The Emirate of Dubai is known for its incredible real estate projects. Contributing to its position as a world leader in real estate is an impressive array of renowned developers. The iconic Burj Al Arab, the majestic Palm Jumeirah, the impressive Burj Khalifa are just a few examples of what Dubai's top developers are capable of. For a better understanding, here is our list of the best property developers in Dubai:
1 – EMAAR PROPERTIES
Emaar Properties has made a splash in the UAE real estate sector since its founding in 1997. As one of the leading real estate developers in the UAE, Emaar's interests span hospitality, retail, residential and commercial properties. In addition to the UAE, the company is present in several overseas markets such as North Africa and the Middle East.
The Dubai-based developer is committed for several landmark projects in Dubai. The two gems in Emaar's crown are the Burj Khalifa, the tallest building in the world, and the Dubai Mall, one of the biggest shopping malls in the world. A relatively new addition to their portfolio is the Dubai Opera, which is also the first dedicated opera house in the UAE. Emaar was also the inspiration behind the creation of the Dubai Fountain, a spectacular fountain that is hugely popular with visitors and tourists.
Emaar's portfolio also includes several residential developments such as Downtown Dubai, Emaar Beachfront, Dubai Marina, Arabian Ranches, The Meadows, The Lakes, The Greens and The Springs, including the Dubai Hills Estate.
2- NAKHEEL
Nakheel is another well-known name that often appears in the list of the best developers in Dubai. The company's projects cover most of the country's real estate sector, covering entertainment, retail, hospitality, commercial and residential projects.
One of Nakheel’s notable projects is Dubai's is Palm Jumeirah. The creation of the artificial island was a feat in itself, given that it has extended Dubai's coastline by over 300 km. He also expanded the city's real estate sector with hundreds of coastal resorts, hotels, homes and other attractions. On these man-made islands, you’ll find projects like the Palm 360, a twin-tower luxury hotel, and the Nakheel Mall.In top, there are a growing number of other high-profile residential projects near Nakheel.
These include Discovery Gardens, Jebel Ali Village, The Gardens, Nad Al Sheba Villas and International City and more.
Nakheel's portfolio includes many popular retail projects, including Nakheel Mall, The Pointe, Dragon Mart, Dragon Mart 2, Ibn Battuta Mall, and Golden Mile Galleria.
3 - DUBAI PROPERTIES
Dubai Properties is known for shaping some of Dubai's most recognizable real estate destinations. Dubai Holding was established in 2004 and operates in over 13 countries. Collectively, its asset portfolio is estimated to be around USD 35,4 billion.
The portfolio of projects includes highly regarded developments such as JBR (Jumeirah Beach Residence), Dubailand, Business Bay and others.
The Company's projects also include Madinat Jumeirah Living freehold residential project and Marsa Al Arab, a luxury and waterfront tourist destination in Jumeirah.
4 – MERAAS
Meraas is a Dubai-based holding company operating in multiple sectors including real estate, restaurants, retail, entertainment, healthcare and hospitality. A foundation was formed in 2007 that has developed a number of popular creation projects including Boxpark, City Walk, The Outlet Village, The Beach and La Mer.
As one of Dubai's leading developers, Meraas is also known for spearheading a wide range of residential projects in the emirate. These include Port de la Mer, a new island community located in the heart of Jumeirah. Meraas' other significant projects are Nikki Beach Resort and Spa, Caesars Palace Bluewaters, Bvlgari Resort and Residences.
5 - DAMAC PROPERTIES
DAMAC Properties was founded in 2002 and has quickly risen in the ranks to become one of the leading real estate developers in Dubai. The founded by billionaire businessman Hussain Sajwani, the company has commercial and residential projects in Saudi Arabia, Oman, Lebanon, Jordan and the UK.
The company has delivered over 26,000 units so far with a portfolio of several thousand other units in various stages of progress . A notable development by DAMAC Properties is DAMAC Hills, a premium golf community offering townhouses, villas and apartments, as well as a wide range of world-class facilities and amenities.
Other DAMAC Properties residential projects in Dubai include DAMAC Towers, Ghalia Constella, AKOYA by DAMAC and AKOYA Oxygen.
6 – MEYDAN
A flagship project that brings to life the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, the spectacular city of Mohammed bin Rashid Meydan Group has become one of the most sought-after projects in the city.
From some of the most luxurious family villas in District 1 to the stunning lagoons in the city of MBR, Meydan's signature build quality can be seen in many residential and commercial projects throughout the city.
7 – SOBHA
An established developer known for its impressive portfolio of luxury properties, Sobha Realty has built a solid reputation for quality. The multinational company, which also has a presence in Oman, Bahrain, Brunei and India, was founded in 1976 by Indian entrepreneur PNC Menon.
A well-known developer in Dubai has some great projects in Meydan, including the highly anticipated projects in Sobha Hartland.
8 – OMNIYAT
Omniyat has achieved several successes to cement its position as one of the leading real estate developers in Dubai. One of their most notable projects is The Opus. The unique architecture of the building, located in the prestigious Burj Khalifa area, is recognizable by its cubic structure with an amorphous hole in the center. Moreover, the interior of the building is no less impressive. The plate glass building, designed by the late Zaha Hadid, houses a hotel, serviced apartments, restaurants and offices.
Another Omniyat project is The Pad, a high-rise residential building with a 6.5° slope. The developer's other notable projects include The Residences, The Binary, Bayswater and One Palm by Dorchester.
9 – DEYAAR
Deyaar is creator for several projects that have become an integral part of Dubai's iconic skyline. Initially founded in 2002, the company has grown rapidly over the past few decades to become a leading property developer in Dubai. The company's list of services covers real estate development, property management, property management and owner association management.
Deyaar's real estate businesses are located in various prestigious areas of the city including Business Bay, Dubai Production City, Dubai Silicon Oasis, DIFC and Al Barsha. The company's commitment to excellence has also won them many awards. For example, in 2019 it won the "Best in Technology and Innovation" award at the Construction Innovation Awards.
10 – MAG PROPERTY DEVELOPMENT
Also known as MAG Lifestyle Development (MAG LD), MAG Property Development also ranks on list of top 10 real estate developers in Dubai. Moafaq Ahmad Gaddah's (MAG) real estate development arm was established in 2003.
Since its foundation, MAG Property Development has become one of the most famous real estate developers in the MENA region. The company specializes in residential real estate, like most developers in Dubai. However, his designs also extend to affordable housing. An example is MAG 5 Boulevard, a low-cost residential complex in the south of Dubai offering townhouses, villas and apartments.
Other notable MAG Property Development projects are MAG City Meydan in Mohammed bin Rashid City, MAG 318 in Business Bay and MBL Residence in Jumeirah Lake Towers.
OTHER FAMOUS DEVELOPERS IN DUBAI
Apart from these well-known names, there are other well-known developers in Dubai with a growing real estate portfolio;
Select Group
The First Group
Wasl Properties
Dubai Investments Real Estate
Binghatti Developers
Azizi Developments
Danube
Ellington Properties
Tilal Properties
Al Futtaim Real Estate
Majid al Futtaim Real Estate
Diamond Developers
Nshama
Al Habtoor Group
Bloom Properties
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