The real estate market is expanding rapidly and shows no signs of slowing down. The market in the UAE is anticipated to reach a whopping value of US$0.69tn by 2025. An annual growth rate of 2.45% is expected between 2025 and 2029, resulting in a market volume of US$0.76tn by the latter year. Additionally, in a global comparison, 0 is set to generate the highest value in the real estate market. Moreover, the UAE real estate market is experiencing a surge in demand for luxury properties due to a growing number of elite people with high net worth seeking investment opportunities. When it comes to real estate, people research the top real estate companies. In this blog, we will list our top 10 real estate companies in Dubai.
Why is it Important to Choose a Reputable Real Estate Company?
Dubai is attracting many foreigners because there is no personal income tax. VAT is only 5% and corporate tax is just 9% in the UAE. The lower taxes as compared to other countries make the UAE the most attractive place to migrate to and start a business. Finding a reputable real estate company is crucial when it comes to investments in the UAE.
The UAE has free zones and mainlands, so where should you invest? Where will you get property tax relief or commercial relief? Which area is best for investment in the long term? and which for the short term? Which Dubai neighbourhood has affordable property rates and which does not? All these types of queries are addressed by the real estate companies in Dubai. The best unbiased real estate company in Dubai will help you to invest in the right place with the right rates. They are also updated about the UAE market trends, which helps to estimate the value of the property.
Now let’s have a look at our top 10 real estate companies in Dubai. While these top companies continue to make a difference in UAE, it is important to note that the Union Developers experts have researched extensively to give you these top 10 companies list. Only good research can help you choose your ideal company to partner with.
Top 10 Real Estate Companies in Dubai
Real Estate Company | Website | Key Projects |
Emaar Properties | www.emaar.com | Burj Khalifa, Downtown DubaiDubai Marina, Arabian RanchesDubai Hills EstateDubai Creek Harbour, Emaar BeachfrontEmaar South, The ValleyRashid Yachts & Marina, The Oasis |
Sobha Realty | www.sobharealty.com | Sobha Hartland WavesSobha Hartland Waves OpulenceCreek Vista HeightsSobha Seahaven, Sobha ReserveOne Park AvenueThe Crest, Crest GrandeForest Villas, Hartland Greens |
DAMAC Properties | www.damacproperties.com | DAMAC Hills, DAMAC Hills 2DAMAC Lagoons, DAMAC BayDAMAC Bay 2DAMAC Maison Canal Views, Chic TowerCavalli Casa Tower |
Dubai Properties | https://www.dp.ae | Dubailand, Business BayJumeirah Beach ResidenceBusiness Bay MarinaSerena, Villanova, Jaddaf WaterfrontRemraam, Bellevue Towers |
Nakheel | www.nakheel.com | Palm JumeirahPalm Jebel AliThe World IslandsJumeirah Islands, Jumeirah ParkComo Residences, The Palm TowerPalm Beach TowersJumeirah Village CircleJumeirah Lake Towers, Al Furjan |
Driven Properties | www.drivenproperties.com | J One TowerThe Address BLVDEmaar Square Building 3 Canal Front Residences The Address Dubai OperaOne at Palm Jumeirah |
Binayah Properties | www.binayah.com | Immersive TowerCreek Crescent at Dubai Creek Harbour |
Meraas | www.meraas.com | City WalkBluewaters IslandPort De La Mer, Bulgari LighthouseBulgari Resort And ResidencesNad Al Sheba Gardens, Villa AmalfiDesign Quarter at d3, Cherrywoods |
Meydan | www.meydan.ae | Meydan OneMarsa Meydan, Meydan HeightsThe Galleries at Meydan AvenueMohammed Bin Rashid City |
Omniyat | www.omniyat.com | The Opus, ORLA By OmniyatThe PadORLA Infinity, Dorchester Collection DubaiVelaAVA at Palm Jumeirah |
1. Emaar Properties
Emaar Properties was established in 1997 and has become renowned for Dubai’s world-renowned architecture and rapid industrial growth. They have a prevailing reputation for their innovation, quality and expertise.
They have secured their place among the top real estate companies in Dubai. Pioneering across every sector and delivering landmark projects like Downtown Dubai, Burj Khalifa, Dubai Opera and Dubai Mall, they have proved their worth.
