Emaar Properties was founded in 1997. As one of the leading developers in the UAE, Emaar specializes in hotel, retail, residential and commercial real estate. In addition to the United Arab Emirates market, the company has implemented a number of projects in foreign markets, such as North Africa and the Middle East.
The Dubai-based developer is the author of several landmark projects in Dubai. The two pearls in the Emaar crown are Burj Khalifa, the tallest residential tower in the world, and the Dubai Mall, one of the world’s largest shopping centers. A relatively new addition to their impressive portfolio is the Dubai Opera, the first dedicated opera house in the United Arab Emirates. The Emaar designers and engineers also created the Dubai Fountain and the choreographed fountain show, which is very popular with both locals and holidaymakers.
Emaar’s top residential developments include Downtown Dubai, Emaar Beachfront, Dubai Marina, Arabian Ranches, The Meadows, The Lakes, The Greens and The Springs.
Omniyat is one of the best real estate developers in Dubai, thanks to its world-famous projects. One of them is the Opus, located in the prestigious Burj Khalifa district, with its unique architecture that is easily recognizable with its unique cubic structure and an amorphous hole in the center. Designed by Zaha Hadid, this mirrored glass building features a hotel, apartments, restaurants and offices.
In addition to the spectacular Opus, Omniyat’s top residential projects include The Residences, The Binary and Bayswater.
Meraas is a Dubai-based holding company that has launched several developments in various sectors, including real estate, retail, entertainment, healthcare and hospitality. Founded in 2007, the construction company has developed dozens of projects. For instance, Boxpark, City Walk, the Beach and La Mer.
As one of the leading real estate developers in Dubai, Meraas is also credited for developing a wide range of residential projects in the emirate. These include Port de la Mer, an unspoilt island community located in the heart of Jumeirah Island. Other Meraas projects include Nikki Beach Resort and Spa, Caesars Palace Blue waters, Bvlgari Resort and Residences.
Founded in 2004, Dubai Properties has had residential projects developed in more than 13 countries. The company’s asset portfolio is currently valued at approximately AED 130 billion.
Their highly-acclaimed projects include Jumeirah Beach Residence (JBR), Dubai, Business Bay, Madinat Jumeirah Living, and the luxury tourist and coastal resort of Marsa al Arab. These projects are freehold areas, which means that foreigners can buy real estate there.
Nakheel is another well-known name that often appears on the list of the best developers in Dubai, for good reason. The company’s projects cover most of the country’s real estate sectors, including leisure facilities, retail, hospitality, commercial and residential projects.
One of Nakheel’s most notable projects is the massive artificial Palm Jumeirah Island in Dubai. The creation of this man-made archipelago was quite a feat, it added more than 300 kilometers to the coastline of Dubai.
In addition to the artificial island, Nakheel offers a growing range of luxury projects. They include Discovery Gardens, Jebel Ali Village, The Gardens, Nad Al Sheba Villas and International City, Nakheel Mall, The Pointe, Dragon Mart, Dragon Mart 2, Ibn Battuta Mall, and Golden Mile Galleria.
Founded in 2002, DAMAC Properties quickly entered the top list of real estate development companies in Dubai. Today, it is one of the largest players in the Dubai market, specializing in luxury real estate projects. The company’s annual revenue is more than 2 billion dirhams UAE.
The developer offers luxury residential properties, and has recently expanded into the hospitality sector with its subsidiary DAMAC Hotels and Resorts.
The key development projects include DAMAC Towers by Paramount and DAMAC Heights.
Having started as a subsidiary of the Islamic Bank of Dubai in 2002, Deyaar Properties is now an independent company.
Most of Deyaar Properties’ projects are residential and commercial high-rise buildings in Dubai. However, the company also provides property management services. Mayfair Tower, Central Park and the Atria are some of Deyaar’s most well-known projects.
The First Group is a large international construction company, with more than 30 years of experience in the real estate market. Although the company operates worldwide, its head office is in Dubai.
The First Group is one of the few developers that have projects of almost all types – from entry-level to luxury options, from small to large, from cheap to expensive properties. The company also participated in the construction of several hotels in partnership with well-known brands. Some of the First Group projects received prestigious awards for being the best residential high-rise development.
The key projects of the First Group include The One, Dolphin Tower, Avalon Tower and Sky Bay Hotel.
The company was founded in 2003. Since then, the company has managed to take one of the leading positions in the real estate development market in the Arab region.
Today, the company ranks 18th among real estate developers in the Middle East, and its CEO is considered one of the most influential young executives in the region and around the world.
While MAG specializes mainly in high-end residential developments, it also offers some affordable housing projects throughout the UAE.
The key projects of the company include MBL Residence, MAGEYE, MAG 5 Boulevard, MAG318 and MAG230.
Established in 2007, Azizi Development is a relatively new player in the Dubai construction market. Despite the company experiencing a difficult start due to the global financial crisis, in 2013 Azizi Developments became one of the leading developers.
The company is currently responsible for more than 200 projects. One of these projects is on real estate on the famous Riviera embankment. Azizi’s development portfolio also includes many small but highly successful projects, such as two key projects in the Dubai Healthcare City.
Thanks to the company’s rapid growth and high-quality projects, Azizi Developments has received several awards in the field of real estate – Best Developer at the Design Middle East Awards, Developer of the Year at the Construction Innovation Awards, and many more.
Our top 10 is just a small part of property developers working in Dubai. There are hundreds of them, and if they’re not included in our top 10 list, it does not make them any less trustworthy.
However, buying a property is always a very serious business, and you should do proper research before investing your money in one of the projects, regardless of whether you are buying an off-plan or ready-to-move-in option.
Here are our top tips to help you make the right choice:
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