Fakruhuddin is one of the leading real estate developers in Dubai, with a portfolio of over 100 projects across residential, commercial, hospitality, and retail sectors. Fakruhuddin aims to deliver high-quality properties in Dubai that offer value, comfort, and convenience to its customers.
In this article, we will explore the history, achievements, and offerings of Fakruhuddin, as well as answer some frequently asked questions about this renowned developer.
Who Is Fakruhuddin?
Fakruhuddin is the founder and chairman of Fakruhuddin Properties, a real estate development company that was established in 1997. Fakruhuddin is a visionary entrepreneur who has a passion for creating innovative and sustainable projects that cater to the diverse needs and preferences of the market. Fakruhuddin is also a philanthropist who supports various social and charitable causes in the UAE and abroad.
What Is The History Of Fakruhuddin?
Fakruhuddin started his career as a civil engineer in the early 1980s, working on several infrastructure and construction projects in Dubai. He soon realized the potential of the real estate sector and decided to venture into it with his own company.
He launched his first project, Fakruhuddin Tower, in 1997, which was a landmark development in the Sheikh Zayed Road area. Since then, he has developed over 100 projects across different segments, such as Fakruhuddin Residences, Fakruhuddin Business Park, Fakruhuddin Hotel & Suites, Fakruhuddin Mall, and Fakruhuddin City.
Who Are Key People In Fakruhuddin?
Besides Fakruhuddin himself, there are several key people who play an important role in the success of Fakruhuddin Properties. Some of them are:
- Abdul Rahman Fakruhuddin: He is the son of Fakruhuddin and the vice chairman of the company. He oversees the strategic planning and execution of the projects and ensures that they meet the highest standards of quality and customer satisfaction.
- Mohammed Fakruhuddin: He is the younger son of Fakruhuddin and the managing director of the company. He is responsible for the financial management and operations of the company and ensures that they are aligned with the vision and mission of the founder.
- Sara Fakruhuddin: She is the daughter of Fakruhuddin and the director of marketing and sales of the company. She leads the marketing and sales team and ensures that they reach out to the target audience and generate maximum revenue for the company.
- Ashraf Ali: He is the chief executive officer of the company. He has over 20 years of experience in the real estate industry and has been with Fakruhuddin Properties since 2005. He manages the day-to-day operations of the company and coordinates with all the departments and stakeholders.
- Nadia Khan: She is the chief financial officer of the company. She has over 15 years of experience in accounting and finance and has been with Fakruhuddin Properties since 2010. She handles the financial reporting and analysis of the company and ensures that they comply with all the regulatory requirements.
Where Is The Headquarters Of Fakruhuddin?
The headquarters of Fakruhuddin Properties is located in Fakruhuddin Tower, which is a 40-storey building on Sheikh Zayed Road. The tower houses the offices of Fakruhuddin Properties as well as other tenants such as banks, restaurants, clinics, and shops. The tower also offers panoramic views of Dubai’s skyline and landmarks such as Burj Khalifa, Dubai Mall, and Dubai Canal.
How Many Employees Has Fakruhuddin?
Fakruhuddin Properties has over 500 employees who work in various departments such as engineering, architecture, design, project management, marketing, sales, finance, legal, human resources, administration, and customer service.
The company also hires contractors, consultants, suppliers, and agents who assist in delivering its projects.
What Is The Financial Performance Of Fakruhuddin?
Fakruhuddin Properties has achieved remarkable growth and profitability since its inception. The company has reported a revenue of AED 3 billion in 2020, which was a 10% increase from 2019.
The company has also recorded a net profit of AED 500 million in 2020, which was a 15% increase from 2019. The company has attributed its success to its diversified portfolio, loyal customer base, strong brand reputation, and efficient management.
What Are The Most Popular Fakruhuddin Off Plan Projects In Dubai?
Fakruhuddin Properties has several off plan projects in Dubai that offer attractive investment opportunities for buyers and investors. Some of the most popular ones are:
1. Fakruhuddin Residences
Fakruhuddin Residences is a luxury residential project that consists of two towers of 45 and 50 storeys each, located in Business Bay. The project offers spacious and elegant apartments ranging from studios to four-bedroom units, with stunning views of the Dubai Water Canal and the Burj Khalifa.
