Top 100 real estate companies in the GCC by value

Ranking Name Based Key projects Located

1 Nakheel Corporation UAE The Waterfront, Palm Deira, Palm Jumeirah, UAE
The World
2 Aldar UAE Deyaar Park residential project Abu Dhabi

3 Dubai Properties UAE Mohammed bin Rashid Gardens, Mudon Dubai, Dubailand

4 Tamdeen Real Estate Company Kuwait City of Silk Kuwait

5 Emaar Properties UAE Kind Abdullah Economic City Saudi Arabia

6 Limitless UAE Arabian Canal, Downtown Jebel Ali, Al-Wasl UAE, Saudi Arabia

7 Tatweer UAE Bawadi, Tiger Woods, Six Flags theme park UAE

8 Sorouh Real Estate UAE Shams Abu Dhabi, Lulu island, Al-Ghadeer UAE

9 Tourism Development & Investment UAE Saadiyat, Desert islands UAE

Company
10 Tamouh Investments UAE Reem island, University City, Jebel Hafeet UAE

11 Tameer Holding UAE Tameer Tower, Al-Ameera Village UAE

12 Abu Dhabi Future Energy Company UAE Masdar City Abu Dhabi
(Masdar)
13 Sama Dubai UAE Lagoons, Jeddah Towers, Yiti, Shinaz UAE, Saudi Arabia,
Oman
14 Kingdom Holding Saudi Mile High Tower, Riyadh Multi-Purpose Saudi Arabia
Arabia Scheme
15 Damac Properties UAE Ocean Heights, La Residence at the Lotus Dubai Marina,
Business Bay

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Top 100 real estate companies in the GCC by value

16 International Capital Trading UAE Nation Towers, Ghantoot Green City UAE

17 Mubadala Development Company UAE Sowwah island, Arzanah, Sorbonne UAE

University
18 Barwa Real Estate Company Qatar Al-Khor Barwa City Qatar

19 Majid al-Futtaim UAE Yenkit Oman, Iran

20 Mizin UAE Remraam, Arjan, Majan UAE

21 Qatari Diar Real Estate Investment Qatar Lusail, Doha Convention Centre Qatar
Company
22 Meydan UAE Meydan Racecourse development UAE

23 Al-Futtaim Group UAE Festival City Dubai

24 Al-Shamiyah Urban Development Saudi Al-Shamiyah Mecca development Mecca

Company Arabia
25 Abu Dhabi Investment House UAE Lusail Entertainment City, Porta Moda Qatar

26 Abu Dhabi Municipality UAE Mohammed bin Zayed City Abu Dhabi

27 Reem Investments UAE Najmat Abu Dhabi UAE

28 Rakeen Development UAE Marjan island, Gateway City UAE

29 Seera City Real Estate Development Saudi Medina Knowledge Economic City Saudi Arabia
Company Arabia
30 RAK Properties UAE Mina al-Arab, Jebel Jais, Julfar Towers UAE

31 Khabary Holding Kuwait Khabary City Kuwait

32 Al-Fahim Group UAE Dubai Pearl Dubai

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Top 100 real estate companies in the GCC by value

33 Al-Hanoo Holding Company UAE Nujoom islands Sharjah

34 Al-Zorah Development Company UAE Al-Zorah Ajman

35 Eslam Group UAE Green City Ajman

36 Oqyana UAE Oqyana UAE

37 Dar al-Arkan Real Estate Company Saudi Shams al-Riyadh Saudi Arabia
Arabia
38 Real Estate Investment Establishment UAE Ajman City, Marmooka City UAE

39 R Holdings UAE Emirates City UAE

40 Union Properties UAE Motor City, Index Tower UAE

41 ETA Star UAE Verde Residences and Offices Dubai, Dubai

Maritime City
42 Tanmiyat Group Saudi DIFC Towers, Legands Dubailand UAE
Arabia
43 Aristocrate Holdings/Pearl Properties UAE The Palisades Dubai

44 Energy City Development Company Qatar Energy City Qatar

45 I&M Galadari UAE City of Arabia UAE

46 Deyaar UAE Deyaar Park residential project Downtown Jebel

Ali/IMPZ
47 Hydra Properties UAE Hydra Village Abu Dhabi

48 Durrat Khaleej al-Bahrain Company Bahrain Durrat Marina Bahrain

49 Ajman Marina Company UAE Ajman Marina Ajman

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Top 100 real estate companies in the GCC by value

50 Hydra al-Aqeelah Development UAE/Kuwait Aqeeh al-Marina Kuwait

Company
51 Qatar Real Estate Investment Qatar Al-Khor Housing, Mesaieed Industrial City Qatar
Company
52 High Rise Real Estate UAE Abu Dhabi Rotating City Abu Dhabi

53 Dubai World Trade Centre UAE Redevelopment of World Trade Centre Dubai

54 Bawadi/Al-Ghurair Investments UAE Bawadi Shopping Mall Dubai

55 Jabal Omar Development Company Saudi Mecca Jabal Omar Saudi Arabia
Arabia
56 United Development Company (UDC) Qatar The Pearl Qatar Qatar

