The real estate market in Dubai is at its peak right now. It’s one of the most active and well-known sectors in the city, and many developers, tenants and buyers are benefiting from the current situation. Dubai’s market for property is the Best community in Dubai right now. And in comparison to the past few years, the 2021 sale transactions are already at a record high.
With developers launching new initiatives and stages of their projects, a few projects were sold out within the first hour of their launch. If you’re one of those who want to benefit from the present market, we’ve put together a list of the most sought-after projects in Dubai!
The Emirates of Dubai is famous for its sprawling real property developments. The famous Burj Al Arab, the stunning Palm Jumeirah, and the awe-inspiring Burj Khalifa – developments like these are only a few examples of what the most exemplary real property developers in Dubai can do.
It is said that the United Arab Emirates, particularly the city of Dubai, is famous for its modern design, futuristic architecture, and modern infrastructure. The famous Burj Al Khalifa, Burj Al Arab, The Palm Islands, and the Best apartments in Jumeirah Village Triangle are some developments that will leave you breathless as you gaze at them.
Let’s examine some of the developers responsible for Dubai’s architectural wonders.
- EMAAR PROPERTIES
Emaar Properties has been making waves in the real estate industry since 1997. Being one of the top builders in the UAE, Emaar’s interests extend across retail, hospitality, residential and commercial development of properties.
Outside of its home market of the United Arab Emirates, the Emaar has a presence in many foreign markets, including North Africa and the Middle East.
The developer based in Dubai is behind several famous developments in Dubai. Two of the jewels in Emaar’s crown are Burj Khalifa, the tallest structure in the world. The Dubai Mall, one of the biggest malls for shopping around the globe.
Another relatively new part of its portfolio is Dubai Opera, the first dedicated theatre in the UAE. In addition, Emaar was also responsible for developing The Dubai Fountain. Which is the choreographed fountain that is a massive hit with tourists and those who visit the area.
In addition to resorts and hotels, Emaar’s portfolio includes numerous residential communities, including Downtown Dubai, Emaar Beachfront, Dubai Marina, Arabian Ranches, The Meadows, The Lakes, The Greens, and The Springs.
- MAG PROPERTY DEVELOPMENT
Also referred to as MAG Lifestyle Development (MAG LD), MAG Property Development ranks on our list of best developers in Dubai. The Property development arm part of the Moafaq Ahmad Gaddah (MAG) Group was founded in 2003.
Since its inception, MAG Property Development has grown into a highly highly-respected natural property builder throughout the MENA region. The company is specialized in
residential properties, just like the majority of real estate development companies in Dubai.
However, the projects include affordable housing. One illustration can be MAG 5 Boulevard, an affordable residential community located in Dubai South that offers townhouses, villas, and apartments.
Other notable projects of MAG Property Development include MAG City Meydan in Mohammed bin Rashid City, MAG 318 in Business Bay, and MBL Residence in Jumeirah Lake Towers.
- MERAAS
Meraas is an emirate-based holding company that has announced various developments across multiple industries, such as property, F&B, retail, entertainment, healthcare, and hospitality.
It was established in 2007 and since developed several notable projects since its creation. Some of them include Boxpark, City Walk, The Outlet Village, The Beach, and La Mer.
Being one of the most reputable real estate builders within Dubai, Meraas is also recognized for launching many residential developments in the Emirate.
They include Port de la Mer, an entire island community in the very heart of Jumeirah. Other notable projects of Meraas include Nikki Beach Resort and Spa, Caesars Palace Blue waters, and Bvlgari Resort and Residences.
- NAKHEEL
Nakheel is a different well-known name that is frequently featured on the list of top property developers within Dubai with the reason that is. Nakheel’s projects span an extensive portion of the country’s property sector: retail, leisure hospitality, commercial, and residential developments.
One of Nakheel’s notable projects is the enormous Palm Jumeirah in Dubai. The construction of this artificial island was an achievement in itself, mainly because it added nearly 300 kilometres to the coastline of Dubai.
It also boosted the real estate market in Dubai by introducing numerous waterfront resorts, hotels, residences, and other tourist attractions.
- ZaZEN
ZaZEN Properties is promoted by a 111-year-old, multi-million dollar conglomerate with diverse portfolios. Comprising Pharmaceuticals, Power Generation, Chemicals, and Real Estate.
Its real estate division is a continuation of the rich tradition of introducing international standards of excellence. It has the experience of developing more than 10 million square—feet of land. There is an additional 7 million square. Feet. Indifferent levels of growth.
The management team in ZaZEN Properties brings to the table more than 50 years of experience in the field of modern urban design. As well as advancing insights into real estate and refined aesthetics.
The homes in ZaZEN One are spacious and comfortable with all the amenities. Complemented by various facilities designed for the modern family. Relax with your loved ones and relax, or connect with your neighbours and live a more balanced life in the house itself.
ZaZEN one plays a perfect host to various activities within and surrounding the development. It has a simple process to access Dubai’s many landmarks. Including many landmarks in Dubai which include Dubai Media City, the World Expo 2020 precinct, Dubai Media City, Barsha Heights, Jumeirah Lake Towers, and Dubai.
A wide array of modern amenities enhance your life at ZaZEN One; take a stroll to explore a range of locations within Al Khail, Avenue Mall. The brand-new four-star luxury hotel with fine dining restaurants and an exquisite restaurant spa right across the street.
In the Jumeirah Village Triangle (JVT), These modern living spaces have uninterrupted perspectives of city views. Leverage the resources available in the lively JVT of the JVT community, which spans from playgrounds to schools and sports courts, to offices and more.
Conclusion
The Dubai real estate market is at its peak right now. It’s one of the most active and well-known sectors in Dubai, and many developers, tenants, and buyers are benefiting from the current situation.
