The Middle East’s Real Estate Titans Redefining 2024

Real estate continues to shape economies, build dreams, and inspire growth, especially in the booming markets of the Middle East. Here’s our spotlight on the most impactful leaders driving innovation, sustainability, and progress in 2024.

Booming Real Estate Markets in the Middle East

The Middle East’s real estate sector has witnessed a surge in activity, with sales transactions in the GCC reaching $171.6 billion in the first 10 months of 2023. Dubai alone contributed 52.1% to this staggering figure, showcasing the region’s potential as a real estate powerhouse. Visionary leadership and ambitious projects have transformed cities across the UAE, Saudi Arabia, and Egypt into global hubs of innovation and luxury.

The Top 100 Property Trailblazers of 2024

1. Mohamed Alabbar – Emaar Properties
2. Talal Al Dhiyebi – Aldar Properties
3. Nadhmi Al-Nasr – NEOM
4. Hesham Al Qassim – Wasl
5. Abdullah bin Hamad Al Attiyah – Qatari Diar
6. Hussain Sajwani – DAMAC Properties
7. Hisham Talaat Moustafa – Talaat Moustafa Group Holding
8. David Grover – ROSHN Group
9. Naaman Atallah – Nakheel
10. P. N.C. Menon – Sobha Realty
11. Omar Al Futtaim – Al-Futtaim Group Real Estate
12. Abdulla Jobara Alromaihi – BARWA
13. Mohammad Albuty – National Housing Company (NHC)
14. Yousef Al Shelash – Dar Al Arkan
15. Khaled Al Amoudi – Jabal Omar Development Company (JODC)
16. Alison Rehill-Erguven – Cenomi Centers
17. Ahmed El Shamy – Majid Al Futtaim – Properties
18. Hani Dabash – Ezdan Holding Group
19. Bill O’Regan – Q Holding
20. Ibrahim M Al Alwan – Al Akaria
21. Yasseen Mansour – Palm Hills Developments
22. Mohammad Abdulhameed Almubarak – Knowledge Economic City
23. Jehad Alkadi – Riyadh Development Company
24. Waleed Khaled Alsharian – Mabanee
25. Talal Moafaq Al Gaddah – MAG Lifestyle Development
26. Meshaal Bin Omairah – Al Othaim Investment
27. Rizwan Sajan – Danube Properties
28. Cyril Piaia – Emaar The Economic City
29. Omar El Hamamsy – Orascom Development Egypt
30. Fahd Mohamad Saleh Alfawaz – Makkah Construction and Development
31. Amer Waleed Al Zoubi – Tiger Properties
32. Ajlan bin Abdulaziz Alajlan – Ajlan & Bros
33. Muhammad BinGhatti – Binghatti Developers
34. Kabir Mulchandani – FIVE Holdings
35. Carlos Wakim – Bloom Holding
36. Sultan bin Badr Al-Otaibi – Taiba Investments
37. Abdallah Sallam – Madinet Masr
38. Ayman Amer – SODIC
39. Faisal Alnasser – Alandalus Property
40. Mohammed Al Otaibi – Ajdan Development
41. Abdulaziz Ghazi Alnafisi – Salhia
42. Mohamed Morshedy – Morshedy Group
43. Anas Sefrioui – Douja Promotion Groupe Addoha
44. Abdullah Al-Braikan – Retal Urban Development
45. Ahmed Alkhoshaibi – Arada
46. Sameh Al Muhtadi – RAK Properties
47. Fareed Al Janahi – AWR Properties
48. Talal Jassim Al-Bahar – AQARAT
49. Faisal Jamil Sultan Al-Essa – National Real Estate Company (NREC)
50. Mahmoud Dawood Al Marzouq – Tamdeen
51. Saeed Al Qatami – Deyaar Development
52. Mohamed Allam – Hassan Allam Properties
53. Abdulmutaleb Marafie – Al Tijaria
54. Farhad Azizi – Azizi Developments
55. Sultan Al Ghurair – Al Ghurair Properties
56. Haitham Mohamed AbdelAzim – Ora Developers Egypt
57. Andrea Nucera – Reportage Properties
58. Mahdi Amjad – OMNIYAT
