Property Times elite 2014

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Property Times - Dubai Leading Real Estate Magazine & Dubai No.1 Realty News Magazine.



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    MOST TRUSTWORTHY PARTNERS: PROPERTY TIMES ELITEProperty Times, Dubais number one magazine for the real estate sector, is proud to present to you Property Times elite, an annual, high-end coffee table book featuring profiles of the most trust-worthy developers, real estate agents and infor-mation provider in Dubai. The book also profiles Dubais top villa and apartment communities with updated statistics provided by, which will certainly help investors take the right decisions when it comes to their investment.

    The developer and agency featured in elite are selected based on their proven track record in the market and also based on the feedback from buyers and investors to add credibility to Property Times elite. Over the past 20 months, Property Times has weathered the test of time and successfully established itself as the most reliable and trustworthy print media source for real estate information. So, we felt it is our duty to

    Binesh PanickerEditor-in-Chief & Co-Founder

    BINESH PanickerEditor-in-Chief & Co-Founder

    JATIN DeepchandaniHead of Sales, Marketing & PR

    INDU RavindranathExecutive -Sales, Marketing &

    NYSAM K ShahulSenior Graphic

    TOSEEF Ali TidiwalaAccounts

    ABDUL Manaf CKAdmin

    KIRAN ReddyE-magazine

    SHIBINA JasExecutive Assistant to

    MEDIA LAB PUBLISHERS LLCOffice 135, B Block, Al Shafar investment Building, Near 3rd interchangeSheikh Zayed Road, Dubai, UAEPO.Box: 235504, Tel: +971 4 33 86 724 Fax: +971 4 33 86 734,

    Licensed by National Media Council




    Neha Kaul

    help thousands of investors who come to Dubai market, dreaming of being a part of its success. elite will help them choose the right developer and the right agent; two of the most important aspects while investing in a property. We would like to thank the industry for actively support-ing this initiative. We are sure Property Times elite, which will be published once every year with updated information and profiles (includ-ing some new additions), will be of great use to investors and buyers in the long run. We will soon be launching more high-end coffee table books with profiles from various industries with an aim to help the customers always make the right decisions.

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    Real estate information



  • 8Since the dawn of the freehold era, Dubais real estate market has been enthralling the world with its unique real estate offerings. Dubais master developers such as Emaar Properties and Nakheel

    have played a key role in making Dubai a favoured

    destination for real estate investors from across

    the globe. Dubai is also home to a number of real

    estate projects developed by other developers

    such as Dubai Properties Group and Union Prop-

    erties while Dubai Sports City is another master

    developer that has attracted a lot of investors,

    buyers and tenants with its real estate products.

    EMAAR PROPERTIESThe pioneer of master-planned communities

    in Dubai, Emaar Properties is one of the worlds

    most valuable and admired real estate develop-

    ment companies. With proven competencies in

    property, shopping malls & retail and hospital-

    ity & leisure, Emaar has developed a formidable

    reputation of shaping the real estate industry

    with a focus on design excellence, build quality

    and timely delivery. Established in 1997, Emaar

    Properties is a Public Joint Stock Company listed

    on the Dubai Financial Market. Starting out with

    a small team, with big ideas and plans, Emaar

  • 9revolutionized the property landscape of Dubai,

    UAE, as a pioneering developer of integrated mas-

    ter-planned communities. Today Emaar is recog-

    nized globally as an authority on this subject,

    and is extending its expertise in developing mas-

    ter-planned communities internationally. Simul-

    taneously, the company has developed strengths

    in hospitality & leisure, as well as shopping

    malls & retail.

    Emaars world-class project development com-

    petencies are underlined by its iconic assets in

    Dubai and other international markets. Down-

    town Dubai is Emaars flagship development.

    Today, the worlds most visited lifestyle desti-

    nation, the 500-acre neighbourhood is home to

    the iconic Burj Khalifa, The Dubai Mall and The

    Dubai Fountain. Some of Emaars most popu-

    lar established communities include Arabian

    Ranches, Emirates Living, and Dubai Marina.

    Through strategic partnerships, Emaar has

    expanded its land bank in Dubai to build cities of

    the future.

