Top 10 real estate companies in Abu Dhabi

The UAE is composed of seven emirates of which Abu Dhabi is the largest of all. And acts as the focal point of the actual estate companies in the country.Abu Dhabi is situated on an island in the Persian Gulf.omprise the UAE. And serves as the nation’s capital for real estate companies. Abu Dhabi is located on an island in the Persian Gulf. With the vast majority of its ‘urban’ areas spitting out onto the mainland. Being the capital of the UAE, Abu Dhabi is politically, industrially, and culturally ahead of other emirates in the country. It hosts many government ministries and institutions among them; office of the UAE President and the Federal Supreme Council.

Let’s explore the knowledge of the top 10 real estate companies in Abu Dhabi

The business of real estates has been on the rise in Abu Dhabi specifically.Within the last one year, Abu Dhabi property sale transaction reached AED 87.1 billion ( $ 23.7 billion) which is a flow of 159.5 % higher than last year.billion. ($23.7 billion), marking a flow of 159.5% compared to the previous year. This boom credited to increase in buying and selling activities, it reached AED 61 billion ($ 16.6 billion).

Abu Dhabi real estate sectors

This is expected as the institution record higher order of transaction that attributions to the growing investor from both resident and non-resident status. This shows the flexibility of the Abu Dhabi real estates market. For the 2023 fiscal, 9,448 new investors have been registered and 1,098 of them belonged to non-resident investor segment. What causes raise of 71% and raise of 175% respectively as to 2022.

In addition, construction and real estate industry has played a role in the non-oil growth of the emirate.Construction increased for the year by 7.6% to reach AED86 billion or $23.4 billion which contributed 7.8% to Abu Dhabi gross domestic product.iversity of Abu Dhabi’s real estate sector. There were 9,448 newly registered investors and 1,098 non-resident investors in 2023. Which are significant increases of 71% and 175%, respectively, compared to 2022.

Moreover, the construction and real estate sectors have contributed to the emirate’s non-oil growth. Construction expanded by 7.6%, reaching AED86 billion ($23.4 billion), which accounts for 7.8% of Abu Dhabi’s total GDP.

Below, we will discuss each company in depth, including their credibility in the region, project offices, etc.

1. Aldar Properties

Aldar Properties is one of the leading real estate developer companies among the top 10 best real estate companies in Abu Dhabi.

• Establishment: The company formally known as Aldar Properties was established on January 12, 2004. The company floated itself and had its shares ranked in the year 2005. It then merged with another firm, Sorouh Real Estate, in 2013 but retains the name Aldar.
• Company’s Credibility in the Region: The larger public knows Aldar Properties as the master developer of strategic locations in Abu Dhabi. For instance, Yas Island and Saadiyat Island. Since its formation it has developed many famous buildings. And has one of the biggest and most rapidly expanding property investment portfolios in the region.
• Successful Projects: Other projects that Aldar has accomplished include the Gate Towers at Reem Island. The WTC Wasel, a commercial tower; the World Trade Center Abu Dhabi, an office, hotel and apartment complex.Some of the planned developments include the Dh1.8 billion sustainable city on Yas Island.listed in 2005. Later, it merged with Sorouh Real Estate in 2013, continuing to operate under the Aldar name.
• Upcoming Projects: The company has announced various upcoming projects, such as the Dh1.8 billion sustainable city on Yas Island. To some of the other developments spread across Abu Dhabi and Ras Al Khaimah among others.
• Forecast/Turnover: As at December 2021, end of the financial year.Aldar posted a net profit of AED 2.33 bln, an increase of 21% from the prior year.public with its shares listed in 2005. Later, it merged with Sorouh Real Estate in 2013, continuing to operate under the Aldar name.
• Offices: Aldar delivers its customer care and sales services from Aldar Square in Yas Island, Abu Dhabi. And has a sales center in Dubai on Jumeirah Beach Road.
• Head Office: The head office of Aldar Properties is situated on Aldar Square, Yas Island, Abu Dhabi, UAE.
• CEO: Talal Al Dhiyebi is currently the Chief Executive Officer at Aldar Properties. A new company, Alpha Dhabi Holding, has come out to be the parent company with Hamad Salem Al-Ameri as the CEO and managing director.

