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      • Main page News News & Events
      • Dubai’s Real Estate Titans: A Snapshot of October 2024’s Top Developers and Their Record Sales

      Source: Property Finder


      • Emaar Properties

      As one of the largest real estate developers in the UAE, Emaar is renowned for iconic projects such as the Burj Khalifa and Dubai Mall. In October 2024, Emaar led the market with 3,082 transactions, totaling AED 11.54 billion in sales, reflecting its strong brand recognition and investor confidence in its developments.

      • Damac Properties

      Known for luxury residential and commercial properties, Damac has significantly impacted Dubai’s skyline with projects like Akoya and Damac Hills. In October 2024, it recorded 2,491 transactions amounting to AED 5.14 billion, showcasing its appeal among high-end buyers and investors.

      • Meydan

      This developer is famous for its ambitious projects, which include the Meydan Racecourse and various residential developments. In October 2024, Meydan achieved 356 transactions with total sales of AED 4.09 billion, indicating a solid performance within the competitive market.

      • Sobha Group

      Sobha Group is recognized for its luxury real estate offerings and commitment to quality. With 1,559 transactions totaling AED 3.17 billion in October 2024, Sobha continues attracting buyers looking for premium properties emphasizing craftsmanship and design.

      • Meraas

      A prominent player in Dubai’s real estate sector, Meraas focuses on mixed-use developments that blend residential living with entertainment and retail experiences. In October 2024, Meraas recorded 318 transactions worth AED 2.68 billion, reflecting its innovative approach to urban development.

      • Aldar Properties

      Based in Abu Dhabi but influential across the UAE, Aldar is known for its sustainable developments and community-focused projects. In October 2024, Aldar completed 613 transactions with total sales of AED 2 billion, demonstrating its strong market presence.

      • Nakheel

      Nakheel is famous for developing Palm Jumeirah and other landmark projects and is crucial in shaping Dubai’s coastal landscape. In October 2024, it reported 422 transactions totaling AED 1.99 billion, highlighting continued interest in its unique offerings.

      • Majid Al Futtaim

      This developer is well-known for integrating retail with residential spaces through projects like the Mall of the Emirates. In October 2024, it recorded 547 transactions with total sales of AED 1.56 billion, showcasing its ability to attract diverse buyers.

      • Azizi Developments

      Focused on affordable luxury homes, Azizi has gained popularity among first-time buyers and investors alike. In October 2024, it achieved 1,204 transactions totaling AED 1.37 billion, reflecting strong demand for its well-priced properties.

      • Bingatti Developers

      A relatively newer player known for innovative designs and affordable housing solutions, Bingatti has quickly made a name for itself in Dubai’s competitive market. In October 2024, it recorded 519 transactions with total sales of AED 871.24 million, indicating a growing acceptance among buyers looking for value-driven options.

       

Tradex Mena is a consulting group with 25 years of experience in the MENA region, particularly in the UAE and Turkey, offering services like market research, strategy advisory, business development, and investment advisory. Additionally, it operates a B2B platform for connecting buyers and sellers, facilitating investment opportunities and project collaborations.

Visit Us

  • Tradex Mena International Consulting Group L.L.C-FZ
  • 6th Floor, Business Center, The Meydan Hotel Grandstand, Meydan Road, Nad Al Sheba, Dubai, United Arab Emirates
  • Phone: +971 50 240 9735
  • Email: info@tradexmena.com
  • TRADEX INTERNATIONAL CONSULTING DANIŞMANLIK itH. iHr. ve TiC. LTD. ŞTi. Tomtom Mah. istiklal Cad. Beyoğlu iş Merkezi No.187 iç Kapr No: 4 Beyoğlu/iSTANBUL Beyoğlu V.D. 8591125255
  • Phone: +90 531 640 4133
  • Email: info@tradexmena.com
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