Al Mizan Group

What Al Mizan Group does

Al Mizan Group (also operating as Al Mizan Developer) is a Dubai-based, family-controlled real estate developer founded in 1998 that delivers residential and mixed-use property across the UAE's emerging freehold submarkets. The group's core activity is end-to-end property development — from land acquisition through construction and handover — alongside property investment advisory, ongoing property management, and short-term holiday home rentals. Its portfolio spans completed income-generating assets (The Wings in Arjan, The Square/The Square II in Dubai Industrial City, Mayar Villas in Al Furjan, and managed buildings The LAX and The OAK), active off-plan launches (The Harmony and The Serene in Dubai South, with Q2 2026 and Q2 2027 handovers respectively), and pipeline projects including Terva Homes townhouses and Living Heaven in Wadi Al Safa. Unit price points range from AED 634K studios to AED 1.17M two-bedroom units, with payment plans typically structured 30/70, 60/40, or 70/30 to support off-plan absorption.

The revenue model is a blend of transactional and recurring streams. Primary revenue derives from one-time property development sales across off-plan and ready inventory, supplemented by recurring fees from property management of The LAX and The OAK and from short-term rental management of The Wings via the subsidiary The Wings Holiday Homes. A property investment advisory layer monetizes advisory services alongside property transactions. Customer segments are predominantly mid-market: individual home buyers and families seeking primary residence in Dubai South and adjacent communities, property investors pursuing off-plan appreciation in Dubai's emerging districts, holiday home buyers targeting short-term rental yields near Al Maktoum Airport, and a network of licensed real estate brokers recruited through the "Become an Agent" program.

Distribution runs through a dual channel — direct sales via the headquarters at Bay Square 1, Business Bay (phone, email, WhatsApp, and website lead capture with show unit tours at project sites) complemented by a commission-based broker network — and is supported by event sponsorship, social media, and PR activity. Operations are resourced by 51-100 employees led by a multi-generational Doshi-family executive team spanning Chairman, CEO, Design, Marketing, Sustainability, and Development functions, alongside a non-family Development Director providing professional operating oversight. Cumulative transactions are described as "a few billion dirhams" of land, residential, commercial, and industrial volume since inception, with no specific annual revenue disclosed.

Name

Al Mizan Group

Legal name

Al Mizan Developer

Website

https://almizan.com

Company type

Private

Founded year

1998

Operating status

Operating

Headcount range

51–100 employees

Short description

Al Mizan Group is a Dubai-based real estate developer founded in 1998 that delivers off-plan and completed residential projects across emerging Dubai submarkets for individual home buyers, property investors, and holiday-home operators, complemented by in-house property management and short-term rental services.

Ownership category

akta.pro rank

Product category

Real Estate Development

NAICS

Residential Property Managers (531311), New Single-Family Housing Construction (except For-Sale Builders) (236115)

SIC

Operators Of Apartment Buildings (6513), Real Estate Agents & Managers (For Others) (6531), Land Subdividers & Developers (No Cemeteries) (6552)

akta.pro primary industry

Residential Real Estate Asset Management (BPAJAMAA)

akta.pro secondary industry

Multifamily Apartment Property Management (BPAJAFAA)

Keywords

• Real estate development
• Property management
• Holiday homes
• Off-plan apartments
• Residential property brokerage

Headquarters

HQ city

Dubai

HQ country

United Arab Emirates

HQ region

Middle East

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Supply Chain, Operations, Personnel, Marketing or Sales, Infrastructure

