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] In 2009 the attorney general of Dubai stated that Hashim Al Dabal, then chairman of Dubai Properties, was arrested on "suspicion of embezzlement". [4] The government of Dubai announced the following year that Al Dabal was released after returning $35 million in public funds. [5]
Dubai Properties core activity is the development of large scale residential and commercial property developments within the Emirate of Dubai. [6]
The portfolio of projects handled by Dubai Properties includes:
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.
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 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 Jumeirah Islands is a housing development in Dubai, United Arab Emirates, developed by Nakheel Properties, a Dubai-based property development company. The development is located inland from Dubai Marina and Jumeirah Lake Towers, east of the central spinal highway, Sheikh Zayed Road (E11), between interchanges 5 and 6. Jumeirah Islands consist of small islands, each containing sixteen residential villas; with varied architectural designs ranging from Islamic to Mediterranean. The islands are situated in an artificial lake filled with seawater, with a land-to-water ratio of 23:77. The complex includes fifty islands, a restaurant, a supermarket, a clubhouse, a gym, beauty salons, a pharmacy and, a leisure facility. Each of the 736 houses has its own swimming pool. The project was completed by the end of 2006. Nearby properties include the Jumeirah Lake Towers and Palm Jumeirah, both built by Nakheel Properties.
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.
Al Jaddaf, also spelled Al Jadaf, is a locality in Dubai, United Arab Emirates (UAE). Located in western Dubai in Bur Dubai, Al Jaddaf is bordered to the north and east by the Dubai Creek, to the south by Zabeel, and to the west by Umm Hurair 2.
Arabtec Holding PJSC, Dubai's most heavily traded and largest construction group in GCC together with its subsidiaries, provided construction services for residential, commercial, oil and gas, infrastructure, power, facilities management, and property development sectors in the United Arab Emirates and internationally. It operated through Construction; Mechanical, Electrical and Plumbing; Oil & Gas, Infrastructure and Power; and other segments. The company was involved in the construction of high-rise towers, buildings, and residential villas, as well as drainage, electrical, mechanical, and plumbing contracting, and civil and infrastructure construction works. It also engaged in real estate investment, development, leasing, and management activities. In addition, the company manufactured precast panels and steel structures, as well as ready-mixed concrete
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.
Kabir Mulchandani is an Indian-born, Dubai-based real estate and hospitality businessman and philanthropist. He is the Founder and Chairman of FIVE Holdings, which includes FIVE Hotels and Resorts; FIVE Palm Jumeirah, FIVE Jumeirah Village, FIVE Zurich, FIVE LUXE, and FIVE Music along with The Pacha Group.
Hussain Sajwani is an Emirati billionaire businessman and the founder of the property development company, DAMAC Properties, and his private investment company, DAMAC Group.
The following outline is provided as an overview of and topical guide to Dubai.
Meraas is a holding company privately held and headquartered in Dubai with operations and assets in the United Arab Emirates. In 2020, Meraas become a subsidiary of Dubai Holding, following a directive from Sheikh Mohammed bin Rashid Al Maktoum, Ruler of Dubai.
Real Estate in Dubai refers to the market for property development and investment in the emirate of Dubai, United Arab Emirates. Real estate is a significant contributor to Dubai's economy, accounting for a substantial portion of the city's GDP. Dubai's real estate market has experienced growth and transformation, driven by the city's rapid economic development, strategic location, and urban planning. Real estate is a driver of Dubai's economy. The city's real estate industry is regulated by the Dubai Real Estate Regulatory Agency.
Wasl is a semi-government real estate management and development company based in Dubai, United Arab Emirates. It is one of the largest real-estate development and management companies in Dubai.