Dubai – Mubasher: Emaar Properties clinched the top spot in the list of leading 100 real estate companies in the Arab world which has been compiled by Forbes Middle East.
Of the 40 unlisted real estate developers, 25 hail from the UAE, Forbes stated, adding that eight of the top 10 were based in the UAE.
The top 10 unlisted real estate developers are Wasl Asset Management Group; Dubai Properties; Arabian Centers; Majid Al Futtaim Properties; Al Futtaim Real Estate; Nakheel; Arenco Real Estate; Al Habtoor Real Estate; Bloom Holding and Sedco Development.
The top 40 listed real estate developers have a combined market value of $90.5 billion, revenues of $18.1 billion in 2016, profits of $5.1 billion, and assets worth $126.5 billion, according to Forbes.
