Company type | Subsidiary |
---|---|
Industry | Real estate |
Founded | 2002 |
Headquarters | Dubai, United Arab Emirates |
Key people | Khalid Al Malik, CEO [1] |
Parent | Dubai Holding |
Website | Official site |
Dubai Properties is a property development and management company based in Dubai, United Arab Emirates. [2] The company is a member of the Dubai Holding group. [3]
Dubai Properties is a member of the Dubai Holding group and is based in Dubai, United Arab Emirates. Dubai Properties core activity is the development of large scale residential and commercial property developments within the Emirate of Dubai. [4]
The portfolio of projects handled by Dubai Properties includes:
The Burj Al Arab is a luxury hotel in Dubai, United Arab Emirates. Developed and managed by Jumeirah, it is one of the tallest hotels in the world, although 39% of its total height is made up of non-occupiable space. Burj Al Arab stands on an artificial island that is 280 m (920 ft) from Jumeirah Beach and is connected to the mainland by a private curving bridge. The shape of the structure is designed to resemble the sail of a ship. It has a helipad near the roof, at a height of 210 m (689 ft) above ground.
Nakheel Properties is a real estate development company based in Dubai, United Arab Emirates. The formal name of the company is Nakheel PJSC and it was a subsidiary of Dubai World and a private state-owned enterprise.
Dubai Marina, aka Marsa Dubai, is a district in Dubai, United Arab Emirates. It is an artificial canal city built along a 3-kilometre (2 mi) stretch of the Persian Gulf shoreline. As of 2018, it has a population of 55,052. When the entire development is complete, it will accommodate more than 120,000 people in residential towers and villas. It is located on Interchange 5 between Jebel Ali Port and the area which hosts Dubai Internet City, Dubai Media City, and the American University in Dubai. The first phase of this project has been completed. Dubai Marina was inspired by the Concord Pacific Place development along False Creek in Vancouver, BC, Canada.
Dubai Holding is Dubai ruler Sheikh Mohammed bin Rashid al-Maktoum's global investment holding company and personal investment portfolio, which owns 99.67% of the capital.
Jumeirah is an Emirati state-owned luxury hotel chain.
Business Bay is a central business district under construction in Dubai, United Arab Emirates. The project features numerous skyscrapers located in an area where Dubai Creek has been dredged and extended, and located immediately south of Downtown Dubai. Business Bay will have upwards of 240 buildings, comprising commercial and residential developments. The infrastructure of Business Bay has been completed in 2008, and the entire development was expected to be completed between 2012-2015. Business Bay is part of the vision of His Highness Sheikh Mohammed Bin Rashed Al Maktoum, UAE Vice President, Prime Minister, Minister of Defence, and Ruler of Dubai. Business Bay will be a new 'city' within the city of Dubai and is being built as a commercial, residential and business cluster along a new extension of Dubai Creek extending from Ras Al Khor to Sheikh Zayed Road. Covering an area of 64,000,000 square feet (5,900,000 m2), it is composed of office and residential towers set in landscaped gardens with a network of roads, pathways and canals.
The Princess Tower is a 101-story, 413.4 m (1,356 ft) tall residential-only skyscraper located in the Marina district of Dubai, UAE. As of September 2022, Princess Tower is the third tallest building in Dubai, after the Burj Khalifa and Marina 101 and the 36th tallest building in the world. Princess Tower was the tallest residential building in the world from 2012 to 2015, when it was overtaken by 432 Park Avenue in New York City.
The government of Dubai took a decision to diversify from a trade-based, oil-reliant economy to one that is service and tourism-oriented. This has made real estate and other developments more valuable, thus resulting in a property boom from 2004 to 2006. Construction on a large scale has turned Dubai into one of the fastest-growing cities in the world. There are a number of large-scale projects which are currently under construction or are to be constructed in the future. Due to the heavy construction which is taking place in Dubai, 30,000 construction cranes, which are 25% of cranes worldwide, are operating in Dubai. Due to the burst of construction, Dubai has acquired various building-related records, which include: the world's tallest tower, the world's largest shopping mall, the world's largest fountain and the world's tallest hotel. Also under construction is Dubailand, which will be almost twice the size of the Walt Disney World Resort.