59. Mohamed Hany El Assal, Mohamed Khaled El Assal, Karim Khaled El Assal – Misr Italia Properties
60. Sahl Dudin – Ayla Oasis Development
61. Benoy Kurien – Al Hamra
62. Majed Abdulla Al Khan – Infracorp
63. Hamad Bin Mohammed Al-Thani – Mazaya Development
64. Faris Saeed – SEE Holding
65. Suwaidan Al-Dhaheri – IMKAN
66. Robert Booth – Ellington Properties
67. Ya’rob Al-Qudah – Mawared
68. Amer Khansaheb – Union Properties
69. Yousuf Fakhruddin – Fakhruddin Properties
70. George Saad – Al Zorah Development
71. Abdulla Bin Sulayem – Seven Tides
72. Rahail Aslam – Select Group
73. Khaled Al-Mashaan – ALARGAN
74. Khaled Abbas – Administrative Capital For Urban Development
75. Amr Soliman – Mountain View
76. Omar Dorra – DORRA DEVELOPMENTS
77. Sameh El Said – Heliopolis Company
78. Jarallah Al Amrah – Sumou Development
79. Amr Al-Dabbagh – Red Sea International
80. Ahmed Shalaby – Tatweer Misr
81. Ahmed Al-Sulaim – Jeddah Central Development Company
82. Ahmed Yusuf – Seef Properties
83. Abdullah Al Habib – Mohammad Al Habib Co.
84. Housni El Ghazaoui – Groupe Al Omrane
85. Ali Al Kuwari – Msheireb Properties
86. Nasser bin Masoud Al Sheibani – Al Mouj Muscat
87. Fahad Abdullah Al Araimi – Al Raid Group
88. Mohammed Bader Al Sadah – Estithmar Holding
89. Ahmed Sabbour – Al Ahly Sabbour
90. Mohamed El Dahan – City Edge Developments
91. Ayman Khalifa – Arab Developers Holding
92. Ahmed Al Ammadi – Diyar Al Muharraq
93. Amin Alarrayed – Naseej
94. Khalid Bin Hassan AlGahtani – Rikaz Properties
95. Issa Ataya – Alef Group
96. Sadiq Jaffer Sulaiman – Maysan Properties
97. Karim Shafei – Al Ismaelia
98. Amged Sebak – Amer Group
99. Ayman Elkousey – MIDAR
100. Sultan AlKhudair – Al Saedan

Innovative Developments Shaping the Region

From the ultramodern skyscrapers of Dubai to Saudi Arabia’s ambitious NEOM city, the Middle East continues to redefine possibilities. Real estate giants like Aldar Properties, Nakheel, and Majid Al Futtaim are focusing on sustainability, smart cities, and integrated communities to cater to the evolving demands of residents and investors.

Methodology Behind the Rankings

We ranked these companies based on:

• Total assets and revenues.
• Landbank value and units held.
• Project completion and construction values.
• Commitment to delivering high-quality projects.

This approach highlights the leaders’ pivotal roles in driving economic growth and fostering trust among stakeholders.

Why 2024 is a Defining Year for Real Estate

With government investments and private-sector innovation, the Middle East is set for exponential growth. Key trends include:

• Sustainability: Projects like The Line in NEOM are paving the way for carbon-neutral urban planning.
• Luxury Integration: Developers such as Binghatti Developers are merging architectural brilliance with functional luxury.
• Cultural Preservation: Firms like Madinet Masr are blending modernity with heritage, making real estate culturally relevant.

Join the Conversation

Stay updated on the latest trends and impactful personalities in real estate. Follow us on our journey to celebrate the game-changers shaping the region’s future.

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• Twitter: @RealEstate2024

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