Dubai is a lucrative destination for investment for a number of reasons. Its world-class infrastructure along with a safe living and facilitated business environments make it an ideal place to live and work. In addition, Dubai’s population is set to double in the next decade making the demand for Dubai real estate even more viable.
Investments are not only attracting Dubai-based businessmen but also a vast number of foreign investors.
The purchase of property on freehold basis means that the property is put in the owner’s name for life, and the owner has the right to sell, lease or rent his/her property at their own discretion. Property owners and their immediate family will obtain renewable Dubai residence visas for life, which can cost Dhs. 5,000 per person.
Some of Dubai Real Estate Developers are as follows:
1. Emaar LogoEmaar Properties
It was the first company to get into freehold property. It was started in 1997 as a public joint stock company. It is the region’s largest real estate company.
Emaar Properties PJSC
United Arab Emirates
Emaar Business Park, Building 3
T: +971 4 367 3333
F: +971 4 367 3000
UAE Call Centre (Toll Free) 800 36227
Outside UAE Call Centre +971 4 366 1688
2. Nakheel LogoAl Nakheel Properties (Nakheel Corporation)
Al Nakheel Properties, which is also known as Nakheel Corporation, is the most popular real estate company dealing in freehold property in Dubai. Its real estate development ranges into residential, tourist, commercial and retail property.
Nakheel Sales Centre P.O. Box 17777
United Arab Emirates
Tel: +971 4 390 3333
Fax: +971 4 390 3314
It was established in 1982. DAMAC Properties is the popular and largest private freehold developer in Dubai with developments in Dubai Marina, Palm Island and Jumeirah Lake Towers.
UAE Toll free: 8004065
International: +971 4 3322021
Dubai Sales Centers:
4. Saba Real Estate Group (Saba Properties)
Saba Real Estate Group (Saba Properties) showcased three towers, all part of the Jumeirah Lake Towers development, Saba Tower (Commercial), a 36-storey tower, Dubai’s first freehold office development project and Saba Towers (2 & 3) a 36-storey freehold residential twin-tower project.
Saba Real Estate,
P.O. Box 32896,
Dubai, United Arab Emirates.
Saba Sales Center
27th floor at Emirates Tower Offices,
Sheikh Zayed Road
Tel: +917 4 330 0086.
Fax: +971 4 330 0194
5. Alpha Properties
Alpha Properties developed in 1994. It has been home of real estate’s most experienced, courteous and professional agents involved in the Leasing, Buying & Selling of Dubai property.
PO Box 1038
Tel: +9714 2288588
Fax: +9714 2287080
6. Dubai Properties
Dubai Properties, previously known as Estithmaar Realty Fz, is a part of the Dubai Government’s Dubai Holding. Dubai Holding was created to consolidate the various large scale infrastructure and investment projects that contribute towards Dubai’s economic, social and industrial developments.
7. Diamond Investments LLC
Diamond Investments LLC is a Dubai-based real estate developer focused on developing commercial and residential properties throughout the Middle East.
Diamond Investments Lcc
7th flr, United Arab Shipping Company Bldg.,
21536 Deira, Dubai, UAE
Tel: 971 4 295 1161
Fax: 971 4 295 1191
Web Site: http:/www.diamond-investments.com
8. ETA Star Properties
ETA Star Properties, also known as ETA Star Property Developers LLC, It was formed in 2004 and is a member of the Dubai-based ETA ASCON Group.It is a leading Dubai freehold real estate company focused on the development of residential and commercial towers.
9. Bonyan Emirates Properties
Bonyan Emirates Properties is a Dubai-based real estate developer that is a member of the Ismail Akil Abbasi Group of Companies that was established in 1988.
10. Oryx Apartments
Oryx Apartments is the real estate development division of Dubai-based Oryx Real Estate.