Al Attar Group

What Al Attar Group does

Al Attar Properties is a Dubai-based real estate development and leasing company and the real estate arm of Al Attar Group of Companies, a diversified UAE conglomerate. Founded in 2002-2003 and headquartered on Sheikh Zayed Road, the company operates two distinct lines of business: a recurring revenue leasing portfolio of hundreds of apartments, offices, and retail outlets across central Dubai and Sharjah districts, and a one-time freehold property sales business spanning residential and commercial developments. Its owned portfolio includes Al Attar Tower, Attar Escala, Attar Shopping Mall, Attar Grand, Attar Villas, Attar Centre, Attar Plaza, Attar Apartments, and Attar Souk.

The company develops and markets freehold projects both independently and as a marketing agent within master-planned communities, including Vue De Lac and Global Point (Nakheel-developed International City and Jumeirah Lake Towers), Polaris Tower and The Skyscraper (Business Bay, in partnership with Business Bay L.L.C), and Jumeirah Village. Featured technical specifications across these developments include CCTV security systems, card-entry access control, LCD color video intercoms, centralized gas and air conditioning, and high-speed internet infrastructure. Pricing for freehold units starts from approximately Dh 398,000 (Vue De Lac), with mortgage financing arranged through Amlak (up to 90% LTV, Global Point), Tamweel (up to 70%, Vue De Lac), and Abu Dhabi Commercial Bank (up to 75%, Polaris Tower), with repayment terms of up to 20-25 years.

Distribution is executed via direct sales offices in Dubai and Sharjah, online inquiry forms, monthly email newsletters tracking construction milestones, and a direct sales team handling viewings and agreements. The customer base spans international investors seeking UAE residency via property ownership, residential home buyers, and commercial tenants in Business Bay and other central districts. The company employs 11-50 staff and is privately held within the Al Attar Group parent structure.

Name

Al Attar Group

Legal name

Al Attar Properties

Website

https://alattarproperties.com

Company type

Private

Founded year

2003

Operating status

Operating

Headcount range

11–50 employees

Short description

Al Attar Properties is the real estate development and leasing arm of UAE conglomerate Al Attar Group, owning and managing hundreds of residential, office, and retail units across Dubai and Sharjah while developing and selling freehold projects in Nakheel and Business Bay master communities.

Ownership category

akta.pro rank

Headquarters

HQ city

Dubai

HQ country

United Arab Emirates

HQ region

Middle East

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Property Leasing: Core business of leasing residential apartments, commercial offices, and retail outlets in Dubai and Sharjah. The company owns, manages and leases properties in central residential and business districts.
2. Property Sales (Freehold): Sale of freehold properties in various developments including Al Attar Tower, Attar Escala, Attar Shopping Mall, Attar Grand, Attar Villas, Attar Centre, Attar Plaza, Attar Apartments, Attar Souk, and projects like Global Point, Vue De Lac, Polaris Tower, and The Skyscraper.
3. Property Development: Development of new residential, commercial and retail properties in the UAE. Over the past decade, developed tens of properties including residential complexes, office buildings with retail attachments.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

Al Attar Group, through its Al Attar Properties division, is a UAE-based real estate developer and lessor operating primarily in Dubai and Sharjah. The company develops and leases residential, commercial, and retail properties, offering freehold property sales as well as rental/leasing of office and residential units.

Product overview

Al Attar Properties operates as a real estate development and leasing company within the Al Attar Group of Companies, offering a diverse portfolio of residential, commercial, and retail properties primarily in Dubai and Sharjah. The company's property portfolio includes owned and leased properties such as Al Attar Tower, Attar Escala, Attar Shopping Mall, Attar Grand, Attar Villas, Attar Centre, Attar Plaza, Attar Apartments, and Attar Souk. Through development projects, Al Attar offers freehold properties including Vue De Lac in Jumeirah Lake Towers, Global Point in International City, Polaris Tower and The Skyscraper in Business Bay, and Jumeirah Village residential community. The company provides leasing services for hundreds of apartments, offices, and retail outlets, as well as property sales, purchases, and agent services for real estate across the UAE.

Differentiator

Problem solved

Functional benefit

Products and services

• Freehold Residential Properties

Quantifiable outcome

• UAE Resident Visa eligibility with property purchase starting from Dh 398,000

Named customers3 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Three partnerships are on record, tiered core and minor.

• NakheelcoreStrategic or Co-development PartnerMaster developer for International City and Jumeirah Lake Towers projects. Al Attar Properties markets and sells freehold units in Nakheel-developed projects including Global Point and Vue De Lac. Plots handed over to Al Attar in June 2006 with full drawing submissions to Nakheel for approvals.
• Business Bay L.L.CcoreStrategic or Co-development PartnerMaster developer for Business Bay community. Al Attar Properties develops and markets Polaris Tower and The Skyscraper projects within the Business Bay development. Both projects are 65-story freehold commercial and residential towers.
• Middle East FoundationminorImplementation/ SI/ Consulting PartnerSub-contractor for earth works at Vue De Lac project sites. Conducted excavation, levelling and debris removal for plots K3, K2 and K1.

Scale indicators3 records

Recent moves6 records

Expansion highlights4 records

Emerging players

• Binghatti Developers: Fast-growing Dubai-based developer targeting mid-market freehold buyers with high-rise residential projects in Business Bay, JVC, and similar corridors. Competes with Al Attar for the same buyer pool in overlapping geographies.

Regional players

• Aldar Properties: Abu Dhabi-headquartered developer with a comparable development-and-leasing model. Same asset classes (residential, commercial, retail) but primarily serves Abu Dhabi rather than Al Attar's Dubai/Sharjah footprint.
• RAK Properties: UAE-listed developer operating primarily in Ras Al Khaimah with freehold residential and mixed-use projects. Comparable business model to Al Attar but focused on a different emirate with lower price points.

Direct peers

• Union Properties: UAE-listed developer with a diversified portfolio of residential, commercial, and retail properties across Dubai. Similar mid-market positioning and freehold sales model to Al Attar.
• MAG Property Development: Private Dubai-based developer focused on mid-tier freehold residential and mixed-use projects in established communities. Comparable scale, customer segment, and product type to Al Attar's freehold offerings.
• Deyaar Development: Dubai-listed mid-market real estate developer with a similar mix of property development, leasing, and freehold sales targeting mid-tier residential and commercial buyers in Dubai. Closely comparable scale and customer segment to Al Attar.

Others

• Nakheel: Master developer of International City and Jumeirah Lake Towers where Al Attar has freehold project partnerships. Functions as both a strategic partner and a competitor-developer in overlapping Dubai sub-markets.

Broad incumbents

• DAMAC Properties: Major UAE-listed real estate developer with a broad portfolio of residential, commercial, and mixed-use projects in Dubai. Overlaps with Al Attar in freehold residential offerings but operates at significantly larger scale and brand reach.
• Dubai Properties: Government-affiliated Dubai developer with large master-planned communities such as Business Bay and JBR. Competes with Al Attar in Dubai freehold residential and commercial but operates at significantly larger scale and with deeper land bank access.
• Emaar Properties: Largest UAE real estate developer and a dominant master-planner in Dubai. Operates in the same freehold residential and commercial segments as Al Attar but at vastly greater scale with international brand recognition.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/ahmed-abdul-rahim-al-attar-properties

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 Attar Group