Dubai’s real estate market is among the most active and dynamic worldwide. Over many years, it has shown steady growth, offering investors profitable opportunities in property. The success of the market owes much to Dubai’s developers. Each year, construction companies undertake dozens of unique projects, attracting investors from numerous countries.
The profitability of investment activities largely hinges on selecting the right developer. The more reliable the contractor, the lower the likelihood of construction delays or flaws. In this article, we’ll delve into the top construction companies in Dubai, renowned for their stellar reputation in the market.
DAMAC Properties
DAMAC Properties ranks among the top developers in Dubai. Since its market entry in 2002, it has introduced numerous exclusive projects, visible not only in person but also in tourist brochures. Its most outstanding projects include the Damac Hills residential area and the dazzling skyscrapers Coral Reef, Safa One, and Altitude de GRISOGONO. Virtually all of the company’s properties belong to the luxury class, offering buyers spacious apartments, flats, studios, as well as private housing like townhouses and villas. Over its tenure, the developer has handed over more than 44,000 properties to new owners. Many of its complexes have received prestigious awards, and the company itself has been recognized multiple times as the Developer of the Year.
Dubai Properties
Dubai Properties is a government-owned developer, part of the Dubai Holding group. Owned by Dubai’s ruler, Mohammed bin Rashid Al Maktoum, it is tasked with realizing his plans for the emirate’s development. The developer’s projects range from skyscrapers and individual complexes to entire communities of low or medium rise. Dubai Properties has been active since 2002, gaining significant recognition after completing the massive Jumeirah Beach Residence project, which saw the construction of 40 high-rise buildings in a single phase. Today, JBR is one of the world’s largest residential quarters, home to over 15,000 people.
Ellington Properties
Ellington Properties specializes in constructing premium real estate. Established in 2014, the company has implemented over two dozen projects, many of which have received prestigious awards. In 2021, its Wilton Park Residences project was recognized as the best residential complex by the International Property Awards. Ellington Properties’ portfolio includes studios, apartments with 1–2 bedrooms, premium villas, and penthouses. When constructing buildings, the developer emphasizes original design and innovative architectural solutions. Its projects stand out for their bold architecture, wide range of amenities, and use of exclusive finishing materials. In addition to construction, the company invests in the city’s public life, managing its own art fund to support artists in the UAE. Additionally, the developer sponsors the activities of the football club HNK Vukovar 1991.
Emaar Properties
Among the category of “best developers in Dubai,” Emaar Properties stands out prominently. Founded in 1997 by Mohamed Ali Rashid Alabbar, it operates across the Emirates and also constructs properties in India, the USA, Pakistan, and several other countries.
The developer’s most famous project is the Burj Khalifa. Since its inauguration in 2010, the iconic tower has remained the world’s tallest building, soaring above Dubai at 828 meters. Other popular projects by the construction company include:
- Dubai Mall (the world’s second-largest shopping center)
- the modern urban center, Downtown Dubai
- the cultural hub, Dubai Opera, with 2,000 seats
- the artificial island, Emaar Beachfront
- skyscrapers in the Dubai Marina district
With over a hundred completed projects in its arsenal, Emaar Properties’ real estate is highly sought after in the market, with many units selling out long before buildings are completed. For instance, apartments in the under-construction St. Regis Residences were sold out within just one hour of sales commencement.
LIV Developers
LIV Developers specializes in building standalone houses. Since its inception, it has operated in the USA, expanding its projects to the UAE since the early 2000s. The firm specializes in constructing premium-class buildings, with its new developments visible in areas like Business Bay, Jebel Ali, Pearl Jumeirah, and Emirates Hills.
With over 20 years of experience in the UAE market, the company creates exclusive properties distinguished by striking design and a full range of amenities. Among the developer’s most well-known residential complexes are LIV Marina, LIV LUX, and LIV Residence. Currently, the company is constructing the 26-story LIV Waterside tower, poised to become a true gem on the Dubai Marina waterfront.
