Top Developers in Dubai
When you buy property in Dubai, choosing a high-quality real estate developer should be at the top of your list of things to do.
In fact, it’s probably more important here than in any other major international housing market.
If you’re not convinced of the importance of finding a reliable real estate developer in Dubai, just ask someone who bought an apartment or commercial property there in 2008. Back then, choosing a developer meant the difference between getting scammed and not.
Therefore, when you choose a real estate developer in Dubai, don’t simply look at marketing materials or finishing standards in a showroom. These things are meant to impress you and nothing more.
Instead, you should look at the developer’s balance sheet and reputation. Consider whether they’re worth your time and your money, and more importantly, if they’ll keep their promises during a recession or tough time.
With all that said, here are the top developers in Dubai’s ultra-competitive real estate market.
Top Developers in Dubai
Damac Properties
Damac is a luxury-oriented developer that high-end residential properties, and it has expanded into the hospitality market with its subsidiary, DAMAC Hotels and Resorts. Although Damac Properties was only founded in 2002, it quickly flew to the top of Dubai’s property development market, and today, it’s one of Dubai’s largest developers
Sobha Realty
Sobha Realty is an international luxury developer committed to redefining the art of living through sustainable communities. Established in 1976 as an interior decoration firm in Oman by PNC Menon – a visionary entrepreneur, the company has grown its presence with developments and investments in the UAE, Oman, Bahrain, Brunei and India. Over the last four decades,
Emaar Properties
Since its founding in 1997,Emaar Properties has consistently been one of Dubai’s leading property developers. Emaar boasts a massive number of residential and commercial projects. Included in the firm’s portfolio are undertakings like the Burj Khalifa, the tallest building in the world, and the Dubai Mall which is the largest on the planet.
Dubai Properties
Dubai Properties began in 2004 as a subsidiary of the Dubai Holding Group – a business owned by the ruler of Dubai, Sheikh Mohammed bin Rashid Al Maktoum. Today, it remains among the top real estate development companies in Dubai. However, while the company’s ownership should certainly inspire confidence
Nakheel Properties
Over the course of two decades, Nakheel Properties has grown into a premier property developer in Dubai and around the world. The company is known for its projects in Dubai, yet currently maintains a presence in more than 85 countries around the world. Nakheel is best known for the Palm Jumeirah, an artificial archipelago in the Persian
MAG Property Development
Moafaq Ahmad Al Gaddah – or MAG – Group’s property development subsidiary was formed in 2003. Since its founding, MAG Property Development has become one of the top residential property developers in the Arab world. In fact, the company ranked 18th among other unlisted real estate companies
Azizi Developments
Azizi Developments first emerged in 2007, making it a relative newcomer to the Dubai property development market. It got off to a rocky start during its first few years because of the Global Financial Crisis, Azizi Properties rebounded in 2013 to become a premier developer. Today, Azizi Developments’ portfolio in Dubai
The First Group
The First Group is a global property development company founded 30 years ago by Danny Lubert. Although the company operates in several major markets worldwide, it established a head office in Dubai in 2005, and since then, has become one of the leading property developers in Dubai. Ranging from entry-level to high-end projects, The First Group has a diverse portfolio
Deyaar Properties
Moafaq Ahmad Al Gaddah – or MAG – Group’s property development subsidiary was formed in 2003. Since its founding, MAG Property Development has become one of the top residential property developers in the Arab world. In fact, the company ranked 18th among other unlisted real estate companies
Gemini Property Developers
Sobha Realty is an international luxury developer committed to redefining the art of living through sustainable communities. Established in 1976 as an interior decoration firm in Oman by PNC Menon – a visionary entrepreneur, the company has grown its presence with developments and investments in the UAE, Oman, Bahrain, Brunei and India. Over the last four decades,
Omniyat
After Omniyat burst onto the Dubai real estate development scene in 2005, it nearly fell into total obscurity during the Global Financial Crisis as several of its projects were halted or canceled. However, instead of giving up, Omniyat retooled its strategy and has reemerged, the Splendor residential complex.
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