Business & Finance Renting & Real Estate

Mohamed Ali Rashed Alabbar: The Man Behind the Real Estate

Dubai is famous for its high rise buildings and monumental structures including malls and hotels. Many of them have been developed by a single organization. Emaar has made a name for itself in the city of Dubai and abroad as a developer of high class real estate. The man spearheading this force of real estate in India is Md. Ali Rashed Alabbar, the director of the organization and one of the most influential business people in the city of Dubai. His ideology of spreading Dubai business beyond the city limits has worked greatly to the advantage of all the companies that he is a part of. He has been instrumental in the growth of the Dubai based Emaar developers across the Middle East and South Asia. He has been rightfully dubbed as the right crown of Dubai's businessman elite.

The real estate sector in Dubai saw a great boom with the coming of Emaar developers. Md. Ali Rashed Alabbar was working with the government in different capacities at the time when the company was set up. He was already on the board of many international companies that have ventured outside the city of Dubai. With the construction of Burj Khalifa in record time and the various other grand structures they have built, have all added to the growing reputation of Emaar as a global giant. Seeing the opportunity in further growing Emaar across the globe, Md. Alabbar started to export their real estate expertise. The company had put together this expertise over the years of creating some of the most incredible structures on the globe. Soon the company found itself in all of the Middle Eastern countries. They had also quickly attained the status of being the trend setter in those countries.

Emaar has now moved into South Asia as well with Pakistan and India being two of their important markets. They have been able to successfully move into commercial, residential and retail real estate in India. Md. Alabbar is overseeing the entire operation of the company in the south Asian countries. He Emaar remains the company closest to him.

After working with the government for more than 20 years of his life, he has a strong yield of control over the working of Dubai's government as well. In doing so, he has also the ability to have bureaucratic control over the functionality of business in the city. Also, in the case of Emaar, he will have the same control over its overseas operations. Being presented with that crown by Dubai's business elite is an honor. But to be presented the honor multiple times is to be etched in the history books as one of most successful entrepreneurs of all time.
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