Any real estate investment must take into account the developer’s selection.
Due to the high percentage of off-the-plan opportunities on the market, this is especially important when buying real estate in Dubai because you not only want to ensure build quality but also timely completion.
By looking at a developer’s past performance and reputation, you as an investor can feel confident in your purchases.
Chestertons is an authority on the real estate market in Dubai, and we have taken the time to introduce you to some of the most popular and prosperous developers in the region.
Sobha Realty
Sobha Realty, a Dubai-based company that has been in business for close to 50 years, proudly calls itself “the only foremost backward-integrated organization in the world” and claims to provide investors and owners unmatched craftsmanship as a result.
The developer has benefited from this strategy by winning more than 100 important honors, including the coveted Real Estate Developer of the Year title.
Sobha doesn’t rely on third party partners at any step from ideation to completion and handover since it has complete monitoring and administration of all the critical competences and internal resources a developer operating in a competitive market like Dubai needs.
Naturally, this is reassuring when estimating the delivery dates of off-plan buildings, but it also enables a comprehensive and minute level of quality control. In reality, Sobha claims that through its 5-tier inspection procedure, its properties are subject to 8,000 man hours of quality control.
Because of this strategy, Sobha has produced some of the most stunning developments not just in Dubai but around the entire world. It has a distinguished past that includes grand mosques in Muscat and an Indian IT giant’s multimedia center that was inspired by Lourve.
Select Group
Select Group is a dependable developer that has maintained its operations successfully despite several ups and downs in the Dubai real estate market.
Select has recently moved to new areas like the UK and the GCC after first concentrating its operations in Dubai in 2002, including the delivery of what was then the tallest residential skyscraper in the world.
The Dubai real estate market, where it has completed the majority of its upscale residential, commercial, and mixed-use developments in waterfront neighborhoods, is still the center of attention for the company. In fact, during the Luxury Lifestyle Awards in 2021, Select was crowned Best Luxury Developer in Dubai.
Investors may take heart from Select’s dedication to luxury and entrepreneur’s awareness of value. The company makes it a priority to offer its investment clients affordable price options at all times.
Peninsula 3 is a notable Dubai real estate development from Select Group.
Peninsula 3 is the newest and most opulent apartment building in Select Group’s Peninsula series. It is situated in the center of Business Bay and offers studio, one, and two-bedroom residences.
Peninsula 3 offers seaside living and great standards throughout the apartment units and larger development, as you would expect from Select Group. The variety of amenities is considerable, even by Dubai standards: there are tennis courts, basketball courts, yoga decks, swimming pools, gyms, and skate parks.
The current payment schedule permits 50% upon completion.
Important Select Group real estate projects in Dubai: Jumeirah Living
Jumeirah Living is another Business Bay development with a Q4 2025 completion date.
With 35 floors, this skyscraper houses 82 upscale branded residences. Jumeriah Living only offers larger 2, 3, 4, and 5 bedroom apartments; there are no studios or 1 bed units. There are two swimming pools, a spa bath, and a steam room among the amenities.
EMAAR
EMAAR is one of the few property developers on Earth who can claim that every investor in real estate is familiar with one of their schemes in addition to being one of the biggest real estate names in Dubai and one of the largest property companies in the world.
The world’s tallest structure, the renowned Burj Khalifa, was master-developed by Emaar Properties PJSC.
But even though the Burj Khalifa is a significant construction, EMAAR has completed many other renowned projects. The developer has a long track record of creating innovative residential buildings, shopping centers, and hospitality projects.
EMAAR has since extended to additional areas, including Egypt, Turkey, and India, despite having a sizable portfolio and pipeline and being primarily centered in Dubai.
As a Public Joint Stock Company registered on the Dubai Financial Market, Emaar’s stock market trends and related statistics are quite open, which may be very reassuring – especially when purchasing off-plan.