2. Sobha Realty
Sobha Realty is an international luxury developer established in 1976. Since 1976, they have grown their presence with investments and developments across the UAE, Bahrain, Oman, Brunei and India. They boast over 130 million square feet of completed projects. Moreover, they have 28,000 employed globally with over 40 years of providing luxury with comfort.
Their passion is to deliver magnificent residences in the world’s prime locations with perfection. Sobha Realty is headquartered in Dubai, catering to its clients with the best real estate services.
3. DAMAC Properties
DAMAC Properties has been developing esteemed projects since 2002 and catering to a wide range of demographics. They are offering comfort with the touch of luxury estates. The company has also expanded their business in other countries such as Lebanon, Saudi Arabia, Jordan, and the USA.
It has collaborated with selected premium partners to deliver world-class buildings in prime locations. With over 26,000 projects, DAMAC Properties ranks among the top real estate companies in Dubai. With over 40,000 units in their current pipeline, the company has delivered over 14,000 units in the Middle East. They have developed properties in most prime areas, including Palm Jumeirah, Business Bay, Dubailand, and Downtown Dubai.
4. Dubai Properties
Dubai Properties was established in 2004 as the property development division of the Dubai Holding Group, paving its way meticulously. Their portfolio includes the region’s most diverse and extensive developments.
Dubai Properties is the key player in the city’s commercial and residential landscape. They have specialisation in family-orientated communities to luxurious waterfront residences. The firm has done many high-profile projects, including Dubailand, Business Bay, Jumeirah Beach Residence and Mudon.
5. Nakheel
Being a visionary waterfront developer, Nakheel has become a prominent real estate firm with its ambitious ventures and coastline developments. It was founded in 2000 and remains one of the top real estate companies.
They are known for their iconic projects, such as Palm Jebel, Palm Jumeirah, the World Islands, Jumeirah Islands and more. They continue to dominate the real estate sector of hospitality, retail and leisure.
6. Driven Properties
Driven Properties has been delivering top-class real estate excellence since 2012. They have secured their place with over 90 awards and facilitated the sale of over 20,000 properties worth AED 100 billion in value. They are among the founding members of Forbes Global Properties.
Their clients’ testimonials show how impeccable their services are and how they have served them with care. If you are looking for the best real estate companies in Dubai, they are definitely on the top list.
7. Binayah Properties
Binayah Properties Dubai has been an award-winning real estate company since 2007. They offer a wide range of services, from property management to real estate broking services. If you want to buy, sell, or rent any property, they cater to their client with care and unbiasedness.
Their well-known projects include Immersive Tower, 12 Villas Project, Eden House The Canal, and Creek Crescent at Dabai Creek Harbour. It is definitely recommended by our real estate experts to partner with in Dubai.
8. Meraas
Meraas has paved its way in the market since 2007 with several iconic projects. They are known for developing premier entertainment venues City Walk, BoxPark, The Beach, and La Mer, making their mark in the realm of luxury real estate.
Offering exclusive resident properties within prime locations, they have further bolstered Dubai’s international appeal as a top-notch real estate market.
9. Meydan
Meydan was established in 2007 and has successfully gained wide recognition for its role in the Mohammed Bin Rashid City project. They are known for developing the well-known Meydan Racecourse.
Their diverse portfolio of modern residences and high-end properties in prime locations made them among the top list. Their projects offer great potential for prospective homeowners and profit-driven investors
10. Omniyat
Omniyat is one of the leading luxury property developers in Dubai, established in 2005. They have crafted modern masterpieces and created livable art in Dubai. Their every project shows a sense of artistic sensibility and incorporates the aesthetics with functionality.
They deliver the projects on time with high quality, just like their previous fine projects. They have a curated portfolio of residences, including AVA at Palm Jumeirah, ORLA Infinity, and Vela.
Lastly,
Navigating the real estate market in Dubai requires proper guidance. The companies in this blog have made their way into the market and become well-known. Whether you are seeking luxurious property or investing in some commercial project, their guidance will help you a lot. Remember that buying, selling and investing in real estate needs thorough research and trusting a company needs proper information. This blog gave you the go-ahead to start with these companies, but always do your own research, visit their sites and find a partner who can cater to you better in your range.