Top 10 Developers that have the highest sale transaction for 2021
Blog Description
Before purchasing any property one must choose a high-quality real estate developer. It is one of the most important aspects of any property deal. Finding a reliable real estate developer is a major task. The real estate market of Dubai is known for its extremely fast-growing development. With such real estate development Dubai has earned the title of a World Real Estate Center.
UAE is heavily dependent on its oil and construction industry. In Dubai’s real estate sector, there are hundreds of developers fighting to remain in the market and maintain their place respectively. Home prices are hitting the low of all time and the job market is also facing a decline. While choosing a real estate developer one must not look at fancy marketing material but look for balance sheets and market reputation. A developer must make sure that they will be able to keep up their promises even in the pandemic situation and if the country hits a recession.
Our researchers from Signature Habitat have curated a list of the top 10 developers who have the best properties to offer in Dubai -
Emaar Properties - Founded in 1997, Emaar Properties is one of the leading developers in Dubai. From retail to residential and hotels to commercial Emaar properties have gained a high marketplace. Several landmark projects of Dubai are made by Emaar Properties. Two jewels created by Emaar are the tallest tower in the world Burj Khalifa and planet biggest mall Dubai Mall.
Damac Properties - World's first Bugatti-styled villas are launched by Damac Properties in Dubai. Damac Properties are one of the most luxurious real estate developers. Some iconic projects like Akoya Oxygen spread around 55 million sq. ft. This estate is also known as Beverly Hills of Dubai.
Nakheel Properties - For the past two decades, Nakheel Properties has become one of the most premium property developers in Dubai. Nakheel Properties has maintained its presence in more than 85 countries across the globe.
The First Group - 30 years old real estate developer group The First Group is globally renowned. They have properties ranging from entry-level to high-end luxury properties. They have also won an award for best residential high-rise development.
Deyaar Properties - Founded in 2002, Deyaar Properties is a subsidiary of Dubai Islamic Bank, with increasingly high profits it became an independent company. They have their development projects in the hospitality and residential industries.
Azizi Developments - First emerged in the year 2007, Azizi Development is a relative newcomer in the property market of Dubai. By the year 2013, they rebounded as a premium developer in the emirates.
Gemini Property Developers - Formed in 200k it is an expansion of Gemini group's other successful business ventures. The main focus of the firm is on developing residential projects in Dubai and India. They are working on projects based in Dubai's business bay.
Omniyat - In the initial years of its beginning Omniyat fell into losses with several of its projects getting halted or cancelled. But they retooled and emerged as one of the best developers in Dubai.
Dubai Properties - A subsidiary of Dubai holding group Dubai Properties began in 2004. Dubai properties develop commercial spaces, residential projects, and even plots of land. Dubai Properties is one of the most reliable companies in the Dubai property development market.
MAG Property Development - Founded in 2003, MAG Property Development is one of the top residential properties in the Arab World. The company is one of the leading names in residential development projects.
Dubai is home to hundreds of property developers like Sobha, Meraas and many more. Though above-mentioned are the top ten developers who had the highest sales transactions in the year 2021. We at Signature Properties are the official partners with all the major developers in Dubai. To buy or sell any ready or off-plan properties, contact our team of experts.