Top 10 Real Estate Companies in Dubai 2024
As 2023 concludes, Dubai’s real estate market continues to create success stories through its mesmerizing and astonishing skyline, including unique designs, multiple high-rise complexes, and skyscrapers. The developers have made Dubai’s real estate sector a global attraction.
Iconic projects like the world’s tallest building, Burj Al-Khalifa, and one of the biggest artificial islands, Palm Jumeirah, are some of the examples of what the best real estate developers have done in Dubai. Here are some of the biggest real estate companies that have reshaped Dubai’s skyline and continue to do so as time passes.
Emaar Properties
Emaar Properties was founded in 1997 by Mohamed Alabbar. Since its inception, it has made a name for itself by developing iconic projects reshaping Dubai’s skyline and making the city a global attraction. Emaar was established to reshape the landscape of Dubai, and it quickly not only reshaped but transformed the city entirely.
In the first 9 months of 2023, Emaar made a net profit of around AED 8.2 billion, an astonishing 42% increase from the same period last year. Some new projects in the pipeline in UAE, Saudi Arabia, India, and Egypt will help the company grow and reach new heights in the coming future and bless the locations with architectural masterpieces.
Popular Projects
Dubai Creek Harbour
Dubai Creek Harbour is a water-front community offering an eco-friendly vibe via green spaces, a marina, and a yacht club. It is located on the Dubai Creek bank and is synonymous with luxury and extravagant lifestyle. It offers luxury residential complexes with commercial and entertainment options in the community. It is a very popular community due to its central location and easy access to the city’s main attractions.
Dubai Marina
Dubai Marina is known as “Arabian Venice” due to its resemblance to the city of Venice in Italy. An artificial harbor surrounds it, and “Dubai Marina” means “Harbour of Yachts.” It offers luxurious residential and commercial complexes with a beautiful skyline with luxurious skyscrapers. It is one of the city’s most highly sought-after and developed areas.
Burj Khalifa
The tallest building in the world, located in Downtown Dubai, Burj Khalifa, was started on 6 January 2004 and completed on 4 January 2010. In 6 short years, Emaar Properties developed the tallest building in the world, which became a global icon and one of Emaar’s most notable projects. Millions of people worldwide visit it, and it is an icon on the already beautiful Dubai skyline.
Nakheel Properties
Nakheel Properties started its operations in 2000 in Dubai. It is a subsidiary of Dubai World and a private state-owned enterprise. Nakheel is one of the top real estate companies in the UAE region, delivering ultra-luxurious residential and commercial projects.
Nakheel is an award-winning company due to its modern architecture, luxurious designs, and employee-driven mentality. Nakheel Properties has given Dubai some notable projects that have helped reshape Dubai’s landscape and made it a global tourist attraction.
Popular Projects
Palm Jumeirah
Palm Jumeirah was started in 2001 and delivered to the public after its completion in 2006. It is Nakheel’s first project and is synonymous with luxury and extravagant lifestyle and architecture. It is considered a wonder and masterpiece in the world of architecture and engineering. Its unique palm tree-shaped landscape offers luxurious villas, restaurants, and hotels. It is a top-rated holiday destination and is visited by millions of people from all over the world.
Palm Jebel Ali
Palm Jebel Ali was announced in 2001 and is expected to be completed in 2027. It is estimated to be double the size of Palm Jumeirah. Once completed, it will offer luxurious hotels and residential properties, including villas and penthouses like Palm Jumeirah. It is the second project by Nakheel Properties of Palm Island category and is estimated to cost over 20 billion USD.
Sobha Group
Sobha Group, also known as Sobha Realty, is a real estate company founded in 1976 by an Indian entrepreneur, PNC Menon. Sobha Realty was registered in 2012 in Dubai, and it also has an international presence in countries such as India, Oman, Bahrain, and Brunei. It is one of Dubai’s most prominent real estate companies, delivering luxurious projects at very competitive prices and world-class craftsmanship.
Popular Projects
Sobha District One Residences
Sobha District One Residences is an apartment complex with different buildings. The development is located in Mohammed Bin Rashid (MBR) City. It is a family-friendly community offering high-class amenities and facilities such as private beaches, a golf course, a state-of-the-art gym, exquisite designs, etc. It is very popular among homebuyers and investors for its high rental yield and sales ROIs.
Sobha Hartland
Sobha Hartland was announced in 2014. The site is just a 5-minute drive from Burj Khalifa, the tallest building in the world. The project will occupy 8 million sq. ft. and offer luxurious villas, commercial options, and much more. The development will have green spaces and world-class amenities, giving it a very eco-friendly and family-friendly vibe and making it popular among families and ex-pats.
Dubai Properties
Dubai Properties is a subsidiary of Dubai Holdings. It is one of Dubai’s top real estate companies that has developed many recognisable projects and reshaped Dubai’s skyline. Initially, Dubai Properties started as Estithmaar Realty in 2002 and later became a part of Dubai Holdings in 2005.
