Dubai Properties was founded in 2002 as Estithmaar Realty and is now recognized as one of Dubai’s leading real estate developers. The company made its mark with the Jumeirah Beach Residence (JBR), recognized as the world's largest single-phase residential project. In 2005, Dubai Properties became part of Dubai Holding. With 20 years of experience as a residential developer, it focuses on creating attractive living spaces that make Dubai a top choice for residents and investors in the region.
Dubai Properties plays an important role in Dubai's real estate market. It attracts foreign investments and boosts the city’s reputation for luxury properties. The company has shown strong financial performance, with high occupancy rates and good rental yields. As Dubai grows as a global business hub, Dubai Properties will continue to shape its real estate landscape.
Dubai Properties has greatly influenced the skyline of Dubai through its innovative, community-focused developments. Notable projects include Jumeirah Beach Residence (JBR), a vibrant waterfront area completed in 2010 that features 40 towers blending Mediterranean and Arabic styles, centered around the bustling outdoor shopping destination, The Walk. Additionally, the company has created Business Bay, Dubai's central business district, which seamlessly integrates commercial, residential, and hospitality spaces along the picturesque Dubai Water Canal. The firm has also played a pivotal role in enhancing Dubai's tourism sector with Dubailand, a vast entertainment hub full of theme parks and leisure attractions. Furthermore, they introduced Business Bay Marina, the region's first dedicated yachting destination, along with the secured community of Mudon, which offers villas and townhouses with 24-hour security. Through these projects, Dubai Properties exemplifies urban excellence by harmonizing lifestyle, commerce, and leisure, cementing Dubai’s reputation as a world-class city.
Dubai Properties manages residential communities through its Community Management division, ensuring they are well-kept, secure, and efficient. They handle common areas, enforce rules, and address residents' concerns. Notable communities include Bluewaters, City Walk, Port de La Mer, and Business Bay Executive Towers. Additionally, Dubai Properties supports local philanthropic initiatives with over AED 2 Billion committed for future projects, aiming to build strong communities and promote belonging among residents.
Dubai Properties focuses on sustainability in its real estate projects. The company uses green building practices and eco-friendly designs to improve energy efficiency and water conservation. It has implemented systems that save energy in its residential communities, reducing CO2 emissions by about 1,450 tonnes annually. For example, The Executive Towers in Dubai have received energy-efficient upgrades for better living conditions. Additionally, Mudon Al Ranim townhouses feature solar water heaters, advanced insulation, shading systems to block direct sunlight, and recycled water for landscaping, contributing to the creation of greener communities.
