TOP 5 REAL ESTATE DEVELOPERS IN MENA 2022
The breakthrough of technology has led the Middle East to become a home of inspiring property development. The Middle East has become a global destination to many today. This article explores real estate developers in the Middle East who have planned soaring skyscrapers for the awe-inspiring man-made islands.
1 . To begin with, EMAAR PROPERTIES
Emaar properties is a multinational real estate development company situated in the United Arab Emirates. The company has been the most sought-after developer for those who desire to build luxurious buildings in the UAE.
For those that want to build a commercial or luxury space, Emaar properties can make your dreams come true. The organization can also be found outside the United Arab Emirates and spans countries in North Africa and the Middle East like Egypt.
The organization has seen a lot of growth, this is because although people want a touch of modernity, they are not ready to sacrifice their tradition.
Some of the iconic projects that have been carried out by Emaar properties are the Burj Khalifa, which is the tallest building on earth, and the Dubai mall which has become an international symbol to many shoppers worldwide. Some of the assets owned by Emaar properties are as follows; Downtown Dubai, Arabian Ranches, Emaar Beachfront, Dubai Marina, The Meadows, The Greens, The Lakes, and The Springs.
2 . Secondly, NAKHEEL
This is another real estate development company that can be found in the United Arab Emirates and has been a major player in the real estate industry. These developers cover every project, whether it is a private residence or the development of retail hotels and restaurants. Nakheel has contributed greatly to the UAE real estate sector.
Again, Nakheel is home to palm trees and provides the finest form of luxury. Some of the prominent buildings from these developers are Discovery Gardens, Jebel Ali Village, Nad Al Sheba Gardens, The Gardens, and International City.
Nakheel also owns Nakheel Mall, Dragon Mart, Dragon Mart 2, The Pointe, Ibn Battuta Mall, and Golden Mile Galleria, among other renowned retail properties.
3 . Also, ALDAR PROPERTIES
This is a real estate development and investment agency with its headquarters in Abu Dhabi, United Arab Emirates. The agency together with its subsidiaries has a diversified portfolio. They develop commercial and residential apartments, as well as hotels, schools, offices, marinas, and golf courses.
Some of the agencies’ portfolio includes the company’s headquarters, Gate and Arc Towers in Al Reem Island, Coconut Island, the Abu Dhabi Central Market (Souq), Al Jimi Shopping Centre, and Noor Al Ain, Al Gurm Resort, and Al Mamoura.
4 . Another is, DAMAC PROPERTIES
It is a middle East property development agency situated in Dubai and has a presence in UAE, Saudi Arabia, Qatar, Jordan, Lebanon, Iran, Oman, and the United Kingdom. The agency is the leading developer of commercial and residential buildings.
5 . Finally, MERAAS
This agency is based in Dubai and has a portfolio of many developments, some of which include real estate, food, and beverage retailing, entertainment, and others. For years, MERAAS has been one of the top Real estate developers in the Middle East.
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