One of the major industries that is facing rapid growth in Dubai is real estate. With its wide range of construction needs, it is a global market that invites overseas companies to set up their business and provides them with ample opportunities.
Dubai’s tax-free environment and its higher rental returns attract German investors and many others from different regions. Stats say during the beginning of 2024 the number of property sales reached 60,000+ transactions and it yielded AED 350 billion (€ 86 billion). In this blog we're going to look at the top 10 German real estate companies in Dubai.
However, for a broader view and opportunities, get to know about the top real estate companies in Dubai from our list.
List of top 10 German real estate companies in Dubai
We have listed the 10 most renowned German speaking real estate businesses in Dubai along with their reputed projects.
# | Company Name | Website | Established Year | Full Address | Key Projects |
---|---|---|---|---|---|
1 | German Partners Real Estate | germanpartners.ae | 2013 | Units 2201 & 2202, Boulevard Plaza Tower 2, Downtown Dubai | Residential properties in Dubai |
2 | Canaletto Sky Real Estate | canalettosky.com | 2014 | Concorde Tower, Office 1206, Media City/ Palm Gate, Dubai | Luxury properties across Dubai |
3 | Drees & Sommer | dreso.com | 1970 | Dubai Design District Building 02, Office No. 114, PO Box: 500128 Dubai | Wide range of property services |
4 | FAM Properties | famproperties.com | 2015 | Shop G10, Jumeirah Park East Pavilion, Jumeirah Park, Dubai | Residential and commercial properties |
5 | haus & haus | hausandhaus.com | 2013 | Gold & Diamond Park, Sheikh Zayed Rd, Dubai, UAE | Wide range of property services |
6 | HSE Realty | hse-realty.com | 2016 | Tamani Arts Office Tower, Business Bay, Dubai | Mixed-use developments |
7 | NST Real Estate | nst-dubai.com | 2020 | Dubai Marina, Dubai | Mixed-use developments |
8 | Engel & Völkers | engelvoelkers.com | 1977 | Golden Mile Galleria 2, Office 21, Mezzanine Floor, Palm Jumeirah, Dubai | Luxury residential and commercial properties |
9 | M&M Real Estate | mandmrealestate.ae | 2018 | The Opus by Omniyat, Business Bay, Dubai | Residential and commercial properties |
10 | GEREI | gerei.ae | 2017 | Business Bay, Dubai | Various residential properties |
An overview of the top 5 German real estate companies in Dubai
German Partners Real Estate
Website: germanpartners.ae/en
Headquarters: Downtown Dubai, Dubai
Established Year: 2013
Key Person: René Lohrbach & Anna Franziska Sturm, Founders
Core Services: Real estate brokerage, investment
Canaletto Sky Real Estate
Website: canalettosky.com
Headquarters: Palm Gate, Dubai
Established Year: 2014
Key Person: Florian von Canal, CEO
Core Services: Real estate brokerage, investment
Drees & Sommer
Website: dreso.com
Headquarters: Baden-Württemberg, Germany
Established Year: 1970
Key Person: Steffen Szeidl, CEO
Core Services: Real estate strategy
FAM Properties
Website: famproperties.com
Headquarters: Business Bay, Dubai
Established Year: 2015
Key Person: Firas Al Msaddi, CEO
Core Services: Real estate brokerage and property management
haus & haus
Website: hausandhaus.com
Headquarters: Sheikh Zayed Road, Dubai
Established Year: 2013
Key Person: Luke Remington, Managing Director
Core Services: Property listings, mortgage services and property management
Things that make Dubai’s market favourable for German real estate companies
Now let us learn the key factors that make this market beneficial particularly for German real estate companies.
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Population growth and expatriate influx
The population of expatriate influx like working professionals will grow more by the end of 2025 creating a demand for accommodation and housing, especially in luxury segments. So, it is highly advantageous for German investors to seek growing opportunities.
Government initiatives and long-term visas
Policies from the UAE Government like Golden Visa attract high net-worth individuals (foreign investors), over 100,000 investors have already been attracted since its launch. These investors particularly focus on purchasing luxury properties in Dubai. Such government policies fuel the growth of real estate companies through consistent foreign investments.
Infrastructure development
Ongoing infrastructure projects, including the expansion of the Dubai Metro and the relocation of Dubai International Airport to Dubai South will improvise connectivity and accessibility. This leaves a demand in the nearby areas like Al Furjan and Jumeirah Village Circle (JVC) creates a growth space for both buyers and renters.
Sustainability trends
This is a key factor that serves the German real estate companies who focus on green building practices. As eco-friendly environments are sustainable and demanded in these days, reports state 25% of new office spaces now have energy efficient designs and are LEED certified. This fits with the global investor preferences for sustainable living environments.
High rental yields and capital appreciation
Dubai’s rental market yields comparatively more than the European markets. It is measured as 6% to 9% rental income in the gulf’s real estate market. The luxury property transactions saw a growth of 62% recently, this steady growth is considered to continue in 2025 too. These reasons make it a great investment platform for German real estate parties.
Key insights
Germany has set the tax on rental income as 42% but in Dubai investors can own 100% of their rental income which is a huge advantage. These numbers give us the magnitude of the real estate market in Dubai, and it is still growing at the same pace in 2025 too.
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The steady magnitude and growth of Dubai’s market proves to withstand even in the financial fluctuations. And properties in areas like Palm Jumeirah have appreciated at an average rate of 5% to 7% annually over the past five years, whereas German’s market saw a decline of 14% from its peak.
Potential for growth
The real estate market has more pros compared to the cons and with all the above information it sums up that, German investors can invest and see a huge growth in the current real estate market in Dubai.
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Disclaimer: Retyn does not promote or support any of the companies or services mentioned in the list. The data presented is compiled through online and market research and does not reflect our priorities in any manner.