2. Manazel Real Estate

Manazel Real Estate is the second largest group of the top 10 best real estate companies in Abu Dhabi.

• Manazel Real Estate was established in 2006 as the investment division of Kuwait listed company Manazel.Kuwait’s Manazel. Being an investment company in the real estate market of Egypt. It has grown its operations into the real estate industry and is considered a major market in UAE.
• Company’s Credibility in the Region: In this case, the company has proven itself to be reliable player in the region as an architect and an investor. Consistently offering employment opportunities which will help improve job market in UAE and the economy.
• Successful Projects: Manazel Real Estate has a collection of landmark buildings.For instance Prestige Tower, Al Reef Villas, Al Reef 2, Dari, Capital Mall, Ghantoot Waterfront and Dunes Village.pany in the Egyptian real estate market. It has expanded its operations to become a significant player in the UAE’s real estate sector.
• Company’s Credibility in the Region: The company has established a trustworthy reputation as an architect and investor in the region. Supporting the UAE’s job market and economy by creating employment opportunities.
• Successful Projects: Manazel Real Estate’s portfolio boasts iconic developments. Such as Prestige Towers, Al Reef Villas, Al Reef 2, Dari, Capital Mall, Ghantoot Waterfront, and Dunes Village. They also establish that the company was capable of providing quality real estate solutions the projects it was handling.
• Upcoming Projects: It is carrying out already new projects and moving on with other new ones with new developments. Similar to the Desert Rose Resort for which a hotel with two hundred different desert lying tent like accommodations is planned. Meanwhile, Manazel has joint venture development plans in Yas Island and Dubai Silicon Oasis, on top of Jumeirah Village Triangle.
• Turnover: Although individual figures are not available for forecast or turnover. Manazel Real Estate can be described as a company with large investments in large projects, which indicates good solvency and development.
• Offices: Manazel Real Estate has set up offices for the administration of the diverse housing and business premises.” Regional expansion is evident from the company’s location in Riyadh, Saudi Arabia and New Cairo, Egypt.
• Head Office: Manazel Real Estate has its head office in Abu Dhabi. United Arab Emirates where it operates and is managed from.
• CEO: Currently working for Manazel Real Estate as the Group CEO, Mamdouh Fathy has more than 271 years of management experience. From more than 20 years of leadership of successful financial institutions in this region. Manazil Group Company is owns a company which is linked with the founder who is Mr. Saleh Bin Al Hammadi.

Manazel Real Estate is committed to quality and sustainable development through its strategic projects and experienced leadership.

3. Tamouh

Tamouh is the no 3rd company among the top 10 best real estate companies in Abu Dhabi.

• Establishment: Market leader Tama’a was bought by Aldar to develop parts of Abu Dhabi in 2007’s Cityscape Abu Dhabi.
• Company’s Credibility: Tamouh has a good market base in the region well established by its merger with Al Qudra Holding. Which is a clear financial and operational fundament for the growth of the company.Some of them are Marina Square and Reem Island.er in Abu Dhabi in Cityscape Abu Dhabi in 2007.
• Successful Projects: Notable projects include Marina Square and Reem Island. That have transformed today into eco-conscious and lush life experience destinations in Abu Dhabi.
• Upcoming Projects: The Leaf Tower is a new development that is going to be located in Tamouh , new luxurious homes in Abu Dhabi.
• Turnover: Corely, over the last decade, Tamouh has been increasing its investment efforts, creating thousands of residential units. And a large amount of commercial and retail space which means that it is constantly expanding.
• Offices: Tamouh has offices in different locations in Abu Dhabi. Business activities are conducted in Tamouh Tower, which is an important building.
• Head Office: The head office is located at 18throof, Tamou porer, 12 Marina squoar, Reem Island, Abu Dhabi.Syed Basar Shueb is engaged in the capacity of Chief Executive Officer and the managing director of IHC-International Holding Company.habi in 2007.

The company’s growth and strategic partnerships highlight its position as a major player in the UAE real estate sector.

