Best Real Estate Developers in Abu Dhabi
Real estate is a significant investment, and working with a reputable developer can help ensure that your purchase is protected and that you are getting the best value for your money. A reliable developer is more likely to offer good customer service and support after the sale, whether this involves providing clear communication throughout the process or addressing any issues that may arise after you move in.
Top-7 Real Estate Developers in Abu Dhabi
Abu Dhabi is a booming hub of real estate development, with a range of impressive projects both completed and underway, with many of them being developed by the following companies.
Aldar Properties was established and listed in 2005 , and operates in two main areas; development and investment, with Talal Al Dhiyebi as the current Group CEO. Aldar has a diverse portfolio, which last year reached a record-breaking sales figure of AED 7.2 billion, representing a remarkable 100% year-on-year increase. Currently, the company has 13 projects in its development pipeline, including Grove Museum Views and Yas Golf Collection. Aldar Properties boasts a gross profit of AED 3B, with 87% resilient occupancy across investment properties.
Some of the best projects of Aldar Properties include:
- Saadiyat Island
- Yas Island
- Al Raha Beach
- Beyond Island Living
- Reeman Living
800 ALDAR (25327)
+971 2 672 5327
IMKAN Properties was founded in 2017 and has established its reputation with a portfolio of 26 upscale projects spanning across three continents. According to the Managing Director, Suwaidan Al-Dhaheri, their recent success can be attributed to the right design, in premium locations, and a trusted developer, leading to the sell-out of Pixel, Nudra, and the first phase of AlJurf Gardens. IMKAN Properties is currently expanding globally, with ongoing projects in Egypt, Morocco, Sri Lanka, and the Seychelles.
- Rawya Villas
- Rihal Villas
- Pixel Towers
- Makers District
800 IMKAN (46526)
+971 2 307 8888
Established in 2014, Reportage Properties has a strong presence in the UAE, Egypt, Morocco, Saudi, and Turkey, and handles all the necessary activities in-house, from land assessment and acquisition, to planning, architectural designing, and construction. The management team includes Mr. Aref Al Khoori as Chairman, Mr. Islam Hamdy as CEO, and Mr. Andrea Nucera as Group Managing Director. Reportage has 19 projects in the Middle East, consisting of 10 communities and 8,000 units across all their projects, and in 2022, they achieved sales worth AED 1.3BN.
- Perla 1 and 2
- Al Maryah Vista 1 and 2
- The Gate
NB: Did you know that all developers must have a development plan, a construction permit from the DMA, and an escrow account? Other facts you should know about UAE developers are discussed here.
Bloom Holding’s main developments are in Abu Dhabi and Dubai, with an additional project located in Rochester, USA. Since its establishment in 2007, its ongoing developments have been progressing swiftly, with the company recently announcing the first phase of Cordoba and the second phase of Toledo in Bloom Living, spanning 2.2 million sqm. Besides properties, Bloom specializes in education, hospitality, landscaping, and facility management, with Carlos Wakim as the Chief Executive Officer. In 2022, the company won three Arabian Property Awards, adding to its already impressive list of wins and further proving its investment appeal.
- Bloom Gardens
- Bloom Towers
- Aldhay Villas
- Bloom Living Cordoba
- Bloom Living Toledo
800 Bloom (25666)
+971 2 696 9500
Q Properties is an integral part of Q Holding, with Ben Hudson acting as the Chief Executive Officer for this particular branch. The company is currently working on several residential, commercial, and retail projects, including Danet Abu Dhabi, which is a mixed-use development with 38 plots, out of which 16 towers have been constructed and six more are under construction. Q Properties’ strength lies in the fact that it owns 76% of the land on Reem Island as the master developer, having a total land bank of over 30,000,000 sqm and over 15 buildings in the region.
- Reem Hills Sierra Views
- Reem Hills Island Bay
- Reem Hills Sunset Valley
- Reem Island Towers
- Baray Ain Al Fayda
+971 2699 2222
Baraka Real Estate Development
Baraka Real Estate Development was established by the late Sheikh Zayed Bin Sultan Al Nahyan in 2007, and is now chaired by Sheikh Musallum Salem Bin Ham. The company specializes in managing its residential, administrative, and commercial units in Al Ain, Abu Dhabi, Dubai and Sharjah, as well as in Morocco and Bosnia. Since its establishment, Baraka has developed more than 100 real estate projects, 3,000 hotel keys, and six educational institutes, and its units are known for their modern designs and competitive prices.