Dubai Hills are notable EMAAR real estate complexes (Hills Park Phase)
A lush urban sanctuary, Dubai Hills Estate is made up of master-planned communities with modern apartment and villa complexes. One of the more notable neighborhoods in the larger design is Hills Park. All of the properties will be close to a variety of leisure and recreational opportunities as well as places to shop, eat, and be entertained.
66 villas with 1, 2, and 3 bedrooms are available to investors, with prices starting at AED 1.2 million.
EMAAR’s notable ventures in Dubai’s real estate include Creek Palace (EMAAR Beachfront)
The splendor of EMAAR’s Creek Palace is unmatched by other developments when it comes to breath-taking views. Apartments have views of Dubai Creek’s azure waters and the majestic Burj Khalifa, which dominates the skyline.
66 villas with 1, 2, and 3 bedrooms are available to investors, with prices starting at AED 1.2 million.
DAMAC
One of the top brands in Dubai Real Estate is DAMAC as well.
Since beginning operations in the emirate in 1982, DAMAC has created and delivered nearly 40,000 units to Dubai to rave reviews. For its projects, it has now won more than 100 accolades and prizes from around the world. From high-rise architecture and interior design to international golf course complexes, DAMAC specializes in everything.
The development of DAMAC is still going strong. The developer’s pipeline includes an additional 28,000 units that are now being planned or built in addition to the amazing existing portfolio.
DAMAC is a public joint stock company that is listed on the Dubai Financial Market, just like EMAAR.
Notable DAMAC real estate projects in Dubai include DAMAC Lagoons.
DAMAC Lagoons is a brand-new master development full of townhouses and villas inspired by Mediterranean living, and it’s popular with investors wishing to diversify away from the apartment market.
The enormous 45 million square foot property includes a floating amphitheater, stunning lagoons, and exclusive white sand beaches.
Off-plan property Dubai Lagoons is scheduled for completion in Q4 2024.
Ellington
One of the more recent large developers to have a solid name in the prestigious Dubai real estate market is Ellington Properties.
As a self-described “design-led developer,” Ellington has grown steadily over the roughly ten years since its founding in 2014, producing projects and properties that are as aesthetic as they are successful.
Ellington currently has 14 developments in Dubai, which is impressive given that the company has only been active in the UAE for 8 years. The Palm Jumeirah and Jumeirah Village Circle include the majority of these.
The use of its four main pillars is one aspect of Ellington’s distinctive approach. These have been crucial to its success for both investors and residents because they alter mindsets, build credibility, trigger emotions, and differentiate.
Experienced investors in Dubai who want to diversify their portfolio with a distinctive and one-of-a-kind asset find Ellington to be very appealing.
Ellington’s notable Dubai real estate projects include Berkeley Place.
Berkeley Place, a gorgeous Ellington development with 12 stories of studio, one, and two-bedroom homes, located 12 minutes from Downtown Dubai. Along with premium services for fitness and entertainment, the property has a striking façade.
An off-plan property called Berkeley Place includes a phased payment schedule that ends with a 50% payment upon completion.
Important developments in Dubai real estate from Ellington: The Portman
The Portman, which is scheduled to be finished in Q1 2025, is another off-plan product from the active Ellington pipeline. Any of the studio, one, or two-bedroom apartments are available to investors with a 20% down payment and a 70/30 payment schedule.
The Jumeirah Village Circle in Dubai offers lush greenery, a great location in the middle of the emirate, and simple access to other parts of the emirate.
Looking to make a real estate investment in Dubai?
In our many years of operation in the Dubai real estate market, Chestertons has assisted investors in acquiring assets that beat even the strongest growth cycles. We can assist you with any purchasing decisions you as an investor may have because we have in-depth knowledge of all the major and specialized developers working in the Emirate.
We may provide you a variety of properties as part of our service, sorted and customized by any developer.
Please use the contact form below to get in touch with us if you have any inquiries regarding buying real estate in Dubai.