It has developed ultra-luxury projects in Dubai and has left a mark through its unique and luxurious designs. It has also won numerous awards, solidifying its claim as one of Dubai’s top real estate companies.
Popular Projects
Jumeirah Beach Residences
Jumeirah Beach Residences is the world’s largest luxurious community with high-rise buildings, hotels, and much more. It is located in Dubai Marina. It is a waterfront community with stunning views of skyscrapers and the Arabian Gulf. It provides easy access to the city’s central districts, making it an attractive offer for young entrepreneurs and families.
Madinat Jumeirah
Madinat Jumeirah, also known as “Jumeirah City,” developed by Dubai Properties, was announced in 2002 and completed in 2004. The area is synonymous with luxury and lavish living. The area is a popular tourist destination with stunning views of Burj Al-Arab, Wild Wadi Water Park, and Jumeirah Beach. It offers many luxurious residential options, shopping centers, commercial activities, and leisure and entertainment activities.
Select Group
Select Group was established in 2002 and is a very diverse business group. They specialize in real estate developments, retail, hospitality, and investments. The Select Group has many commercial and residential projects in Dubai, the Gulf Region, Europe, and the US.
According to Forbes, the Select Group was awarded “The Best Real Estate Developer in the Middle East” in 2018. With numerous other accolades to its name, Select Group has become one of Dubai’s biggest and most reputable real estate developers.
Popular Projects
Marina Gate
Marina Gate is a community located in Dubai Marina. Marina Gate comprises one hotel tower and two residential towers. In total, three buildings will offer more than 1000 residential units and 100 hotel apartments. It offers luxurious living with stunning views of Dubai Marina, Palm Jumeirah, and the Arabian Gulf.
Studio One
Studio One is a 30-storey high-rise building developed by the Select Group in Dubai Marina. The development consists of 410 studios and 1-2 bedroom apartments. Studio One was specifically developed to target young families and entrepreneurs by offering amenities like a modern gym and sauna, 24/7 security, and a swimming pool with beautiful views of Dubai Marina and the Arabian Gulf.
Meraas
Meraas is a Dubai Holding subsidiary established in 2007. Mr. Sheikh Ahmed Bin Saeed Al Maktoum is the chairman of Meraas. It has delivered numerous real estate, entertainment, retail, hospitality, and healthcare projects. Meeras has covered an estimated 8 million sq. meters through its development, which comprises more than 3500 residential and numerous commercial units.
Meeras has made a name for itself by delivering luxurious developments in Dubai. Projects like Bluewaters Residences, BVLGARI, and Nikki Beach Residences highlight Meraas’ developments. Many more luxury developments are in the pipeline, and as ever, Meeras is again expected to reshape Dubai’s landscape and skyline.
Popular Projects
Bluewaters Residences
Bluewaters Residences was announced by Meraas in 2013 and completed in 2019. It is developed on an artificial island and is one of Dubai’s most sought-after residential communities. The development consists of 10 apartment buildings offering almost 700 residential units and two hotels. The residential units consist of 1, 2, 3, and 4 bedroom units and offer all the necessary and luxury amenities such as kid’s playing areas, swimming pools, sports facilities, etc.
BVLGARI Resort and Residences
Meraas developed BVLGARI Resort and Residences located in Jumeirah Bay. It is developed on an island which is shaped like a seahorse. The total area covered by the development is 3 million sq. meters. The development offers ultra-luxurious mansions and apartments with stunning views of Dubai’s skyline and the Arabian Gulf.
It comprises 173 residential units consisting of 1-4 bedroom apartments and penthouses and 4-6 bedroom mansions. The development also offers all the luxurious amenities and a peaceful environment, such as a yacht club, state-of-the-art fitness facilities, and private swimming pools.
Omniyat Properties
Omniyat Properties was established in by now CEO and Executive Chairman Mr. Mahdi K M J Amjad in 2005. Omniyat has delivered world-class, luxurious, and extraordinary developments that make it stand out from the rest of the top developers in Dubai. Omniyat has a vast portfolio not only as a real estate company but also as an investment and management company.
Omniyat is synonymous with delivering innovative designs and engineering masterpieces. The company has reshaped Dubai’s skyline like none other. Omniyat’s philosophy is attention to detail. The company makes no compromises on small things which may go unnoticed. This quality has made them a household name in Dubai’s real estate sector.
Popular Projects
One Palm Apartments
Located in Palm Jumeirah, One Palm Apartments is one of the most luxurious developments in an already luxurious district. It’s a residential apartment building set apart through its unique and distinctive design. The development offers 94 3-4 bedroom apartments and 6 bedroom penthouses with stunning views of the Arabian Gulf, Palm Jumeirah, and Dubai’s skyline. The project offers luxury amenities such as all-over-the-clock security, swimming pools, a private jetty, and spas.