- The Bay Residence
- Project C53
- Project C161
- Project C414
- Project C9
+971 2 563 0915
Formed to develop and revitalize cities and communities since 2014, Eagle Hills has achieved significant milestones in the real estate industry, as it has developed 14 waterfront destinations, 17 mixed-use projects, and 28 luxury hotels. The company is led by Mohamed Alabbar as the Chairman, who helped it expand its operations beyond the UAE, undertaking development projects in Serbia, Bahrain, Morocco, Oman, Jordan, Ethiopia, Egypt, and Albania. Its latest project, Ramhan Island in Abu Dhabi, will consist of 1,800 standalone villas, 900 marina residences and apartment units, 120 hotel keys, and much more. The whole project will be delivered on time, considering the developer’s track record.
- Naseem Residences
- Noor Residences
- Sahab Residences
- Nada Residences
- Shams Residences
+971 2 497 9999
Other Notable Developers in Abu Dhabi
Interesting fact: Abu Dhabi offers tax-free salaries, which means expats can earn a higher income compared to what they’d get in their home countries and save more money. Other benefits of living in this dynamic and diverse city are listed here.
There are many other notable companies contributing to the city’s impressive skyline and real estate market.
Al Ain Holding is a reputable real estate development company, founded in 1996, with a clear economic and social mandate set by His Highness Sheikh Hamdan Bin Zayed Al Nahyan. The company is actively involved in the development of various real estate projects, including apartments, villas, commercial offices, retail space, and industrial warehouses, such as Mangrove Village and Address Beach Residences.
Al Markaz Development has an excellent track record in delivering high-quality real estate projects within the MENA region, including in the UAE, Kuwait, KSA, Lebanon, and Jordan, and features projects like Parkside A Residence and Vezul Residence. The company offers project management services, as well as top-quality architectural, engineering, and construction resources.
Al Nahdha Investment is a privately held investment group based in Abu Dhabi that has been operating since 1998. The company is known for its extensive real estate portfolio, which includes a wide range of residential and commercial properties in key locations across the globe like Deena Tower and Al Bateen Plaza.
RAK Properties was established in 2005 by His Highness Sheikh Saud Bin Saqr Al Qasimi, and is known for delivering a diverse range of projects, including mixed-use communities, retail shops, health spas, and hotels (e.g. Gateway Residences 2 and Marbella Villas).
How Can Metropolitan Capital Real Estate Help You?
Metropolitan Capital Real Estate provides access to the best properties in the Abu Dhabi market through our appointment as the agent of the largest developers in the region. We specialize in both new properties under construction and resale properties, with a focus on residential and commercial rentals. With our expertise in navigating the Abu Dhabi real estate market, including legal issues and transaction procedures, we ensure both a professional and efficient service.
Read more: If you are interested in the Abu Dhabi real estate market and want to stay updated on the latest trends and forecasts, make sure to check out our article on the market forecast for 2023 and 2022 results.
How many developers are there in Abu Dhabi?
It is difficult to give an exact number because the real estate market is constantly evolving, and new developers emerge, while others may dissolve or merge with larger companies. However, it is safe to say that there are dozens of developers in the region, ranging from large multinational corporations to local companies.
Which is the biggest real estate company in the UAE?
Emaar Properties is the biggest real estate company in the UAE and one of the biggest developers in the countries of the Gulf Cooperation Council, with over $34 billion in assets. Emaar has developed several iconic projects, including the Burj Khalifa, which is the world’s tallest building, and the Dubai Mall; the world’s largest shopping mall.
Can foreigners buy properties from these top builders in Abu Dhabi?
Yes, the UAE has a relatively liberal property ownership law that allows foreigners to purchase properties in designated areas known as ‘freehold’ areas. Among them, are a few that are more suitable for real estate investment, such as Yas Island, Al Reef, Saadiyat Island, Al Reem Island, Al Shamkha, Masdar City, Al Raha Beach and Ghantoot.
Is the real estate industry in Abu Dhabi profitable?
Yes, the real estate industry in Abu Dhabi can be profitable for investors who do their due diligence. Although there have been some challenges in recent years, the market has shown signs of recovery, with new developments and initiatives aimed at increasing demand and improving market conditions.
Is real estate investment in Abu Dhabi beneficial?
Yes, and some of the benefits include expected capital appreciation, steady rental income, and tax benefits. Furthermore, the government of Abu Dhabi has implemented several initiatives and policies aimed at stimulating the real estate sector, for example; incentives for developers, easing regulations, and improving infrastructure.