4. Sorouh Real Estate

Sorouh Real Estate is the 4th among the top 10 best real estate companies in Abu Dhabi.

• Establishment: Sorouh Real Estate PJSC was formed in June, 2005 and has established itself as one of the leading property developers in United Arab Emirates.
• Company’s Credibility: Well-known it has played a great role in determination of real estate market in UAE. Sorouh integrated with Aldar Properties in June 2013 Since this merger Aldar has been left with commercial and residential property sectors. Moreover, it strengthened its image in the region among other things.
• Successful Projects: Sorouh has established good projects like Shams Abu Dhabi, Alghadeer among others. And Lulu Island, many residential areas including Golf Gardens and Khalidiya Village.
• Upcoming Projects: Other current projects are Entrada Residential and Entrada Avenue Commercial in Egypt standing as examples of the company’s innovation. Which demonstrates its dedication towards making modern communities across the state.
• Turnover: Of course, specific current figures concerning financial results have not been provided, but Sorouh has always demonstrated good economical efficiency. While healthy boosts in profits were made due to government business and rental sources.
• Offices: Sorouh has other offices within the region, as well as stations beyond the country’s borders.The head office is in Plot 45 Northern 90th Street New Cairo Egypt.Information regarding the current CEO of Sorouh after merger with Aldar is not available but available profile indicate Mounir D Haidar who work in Sorouh Real Estate.its significant contributions to the UAE’s real estate sector. Sorouh merged with Aldar Properties in June 2013. Furthermore, it cemented its reputation in the region.

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5. RAK Properties

RAK Properties is the 5th among the top 10 best real estate companies in Abu Dhabi.

• Establishment: RAK Properties was founded in 2005 with the backing of the government of Ras Al Khaimah. To stimulate economic growth and support the development of community development projects.
• Company’s Credibility: Even the Ras Al Khaimah government has its confidence in the company. This is evident with His Highness Sheikh Saud bin Saqr Al Qasimi attending company functions. Which points to its important role in the emirates’ development.
• Successful Projects: RAK Properties has implemented Seven Projects such as Julphar Residence, Bay Residence Phase 1 & 2. RAK Properties have managed to achieve some satisfaction in its hospitality segment specifically the Intercontinental Ras Al Khaimah Mina Al Arab Resort. And Spa and the Anantara Mina Al Arab Hotel and Resort.
• Upcoming Projects: It intends to come up with new residential developments and the hotel project in Ras Al Khaimah will total billions of dirhams.
• Turnover: RAK Properties financial highlights in details for the year ended 31 December 2023 show that the company received a revenue of AED 1.04 billion, an improvement from the last year; the net profit was AED 201.82 million.
• Offices: RAK Properties has set its sales office in Ras Al Khaimah at Lagoon Building 17, Mina Al Arab; and a sales office in Dubai at G04 Building 8, Bay Square Al Asayel St Business Bay.
• Head Office: The head office of RAK Properties is located in Julphar Towers, 41st Floor, P. O. Box 31113, Ras Al Khaimah- UAE ^{21} .Mohammad Sultan Al Qadi joined RAK Properties as the company’s Chief Executive Officer and he has the kind of experience, especially in the global property market, and operation to steer the enterprise tomacrospheric heights.ty development initiatives.

6. Reportage Properties LLC

Reportage Properties LLC is 6th among the top 10 best real estate companies in Abu Dhabi.

