Real Estate Developers in UAE

The UAE is a federation composed of seven emirates: Abu Dhabi, Dubai, Ajman, Fujairah, Sharjah, Ras Al Khaiman and Umm Al Quwain. Over the past 20 years the UAE as a whole, and in particular Dubai and Abu Dhabi, have experienced phenomenal growth and become without a doubt the hottest real estate development market on the planet. The lion’s share of that development can be attributed to a relative handful of visionary developers. They are:

FIVE Holdings

If Emaar represent something of the old guard, FIVE Holdings represent the vanguard of real estate development in the UAE. The brainchild of billionaire lifestyle entrepreneur Kabir Mulchandani, FIVE have quickly gained a reputation for being one of the most innovative development companies anywhere. Mulchandani’s insistence on sustainability and his company’s ability to achieve it while still breaking new ground in terms of luxury has shown the way for developers near and far and created a harmonious vision for the future.

Emaar Properties

Even people largely unfamiliar with the world of real estate development have heard of Emaar, usually because of their association with the world’s tallest building, the 828-meter Burg Khalifa. But Emaar are no one trick pony. They have amassed arguably the most impressive real estate development portfolio in the UAE over the past 20 years with projects including the Dubai Marina, The Meadows, Arabian Ranches and others. It is no exaggeration to say that Emaar have become one of the most trusted names in luxury development.

Nakheel

Hakheel are another household name in the UAE and are the driving force behind some of the Emirate’s most iconic developments including the Palm Jumeirah, Jumeirah Park and Jumeirah Village. Other notable Nakheel developments include Dubai International City and the huge Jumeirah Lake Towers development. Although the company experienced a significant hiccup in the wake of the 2008 financial crisis they emerged renewed and have reclaimed their place as the 2nd largest developer in the UAE after Emaar.

Aldar Properties

Aldar Properties are the largest real estate development company in Abu Dhabi. Aldar take a multifaceted approach to development and have been key players in Abu Dhabi’s hospitality, retail, educational and residential development markets. Some of the company’s most notable developments include Yas Island, Al Raha Beach, Noor Al Ain and the World Trade Center Abu Dhabi.   

Deyaar

Deyaar is another relative newcomer to the real estate development scene in the UAE having been founded in 2001 and going through several permutations before emerging in its present form. Deyaar can count among its most high-profile projects the Jannat Midtown residences in Dubai Production City, the Regalia Tower in Dubai Business City, the Bella Rose development and the Tria residential tower.

Conclusion

It should be no surprise that several of the top real estate developers in the UAE also qualify as some of the top real estate developers on the planet. And with visionary developers like Kabir Mulchandani ready to take the lead it’s clear the industry as a whole is in good hands.