Meraas
Meraas Holding is one of Dubai’s largest developers, boasting years of experience in implementing large-scale projects. Like Dubai Properties, the company is owned by Dubai’s ruler and is part of the Dubai Holding group. Its core activities revolve around investments, channeling funds into the tourism industry, hospitality business, and other economic sectors of the UAE, as well as constructing residential buildings and infrastructure.
The developer’s most iconic projects include:
- the Dubai Harbour cruise port
- the artificial islands of Jumeirah Bay and Bluewaters
- the City Walk district
- the Ain Dubai observation wheel
Nakheel
Nakheel has been operating in Dubai for over 20 years. Its portfolio includes dozens of luxury residential communities, hotels, shopping, and entertainment centers. The developer is widely known for its land reclamation projects. Its flagship creation is the renowned Palm Jumeirah project—an island in the Persian Gulf shaped like a palm tree. Here, one finds private communities with villas, skyscrapers, and the luxurious resort complex Atlantis The Palm with its waterpark and dolphinarium.
Nakheel is one of the largest developers not only in the UAE but also globally. Thanks to the developer, Dubai’s coastline has expanded by over 300 km, with the city acquiring over 55,000 new properties. Apart from Palm Jumeirah, the construction company has built communities like Jumeirah Village and The Gardens, the residential district International City, as well as The World archipelago consisting of 300 artificial islands.
Omniyat
Privately owned developer Omniyat has been operating in the city since 2005. In realizing its projects, it strives to go beyond the ordinary, offering buyers exquisite spaces that reflect the owners’ individuality. To achieve this, the company collaborates with icons of the construction industry—Zaha Hadid and Norman Foster—who propose projects with innovative architecture and unconventional design.
Omniyat constructs residential buildings, hotels, and commercial centers. Currently, the developer has 18 completed projects primarily located on the Palm Islands and in the Business Bay area. Among the most well-known are the luxurious complexes VELA VIENTO, The Sterling, and ELA Residences.
Select Group
Select Group, owned by British entrepreneur Rahail Aslam, was founded in 2002, having earned capital for investment in the IT industry. Today, the company ranks among Dubai’s largest developers. Over the years, it has transferred ownership of over 7,000 properties, including residential complexes, communities, and entire neighborhoods.
The impeccable quality of construction from Select Group has garnered numerous awards. It has been named the best developer in the Middle East by Forbes several times, and its developments have received the RIBA East Midlands Award. The company’s flagship project is the Peninsula district in Business Bay.
Seven Tides
Established by Sultan Ahmed bin Sulayem in 2004, Seven Tides is a family-owned construction company engaged in building various types of properties, from residential buildings to hotels, resorts, restaurants, and office centers. Additionally, the firm manages luxury hotels in Dubai and specializes in leasing properties.
Over its 20 years of operation, the company has completed dozens of projects. Some of the residential complexes it’s known for include Golf Views Seven City, Seven Palm, and Anantara Residences.
Sobha Realty
Sobha Realty specializes in constructing premium-class real estate. It ranks among the oldest developers in the Middle East, operating successfully since 1976. Over the years, the company has added 390 completed projects to its portfolio. Emphasizing presentable architecture and high construction quality, many of its developments have received international accolades.
The company builds skyscrapers, high-rise residential complexes, gated communities with townhouses and villas. Its properties can be found across Dubai, including on the coastline and artificial islands. The developer is also involved in implementing entire residential districts like Sobha Hartland and Sobha Hartland 2. Notable residential complexes from the developer include The S, Waves Opulence, Forest Villas, and Crest Grande.
If you’re considering purchasing property in Dubai, consider seeking assistance from Alira agency. On our website, you can find apartments and flats built by the best developers in the UAE. Our team will assist you in selecting investment properties and provide comprehensive support in the buying/selling process. To schedule a consultation, you can reach out to us through our online form, email us at info@alirarealestate.com, or contact us at +7 (986) 927-73-77 , +971 (588) 337 903.
