Dubai real estate continues to be one of the most resilient and robust industries in the country. It is considered as the best sector for buying the property and getting a profitable return on investment in UAE, and when it comes to yield returns, Dubai boasts a great 7 to 8% return on an annual basis.
In the recent years, there has been a significant shift in the demand for real estate property. The sales trend has changed from high-end or luxury properties to low-priced middle-class properties. That is why well-known and new property developers alike have now shifted to create a quality yet affordable hotels, homes, or commercial areas to cope with the evolving real estate market.
Dubai has been home to some of the greatest international and local real estate developers that offer excellent services to their clients. Industry giants in Dubai include Emaar Properties, Dubai Properties, Meraas, Damac Properties, Nakheel Properties, Azizi Development, Nshama and many other well- known firms based in Emirates.
This Dubai heavy-weight doesn’t need any introduction. Emaar Properties has managed to extend its expertise, developing competencies in leisure, hospitality, and retail. Established in 1997, Emaar is the largest property developer in UAE. It created some of the best shopping malls, commercial sectors, and residential buildings while giving a new name to excellent design, quality construction, and timely delivery.
Emaar Properties is changing the face of Dubai by delivering luxurious homes and innovative projects in the UAE. It completely transformed the real estate sector and spread its influence in developing integrated master-planned communities.
In Dubai, almost 37,350 residential units were handed over by Emaar Properties. Emaar generates revenues of over AED 4.383 billion because of all their incredible retail, hospitality, shopping mall, international operations, and leisure projects.
Dubai Properties was established in 2002 and started its work with the concept of offering asset management services and world-class real estate properties. Dubai Properties’ first and largest project was Jumeriah Beach Residences.
Dubai Properties is handling a diverse development collection of commercial and residential, hospitality and retail projects across the world, which played an important role in the real estate industry.
This well – known developer is responsible for both sales and leasing portfolio of DPG such as customer and sales services, project development and handover management.
Making Dubai and UAE a better place to live, play and work, Meraas Holding offered several outstanding projects and still developing various off plan project with ample amenities for style living.
Meraas Holding always focuses on how to deliver a luxurious lifestyle to the residents and to adopt new possibilities that will shape urban life for generations to come.
Meraas Holding investing and creating new technologies and experiences as well as develop and operate diverse, high-quality urban destinations. There work spanning in various sectors such as fun, food, tech, travel to health and education.
Established in 2002, Damac Properties is a well- known real estate developer in middle east and Dubai. It is recognized as leisure, private residential and commercial developer.
This company has expanded rapidly into Saudi Arabia, North Africa, Qatar, Lebanon and Jordan. Damac Properties in the middle east has delivered 14,000 units, and 37,000 units are in the development pipeline. In Dubai for its mega development, Akoya projects Damac has garnered a lot of media affinity.
It has projects across Dubai including DIFC, Business Bay, Jumeirah Village Circle, Downtown Dubai, JLT, Dubai Marina and many others. It delivers luxurious property developments such as Dubai Mall Street, Golf Horizon, Emirates Garden, Damac Maison, Executive Bay, Paramount Hotel & Residences, The Waves.
One of the world largest real estate developer “Nakheel” creating a world-class destination for tourism, living and business. It has built a portfolio of innovative landmark projects including The Garden, Jumeirah Lake Towers, Jumeirah Village Circle, International City, and Jumeirah Island.
Nakheel holds world best projects from a range of sectors such as commercial, residential, retail and leisure. It has created several lands reclamation projects such as the Dubai Waterfront and Palm Island, The Universe Island and The World.
Its shopping projects include the most stunning Ibn Battuta Mall and The Dragon Mart located at International City.
Nakheel Developments turns a dream into reality by working hard from the initial planning stages to creating outstanding interior décor. They cared for the people, customer’s neighbours and business partners and committed to the highest standard of safety and health.
A well – known real estate developer in Dubai, Azizi developments has gone from strength over the past few years. Azizi development committed to offer reasonable quality housing with its professional, marketing, construction and sales team.
Azizi development has an expanded portfolio in the following fields including construction, bank and finance, energy, hospitality, real estate development, trading and charity works.
Azizi Development is one of Dubai’s leading real estate developer. To maintain its excellence Azizi Group seek to empower its employees through collaborative dialogue, training, community engagement and innovation.
These incredible Dubai real estate developers have produced some of the best projects and with more upcoming developments, the future of Dubai property is something that we are all excited for.
To find out more about Dubai developers, projects, developments, or Dubai property in general, be sure to contact Driven Properties today