Dubai Properties

Al Khaleej Al Tejari 1 Street Level 10, Business Bay Dubai United Arab Emirates

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About Dubai Properties

Summary

Dubai Properties is a prominent real estate development and management company based in Dubai, United Arab Emirates, and is a subsidiary of Dubai Holding. Established in 2002 as Estithmaar Realty, the company initially gained recognition with the development of Jumeirah Beach Residence (JBR), the world’s largest single-phase residential project. In 2005, it became part of Dubai Holding, contributing significantly to the real estate sector in Dubai. Dubai Properties focuses on the creation of large-scale residential and commercial developments, enhancing Dubai’s position as a global real estate hub.

The company’s portfolio spans some of Dubai’s most iconic projects, including Jumeirah Beach Residence, Business Bay, the Executive Towers, Mudon, Villanova, and the Villa, among many others. Dubai Properties has played a vital role in shaping some of the city’s most sought-after residential areas, offering a range of properties such as villas, townhouses, and apartments.

With nearly two decades of experience, Dubai Properties has gained deep insights into the needs of homeowners and investors, offering innovative and diversified real estate solutions. Their developments are designed to create enriching lifestyles, focusing on family-friendly environments and modern amenities. Projects like Mudon Al Ranim and La Rosa in Villanova are prime examples of their commitment to creating sustainable communities with ample green spaces and modern living standards.

History

Dubai Properties’ history dates back to 2002 when it was first established as Estithmaar Realty. The company was founded with the vision of becoming a world-class real estate and asset management organisation that would play a key role in the growing real estate sector in Dubai. Its initial project, Jumeirah Beach Residence (JBR), was a groundbreaking development and is recognised as the world’s largest single-phase residential project.

In 2005, Dubai Properties evolved and became part of the Dubai Holding group, a diversified global company formed in 2004. Dubai Holding aimed to manage and oversee projects that would support Dubai’s economic, social, and industrial development. This shift marked the beginning of Dubai Properties’ expansion and diversification, solidifying its position as a major player in the Dubai real estate market.

The company continued to grow, leveraging its expertise and the support of Dubai Holding. Dubai Properties was instrumental in developing several key residential and commercial projects across Dubai, such as Business Bay, the Executive Towers, and Jumeirah Beach Residence. Its portfolio expanded to include major developments in areas like Dubailand, Business Bay Marina, and Jaddaf Waterfront.

With nearly two decades of experience, Dubai Properties now stands as one of the leading developers in the UAE, having created iconic residential communities and contributing significantly to the city’s skyline and economy.

Portfolio

Dubai Properties has developed a diverse and extensive portfolio of residential, commercial, and mixed-use projects across Dubai.

In the residential sector, Dubai Properties has created notable developments like Jumeirah Beach Residence (JBR), a prominent waterfront community consisting of 40 high-rise towers offering apartments with sea views. Mudon is another significant project, a family-oriented community that features villas and townhouses. Mudon has seen the addition of several phases such as Mudon Al Ranim and Mudon Views, providing modern living options in a well-connected and green environment.

Villanova, a master-planned community in Dubailand, offers phases like La Rosa, La Violeta, and La Tilia, providing townhouses and villas. The community focuses on providing a family-friendly lifestyle with various amenities. Another key residential development is Serena, a residential community inspired by Mediterranean architecture, offering spacious townhouses and villas. Remraam is a more affordable living option, offering a range of apartments in a gated community, while The Villa, located in Dubailand, is a luxury villa community featuring spacious homes with traditional Spanish-style architecture.

Dubai Properties has also made significant strides in the commercial and mixed-use development sector. Business Bay is a central business district that features a variety of commercial towers, hotels, and residential buildings. The Executive Towers, a complex of 12 towers in Business Bay, incorporates residential, commercial, and hotel components. Bay Avenue, a retail and commercial hub within the Executive Towers complex, adds value to the surrounding developments. Vision Tower, an iconic commercial tower in Business Bay, is known for its unique design, while Central Park Towers, located in the Dubai International Financial Centre (DIFC), offers a mix of office and residential spaces.

In addition to these, Dubai Properties has also developed several iconic and landmark projects. 1/JBR is a luxury beachfront development, offering high-end apartments with stunning views of the Arabian Gulf. Dubai Wharf, located along the Dubai Creek, is a waterfront development that combines residential units, retail spaces, and leisure facilities. Manazel Al Khor, another waterfront residential development, offers unique living opportunities along the creek, while La Vie, a luxury residential development in JBR, provides premium apartments with expansive sea views.

Leadership Team

HH Sheikh Ahmed Bin Saeed Al Maktoum | Chairman
Amit Kaushal | Group Chief Executive Officer
Aldrin Sequeira | Chief Internal Audit Officer
Khalid Al Malik | Managing Director
Boris Rusafov | Chief Technology Officer
Edward Sunna | Chief Legal Officer
Fatma Hussain | Chief People Officer
Huda Buhumaid | Chief Impact Officer
Omar Karim | Group Chief Investment Officer
Sharjil Anwar | Chief Financial Officer

References

Dubai Properties | Leading Real Estate Developer in Dubai | Dubai Properties
Dubai Properties | Wikipedia
DUBAI PROPERTIES GROUP LLC Company Profile | Dun & Bradstreet
Dubai Properties Group – Overview, News & Similar | ZoomInfo
Dubai Properties Projects in Dubai for sale | fam Properties

Al Khaleej Al Tejari 1 Street Level 10, Business Bay Dubai United Arab Emirates

Website https://www.dp.ae/

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