Among the large developers, there are five real estate companies that are popular both, in terms of scale as well as the variety and quality offered in their projects.
Although the most popular form of housing in Dubai is apartments, the focus of large developers on affordable housing has led to the launch of several villa projects that cater to a wide range of income group. A Villa community offers mostly the same facilities that an apartment building offers, yet providing the privacy your family desires. Before looking for a property, learn about the project and developer first.
Emaar Development is the leading developer of residential and commercial build-to-sell assets in the UAE. The company is behind iconic freehold master-planned communities in Dubai including Emirates Living, Downtown Dubai, Dubai Marina and Arabian Ranches, and has delivered over 37,000 residential units since 2002. The company has a sales backlog of over AED 37.729 billion, and is a high cash flow generating business, highlighting the robust fundamentals of the company with more than 30,000 residential units under development to be delivered.
Emaar has a global investor base of over 200 nationalities and is the world’s largest property company outside China, with a brand value of over US$ 2.7 billion. Providing a 'city within a city' experience to astute customers, creating smaller and smarter unit-size with larger community facilities, and the timely completion of projects under development continue to drive Emaar Development’s growth. To support the international growth strategy, the company has opened marketing offices in China, India, Saudi Arabia and other key markets globally.
Emaar is currently enjoying a sell-out response to its key launches in Arabian Ranches III, Expo Golf Villas in Emaar South, Executive Residences at Dubai Hills Estate and Palace Residences at Dubai Creek Harbour.
DAMAC Properties has been at the forefront of the Middle East’s luxury real estate market since 2002 – bringing luxury living experiences to residents from all over the world. Making its mark at the highest end of stylish living, DAMAC Properties has cemented its place as the leading luxury developer in the region, offering iconic design and the utmost quality. The company’s footprint now extends across the Middle East with projects in the UAE, Saudi Arabia, Qatar, Jordan, Lebanon, Oman and the United Kingdom.
As of 31st March 2019, DAMAC Properties has delivered 25,073 units. The company has a development portfolio of over 40,000 units at various stages of progress and planning. With vision and momentum, DAMAC Properties is building the next generation of Middle East luxury living.
3. DUBAI PROPERTIES
Dubai Properties is another leading master-developer based in the United Arab Emirates, and is responsible for shaping some of Dubai’s most renowned and iconic real estate destinations.
As a dynamic and forward-thinking organization, Dubai Properties is committed to creating and managing renowned developments and new residential projects in Dubai that provide distinctive and enriching lifestyles for residents. With over 15 years of experience in the residential real estate sector, Dubai Properties has an in-depth understanding of the core needs of resident home owners and international investors, thus providing innovative real estate and lifestyle solutions. Dubai Properties’ versatile portfolio of projects spans the emirate from Jumeirah Beach Residence (JBR) and Business Bay to DUBAILAND, Al Jadaf Waterfront and beyond.
Nakheel Properties is undoubtedly one of UAE’s leading, major and established property developers. Having delivered some of UAE’s milestone projects, it has certainly contributed to positioning UAE as a benchmark for developmental properties. Thus, Nakheel Properties Group competes and stands strong as one of the major development entities not just nationally but on a global level.
Delivering a diversified array of projects i.e. in retail, hospitality, residential developments as well as leisure, Nakheel Properties has created a distinct niche for itself within the market.
Meraas’ portfolio in real estate comprises property development, sales and asset management across some of Dubai’s most sought-after and iconic locations, such as City Walk, Bluewaters, Jumeira Bay, Pearl Jumeira and La Mer. The company prides itself on working with the best in class partners with a commitment to building projects of the highest quality, delivered on time, using the most comprehensive and integrated master planning. It also boasts a significant land bank in key areas in Dubai.
The Bvlgari Resort & Residences in Jumeirah Bay by Meraas has been very popular with East Europeans, particularly the Russians. Meraas has also been hitting its targets with recent launches such as the Cherrywoods.