Last Updated on 02nd August 2023
Eversince UAE has diversified its economy from oil, it has seen an unprecedented economic, cultural, and investment boom. Today, UAE has become a favored destination for global investors, especially the growing construction industry. The Burj Khalifa - the world's tallest construction marvel displays this trend in the perfect way. Construction activities in UAE have been growing at a rapid pace with new infrastructure, commercials, and tourism hotspots coming into realization.
The UAE construction industry market size was valued at USD 38.99 billion in 2023 and is expected to reach USD 49.40 billion by 2028, growing at a CAGR of 4.85% during the forecast period (2023-2028).
This blog post outlines the top 7 construction companies in UAE. We have included only the local companies and excluded the foreign companies operating in UAE.
The construction industry in the United Arab Emirates (UAE) has experienced remarkable growth and investment over the past few decades, transforming the country's skyline and establishing itself as a global construction hub. With a strategic location, stable economy, and supportive government policies, the UAE has become a preferred destination for investors, developers, and construction companies from around the world.
Investment in the UAE's construction sector has been substantial, driven by a combination of public and private sector initiatives. The government has been instrumental in fostering an environment conducive to construction development through various measures such as tax incentives, streamlined regulations, and infrastructure investment. Moreover, the UAE's diversification efforts have fueled the growth of industries like tourism, real estate, and transportation, resulting in a surge in construction activities.
The construction sector in the UAE has witnessed significant expansion, with major cities like Dubai and Abu Dhabi serving as construction hotspots. These cities have become synonymous with grandiose projects that push the boundaries of engineering and architecture. Dubai, in particular, has gained global recognition for its iconic structures, including the Burj Khalifa, Palm Jumeirah, and the Dubai Mall. The emirate has established itself as a world-class destination, attracting tourists, businesses, and investors alike.
Abu Dhabi, the capital of the UAE, has also embarked on ambitious construction projects. The city's vision for economic diversification and sustainable growth has driven initiatives such as the Yas Island development, which features the Yas Marina Circuit, Ferrari World, and Yas Waterworld. Additionally, Abu Dhabi's commitment to culture and arts is reflected in projects like the Louvre Abu Dhabi and the upcoming Guggenheim Abu Dhabi, contributing to the city's global appeal.
The UAE's construction industry has also witnessed substantial growth in the hospitality sector. The country's reputation as a luxury destination has prompted the development of numerous high-end hotels and resorts, catering to both business and leisure travelers. Major international hotel chains have established a strong presence in the UAE, further stimulating construction activities.
Infrastructure development has been a key focus in the UAE, with significant investments made in transportation networks, utilities, and public facilities. The construction of world-class airports, such as Dubai International Airport and Abu Dhabi International Airport, has positioned the UAE as a major aviation hub connecting various global destinations. Additionally, the country has invested in advanced transportation systems, including the Dubai Metro and Abu Dhabi's integrated public transport network.
Here are some of the key reasons why the UAE is a great place to be a construction company:
(only native companies have been included)
|
Company |
Market Cap (AED) |
Founding Year |
Major Projects |
|
Arabtec Construction |
3.4 billion |
1975 |
Burj Khalifa, The Palm Jumeirah, Dubai International Airport |
|
Al Jaber LEGT Engineering & Contracting (ALEC) |
3.13 billion |
1970 |
The World, Dubai Metro, Dubai World Trade Centre |
|
Khansaheb Civil Engineering L.L.C. |
2.72 billion |
1968 |
Dubai International Financial Centre, Dubai Mall, Emirates Towers |
|
Al Habtoor Group LLC. |
2.45 billion |
1970 |
Habtoor Grand Resort, Habtoor City, Jumeirah Beach Hotel |
|
Al Sahel Contracting Company (ASCC) LLC. |
2.3 billion |
1976 |
Burj Al Arab, Dubai Opera House, Atlantis The Palm |
|
Al Futtaim |
2 billion |
1930 |
Burj Al Arab Mall, Dubai Festival City, The Dubai Mall |
|
Dubai Contracting Company PSC |
1.42 billion |
1965 |
Dubai International Airport, Al Maktoum International Airport, Dubai Water Canal |
Arabtec Construction is a leading construction company based in the United Arab Emirates (UAE). The company has been involved in numerous high-profile projects, both within the UAE and internationally. Arabtec has demonstrated strong performance over the years, delivering quality construction services and establishing a solid reputation in the industry. The company has been involved in various sectors, including residential, commercial, and infrastructure projects. Notable projects include the Burj Khalifa, the world's tallest building, and the Louvre Abu Dhabi.
Al Jaber LEGT Engineering & Contracting is another prominent construction company operating in the UAE. The company has a diversified portfolio that includes civil engineering, infrastructure, and building construction projects. Al Jaber LEGT has successfully executed large-scale projects in sectors such as transportation, oil and gas, and power infrastructure. Their performance is marked by their commitment to delivering projects on time and within budget. The company has also gained recognition for its expertise in complex engineering solutions.
Khansaheb Civil Engineering is a well-established construction company with a long history in the UAE. The company has played a significant role in shaping the infrastructure landscape of the region. Khansaheb has undertaken a wide range of projects, including residential developments, healthcare facilities, and commercial buildings. They have demonstrated a strong focus on quality and have received accolades for their commitment to excellence. Their extensive experience and expertise have contributed to their success in delivering challenging construction projects.
Al Habtoor Group is a diversified conglomerate that operates in various sectors, including construction, hospitality, automotive, and real estate. While the company's construction division is just one aspect of its overall business, it has successfully completed numerous construction projects in the UAE. Al Habtoor Group has been involved in iconic developments, including luxury hotels, residential complexes, and commercial buildings. Their performance is driven by their commitment to quality and innovation, ensuring they deliver projects that meet international standards.
Also Read: List of Top 10 Construction Companies in Saudi Arabia
Al Sahel Contracting Company is a reputable construction firm that has been active in the UAE for several decades. The company has gained recognition for its expertise in civil engineering and construction. Al Sahel has completed a range of projects, including infrastructure works, industrial facilities, and residential buildings. Their track record demonstrates their ability to handle complex projects while maintaining high standards of safety and quality.
Al Futtaim Group is a diversified conglomerate with operations in various sectors, including construction, automotive, retail, and real estate. While their construction division is not their primary focus, they have successfully executed significant construction projects in the UAE. The company has been involved in the development of commercial and residential properties, as well as industrial facilities. Their performance is characterized by their commitment to delivering projects that meet client expectations and industry standards.
Dubai Contracting Company PSC is an established construction company based in Dubai. The company has a diverse project portfolio, including residential, commercial, and infrastructure developments. Dubai Contracting Company has delivered projects of varying scales, showcasing its ability to handle both small and large-scale projects. They prioritize client satisfaction and aim to complete projects within the agreed timelines and budgets.
Are you looking for in-depth insights into the profile, financials, portfolio of projects, and operations expertise of a construction company in the UAE? Get in touch with us today.
This list is important for Building/Project Owners, Clients, Engineers, Subcontractors, Construction Project Managers, Building Material Suppliers, and Architects. A compiled list of the most reputable and reliable construction companies in the UAE can allow you to identify the best relevant partners and address them directly for your next project.
If you want more information on the largest construction/EPC companies in the world, check out our publication here.
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