Dubai Developers List
Comprehensive List of Real Estate Developers in Dubai
Discover the leading Dubai real estate developers with this curated list. We've highlighted essential details about each developer, including their history, areas of expertise, notable projects, and locations. This guide will help you choose the best developer to meet your property investment or living needs.
Emaar Properties
Emaar Properties, established in 1997, is one of the most recognized names among Dubai real estate developers. With operations spanning Africa, Asia, Europe, North America, and the Middle East, this multinational company specializes in property development and management services.
Key Highlights of Emaar Properties:
- Founder: Mohamed Alabbar
- CEO: Amit Jain (since 2016)
- Initially government-owned, Emaar went public in 2000.
- Diverse portfolio with six business segments, including Emaar Malls Group, Emaar Hospitality, and Emaar Entertainment.
Popular Emaar Locations:
Emaar has developed some of Dubai’s most iconic destinations, including Downtown Dubai, Emaar Beachfront, and Dubai Hills Estate. These areas are highly sought after by residents, tourists, and investors alike.
Why Buy Property by Emaar Properties?
- Affordable Off-Plan Options: Projects like Emaar IL Primo offer competitive prices compared to ready properties, ensuring attractive returns on investment (ROI).
- Exclusive Deals: Buyers often benefit from flexible payment plans, DLD fee waivers, and free service charges.
- Stable Market: Emaar properties are a secure investment, supported by Dubai’s favorable real estate market conditions.
Meraas Properties
Founded in 2007, Meraas Properties has rapidly become a leader in the Dubai real estate developers sector. A subsidiary of Dubai Holding, Meraas specializes in luxury residential and commercial developments, creating iconic destinations that redefine city living.
Key Highlights of Meraas Properties:
- Chairman: Sheikh Ahmed bin Saeed Al Maktoum
- Over 80 million sq. ft. of residential and commercial properties delivered in Dubai.
- Renowned projects include La Mer, City Walk, and Bluewaters Island.
Upcoming Iconic Project:
Ain Dubai, the world’s tallest observation wheel, is one of Meraas’ most anticipated developments, set to solidify Dubai’s position as a global tourism hub.
Why Buy Meraas Off-Plan Property?
- Competitive Pricing: Off-plan units are priced lower than ready properties, offering an excellent entry point for investors.
- Flexible Payment Plans: Down payments make ownership accessible without requiring the full amount upfront.
- High ROI Potential: With Dubai’s stable property market, Meraas projects like Port De La Mer and Bluewaters Residences yield significant returns.
Dubai Properties
Dubai Properties, part of Dubai Holding, is a key player in the list of developers in Dubai. Since its inception in 2002, this real estate giant has created world-class mixed-use developments that enhance Dubai’s appeal for both living and investing.
Key Highlights of Dubai Properties:
- Began as Estithmaar Realty, launching the iconic Jumeirah Beach Residence (JBR).
- Integrated into Dubai Holding in 2005.
- Notable projects: Madinat Jumeirah Living, Villanova, 1/JBR, and Serena.
Why Invest in Dubai Properties?
- Affordable Off-Plan Opportunities: Off-plan units come with competitive pricing, ensuring higher ROI.
- Exclusive Offers: Buyers enjoy benefits like 0% commission and DLD fee waivers.
- Stable Property Market: Dubai Properties’ developments maintain their value in a consistently favorable market.
DAMAC Properties
DAMAC Properties, founded in 2002, is one of the Middle East's leading luxury real estate developers. Renowned for its high-end residential, commercial, and hospitality projects, DAMAC operates across the GCC region, with notable ventures in Qatar, Saudi Arabia, Lebanon, Jordan, and the UK.
Under the leadership of its founder and chairman, Hussain Sajwani, DAMAC has emerged as a key player in the UAE real estate market. It is listed on the Dubai Financial Market and holds membership in the Middle East Investor Relations Association.
Key Highlights of DAMAC Properties
- Subsidiaries: Includes DAMAC Hotels and Resorts, DAMAC Maison Hospitality, DAMAC International, and more.
- Sales Strategy: Properties are launched for sale immediately after public presentations, with units often selling out before construction completion.
- Innovative Showrooms: Customers can explore 3D models or visit replica units for a firsthand experience of DAMAC's offerings.
DAMAC’s properties deliver a unique blend of luxury and innovation, making it a trusted choice for investors and homeowners alike.