Revenue model

1. Property Development Sales: Al Mizan generates primary revenue through developing and selling residential and commercial properties. The company offers both off-plan (pre-completion) and ready-to-move properties. Revenue is one-time per transaction, generated when property ownership is transferred to buyers. Properties include apartments, townhouses, and villa developments across Dubai.
2. Holiday Homes Management: Through subsidiary The Wings Holiday Homes, Al Mizan manages holiday rental properties. This provides recurring revenue from short-term rentals and property management fees. The LAX and The Square are marketed as suitable for holiday homes and hotel apartments.
3. Property Management Services: Al Mizan provides property management services for owned portfolios including The OAK and The LAX. Services include tenant management, maintenance coordination, and rental income optimization for property owners.
4. Property Investment Advisory: The company offers investment advisory services helping clients identify profitable property investments in up-and-coming Dubai areas, generating advisory fees alongside property transactions.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels6 records

Core offering

Al Mizan Group is a Dubai-based real estate developer that acquires land, develops residential, commercial, and industrial properties, and sells them to individual buyers and investors through direct sales, a broker network, and its website. Beyond development, the company operates ready-to-move managed buildings, provides property management and tenant services for owned portfolios, and runs holiday home rentals via its subsidiary The Wings Holiday Homes. The unified offering spans off-plan sales, ready property sales, property management, and investment advisory across Dubai communities including Dubai South, Arjan, Dubai Industrial City, and Al Furjan.

Product overview

Al Mizan Group is a multi-faceted real estate organization operating since 1998, offering a unified platform of property development, investment, management, and holiday homes services. The portfolio comprises named residential developments including off-plan projects (The Harmony, The Serene, Terva Homes, Living Heaven) with handover from Q2 2026 to Q2 2027, completed properties (The Wings, The Square, The Square II, Mayar Villas), and managed ready-to-move units (The LAX, The OAK). The ecosystem is complemented by subsidiary brands La Zone Design Studio for interior design and The Wings Holiday Homes for short-term rentals. Services span the entire property lifecycle from land acquisition through development, sales, and ongoing property management.

Differentiator

Problem solved

Functional benefit

Products and services

• The Harmony by Al Mizan Off-plan residential development in Dubai South featuring private pools in select units, marketed as the first building in Dubai South with this amenity. Offers Studio to 3-bedroom apartments with 30/70 or 70/30 payment plans and a Q2 2026 handover. Located minutes from Al Maktoum International Airport and Expo City.
• The Serene by Al Mizan Off-plan residential project in Dubai South offering spacious apartments with a 60/40 payment plan. Completion expected Q2 2027 with amenities including temperature-controlled pool, gym, and rooftop jogging track. Located minutes from the world's largest airport in Dubai South.
• The Wings by Al Mizan Flagship completed residential project by Al Mizan in Arjan featuring 3 residential buildings, a retail boulevard, ample parking, and amenities. Low-density development fostering privacy and community living. Managed via the group's The Wings Holiday Homes subsidiary.
• Mayar Villas Completed villa development in the Al Furjan community of Dubailand featuring Spanish-style architecture. Positions as a luxury family community with a private and tranquil environment.
• The Square II by Al Mizan Completed G+4 residential complex in Dubai Industrial City (Saih Shuaib 2) with Studio, 1, and 2-bedroom units and modern finishes. Marketed as blending modern living with a community vibe.
• The Square by Al Mizan Completed residential building in Dubai South near Expo 2020 and Al Maktoum Airport. Marketed as ideal for holiday homes, hotel apartments, rental investments, and executive accommodations.
• Terva Homes Upcoming townhouse project in Dubai Industrial City offering 3, 4, and 5-bedroom townhouses with Q4 2026 handover. Located in the upcoming business hub of Dubai.
• Living Heaven Upcoming residential tower in Wadi Al Safa blending urban sophistication with lush green spaces. Offers 1 to 4-bedroom apartments with handover date to be announced.
• The LAX (Managed by Al Mizan) Ready-to-move G+4 residential building in Dubai South, 10 minutes from Al Maktoum Airport. Furnished apartments with 1BR and 2BR units starting at AED 999/sq ft. Marketed with a 2% DLD fee waiver and zero commission as direct-from-owner sales.
• The OAK (Managed by Al Mizan) Ready-to-move residential building in Dubai South, 10 minutes from Al Maktoum Airport. Offers large-size apartments with closed kitchens and two spacious balconies, starting at AED 1100/sq ft.
• Property Management Services Property management services for ready units including tenant management, maintenance coordination, and rental income optimization for properties such as The LAX and The OAK. Targeted at owners of apartments in Al Mizan's managed portfolio.
• Holiday Homes Management Short-term rental and holiday home management services operated through subsidiary The Wings Holiday Homes, leveraging Al Mizan properties such as The Wings and The Square for hotel apartments and executive accommodations. Generates recurring revenue alongside property management fees.
• Property Investment Advisory Investment advisory and off-plan investment services for clients seeking buy-to-let or capital appreciation opportunities in Dubai real estate. Helps clients identify profitable investments in up-and-coming Dubai areas.
• La Zone Design Studio Design and branding subsidiary under Al Mizan Group providing interior design and creative services. Serves as the in-house design arm supporting the group's residential developments.
• The Wings Holiday Homes Holiday homes management brand under Al Mizan Group providing short-term rental management for The Wings property and other group assets. Operates as part of the Al Mizan Group's ecosystem of brands.