• Reportage Properties LLC Company was developed in the year 2014 and has grown to be among the most recognized companies in the UAE in the development of properties, particularly in Abu Dhabi and Dubai.Dhabi and Dubai.
• Company’s Credibility: Over the years the company has been involved in producing new, contemporary and fairly-priced housing facilities, which won the investors’ confidence to buy houses from the firm.Their first project, Leonardo Residences in Masdar City, Abu Dhabi, was completed in 2018 even if 93% of the apartments were sold during the first day of marketing.ai.
• Successful Projects: Their first project, Leonardo Residences in Masdar City, Abu Dhabi, was handed over in 2018, with a remarkable 93% of apartments reserved on the first day of its launch. They have since planned and designed in excess of eleven thousand units of housing.
• Upcoming Projects: A few of the new projects are already under way in the Emirates as well as in Egypt, Turkey, Morocco, Saudi Arabia and East Africa in the Reportage Properties Company’s assortment. They have a prospect project, Reportage Village in Dubailand and this project will cost Dh2 billion.
• Turnover: Though particular turnover are not credited, the expansion of the company coupled with involvement in upscale projects such as Reportage Village establish a healthy financial trend.
• Offices: The activities of Reportage Properties are presented in different countries, including the United Arab Emirates, Egypt, Turkey, Morocco, Russia, and the city of Dubai.
• Head Office: Reportage Properties LLC headquarters have been established on 27th Floor, Tamouh Tower Marina Square, Abu Dhabi – UAE.
• CEO/Ownership: The current management at Reportage Group is headed by the company’s CEO Mr. Islam Hamdy while the chairman of the company’s board is Mr Aref Al Khoori. Reportage Properties is owned by Islam Ahmed Suleiman.

7. Bloom Properties

Bloom Properties is 7th among the top 10 best real estate companies in Abu Dhabi.

• Bloom Properties was set up in 2007 as part of the UAE National Holding with a vision to develop high end real estate in addition to managing numerous community ventures.munity projects.
• Company’s Credibility: The company has become highly regarded in the region, with over two decades of leadership experience in UAE real estate market. Bloom Properties has grown into a company and unveiled important projects under the leadership of CEO Carlos Wakim since 2021.
• Successful Projects: Another company in dock yard city is Bloom Properties which has further developed masterpieces including Bloom central and Bloom Marina along with Bloom gardens that have contributed to the height of Dubai.
• Upcoming Projects: In Bloom Living it has planned to build more than 4000 units apartments in Abu Dhabi associated with Mediterranean architecture and various facilities.
• Turnover: As for the financial details, some things are unclear, but Bloom Energy, the related company, mentioned that the firm identified record revenue in Q3 of 2023.
• Offices: Bloom Properties target markets comprise Bloom Gardens, Bloom Marina, Saadiyat Island, Zayed City in Abu Dhabi, and Jumeirah Village Circle in Dubai.
• Head Office: The head office of Bloom Properties is was established in Abu Dhabi, UAE and the company is a part of Bloom Holding.
• CEO/Ownership: Carlos Wakim is the ceo of Bloom Holding with supervisory powers over all units inclusive of Bloom Properties. The company operates under National Holding, a group from Abu Dhabi that has its strategic stakes in the different fields.

8. Eagle Hills

Eagle Hills is not 8th among the top 10 best real estate companies in Abu Dhabi.

• Eagle Hills was founded in 2014 as a private equity Real estate Investment Firm which is located in Abu Dhabi United Arab Emirates.d Arab Emirates.
• Company’s Credibility: The company has also received accolade for it role in the enhancement of the infrastructure of various towns and cities across Europe, Africa and the Middle East. That involves creating large-scale projects of combined commercial, residential, and recreational space, water-fronts, and hotel and resort facilities.
• Successful Projects: Among others, Eagle Hills has worked on some projects, for instance, Maryam Island the Address Residences Fujairah, and Fujairah Beach all in UAE. Internationally it has developed Durrës Yachts & Marina in Dün Burgas Bulgaria Albania.
• Upcoming Projects: It has new project line up like Palace Fujairah Beach Hotel Resort which is a sophisticated living space on the pristine beaches.
• Turnover: As for specifics and timetable of financial plans, they are not disclosed, however, Eagle Hills being a subsidiary of the leading developer in UAE, it has an approximate turnover of $100 mln per year.
• Offices: We have sales offices in Abu Dhabi and Sharjah for sales of homes and commercial property.
• Head Office: The head office is at the 9th Floor, Capital Plaza Towers, Corniche Street, Al danah area, Abu Dhabi, UAE
• CEO/Ownership: The company is chaired by Mohamed Alabbar, and the chief executive officer is Low Ping. Mohamed Alabbar is also recognised as the founder as well as the managing director of Emaar Properties.