The Opus
The Opus is considered an architectural masterpiece. It is a mixed-use building with a hollow cube inside. The building itself leaves viewers speechless and gathers praise from every viewing eye. It has reshaped Dubai’s skyline like no other development. This luxurious project offers plenty of residential and commercial units. It also offers amenities such as 24/7 concierge services, outdoor swimming pools, valets, etc.
DAMAC Properties
DAMAC Properties was founded by Mr. Hussain Sajwani in 2002 and quickly became one of the Gulf Region’s most notable real estate companies. DAMAC has luxury projects all over the Gulf Region, Lebanon, and the UK.
It is a world-renowned real estate developer and company that needs no introduction. It is famous for delivering luxury residential and commercial developments. The company has been a notable player in reshaping Dubai’s skyline and landscape.
Popular Projects
DAMAC Heights
DAMAC Heights is a high-rise residential tower that rises from an ever-dazzling Dubai Marina. It is an 84-storey building comprising 640 residential units offering multiple-bedroom apartments, penthouses, etc. The building is the 13th tallest in Dubai and is regarded as an icon.
DAMAC Heights offers all the luxurious amenities such as 24/7 concierge services, gyms, jacuzzis, and easy access to main city attractions with stunning views of Dubai Marina, Downtown Dubai, and the Arabian Gulf.
DAMAC Hills 2
DAMAC Hills 2, also known as Akoya by DAMAC, is located outside the bustling city of Dubai and is a suburb developed by DAMAC. The development is considered Dubai’s first green residential community, offering an eco-friendly and family-friendly environment and attracting many families and expats.
It is located near the Expo 2020 site, and the development provides plenty of property options, such as townhouses, villas, etc, at very competitive rates.
Ellington Properties
Ellington Properties was established in 2014 and has quickly become one of Dubai’s most reputable real estate companies. Ellington is an award-winning real estate company through its unique, luxurious, and distinctive design philosophy.
The company has targeted Dubai’s prime locations, Downtown Dubai, Palm Jumeirah, etc, for its developments and has successfully delivered extraordinarily. Ellington has become synonymous with luxury properties through its persistent luxury developments in prime areas of Dubai.
Popular Projects
DT1 by Ellington
DT1 is an award-winning project developed by Ellington Properties located in Downtown Dubai. Due to its unique, extravagant design and central location, it is regarded as one of the most sought-after developments in Dubai and has attracted investors worldwide. DT1 is a high-rise building offering multiple luxury studios and multiple-bedroom apartments with amenities such as fitness centers, multiple pools, 24/7 security, etc.
Wilton Park Residences
Wilton Park Residences is located in Mohammed Bin Rashid City (MBR City). The project is a twin-tower luxury development offering luxurious studios and multiple-bedroom apartments with a stunning view of Dubai’s skyline and the neighborhood. The project provides all the necessary and luxury amenities such as garden areas for seating and lounging, a clubhouse, an indoor and outdoor yoga area, a gym, a swimming pool, etc.
Azizi Developments
The chairman of Azizi Group, Mr. Mirwais Azizi, founded Azizi Developments in 2007. It is one of the biggest privately held real estate companies in Dubai, and the vision is to become the largest privately held real estate company in Dubai. Azizi has more than 200 projects in their portfolio in a short span.
They focus on a customer-centric approach by providing their customers with high quality, zero compromise, and transparency through their projects and developments. They want to offer more than just homes and want their customers to feel more connected and congenial in their homes.
Popular Projects
Azizi Mina
Azizi Mina is located in Palm Jumeirah. It is a mid-sized waterfront development that offers luxurious 1-2 bedroom apartments, penthouses, and premium hotel services. Around 70% of the development is covered with green spaces, which gives it a very eco-friendly vibe. The project offers both residential and commercial property types and is highly sought-after. Mina has access to private beaches, spas, gyms, swimming pools, etc.
Royal Bay
Royal Bay is an ultra-luxury residential complex that has a 10-storey building that offers 90 1-2 bedroom apartments and penthouses with stunning views of the Arabian Gulf on one side and Dubai’s dazzling skyline on the other.
Royal Bay is located on the eastern crescent of Palm Jumeirah. It offers amenities such as round-the-clock security and concierge services, a state-of-the-art gym, sauna and steam room, a landscaped garden, an outdoor pool, etc.
Kelt & Co Realty
Kelt & Co Realty is a relatively new real estate company that was established in 2023. They have plenty of experience working with other top real estate companies in Dubai. In 2023, they started their venture by offering multiple services like property management, legal services, commercial properties, etc.
Kel & Co Realty might seem new, but its founders have more than 10 years of experience working in the real estate sector and are personally respected in the market. Following are the services they offer:
