align business success with a greater purpose.
Akshay’s journey highlights the opportunities Dubai offers to entrepreneurs who balance ambition with responsibility, contributing to the city’s growth and progress.