The project also features world-class amenities such as a swimming pool, gym, spa, sauna, steam room, kids’ play area, landscaped gardens, and 24/7 security. The project is expected to be completed by 2024 and the starting price is AED 600,000.
2. Fakruhuddin Business Park
Fakruhuddin Business Park is a premium commercial project that consists of three towers of 35, 40, and 45 storeys each, located in Dubai Silicon Oasis.
The project offers modern and flexible office spaces ranging from 500 to 5,000 sq ft, with state-of-the-art facilities such as high-speed internet, smart lighting, conference rooms, meeting rooms, cafeteria, lounge, and parking.
The project also features a retail plaza that offers a variety of shops, restaurants, cafes, and services. The project is expected to be completed by 2025 and the starting price is AED 400,000.
3. Fakruhuddin Hotel & Suites
Fakruhuddin Hotel & Suites is a deluxe hospitality project that consists of a 50-storey tower located in Jumeirah Village Circle. The project offers stylish and comfortable hotel rooms and serviced apartments ranging from studios to three-bedroom units, with splendid views of the Dubai skyline and the Arabian Gulf.
The project also features a host of amenities such as a rooftop pool, gym, spa, restaurant, bar, lounge, banquet hall, business center, and concierge service. The project is expected to be completed by 2023 and the starting price is AED 500,000.
4. Fakruhuddin Mall
Fakruhuddin Mall is a mega retail project that consists of a four-storey mall located in Al Barsha South. The project offers a diverse mix of shops, outlets, kiosks, hypermarkets, cinemas, food courts, restaurants, cafes, entertainment zones, and services.
The project also features a multiplex cinema that has 12 screens and can accommodate up to 2,000 people. The project is expected to be completed by 2022 and the starting price is AED 300,000.
5. Fakruhuddin City
Fakruhuddin City is a grand mixed-use project that consists of several towers of different heights located in Dubailand. The project offers a variety of properties such as apartments, villas, townhouses, offices, shops, hotels, and leisure facilities.
The project also features a central park that spans over 10 acres and has a lake, fountain, playgrounds, and sports facilities. The project is expected to be completed by 2026 and the starting price is AED 800,000.
What Type Of Properties Has Fakruhuddin For Sale?
Fakruhuddin Properties has a wide range of properties for sale in Dubai, catering to different segments of the market. Whether you are looking for a cozy studio, a spacious villa, a sleek office, or a lavish hotel, you can find it with Fakruhuddin Properties. Some of the types of properties that Fakruhuddin Properties has for sale are:
- Apartments: Fakruhuddin Properties offers apartments of various sizes and layouts, from studios to four-bedroom units, with modern designs and amenities. You can choose from different locations and views, such as Business Bay, Dubai Silicon Oasis, Jumeirah Village Circle, Dubailand, and more.
- Villas: Fakruhuddin Properties offers villas of different styles and configurations, from two-bedroom to six-bedroom units, with elegant interiors and exteriors. You can enjoy the privacy and comfort of your own villa, with features such as private pools, gardens, garages, and maid’s rooms. You can choose from different communities and landscapes, such as Arabian Ranches, Palm Jumeirah, The Springs, and more.
- Townhouses: Fakruhuddin Properties offers townhouses of different sizes and designs, from three-bedroom to five-bedroom units, with contemporary finishes and facilities. You can experience the convenience and security of living in a gated community, with features such as shared pools, gyms, parks, and playgrounds. You can choose from different neighborhoods and environments, such as Jumeirah Golf Estates, Mira Oasis, Town Square, and more.
- Offices: Fakruhuddin Properties offers offices of different dimensions and specifications, from 500 sq ft to 5,000 sq ft, with state-of-the-art infrastructure and services. You can establish your business in a prime location, with features such as high-speed internet, smart lighting, conference rooms, meeting rooms, cafeteria, lounge, and parking. You can choose from different zones and sectors, such as Sheikh Zayed Road, Dubai Silicon Oasis, Business Bay, and more.
