Emaar vs DAMAC vs Binghatti: Dubai’s Big Three Property Developers
While many developers are active, three names controlled a huge chunk of the market. Interestingly, they all "won" in different ways.
- Emaar Properties (The Revenue King): Emaar remains the undisputed leader in total money earned, generating AED 65.8 billion. They are the "safe bet" for many, with over 51,000 homes currently under construction, where their new projects include EMAAR Palace Residences Hillside B, EMAAR Serro , EMAAR Valoria The Oasis, EMAAR Mereva 2 The Oasis and many more were launched
- Damac Properties (The Luxury Challenger): Damac took the second spot with AED 35.9 billion in sales. They’ve successfully pivoted toward "branded residences" (partnering with luxury fashion and car brands), which has attracted high-spending international investors. And this time, they have launched island-based projects such as DAMAC Tahiti, DAMAC Bahamas, DAMAC Cuba 2, offering an island theme inspired living for the new generation
- Binghatti (The Volume King): This is the biggest surprise of the year. While Emaar made more money, Binghatti actually sold more individual homes. They completed 17,061 deals (beating both Emaar and Damac in quantity). They have become the "go-to" for the affordable-luxury segment. And to lead the race, Binghatti Developers launched Binghatti Etherea JVC, Binghatti Luxuria, Binghatti Skyflame, and more in different communities


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