Dubai is an iconic place where luxury is at its best. The skylines, world-class infrastructure and diverse communities make Dubai a wonderful place to visit and live. People having diverse preferences come to Dubai knowing they will never be disappointed. The waterfront properties and urban apartments can be new reasons for amazement for everyone visiting Dubai for the first time. The unparalleled living experience that the city offers is difficult to replace. Let's know more about Dubai's real estate market for 2024.

List of the top 20 real estate developers in Dubai

Here is the list of the top 20 real estate developers in Dubai offering the living you dreamt of.

#	Company Name	Revenue 2024 ( in million AED)	Revenue 2023 ( in million AED)	Growth Rate	Established Year
1	Emaar Properties	35,505	26,750	32.7%	1997
2	Sobha Realty	8,900	6,900	29.0%	1976
3	DAMAC Properties	8,843	3,000	194.8%	2002
4	Majid Al Futtaim	8,700	6900	26.1%	1992
5	Binghatti Developers	6,345	2,132	197.6%	2008
6	Danube Properties	5,130	N/A	N/A	2014
7	Arada	3,944	2769	42.4%	2017
8	Tiger Properties	1,800	1000	80.0%	1976
9	Omniyat	1,623	1,707	-4.9%	2005
10	Deyaar Development	1,512	1,254	20.6%	2002
11	Azizi Developments	839.5	N/A	N/A	2007
12	Union Properties	528.7	508	4.1%	1987
13	Meraas	327.2	N/A	N/A	2007
14	Dubai Properties	208.9	N/A	N/A	2002
15	Ellington Properties	121.5	N/A	N/A	2014
16	Al Barari Developers	106.8	N/A	N/A	2005
17	Seven Tides	103.5	N/A	N/A	2004
18	Select Group	54.7	N/A	N/A	2002
19	MAG Lifestyle Development	23.5	N/A	N/A	2003
20	Nakheel Properties	14.3	N/A	N/A	2000

Data updated in September 2025

*Revenue figures have been collected from official company financial statements, annual reports, and websites where available. For some companies without public financial disclosures, estimates from trusted third-party platforms such as ZoomInfo have been used.

An overview of top 5 developers in Dubai

Top projects by developers in Dubai

Company Name	Major Projects
Emaar Properties	Burj Khalifa, Dubai Mall, Dubai Marina, Emirates Living, Arabian Ranches
Sobha Realty	Sobha Hartland, Sobha Creek Vistas, Sobha One
DAMAC Properties	DAMAC Hills, AYKON City, DAMAC Towers, AKOYA Oxygen
Majid Al Futtaim	Serenity Mansions, Ghaf Woods
Binghatti Developers	Binghatti Venus, Binghatti Skyrise, Bugatti Residences
Danube Properties	Sportz by Danube, Elitz 2, Diamondz
Arada	Aljada, Jouri Hills, Masaar, Akala
Tiger Properties	Tiger Sky Tower, Ananda Residences, Jade Tower, Volga Tower
Omniyat	The Opus, One Palm, The Alba Residences, The Lana
Deyaar Development	Midtown, Mont Rose, Millennium Al Barsha

Awards & recognitions of leading companies

Company Name	Award / Recognition	Awarding Body
Emaar Properties	Developer of the Year 2024	Arabian Business Achievement Awards
Sobha Realty	Developer of the Year 2024	Gulf Business Awards
DAMAC Properties	Leading Real Estate Developer of Luxury Properties in UAE 2023	World Business Outlook Awards
Majid Al Futtaim	LEED Platinum certification for shopping malls	U.S. Green Building Council
Binghatti Developers	Best Real Estate Developer in Dubai 2021	Forbes Middle East
Danube Properties	GCC Best Employer Brand Award 2024	Employer Branding Awards
Arada	Sustainable Developer of the Year 2023	Bayut Awards
Tiger Properties	Middle East Real Estate Development Excellence Award 2020	Datamatix Group
Omniyat	Design Award 2019	American Council for High-Rise Buildings and Urban Environments
Deyaar Development	Gold award for the Safest Community of the Year 2023	IRECMS Dubai Awards

Here reality is better than your dreams

Dubai's real estate market is going through a new growth phase lifting its status as a globally recognised investment hub. There is a big increase in real estate transactions this year compared to what happened in the previous year. A new record was also set this October with the highest monthly sales ever registered in Dubai's history. This marks a new beginning for the top 100 real estate companies in Dubai. Popular demand for residential properties of various types has also increased the total sales volumes for the big names in the development sector. Emaar Properties has the edge now in the market with a big market share whereas Damac Properties and Sobha Realty are not so far behind. There is also a good improvement in the average price per square foot this year. Foreign investors are turning up to invest in Dubai largely because of the favourable financing conditions and the support from the government.

TThe number of active dubai real estate developers has also crossed 300 this year and this gives an idea about the high competition in the field. Population and infrastructure growth happening in Dubai will also have a positive influence on the real estate market. There will be a change in the annual growth rate during the period from 2024-2029 making Dubai the paradise for real estate investors. Experts also say that there will be a growth in Dubai's economy in 2024. The real estate sector was a major contributor to the GDP of Dubai last year and chances are high it will continue the same this year also. The arrival of high-net-worth individuals and their demand for high-end properties has also influenced the Dubai real estate market. Luxury properties were sold largely to the ones that needed it this year. UAE is supportive of foreign investors and it can be seen with the introduction of several initiatives now. International buyers also come to Dubai without tight legal formalities. There is no doubt that Dubai is full of amenities. The ongoing infrastructural activities add more glamour to the place and property values. The high transaction volumes strengthen the fact that the real estate sector is entering new heights in Dubai.

Wrapping up

The unmatched luxury and style of Dubai will only get better in the coming years. This is why this place can be said to be a one-in-a-billion real investment hub. Real estate developers in Dubai who have advanced real state growth platform can be part of this journey with its features. Employees will be motivated to work for a firm that maintains transparency while rewarding them. The commission management helps business to reward their employees on time by maintaining transparency.

Disclaimer: Retyn does not promote or support any of the companies or services mentioned in the list. The data presented is compiled through online and market research and does not reflect our priorities in any manner.