This former electronic engineer started a business that now involves his 3 sons
Dubai has long been a breeding ground for entrepreneurial success stories, and the journey of Masroor Syed, a former electronic engineer turned business mogul, is no exception. Alongside his supportive wife, Shaista Naz, Masroor ventured into the business world in 1995, laying the foundation for what would later become Springfield Properties. Today, their business empire not only includes Masroor and Shaista but also their three sons, who have seamlessly integrated into the family business.
Masroor's transition from an electronic engineer at General Electric to a thriving entrepreneur in Dubai's competitive market exemplifies the city's spirit of innovation and opportunity. With Shaista's unwavering support and entrepreneurial acumen, the couple embarked on their first business venture—a car rental company—before diversifying into medical supply trading and restaurants.
However, it was Masroor's foresight to enter the real estate market in 2001 that truly set the stage for their success. As Dubai opened its doors to expat investors, Masroor seized the opportunity, investing in properties and eventually founding Springfield Properties in 2008. Despite facing challenges such as the global financial crisis, the family persevered, and their business flourished, marking its 16th year of operation in 2024.
Today, Springfield Properties stands as a testament to the power of family unity and shared vision. Masroor's sons, Farooq, Osman, and Abdullah, have all joined the family business, recognizing the strength that lies in their collective efforts. Farooq, as the CEO, leads the charge, supported by his brothers in various managerial roles. Their decision to stay together reflects a deep-rooted belief in familial solidarity and mutual support.
At the heart of their success lies Shaista Naz, whose unwavering dedication and entrepreneurial spirit have been the driving force behind the family's business ventures. Her visionary leadership and encouragement have propelled Masroor and their sons to new heights, instilling in them a sense of ambition and determination.
Despite their achievements, the Syed family remains humble, attributing much of their success to the supportive environment fostered by the UAE. Dubai's visionary leadership, epitomized by Sheikh Mohammed bin Rashid Al Maktoum, has served as a guiding light for Farooq and his family. Inspired by Sheikh Mohammed's work ethic and commitment to excellence, they continue to strive for success in their endeavors.
As Springfield Properties continues to thrive in Dubai's dynamic real estate sector, the Syed family's story serves as an inspiration to aspiring entrepreneurs. With resilience, determination, and a strong support system, they have overcome challenges and achieved remarkable success, embodying the spirit of entrepreneurship that defines Dubai's vibrant business landscape.
By: Sahiba Suri





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