Who Are The Key Developers In Dubai?

As a property investor, it pays to stay privy to the most renowned developers in the city you are interested in. 

In today’s post, we are turning our attention to Dubai, which is one of our key investor locations here at Thirlmere Deacon, so much so that we have an office based in Dubai to serve our clients interested in investing here. 

But when it comes to the movers and shakers of the development world, just who should you look out for as an investor? Here is everything you need to know to guide you, whether you’ve previously invested in Dubai or if you’re new to the property scene here. 

Deyaar

Founded in 2002, Deyaar originally served as the property management unit of Dubai Islamic Bank, before expanding and becoming an independent company. Saeed Al Qatami is the current CEO of Deyaar, with subsidiaries of the company existing in 11 different countries including in the UK. 

Like many of the top developers in Dubai that feature on our list, Deyaar is responsible for developments in some of the most recognised locations across the city. This includes the likes of Business Bay, Dubai Marina and Dubai Silicon Oasis. 

With a capital value of AED 5.6bn, Deyar also focuses on property management, facilities management along with hospitality and asset management. 

Projects

• Bella Rose
• Hamilton Residency
• Midtown
• Regalia
• The Burlington
• The Citadel
• The Metropolis

Emaar Properties

With a company slogan of ‘we shape lifestyles’ Emaar Properties is responsible for some of the most iconic buildings in Dubai including the Burj Khalifa which is the tallest building in the world. 

Founded in 1997, the company produces an annual revenue of $5.3bn. Interestingly, Emaar Properties projects don’t just span traditional real estate, but the likes of hospitality and entertainment complexes too. 

Emaar Properties are also known record breakers, as aside from building the world’s tallest building, they also hold Guinness World Records for having the world’s tallest infinity pool, and the largest Oled screen which was placed in Dubai aquarium.   

Projects

• Arabian Ranches III
• Burj Al Arab
• Burj Khalifa
• Dubai Creek Tower
• Dubai Hills
• Dubai Frame
• Mina Rashid
• Reel Cinemas
• The Dubai Mall (the world’s largest shopping mall)

Mag Lifestyle Development

First established in 1978 when Dubai was on the cusp of its major expansion from the small port it once was into the global hub for business, trade and tourism it’s become today, MAG Lifestyle Development was quick to capitalise on Dubai’s potential. 

‘MAG’ refers to the company founder, Moafaq Ahmad Al Gaddah, with the business ranking in the top 40 of unlisted real estate companies in the Middle East.

MAG Lifestyle Development has created projects that span affordable housing initiatives to high end luxury developments, with a core focus on wellness focused living in Dubai and beyond.  

Projects

• MAG 318
• MAG 5 Boulevard
• MAG 5 Dubai South
• MAGEYE Residential
• MAGEYE Townhouses
• MBL Residence

Select Group

With a property portfolio spanning an impressive Gross Development Value (GDV) of £3.3bn, Select Group has built over 20 million square feet of property to date. Highly decorated with awards from the likes of Forbes Magazine, Select Group is responsible for some of the most notable developments to grace the Dubai skyline, including The Residences At Marina Gate, Royal Oceanic and Bay Central.

Here at Thirlmere Deacon, we currently have several opportunities available with Select Group both here in the UK with 98 Baker Street and Peninsula One, which is currently under construction in Dubai. 

In particular, Peninsula One provides an unmissable opportunity for investors to join the success story of Select Group, with prices starting at AED 640,000, with expected rental yields of 8% NET. 

Please contact us using the information at the end of this post if you are interested in investing in Peninsula One by Select Group.

Projects

• 98 Baker Street (London)
• Bay Central
• Jumeirah Living Marina Gate
• Peninsula One
• Royal Oceanic
• The Residences At Marina Gate

The First Group

The First Group was one of the initial pioneers of hotel room investment in Dubai. The company was founded in 2005 by Danny Lubert, who remains a senior partner in the firm.

The company has looked to capitalise on the fact that Dubai is one of the fastest growing tourism destinations in the world, with visitors spending more money in Dubai than cities such as New York, Singapore and London.

A reflection of this fact is the many hotel room and suite opportunities that are available through The First Group, with both big name hotel groups and independent brands alike. The company currently attracts investors from more than 70 countries, demonstrating the impressive reach of the opportunities that they provide. 

Projects 

• Al Dar Tower
• Ciel
• Dolphin Tower
• Millennium Place
• Sky Bay
• The One Hotel At Business Bay
• Wyndham Dubai Marina

Investment Properties Dubai

Are you interested in securing your very own investment opportunity in Dubai? Thirlmere Deacon is a property investment company with offices in London and Dubai. 

As mentioned, we currently have opportunities with Select Group which not only appears on the above list but is one of the leading property developers in Dubai. 

We welcome potential investors to take a look at our current buy-to-let opportunities or scroll to the top of this page to view our investor resources to find our Dubai property investment page. 

If you’d like any further advice on anything we’ve mentioned above, or if you are considering investing in one of our opportunities, please drop us a message or call us on +44 (0) 203 9507939. 

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