Company Foundation
Lootah Real Estate Development was established in 1992 by Sheikh Said Lootah, a member of the renowned Lootah family, which holds a prominent position in Dubai’s business community. With over 30 years of existence, the company has established itself as one of the leading developers in the region.
Company Assets and Structure
The company owns an extensive portfolio of real estate assets, including residential complexes, commercial buildings, hotels, and shopping centers. The structure of Lootah Real Estate Development comprises departments for design and architecture, construction, marketing, financial management, and property maintenance. This organization enables the company to efficiently manage all stages of project development and operation.
Project Locations
Lootah Real Estate Development undertakes projects in various prestigious areas of Dubai, including
Downtown Dubai,
Business Bay,
Dubai Marina, and
Jumeirah Village Circle. These areas are characterized by high demand for real estate due to their developed infrastructure, proximity to key business hubs, and convenient transportation accessibility.
Investment Attractiveness
Properties from Lootah Real Estate Development offer high investment returns, ranging from 6% to 9% annually. The company provides a variety of investment solutions, including long-term rentals and early-stage project sales. Transparent financial policies and the company’s stability attract both local and international investors.
Completed Projects
Among Lootah Real Estate Development’s successfully completed projects are the Lootah Plaza residential complex with 400 apartments, the Al Lootah Towers commercial center covering 70,000 sq.m, and the Lootah Royal Hotel with 250 rooms. These projects have received high praise for construction quality, modern design, and strategic location.
Contact Ferrocom Real Estate today to begin your search for your perfect property in the Lootah Real Estate Development.