    Emaars ambitious global growth is the result

    of a team of passionate individuals who are

    leading from the front, constantly challenging

    traditional ways of going about the real estate

    business, and fearlessly exploring uncharted ter-

    ritories, without compromising on the brands

    promise of quality, value, style & service. This

    approach has led to the diversification of the

    group into a comprehensive portfolio of property

    and real estate related services, augmenting the

    Emaars growth pattern. From local and global

    property and lifestyle community developments

    to premium leisure, retail, malls and hospitality

    projects, from investments in joint ventures &

    strategic acquisitions around the world to mort-

    gage and Islamic Finance services, Emaar covers

    the entire spectrum of real estate and property

    fundamentals, making it among the largest con-

    glomerates in the region with such an impressive

    breadth of services.

    Currently Emaar Properties is entering the

    most exciting phase in their young history. In

    line with Sheikh Mohammads vision for the

    city of Dubai, and in preparation for the upcom-

    ing Expo 2020, several mega-projects are being

    developed by Emaar. They are also concurrently

    re-shaping and re-strategizing to remain on top

    of the changing economic and innovation cycles

    and market dynamics, both locally and globally.

    Emaar places great value on the trust their share-

    holders have placed in them and the opportunity

    this gave them to partner in Dubais amazing

    transformation into a global hub. As a global

    company, with a strong footprint in the Middle

    East and North Africa, the Subcontinent, South

    Asia, Europe and USA, Emaar is committed to set-

    ting benchmarks in investor relations and corpo-

    rate governance by providing stakeholders with

    timely, transparent and easily accessible informa-

    tion about the companys activities. Emaar has a

    range of investor relations initiatives offering an

    overview of Emaars financial reports, a calendar

    of investor events and an FAQ section to answer

    investor queries. Emaar embraces the leadership

    position it holds, and the reputation for which it

    is held in highest regard, sensitive to the respon-

    sibility such eminence brings with it. A regular

    winner of umpteen international, regional, and

    local accolades and awards for its commitment

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    to operational excellence and quality standards,

    Emaar continues to work towards its goal of

    becoming one of the worlds most valuable, most

    innovative and most admired companies, creat-

    ing enormous value for its shareholders, stake-

    holders, and the economy. By drawing on the

    potential offered by Dubai as one of the worlds

    leading business, leisure and fashion hubs, and

    the opportunities emerging in rapidly growing

    international markets, Emaar is poised to make

    their high-growth businesses independent profit

    centers, thus marking the beginning of another

    era of extraordinary success. Emaars leading

    developments include Downtown Dubai, Emir-

    ates Living, Dubai Marina etc.

    NAKHEELNakheel holds the prestigious position of being

    one of the worlds largest real estate developers

    and is well known for presenting Palm Jumeirah

    to the world. Established in 1990 and driven by

    the desire to become an influential part of realiz-

    ing Dubais vision for the 21st century, Nakheel

    went on to transform Dubai into a world-class

    destination for living, business and tourism. Over

    the years, Nakheel has built up an iconic portfo-

    lio of innovative landmark projects that span a

    range of sectors residential, commercial, retail

    and leisure, Nakheel developments form an inte-

    gral part of Dubais landscape.

    Nakheel managed to sail through the chal-

    lenges of the global financial crisis due to its confi-

    dence in the inherent buoyancy of the Dubai real

    estate market. During and post crisis, Nakheel

    remained committed to being an integral part of

    the Emirates ambitious expansion plans, launch-

    ing and selling an exciting range of new projects,

    to enhance the existing communities as well as

    attract residents, tourists and investors to the

    fastest growing city in the world. Nakheel has

    always been quick to attribute its success to its

    dedicated staff. As their operations have diversi-

    fied from their core business of development into

    retail, leasing and leisure offerings, they believe

    it is their talented human resource pool that has

    made the transitions and expansion seamlessly

    possible. From developments that have changed

    the very landscape of the UAE, such as the spec-

    tacular Palm Islands and The World, to projects

    that aim to offer a higher standard of living for the

    nations residents and unrivalled experiences for

    visitors to Dubai, like Jumeirah Islands, Discov-

    ery Gardens, Ibn Battuta Mall and Nakheel Mall,

    Nakheel has done it all. The company currently

    has four active divisions Nakheel Marine and

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    Leisure, which has responsibility for the marine

