2019-11-19 @ 10:01:00

Top Listed Real Estate Companies in the Middle East 2019

The Middle East’s real estate sector is closely linked to its economy, with the industry contributing heavily to growth. Over the last two decades, the region has become world-renowned for erecting architectural masterpieces such as: the Burj Khalifa, the world’s tallest tower; Palm Jumeirah, a completely man-made island off the coast of Dubai; and the Jeddah Tower, which is currently under construction in Saudi Arabia.  

 

The region has also emerged at the forefront for adapting proptech—an emerging field that implements the use of technology in real estate to produce the best results. Homegrown companies such as Bayut and Propertyfinder have bagged multiple rounds of big-ticket funding from global investors, indicating the strength of the local property market. Looking ahead, mega events such as the Expo 2020 and the FIFA World Cup in 2022 are expected to further brighten the outlook of the market by buoying real estate sales while supporting the hospitality sector.

 

The Top Listed Real Estate Companies in the Middle East ranking features the top 50 companies listed on the region’s stock exchanges, ranked by market value as of October 21st 2019. We multiplied the share price on that day by the total number of issued shares.

 

  • 1 # Emaar Properties
  • 2 # Jabal Omar Development Company
  • 3 # ALDAR Properties
  • 4 # Ezdan Holding Group
  • 5 # Arabian Centres Company
  • 6 # Barwa Real Estate Group
  • 7 # Dar Alarkan Real Estate Development Company
  • 8 # Makkah Construction and Development Company
  • 9 # Mabanee Company
  • 10 # Emaar The Economic City