Latest Abou Eid Real Estate Development

Abou Eid Real Estate Development is a private construction and property development company that began in Lebanon in 1989 under Chairman Hussein Abou Eid. The company describes itself as having introduced townhouses to Middle Eastern markets, a move it credits with changing residential offerings in the region.

By its own count, the business carries more than 30 years of experience, over 3,000 residential units and more than 15 villa complexes across three or more countries. Before entering the UAE it had expanded into Turkey, Morocco and Portugal. It opened its Dubai office in 2014 and moved its regional headquarters to the emirate in 2024, with Hussein Abou Eid describing Dubai as a springboard for further expansion across the UAE and the GCC.

Celia Residence in Dubai Studio City was the first Dubai project, an investment of up to AED 70 million that the company announced as complete seven months ahead of schedule in June 2024. Celia Heights sits in Majan on Mohammed bin Zayed Road, next to Al Barari and close to Global Village and IMG, with 188 units that sold out within four months of launch and delivery set for August 2026.

Celia Gardens followed in Nad Al Sheba Gardens, built as ground plus two parking levels, one amenity floor, five residential floors and a rooftop, holding 45 units in total. The newest is Celia Homes in Dubai Land Residence Complex, offering studios, one and two-bedroom apartments with a maid’s room and smart home technology, due in Q4 2027.

At Celia Homes the amenity list covers a pool deck, a Malibu-style kids pool, a business centre, an entertainment lounge, sauna and steam rooms and a yoga room. Apartments across the project run from studios to two-bedroom homes with a maid’s room, fitted with smart home technology.

At Celia Heights, the company stated that units would be handed over with high-end finishes and furnishings. Celia Gardens dedicates a full floor of the building to amenities, sitting between the parking levels and the residential floors.

The portfolio sits across four mid-market Dubai districts rather than the prime waterfront belt. Celia Residence is in Dubai Studio City, Celia Heights in Majan, Celia Gardens in Nad Al Sheba Gardens and Celia Homes in Dubai Land Residence Complex.
From Celia Gardens the company lists Downtown Dubai at 13 minutes, Burj Khalifa at 15 minutes, DIFC at 18 minutes, and both JBR and Dubai Airport at 20 minutes. Celia Heights sits directly on Mohammed bin Zayed Road with a view towards Al Barari.

Celia Residence was sold on a five-year payment plan offered directly by the developer, which the company credited for the speed of the sellout and for opening the project to buyers who could not manage a large upfront payment. The plan runs 10/80/10: 10% at booking, 80% through the term and 10% at handover.

• 2014: opened its first Dubai office, after building in Lebanon, Turkey, Morocco and Portugal.
• August 2021: registered with the Dubai Land Department as Developer No. 1363.
• June 2024: announced Celia Residence complete seven months early, launched Celia Heights, and confirmed all 188 Celia Heights units sold within four months.
• 2024: moved its regional headquarters to Dubai and launched its third project in Nad Al Sheba Gardens.
• Now: four Dubai projects, three delivered or ready and Celia Homes running to Q4 2027, with every project sold out.

• Buyers on a smaller budget, given launch prices from AED 530,000 at Celia Heights and AED 670,000 at Celia Homes.
• Buyers who want long payment terms, since Celia Residence ran on a five-year developer plan structured 10/80/10.
• Buyers who care about delivery record more than brand, as the first Dubai project completed seven months ahead of schedule.
• Small families needing a maid’s room at apartment prices, which Celia Homes provides in Dubai Land Residence Complex.
• Buyers who want to be near Downtown without paying Downtown prices, which is the Celia Gardens position at 13 minutes out.

• Buyers who want to purchase directly from the developer today, as all four Dubai projects are sold out.
• Buyers looking for villas or townhouses in Dubai, since the Dubai portfolio is apartments only.
• Buyers who want a beachfront or Downtown address, which this portfolio does not cover.
• Buyers who need a large home, as the biggest Dubai unit type is a two-bedroom with a maid’s room.
• Buyers who want a long Dubai delivery history, since the company has been DLD-registered here only since 2021.

The record supports the case. The first Dubai project finished seven months ahead of schedule, the second sold out in four months, and all four projects have cleared their inventory. The company has been building since 1989 and worked in four countries before reaching Dubai, a longer history than the 2021 DLD registration shows on its own.

There are limits worth weighing. The Dubai portfolio is small and recent, restricted to apartments in mid-market districts, and no developer stock is left to buy. Anyone wanting to own here now is buying on the resale market, at whatever the current owner asks rather than at the original launch prices.