9. Zaya

Zaya is not 9th among the top 10 best real estate companies in Abu Dhabi.

• Establishment: Zaya was established in February 2008 for the development of luxury property with Tasameem Real Estate and a partner local company Assas LLC.
• Company’s Credibility: Zaya has established a reputation for undertaking luxury real estate projects, and the sum of projects in its portfolio is over US$ 9 billion, which has provided a good hint of luxury real estate projects.
• Successful Projects: The projects that Zaya is associated with are Nurai Island which is a private island for development, and Al Barari. They are both appreciated for their selectiveness and choice products and services that are offered.
• Upcoming Projects: In Zuha Island, the company plan to release in 2025, 30 unique villas priced starting from AED 60 million will also ensure Zaya maintains a luxury brand, as well as embracing new experience.
• Turnover: Though there are no separate reports on turnover at the company’s disposal, Such programs as Zuha Island provide evidence of the promising and successful financial activity of Zaya.
• Offices: The projects that Zaya manages are mainly within Dubai, and its developments and projects were in UAE luxury real estate market.
• Head Office: Zaya has their head office at Suite 2603 – Boulevard Plaza Tower 1 – Downtown Dubai – Dubai.
• CEO/Ownership: Nadia Zaal, an Emirati who is an inspiring business lady is the co-founder and CEO of Zaya.She known for her work in real estate and hospitality industry and is enlisted by Forbes among the 100 Most Powerful Women in the Middle East.Real Estate and Assas LLC.

10. Dhabi Contracting LLC

Dhabi Contracting LLC is not 10th among the top 10 best real estate companies in Abu Dhabi.

• Establishment: Several companies have been in existence in UAE since the early 80’s hence the establishment of Dh transit in 1983 as a ‘Special Category.’
• Company’s Credibility: The company has a good reputation of introducing more sophisticated technologies in various stages in project formulation and implementation, and has a record in carrying out diverse turnkey construction projects.
• Successful Projects: It has a wealth of large and middle-scale projects in industrial and commercial, institution and tall and luxury residence buildings and luxurious villas projects.
• Upcoming Projects: As to individual future activities not all of them are described, but the company is characterized by learning and preparing for future conditions.
• Turnover: It is difficult to find public data in regard to the forecast or turnover; however, construction industry in UAE is expected to rise which in turn will affect this company.
• Offices: Dhabi Contracting LLC is an international company with branches located in many countries including UAE.
• Head Office: The head office is in the Saadiyat Noon Office Building, Saadiyat Island, Abu Dhabi, United Arab Emirates.
• CEO/Ownership: According to leadership and operational skills, Samy Edward is the CEO of Dhabi Contracting LLC.

Frequently Asked Questions

Q1.Who is the top property developer in Abu Dhabi?

Aldar. Aldar Properties, established in 2004, stands as Abu Dhabi’s premier real estate company. Their operations are split into two key sectors: creating new projects (Aldar Development) and overseeing investments (Aldar Investment).

Q2. Is Abu Dhabi a good place for property investment?

Abu Dhabi’s thriving property market offers numerous investment prospects for both domestic and international investors. Given its prime location and investor-friendly policies, Abu Dhabi is fast becoming a leading investment hub in the Middle East.

Q3. Who leads Abu Dhabi?

His Highness Sheikh Mohammed bin Zayed Al Nahyan, UAE President, Abu Dhabi Ruler, and Supreme Commander of the UAE Armed Forces.

Q4. Who is the UAE’s most successful real estate professional?

Chris Boswell, 39, ranks among the Middle East’s top property dealmakers, with over $1.15 billion (Dh4.22bn) in total sales. He retains the record for Dubai’s priciest private home sale at Dh185 million in 2015 and has also traded luxury properties in Los Angeles, London, and New York.

The top 10 real estate companies in Abu Dhabi represent a microcosm of the emirate’s wide economic dynamism and commitment to excellence. Their collective efforts not only contribute to the local economy but also position Abu Dhabi as a leading destination for real estate development and investment on the international stage. The future of real estate in Abu Dhabi looks bright, with these companies leading the charge towards innovation, sustainability, and world-class living experiences.