The Heart of Europe is owned by Kleindienst. Kleindienst is a real estate developer known as the largest European real estate company in Dubai, having an established expertise for over 30 years. The real estate firm was originally launched as a property broker in Austria and Hungary, and has expanded its expertise to large scale developments. With its success, the group has decided to expand into the Gulf Region in 2003. The developer has now portfolio of successful and independent businesses in Dubai.