    leisure-related projects; Nakheel Hospitality and

    Leisure, which focuses on the companys grow-

    ing portfolio of hotels, beach clubs and commu-

    nity recreation centres; Nakheel Developments,

    which manages the full spectrum of activities

    for the Companys structural projects, from ini-

    tial planning to interior design; and Retail Corp,

    ity of life for residents. From Owners associations

    and Community Management teams to Infra-

    structure Operations and other support services,

    NAMI addresses all the communal needs of their

    community developments.

    Nakheels Leasing and Property Management

    arm manages their leasehold portfolio, offering

    clients a wide choice of residential, commercial,

    and retail properties in Dubais most vibrant

    communities, such as The Gardens, Discovery

    Gardens, The Garden View Villas and Interna-

    tional City. Nakheels leasehold properties, come

    with end-to-end solutions including property

    management, facilities management, commu-

    nity services and security, ensuring these projects

    are sustainable and pleasurable places to live.

    Tenants can directly lease from Nakheel,

    knowing their rights are protected by the Leas-

    ing and Property Management strict adherence

    to the rules and regulations of Dubai Govern-

    ment and the Real Estate Regulatory Authority

    (RERA). Nakheel shares the vision of the late

    Sheikh Rashid Bin Saeed Al Maktoum, UAE Vice

    President and Ruler of Dubai, which has been

    continued by Sheikh Mohammed Bin Rashid

    Al Maktoum, UAE Vice President and Ruler of

    Dubai to convert Dubai into a city of the future.

    The company continues to spot and seize new

    opportunities, reinforced by strategic alliances

    with exceptional partners, as well as the support

    of the Dubai Government.

    A heavy weight in the field or real estate and

    property development, Nakheel has been recog-

    nized globally as setting benchmarks in creating

    truly iconic developments. Despite the success

    it enjoys, the company continues to strive to be

    seen around the world as redefining the standards

    for creativity, ingenuity and enterprise.

    which operates Nakheel shopping malls and

    develops retail opportunities for the Company.

    Nakheels aim has always been to create awe-in-

    spiring communities, not just projects, and they

    have achieved this by developing Nakheel Asset

    Management and Infrastructure (NAMI), creat-

    ing a strong foundation of asset management and

    service delivery, in line with improving the qual-

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  • Established in 2005, Al Barari is the brainchild of Zaal Moham-med Zaal, chairman and founder of the Zaal Group of Com-panies. The company quickly went on to create a formidable reputation for itself, as a brand that represents quality, embod-ies the cultural ethos of the United Arab Emirates and differentiates itself

    through its emphasis on sustainability. With its growing success, the com-

    pany expanded adding Greenworks, the regions largest privately-owned

    nursery, Sustainable Builders the eco-pioneering construction company,

    and luxury interior design company Etcetera Living to its group.

    Al Barari was the culmination of the vision nurtured by Zaal and his

    family for many years, of creating a one-of-a-kind, never before seen eco-

    logical community, in their beloved city, Dubai. A visionary entrepreneur,

    and dedicated family man, Zaal combined his passion for the environment

    and family life through the creation of Al Barari, a green oasis in the heart

    of the desert. A commitment to sustainability and responsible eco-con-

    scious development has meant that Al Bararis architecture, landscaping

    and infrastructure actively embrace good environmental practices. Al

    Barari has lived up to its promise of providing residents boundless living

    - a continuum between inner and outer spaces. It has made it possible to

    fuse living with nature, alongside serene surroundings, promoting relax-

    ation and a near meditative experience, ideal for a happy family life. | 04 38 86 030


    Mohammed bin ZaalCEO


  • The rise of the brand has been nothing short of spectacular, with the

    company employee base skyrocketing from 10 to 800 in less than ten

    years, the significant rise a definite reflection of Al Bararis incredible

    growth. Despite the considerable rise, the brand has continued to main-

    tain its integrity and commitment to quality, to delivering on time, to

    excellent customer service, and to its residents, who they deem its big-

    gest assets. Even through the economic crisis, the co...