Regarding the UAE market, the choice of a developer is associated with low risks — all the largest developers in Dubai are reliable companies. In the UAE, the state closely monitors the real estate sector, controls the largest developers itself, and also legally protects buyers from the risk that the developer will not finish construction.
Developer Emaar
Emaar Properties is the largest developer of the UAE with a worldwide reputation.
The company was founded in 1997 in Dubai by Mohamed Alabbar, a businessman and advisor to the Emir of Dubai on economic issues. Initially, the developer was wholly owned by the Government of Dubai.
Emaar’s most famous achievements are the construction of Downtown Dubai, which includes the world’s tallest building, the Burj Khalifa, Dubai Mall and Dubai Fountain.
Since 2005, Emaar has been cooperating with the Armani fashion house and building luxury hotels with designer finishes. The first Armani Hotel opened in the Burj Khalifa building, the second in Milan.
Developer DAMAC
The private development company Damac has been operating since 2002 and during this time has gained a foothold in the real estate market as a developer of elite-class apartments. The firm positions itself as a successful company in the luxury housing sector, designed for the comfort of buyers.
The new major DAMAC project is the development of the DAMAC Hills, DAMAC Hills 2 and DAMAC Lagoons areas at a distance from the center. These are quiet, family-friendly neighborhoods popular with middle-income renters. The Cavalli Tower in Dubai Marina is the only building under the Roberto Cavalli brand, designed by world-class architect Sean Killa, who has already become famous for the innovative project of the Museum of the Future in Dubai.
Developer Sobha
Sobha Developers Ltd is a young development company founded in 2012. It is a subsidiary of the large Indian holding Sobha Developers, which has been operating since 1976.
Sobha’s main project is the Sobha Hartland area in MBR City, one of the most attractive places to live and invest in Dubai.Sobha projects are characterized by consistently high quality of execution.
Sobha Hartland stands on the shore of the lagoon, and the houses are interspersed with parks and green spaces. There are also international British schools in the area, which attracts wealthy tenants with children.
Developer Meraas
The holding was founded in 2007. He quickly became one of the largest developers in Dubai. Meraas is engaged in the development and construction of both residential complexes and commercial buildings. And these are restaurants, cafes, shops, entertainment industry. Over the years, over 2000 objects of various profiles have been built in prestigious areas. These are mainly Jumeirah Bay and Bluewaters Island, which are most popular with investors. The company has invested about 5 billion US dollars in the entertainment industry. The entire property is being built using innovative technologies, which allows its owners to provide the maximum level of comfort.
In 2020, the ruler of Dubai decided to merge. The developer Meraas became part of Dubai Holding. This made it possible to expand the scope of the companies’ activities. Investment real estate objects that attract capital from all over the world have become a priority.
Nakheel Developer
Nakheel is the main developer who built the famous artificial island Palm Jumeirah. The company has also created other artificial islands of Dubai, including The World Islands, the shape of which repeats the location of continents on the globe.
Nakheel’s portfolio also includes current projects on the mainland. One of the latest launches is District 11 Opal Gardens, a gated complex of villas and townhouses on the shore of the lagoon, surrounded by green landscapes. It is located in the Meydan district in MBR City. Prices start from $1.14 million.
On the shore near Palm Jumeirah Nakheel is currently building a high-rise residential complex Palm Beach Tower. In it, prices start from 875 thousand dollars.
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Imkaan Real Estate is a real estate company based in Dubai, UAE. They specialize in helping people find the perfect home or investment property, ranging from luxury apartments to spacious villas.
ASPIN TOWER, Office no-4302-C
Dubai, United Arab Emirates