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Al Habtoor Group

A construction and industrial group active since 1970, for which property is one division rather than the whole business. Its main residential asset is a canal-side quarter of towers and hotels.

9 lots in stock across 3 projects. Of the 9 with a known status: 1 ready, 8 under construction. By median price — 43rd of 139.

Median price $899K AED 3 300 000
Entry price $599K AED 2 200 000 — the cheapest lot
Per square foot $1 164 AED 4 273 / sq.ft, median
Completed stock 11% 4 lots discounted, deepest −13%

Where they build

The districts where this developer has the most lots in our stock.

Dubai Marina 5 Business Bay 3

The company in brief

Checkable facts about the developer itself. Unlike the figures above, these are not about our stock and do not move with what happens to be listed today.

Founded
1970; the property arm dates from 1993
Founder
Khalaf Al Habtoor, still chairman
Flagship
Al Habtoor City, a quarter of over 1 million m²
Residential
three towers: two of 73 floors and one of 52
Second line
residences and villas at its own polo resort in Dubailand
Beyond the UAE
the UK, Austria and the USA

What kind of developer this is

What kind of developer this is

An old, family-controlled group whose money does not depend on selling apartments. That is reassuring on delivery risk: a bad quarter on the property market does not stop the building.

The trade-off is choice. There are very few residential projects, and no reason to expect a steady stream of launches.

The canal quarter, and the polo resort

The main asset is a mixed quarter on the Dubai Water Canal combining housing, the group own hotels and an entertainment component. Housing sits in three towers of different heights. The unusual part is common ownership: hotel and residential belong to the same company, so the shared infrastructure is run as one thing.

The second line is entirely different — low-rise villas and residences at the group polo club out in Dubailand. City rental on one side, a lifestyle purchase on the other. They share a name and little else.

What to check before you sign

Which tower and which floor. Within the quarter, view, noise and distance from the entertainment side vary a lot between the three buildings — the choice of block matters more than the floor plan.

Then the service charge as an annual figure in dirhams rather than a rate per square foot, registered sales in the same building over the last six to twelve months, and the drive out of the quarter on a weekday evening.

Projects by Al Habtoor Group

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Al Habtoor Group listings in stock

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What these numbers mean, and what they do not

There is no “developer” column in the base — a lot is attributed by its project name. The figures on this page speak about our stock, not about the company’s share of the Dubai market: a large developer with a big completed portfolio may appear smaller than one whose units come up for resale more often.

Prices come from listings, not from closed deals. For a particular building I retrieve the registered Land Department sales and show the real closing prices.

In the news

Other developers

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Questions

Al Habtoor Group: questions and answers

How much does a Al Habtoor Group apartment cost?

The median across this developer's lots in our stock is $899K (AED 3 300 000), with entry from $599K. The median per square foot is $1 164. These are asking prices out of our own base, recalculated every night; they follow what the developer and its sellers actually have on the market, not the price list on a corporate site.

Are there discounts on Al Habtoor Group property?

Right now the base holds 4 lots from this developer priced below the market, with the deepest cut at 13%. This is not a Al Habtoor Group promotion: below-market prices come from private sellers on resale or assignment who need a quick exit. An algorithm sets the size of the discount against comparable property; no broker types it in by hand.

Is Al Habtoor Group a reliable developer?

Founded: 1970; the property arm dates from 1993. A developer is checked against the Land Department’s open register rather than a brochure: it shows the licence status, the construction progress of each project and the registered escrow account. On off-plan the buyer’s money goes into that account under RERA supervision and is released against verified milestones. The full dossier is in the write-up above.

What projects is Al Habtoor Group building?

The site catalogue covers 3 projects by Al Habtoor Group, each with a building passport — storeys, units, handover date and bedroom mix. They are listed above, and the “Where they build” block shows the districts with the most of its lots. Any lots on sale appear directly beneath their project.

Should I buy from Al Habtoor Group direct or through a broker?

The price is the same: on off-plan the developer pays the broker’s commission, not the buyer, so going straight to the sales office saves nothing. The difference is elsewhere — a developer’s sales office shows its own projects only, and will not tell you that the same thing next door is cheaper or that this project is running later than advertised. On resale and assignment the commission is the standard 2% plus VAT.

Is Al Habtoor Group worth buying

The answer depends on the purpose. Send your budget and goal — I will go through which Al Habtoor Group projects are worth considering now and which I would skip.

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