57 Select Group UAE Marina Torch, Aquitainia, Bay Central Dubai

58 Omniyat UAE Opus, Bayswater, The Pad, Binary Towers Dubai

59 Wasl UAE District 49 Dubai

60 Dubai Healthcare City UAE Dubai Healthcare City Dubai

61 Cirrus Developments UAE Canal District five-star resort Dubai Waterfront

62 Al-Murjan Real Estate UAE White Bay Umm al-Quwain

63 Arcapita (formerly First Islamic Bahrain Bahrain Bay Bahrain

Investment Bank)
64 Kuwait Finance House Kuwait Diar al-Muharraq, Bahrain Science & Bahrain
Technology Park
65 MAF Group/Yenkit Tourism UAE Integrated tourism complex Oman

66 IFA Hotels & Resorts Kuwait Golden Mile, Palm Fairmont, Kingdom of Dubai
Sheba

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Top 100 real estate companies in the GCC by value

67 United Holdings UAE Abu Dhabi mixed use development Abu Dhabi

68 Zabeel Investments UAE Tiara United Towers, Porto Dubai Dubai

69 Abwab Real Estate UAE Al-Barari Dubai, Dubailand

70 Blue City Company 1 (BCC1) Oman Al-Medina al-Zarqa (Blue City) Oman

71 Capri Capital Partners Saudi KAEC mixed-use development Saudi Arabia

Arabia
72 Eshraq Properties UAE Marina Rise Abu Dhabi, Reem
island
73 Malaysian Resources Corporation Malaysia Transport and commercial hub Saudi Arabia

74 Masraf al-Rayan Qatar Smart Industrial City Qatar

75 Nasser bin Khaled & Sons Group Qatar Al-Waab City Qatar

76 The Wave Oman The Wave Muscat Oman

77 Manazel UAE Reef Villas, Building Materials City, Dune UAE

Village
78 Alternative Capital Invest (ACI) Germany Michael Schumacher Business Avenue, Dubai, Business
Boris Becker Tower Bay
79 Aqua Dunya LLC UAE Aqua Dunya Dubailand

80 Sunland Group Australia Versace Hotel, Palm Jebel Ali Twin Towers UAE

81 Emaar Bawadi UAE Asmaran Dubailand

82 Abu Dhabi Towers Property UAE Addax Port Abu Dhabi, Reem
Investment Company (ADTPIC)b island
83 Salem al-Moosa UAE Falcon City UAE

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Top 100 real estate companies in the GCC by value

84 Select Property UK Aquitania, Pacific UAE

85 Chapal World UAE Flora Residences Ajman

86 Fortune Group UAE Burj al-Alam Dubai

87 Emirates German Group UAE Dolphin City Abu Dhabi

88 Grand Real Estate Projects (Grep) Kuwait Riyadh tourism development project Saudi Arabia

89 Ithmaar Development Company Bahrain Seef Tower, Dilmunia Health island Bahrain

90 Isharaq UAE The Onyx, Mayor Plaza UAE

91 Jabal Khandama Development Saudi Jabal Khandama development Saudi Arabia,

Company Arabia Mecca
92 Journey of Light Oman Omagine Oman

93 Land Company for Property Saudi Riyadh Ajmakan Saudi Arabia

Development & Investment Arabia
94 Kerzner International Limited Bahamas Atlantis UAE

95 Victory Heights Golf Residential UAE Victory Heights golf development UAE
Development
96 Galadari Investment Office UAE Stresa Towers Dubai
(GIO)/Gianfranco Ferre
97 Muriya Tourism Development Oman City Complex, Salalah Beach Hotel, Al- Oman
Company Sodah island Hotel, Jebel Sifah resort
98 Dubai Airport Free Zone Authority UAE Dubai Silicon Oasis Dubai
(Dafza)
99 Al-Manal Development UAE Crown City Dubai Investments
Park
100 Schon Properties UAE Dubai Lagoon, Schon Residences UAE

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Top 100 real estate companies in the GCC by value
Note: Data is made up of estimates for the total value of projects that each developer has under development.
For master developers this includes the total value of buildings that are developed by third-party companies.
Source: MEED/MEED Projects

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 Value of
developments
($bn)
110

99

95

77

77

73

65

40

40

40

32

26

25

22

21

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 16

15

11

11

10

10

10

9.5

9.3

9.2

8.7

8.1

7.6

6.7

6.3

5.5

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 5

4.6

4.2

3.8

3.8

3.5

3.5

3.5

3.4

3.2

3.1

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 3

2.8

2.8

2.7

2.7

2.7

2.6

2.6

2.6

2.6

2.5

2.5

2.3

2.3

2.2

2.1

2.1

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 2.1

1.9

1.9

1.8

1.8

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 1.8

1.8

1.7

1.7

1.7

1.7

1.6

1.6

1.6

1.6

1.5

1.5

1.5

1.5

1.4

1.4

1.4

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