The Al Fattan Marine Towers is a complex in the Dubai Marina section of Dubai, United Arab Emirates. The towers are located within Jumeirah Beach Residence, a 40-tower, 7,000 unit residential and hotel development which runs alongside Dubai Marina. The Al Fattan Marine Towers consist of two twin 50-story towers, the Al Fattan Tower, and the Oasis Beach Tower, consisting of serviced and residential apartments which have since been sold to individual investors and homeowners. Both towers stand at a height of 245 m (804 ft) and a roof height of 230 m (755 ft), and are the tallest buildings in Jumeirah Beach Residence. Construction of both towers was completed in 2006. Following completion the developer, Al Fattan Properties LLC built a 12-storey office and retail building on an adjacent plot between the towers and Dubai Marina restricting views of the marina from the towers. In 2012 Al Fattan commenced construction of two high-rise towers on the beach in front of the towers which will largely restrict seaviews from Al Fattan Marine Towers. Al Fattan had earlier demolished a 10-story hotel on the site, the Oasis Hotel, which it had built about a decade earlier. Originally Al Fattan proposed to build a mega 97-tower building on the site to be called Burj Al Fattan, however a subsequent decision was made to split the development into two high-rise towers. The exact number of floors is not known as there has been no public disclosure of the project.
Jumeirah Beach Residence is a 1.7 kilometres (1.1 mi) long, 2 square kilometres (0.77 sq mi) gross floor area waterfront community located on the coast of the Persian Gulf in Dubai Marina in Dubai, United Arab Emirates. It is a residential development and contains 40 towers. JBR can accommodate about 15,000 people, living in its apartments and hotel rooms. The Project has 6,917 apartments, from 900 sq ft (84 m2) studios to 5,500 sq ft (510 m2) penthouses. JBR has a total of six residential blocks, Shams, Amwaj, Rimal, Bahar, Sadaf and Murjan. JBR is within walking distance to Dubai Marina, Dubai Tram and Dubai Metro.
Jumeirah Creekside Park is a group of two towers in Dubai Healthcare City in Dubai, United Arab Emirates. The towers are Jumeirah Creekside Park Residence and Jumeirah Creekside Park Hotel. Jumeirah Al Khor Residence is the taller of the two with 43 floors, standing at 172 metres (564 ft). The other tower has a height of 140 metres (460 ft), with 35 floors. Construction was expected to be completed in 2008 but was put on hold for several years until it recommenced in 2012.
The Palm Monorail is a monorail line on the Palm Jumeirah island in Dubai, United Arab Emirates. It is operated by the UK-based Serco. The monorail connects the Palm Jumeirah to the mainland, with a planned further extension to the Red Line of the Dubai Metro. The line opened on April 30, 2009 as the Palm Jumeirah Monorail. It is the first monorail in the Middle East.
There are many tourist attractions in Dubai, resulting from the large scale construction boom. Dubai received 14 million tourists from all around the world in 2015. Euromonitor ranked the world's 150 most visited cities by international tourists in 2009; Dubai ranked 7th. Dubai welcomed 14.36M visitors in 2022. Dubai's economy relies on many sections of the "state", one of the most important being tourism, in 2014 total 70,475,636 passengers traveled through Dubai Airport.
"Dubai Inc." is a phrase used to describe a diverse portfolio of companies owned primarily by the government of Dubai. These State-Controlled investment entities grew from what was a vision of Sheikh Mohammed bin Rashid Al Maktoum's predecessors in the year 2000. Since then, the ruling family has selected leading figures to "take over what has proven to be one of the most extraordinary success stories in global investment and development." Some examples of local companies under Dubai Inc. include Dubai World, Dubai Holding, the Emirates airline, and investment subsidiaries under Dubai World, such as Dubai Ports World, Jebel Ali Freezone, Nakheel, P&O Ferries, and others.
DAMAC Properties is an Emirati property development company, based in Dubai, in the United Arab Emirates. Founded by Hussain Sajwani, it was listed on the Dubai Financial Market in early 2015. The company was delisted in 2022 after it was taken private again; Sajwani, who retained 72% of all shares, purchased the remaining shares for 2.19 billion AED. The company operates internationally.
The following outline is provided as an overview of and topical guide to Dubai.
The First Group is a real estate developer and hospitality company based in Dubai, UAE. With over two decades of experience, the company has established properties and hospitality services across the UAE.