- Shops: Fakruhuddin Properties offers shops of different areas and types, from 300 sq ft to 3,000 sq ft,with various options and categories, such as retail, outlet, kiosk, hypermarket, cinema, food court, restaurant, cafe, entertainment zone, and service. You can benefit from the high footfall and exposure of a popular mall, with features such as ample parking, security, maintenance, and management. You can choose from different malls and locations, such as Fakruhuddin Mall, Dubai Mall, Mall of the Emirates, and more.
- Hotels: Fakruhuddin Properties offers hotels of different ratings and standards, from three-star to five-star, with luxurious rooms and suites. You can enjoy the hospitality and amenities of a world-class hotel, with features such as rooftop pool, gym, spa, restaurant, bar, lounge, banquet hall, business center, and concierge service. You can choose from different hotels and areas, such as Fakruhuddin Hotel & Suites, Atlantis The Palm, Burj Al Arab, and more.
In What Areas In Dubai Does Fakruhuddin Work?
Fakruhuddin Properties works in various areas in Dubai that offer different advantages and attractions for the buyers and investors. Some of the areas that Fakruhuddin Properties works in are:
1. Business Bay
Business Bay is a central business district that is located along the Dubai Water Canal. It is home to many skyscrapers, offices, hotels, apartments, and shops. It is also close to Downtown Dubai, where you can find the Burj Khalifa, Dubai Mall, Dubai Fountain, and Dubai Opera. Business Bay is a prime location for business and leisure travelers who want to enjoy the convenience and vibrancy of the city.
2. Dubai Silicon Oasis
Dubai Silicon Oasis is a free zone that is dedicated to the technology and innovation sector. It is located on the outskirts of the city and has a campus-like environment. It hosts many companies, startups, incubators, accelerators, research centers, universities, and schools. It also has many residential and commercial properties that offer affordable and comfortable living and working spaces.
3. Jumeirah Village Circle
Jumeirah Village Circle is a residential community that is located in the heart of New Dubai. It is surrounded by major roads such as Sheikh Zayed Road,Al Khail Road, and Mohammed Bin Zayed Road. It offers a variety of villas, townhouses, and apartments that are designed to suit different lifestyles and budgets. It also has many amenities such as parks, schools, mosques, clinics, and shops. Jumeirah Village Circle is a family-friendly and peaceful community that is ideal for those who seek a suburban living experience.
Dubailand is a mega entertainment and leisure destination that is located in the desert area of Dubai. It covers an area of 278 sq km and has several zones that feature different themes and attractions. Some of the zones are Global Village, Dubai Miracle Garden, Dubai Autodrome, Dubai Outlet Mall, and Al Habtoor Polo Resort. Dubailand also has many residential and commercial properties that offer spacious and luxurious living and working spaces.
Frequently Asked Questions
Here are some of the frequently asked questions about Fakruhuddin Properties and their answers:
What Are The Main Sectors Fakruhuddin Works With?
Fakruhuddin Properties works with four main sectors in the real estate industry: residential, commercial, hospitality, and retail.
The company develops and manages properties in these sectors that cater to the needs and preferences of the customers.
The company also works with other sectors such as education, health care, sports, and entertainment.
What Awards Has Fakruhuddin Won?
Fakruhuddin Properties has won several awards and recognitions for its excellence and innovation in the real estate industry. Some of the awards are:
– Dubai Quality Award 2020: Fakruhuddin Properties won the Dubai Quality Award for its outstanding performance in quality management and customer satisfaction.
– Arabian Property Awards 2019: Fakruhuddin Properties won five
Arabian Property Awards for its projects in different categories such as Best Residential High-Rise Development, Best Commercial High-Rise Development, Best Hotel Architecture, Best Retail Development, and Best Mixed-Use Development.
– Gulf Real Estate Awards 2018: Fakruhuddin Properties won three Gulf Real Estate Awards for its projects in different categories such as Best Developer of the Year, Best Sustainable Development, and Best Customer Experience.
In Which Markets Is Fakruhuddin Active?
Fakruhuddin Properties is mainly active in the Dubai market, where it has established a strong presence and reputation.
The company also has projects in other markets such as Abu Dhabi, Sharjah, Ajman, Ras Al Khaimah, Oman, Bahrain, Saudi Arabia, Egypt, Turkey, and India.