In the past few years, the real estate market in the United Arab Emirates has witnessed an exponential growth. With stable economic strategies, excellent infrastructure established by the UAE’s famous developers, and visa reforms, global investors are increasingly interested in the real estate sector in the UAE. It also included the luxury sector, which attracted significant financial interest. Foreign investors are attracted to these properties due to the high-quality construction offered by the top real estate developers in Dubai, UAE and expat-friendly government policies. Because of these changes, investors have found it easier than ever to invest in real estate and obtain a gold or silver visa.
Who are the best real estate development companies in the UAE?
The real estate development project is a long and complex process. Each development requires thousands of hours of experience in a wide range of disciplines. Real estate development or real estate development is an approach to increasing the value of a property for resale.
There is a difference between a real estate developer and a developer. For example, developers in the UAE are responsible for supervising and coordinating all tasks and contractors involved in real estate development. The scope of this includes not only construction but also obtaining sites, design, permits and many other tasks. In the UAE, the activities of developers are highly regulated to protect investors. In fact, real estate buyers in the United Arab Emirates enjoy the utmost security due to the highly developed laws.
Top developers in Dubai and the UAE
Choosing the right company in the UAE market can be challenging as there are a number of world-famous developers in the UAE. To help you choose a reliable company to invest in, we have compiled the following list:
Since its inception in 1997, Emaar Properties has had a significant impact on the real estate industry in the UAE. In addition to hospitality and retail, Emaar is also developing residential and commercial properties in the UAE. North Africa and the Middle East are also overseas markets in which this company is present.
Many famous projects in Dubai have been developed by the Dubai-based developer. In addition to erecting the Burj Khalifa, the tallest building in the world, Emaar is known for the Dubai Mall, the largest shopping mall in the world.
Nakheel real estate
Nakheel has completed a number of high-profile projects in Dubai, such as the World Islands Sales projects. In addition to developing leisure and retail stores, the company is also developing commercial, hotel and residential projects. One of the prominent projects undertaken by Nakheel Properties is the historic Palm Jumeirah project. Adding more than 300 kilometers of coastline to Dubai was an achievement in itself with the artificial archipelago.
This is one of the best developers in Dubai. Since its inception in 2002, Damac Properties has rapidly established itself as a major real estate developer in Dubai. With over 26,000 homes delivered to date and thousands more in various stages of development, the company has a portfolio of several thousand units. DAMAC is responsible for the projects of DAMAC Hills, a luxury golf community offering homes, villas and apartments as well as a range of amenities and facilities.