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1999
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Mohamed Alabbar

Mohamed Alabbar

M. Alabbar
-0.01% | - $-0.21M
$2.05 B ₹ 18,638 Cr
Real Time Net Worth #1999 Ranking as of 21 Feb 2026 By Forbes

More on Mohamed Alabbar

Gender

Male

Age

69Y

Country

United Arab Emirates

Born On

November, 1956

Deceased

No

Relationship Status

Married

Children

Unknown

Education

Seattle University - Bachelor'S In Finance And Business Administration

Designation Info :

Self-Made

Yes

Entrepreneur Type

Self-Made (Real Estate)

Primary Organization

Emaar Properties

Titles

Founder & Chairman

Sources of Wealth

Emaar Properties, Noon.Com

Industry

Real Estate, E-Commerce, Retail, Hospitality, Construction

About Mohamed Alabbar


M ohamed Alabbar is a prominent Emirati businessman and a pivotal figure in the economic development and global positioning of Dubai. He is the founder and chairman of Emaar Properties, the publicly traded real estate development company responsible for many of Dubai's most iconic and world-famous landmarks. A graduate of Seattle University, he began his career as a government official before founding Emaar in 1997.

As a close and trusted advisor to Dubai's ruler, Sheikh Mohammed bin Rashid Al Maktoum, Alabbar has been instrumental in executing the emirate's vision for a diversified, post-oil economy. Through Emaar, he has masterminded the development of massive projects like the Burj Khalifa, the world's tallest building; The Dubai Mall, one of the largest shopping malls globally; and the Downtown Dubai complex. He has also expanded his interests into e-commerce by co-founding Noon.com, a major online marketplace in the Middle East, and holds the franchise rights for numerous international food and retail brands in the region.

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Quick Reads


  • Founder and Chairman of Dubai-based real estate giant Emaar Properties.
  • Masterminded the development of the Burj Khalifa and The Dubai Mall.
  • A close advisor to the ruler of Dubai, Sheikh Mohammed bin Rashid Al Maktoum.
  • Co-founder of the Middle Eastern e-commerce platform Noon.com.
  • Holds a degree in finance and business administration from Seattle University.

Early Life and Background


Mohamed Alabbar is an Emirati businessman, the self-made billionaire Founder and Chairman of Emaar Properties (DFM: EMAAR), the largest property developer in the UAE and the company that developed the Burj Khalifa and the Dubai Mall. His career is rooted in government service, real estate development, and global technology investment.

Alabbar graduated from Seattle University (U.S.) with a B.S. in Finance and Business Administration. His philosophical approach centers on iconic scale, audacious vision, and long-term brand building (creating global landmarks). His structural contribution is immense: driving the physical development and globalization of Dubai.

  • Emaar Properties (Founder & Chairman): The core publicly traded asset, the largest property developer in the UAE (developer of the Burj Khalifa, Dubai Mall, and Dubai Marina).
  • Digital Pioneer: He founded Noon.com (a major Middle Eastern e-commerce platform) and Emaar Malls.
  • Investment Strategy: His success is built on scale development and securing government backing for massive, visionary infrastructure projects.
  • Government Role: He served as the Director General of the Dubai Department of Economic Development before founding Emaar.

Career Journey of Mohamed Alabbar


Mohamed Alabbar's strategic genius was his commitment to visionary, iconic development. 1997: Emaar. He founded Emaar Properties, successfully executing a strategy of creating global landmarks that put Dubai on the map (e.g., the Burj Khalifa, the world's tallest building). His structural contribution is tied to the successful development of Dubai's urban and tourism infrastructure.

His later diversification into e-commerce (Noon.com) and financial technology (through his private investment firm) shows his commitment to future technology. His wealth is secured by the colossal, long-term, stable appreciation of Dubai and global real estate values.

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Mohamed Alabbar's Timeline


1997:

Founds Emaar Properties (Founding).

2000s:

Emaar expands aggressively, developing Burj Khalifa and the Dubai Mall (Development Apex).

2017:

Founds Noon.com (E-commerce Pivot).

Ongoing:

Continues as Founder and Chairman, guiding the global real estate and technology giant (Executive Oversight).

Major Business Ventures and Investments


Mohamed Alabbar's wealth is concentrated in his founding equity and continued executive leadership of the publicly traded real estate giant, Emaar Properties (DFM: EMAAR), and his private investments.

  • Emaar Properties (Founder & Chairman): The core publicly traded asset, the largest property developer in the UAE (developer of the Burj Khalifa, Dubai Mall, and Dubai Marina).
  • Digital Pioneer: He founded Noon.com (a major Middle Eastern e-commerce platform) and Emaar Malls.
  • Academic Background: He holds a B.S. in Finance and Business Administration from Seattle University.
  • Government Role: He served as the Director General of the Dubai Department of Economic Development before founding Emaar.

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Philanthropy and Social Impact


Mohamed Alabbar's social impact is structural, stemming from Emaar Properties' role in providing essential commercial and residential infrastructure in Dubai, which drives global tourism and economic growth. His commitment to digital technology accelerates the region's adoption of e-commerce. His personal philanthropy supports various community and educational initiatives.

His structural contribution is tied to the successful industrialization and scale of the Dubai real estate and tourism sector.

Fashion, Style, and Lifestyle


Mohamed Alabbar maintains the professional, composed style of a corporate executive. His attire is consistently formal and high-quality, favoring tailored suits or traditional Emirati attire. His aesthetic reflects serious authority and stability, typical of a leader in the global real estate sector.

Residing in Dubai, UAE, his luxury is the immense security and financial reward derived from his multi-billion dollar fortune. His life is dedicated to real estate development, strategic investment, and technology innovation.

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Quotes and Philosophy


No publicly available quotes.

Fun Facts & Trivia


  • He is the Founder and Chairman of Emaar Properties (developer of the Burj Khalifa and the Dubai Mall).
  • He holds a B.S. in Finance from Seattle University.
  • He founded Noon.com, a major Middle Eastern e-commerce platform.
  • He served as the Director General of the Dubai Department of Economic Development.
  • His fortune is tied to the long-term, massive appreciation of Dubai real estate values.
  • He is known for his commitment to visionary, iconic development.
  • His wealth is estimated at $6.2 billion (2024 estimate).

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Sources & References


This profile is compiled from verified biographical and financial records:

  • Wealth Data: Real-time tracking and historical data from Forbes Billionaires and the Bloomberg Billionaires Index.
  • Biographical Records: Educational and career history sourced from Reuters, The Wall Street Journal, and official university alumni directories.
  • Regulatory Filings: Shareholder and executive disclosures from stock exchange databases, including HKEX, SSE, SZSE, and SEC EDGAR.
  • Corporate History: Primary data from annual company reports, founding charters, and verified press announcements.

All information is cross-referenced with public sources for accuracy; some narrative sections are AI-assisted summaries.

If you find any inaccuracies, please report them to admin@redcarpetlife.in

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