Quantifiable outcome

• First residential building in Dubai South with private pools (The Harmony)
• +1 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered minor.

• Indian Consulate in DubaiminorStrategic or Co-development PartnerDuring the Israel-Iran-US conflict in 2026, Al Mizan Group cooperated with the Indian Consulate to provide humanitarian assistance. Chairman Yogesh Doshi provided 20 free apartments to stranded Indians through this partnership, accommodating around 250 people since March 2.
• Indian People's ForumminorStrategic or Co-development PartnerCollaborated with Al Mizan Group and Indian Consulate to assist stranded Indian citizens during the geopolitical crisis. The partnership provided shelter, medicines, and community support to approximately 250 stranded Indians.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Meraas: Dubai Holding developer behind City Walk, Bluewaters, and La Mer. Comparable as a Dubai lifestyle-focused developer mixing residential, retail, and hospitality product.
• DAMAC Properties: One of the largest private developers in Dubai offering luxury residential, off-plan apartments, and branded residences. Directly comparable to Al Mizan as a Dubai-based off-plan residential developer, though at materially larger scale and brand recognition.
• Nakheel: Dubai-based master developer known for Palm Jumeirah and large-scale mixed-use communities. Comparable as a Dubai developer of residential and mixed-use projects at the larger end of the spectrum.
• Emaar Properties: UAE's largest listed developer (Burj Khalifa, Downtown Dubai, Dubai Hills). Comparable through its Dubai off-plan apartment and master-planned community focus, but vastly larger scale and broader portfolio than Al Mizan.
• Dubai Properties: Dubai Holding subsidiary developing residential communities (JBR, Business Bay, Mudon). Comparable through its Dubai-centric residential development focus and end-to-end community building.

Regional players

• Aldar Properties: Abu Dhabi-listed developer that has expanded into Dubai residential projects. Comparable on UAE residential development and integrated property services, though headquartered in a different emirate.

Direct peers

• Binghatti Developers: Privately-held Dubai developer focused on design-led, branded mid-rise apartments in emerging districts. Closely comparable to Al Mizan on size, off-plan apartment focus, design-driven positioning, and emerging-area strategy.
• Union Properties: Dubai developer of residential and commercial projects (Motor City, Green Community). Comparable through its mid-scale Dubai residential development profile.
• Deyaar Development: Mid-tier Dubai-listed developer and property manager operating across residential development, property management, and brokerage. Closest peer to Al Mizan given similar mid-scale Dubai residential focus plus integrated property management.

Emerging players

• Fam Living: Dubai-based short-term rental and holiday home management specialist. Comparable to Al Mizan's The Wings Holiday Homes subsidiary on Dubai holiday home operations and Airbnb-grade rental management.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Al Mizan Group