Select Group
Founded in 2002 by CEO Rahail Aslam, Select Group has built a reputation as a diversified developer specializing in real estate, investments, hospitality, and retail. With projects across the UAE, Saudi Arabia, Europe, and the UK, the company continues to shape premium living and commercial spaces.
Iconic Developments by Select Group
- The Torch: Once the tallest residential tower globally upon its completion in 2011.
- Marina Gate: A premier residential and retail destination in Dubai Marina.
- Studio One: A vibrant, modern community hub in Dubai Marina.
Beyond Real Estate
Select Group’s ventures in hospitality include the InterContinental Dubai Marina, the Radisson Blu Hotel in Birmingham, and partnerships with the Jumeirah Group International. The company also manages retail outlets in key residential locations like Marina Gate, offering dining, healthcare, and lifestyle services.
Select Group stands out as a trusted developer, delivering over 5.5 million square feet of completed projects with another 7 million in progress.
Sobha Realty
Sobha Realty, a subsidiary of the global Sobha Group, was established in Dubai in 2012. While Sobha Group has operated internationally since 1976, Sobha Realty focuses exclusively on creating luxury residential and commercial properties in Dubai.
Hallmarks of Sobha Realty
- Rigorous Quality Standards: Each project undergoes meticulous inspections and quality assurance processes to ensure excellence.
- Integrated Approach: Sobha Realty manages design, construction, and manufacturing, delivering turnkey solutions through its divisions like Sobha Contracting and Sobha Manufacturing.
Signature Project: Sobha Hartland
Launched in 2015, Sobha Hartland is an 8 million square foot waterfront development in Mohammed bin Rashid Al Maktoum City, just 3 kilometers from Burj Khalifa. Key features include:
- Luxury Residences: Apartments, villas, and townhouses starting from AED 754,000.
- Green Spaces: 40% of the development is dedicated to landscaping.
- Amenities: Schools, mosques, hotels, a club, retail outlets, and more.
Sobha Realty continues to redefine luxury living in Dubai, offering unmatched craftsmanship and lifestyle amenities.
Related Articles
Buying Property in Turkey! Is This the Right Time or a Risky Investment to Avoid?
The real estate market in Turkey is currently facing numerous challenges, starting with an economy impacted by a massive earthquake that hit the country last year, alongside high inflation. This has led to interest rates being raised to a record high of 50%, resulting in a near-total halt of the real estate sector. Additionally, recent legal changes, such as raising the minimum investment for Turkish citizenship to $400,000 and for real estate residency to $200,000, have caused a decline in the number of foreign investors.
To answer the question: is now the right time to buy property in Turkey, or not? We need to analyse two aspects: the internal Turkish situation and the regional and global outlook.
Groundbreaking Reforms to Simplify Lease Procedures in Turkey
The Turkish Ministry of Treasury and Finance has announced its readiness to introduce a new law requiring rental contracts to be signed electronically through the e-Government portal, "e-Devlet." This initiative aims to simplify and expedite the rental process between property owners and tenants, with implementation expected in the near future. Licensed real estate agents will also be able to use this system by the end of the year.
The electronic lease contract system will be introduced in two phases: in the first phase, property owners and tenants will be able to complete rental agreements directly through the "e-Devlet" portal, where the owner creates the contract, and the tenant approves it electronically. The second phase will enable licensed real estate agents to prepare contracts and send them to both the owner and tenant for approval through the portal.
Minister of Treasury and Finance, Mehmet Şimşek, stated that these reforms represent "fundamental changes aimed at reducing bureaucracy, saving citizens time and effort, and facilitating access to property valuation information across Turkey."
UAE Real Estate Market Surges in H1 2024
The UAE’s real estate sector experienced significant growth in the first half of 2024, driven by the country’s economic stability and a surge in new projects catering to the rising demand.
As reported by the Emirates News Agency (WAM), leading real estate companies have launched numerous large-scale projects since the beginning of the year, offering a wide range of investment opportunities.
Dubai has been at the forefront of this growth, with over 12 new projects from major players like Emaar, Deyaar, and Dubai Investments. These include notable expansions, such as the extension of The Dubai Mall.
The Emirate successfully completed approximately 6,600 new residential units, raising the total number of units to 736,000, with an additional 20,000 units anticipated in the second half of 2024.
According to the Dubai Land Department, the sector attracted around 50,000 new investors, resulting in real estate transactions worth AED346 billion (approximately $94.2 billion), marking a 23% year-on-year increase across 100,520 transactions.
Comments (0)
You need to be logged in to comment