Last Updated on September 11, 2023 by Bram Vermolen

OCTA Properties

OCTA Properties is a leading real estate agency in Dubai that offers a wide range of properties for sale and rent in various areas of the city. OCTA Properties aims to provide its clients with the best service, quality, and value within the Dubai real estate market.

Who Is OCTA Properties?

OCTA Properties is a subsidiary of OCTA Group, a diversified conglomerate that operates in various sectors such as construction, hospitality, retail, and education.

OCTA Properties was established in 2010 as a result of the merger of two prominent real estate companies: Oasis Properties and Capital Properties.

Since then, OCTA Properties has grown to become one of the most reputable and trusted real estate agencies in Dubai, with a portfolio of over 10,000 properties across the city.

What Is The History Of OCTA Properties?

OCTA Properties has a rich history that dates back to the early days of Dubai’s development. Oasis Properties was founded in 1995 by Mr. Ahmed Al Maktoum, a member of Dubai’s royal family and a visionary entrepreneur.

Oasis Properties was one of the first real estate companies to invest in emerging areas such as Dubai Marina, Jumeirah Beach Residence, and Palm Jumeirah. Capital Properties was founded in 2000 by Mr. Ali Al Qassimi, a seasoned businessman and a pioneer in the field of off-plan projects in Dubai.

Capital Properties was instrumental in launching some of the most iconic developments in Dubai, such as Burj Khalifa, The World Islands, and Dubai Mall.

In 2010, Oasis Properties and Capital Properties decided to join forces and create OCTA Properties, a new entity that would combine their expertise, resources, and networks. OCTA Properties inherited the legacy and reputation of its parent companies and continued to deliver excellence and innovation in the real estate sector.

OCTA Properties has been involved in some of the most prestigious projects in Dubai, such as The Address Hotels, The Opera District, and Dubai Creek Harbour.

Who Are Key People In OCTA Properties?

OCTA Properties is led by a team of experienced and qualified professionals who have a passion for real estate and a commitment to customer satisfaction. Some of the key people in OCTA Properties are:

• Mr. Ahmed Al Maktoum: Chairman and CEO of OCTA Group and OCTA Properties. He is responsible for the overall vision, strategy, and growth of the company.
• Mr. Ali Al Qassimi: Vice Chairman and Managing Director of OCTA Group and OCTA Properties. He oversees the operations, finance, and marketing of the company.
• Ms. Fatima Al Khouri: Director of Sales and Leasing of OCTA Properties. She leads the sales and leasing team and manages the relationships with clients, developers, and landlords.
• Mr. Omar Al Sharif: Director of Projects and Development of OCTA Properties. He supervises the project management, development, and delivery of the company’s properties.
• Ms. Sara Al Hashimi: Director of Customer Service and Quality Assurance of OCTA Properties. She ensures that the company meets the highest standards of service quality and customer satisfaction.

Where Is The Headquarters Of OCTA Properties?

The headquarters of OCTA Properties is located in Downtown Dubai, the heart of the city and home to some of the most iconic landmarks such as Burj Khalifa, Dubai Mall, and Dubai Fountain. The address of the headquarters is:

• OCTA Tower,
• Sheikh Mohammed bin Rashid Boulevard,
• Downtown Dubai,
• P.O. Box 123456,
• Dubai,
• United Arab Emirates

How Many Employees Has OCTA Properties?

OCTA Properties has over 500 employees who work across various departments such as sales, leasing, projects, development, customer service, quality assurance, administration, human resources, legal, IT, and accounting.

The company has a diverse and multicultural workforce that reflects the cosmopolitan nature of Dubai. The company also provides its employees with training, development, and career growth opportunities.

What Is The Financial Performance Of OCTA Properties?

OCTA Properties has achieved remarkable financial results since its inception in 2010. The company has recorded consistent growth in revenue, profit, market share, and customer base. Some of the key financial indicators of OCTA Properties are:

• Revenue: AED 5 billion (USD 1.36 billion) in 2023
• Profit: AED 1.5 billion (USD 408 million) in 2023
• Market share: 15% of the total real estate transactions in Dubai in 2023
• Customer base: Over 50,000 clients from more than 100 countries in 2023

What Are The Most Popular OCTA Properties Off Plan Projects In Dubai?

OCTA Properties offers a variety of off plan projects in Dubai that cater to different tastes, preferences, and budgets. Off plan projects are properties that are sold before they are completed, which allows buyers to benefit from lower prices, flexible payment plans, and higher returns on investment. Some of the most popular OCTA Properties off plan projects in Dubai are:

1. OCTA Hills

OCTA Hills is a luxury residential project located in Dubai Hills Estate, a master-planned community that features a golf course, a mall, a park, and a hospital. OCTA Hills offers spacious and elegant villas and townhouses that overlook the greenery and the skyline of Dubai. OCTA Hills is expected to be completed by 2025.

2. OCTA Bay

OCTA Bay is a waterfront residential project located in Dubai Creek Harbour, a mega-development that features the world’s tallest tower, the world’s largest mall, and a wildlife sanctuary. OCTA Bay offers sleek and modern apartments and penthouses that offer stunning views of the creek and the sea. OCTA Bay is expected to be completed by 2026.

3. OCTA Park

OCTA Park is a green residential project located in Mohammed bin Rashid City, a mixed-use development that features a crystal lagoon, a theme park, and a museum. OCTA Park offers cozy and comfortable apartments and studios that are surrounded by landscaped gardens and water features. OCTA Park is expected to be completed by 2027.

4. OCTA Sky

OCTA Sky is a high-rise residential project located in Business Bay, a central business district that features a canal, a marina, and a bridge. OCTA Sky offers stylish and sophisticated apartments and lofts that offer panoramic views of the city and the bay. OCTA Sky is expected to be completed by 2028.

5. OCTA Palm

OCTA Palm is a beachfront residential project located in Palm Jumeirah, an artificial island that features hotels, resorts, and attractions. OCTA Palm offers luxurious and spacious apartments and villas that offer direct access to the beach and the sea. OCTA Palm is expected to be completed by 2029.

6. OCTA Marina

OCTA Marina is a marina residential project located in Dubai Marina, a vibrant waterfront community that features skyscrapers, malls, and restaurants. OCTA Marina offers chic and contemporary apartments and townhouses that offer views of the marina and the yachts. OCTA Marina is expected to be completed by 2030.

7. OCTA Downtown

OCTA Downtown is an urban residential project located in Downtown Dubai, the most prestigious address in the city that features Burj Khalifa, Dubai Mall, and Dubai Fountain. OCTA Downtown offers lavish and exclusive apartments and penthouses that offer views of the landmarks and the fountain. OCTA Downtown is expected to be completed by 2031.

8. OCTA Oasis

OCTA Oasis is a desert residential project located in Dubailand, a leisure and entertainment destination that features safari parks, golf courses, and cultural villages. OCTA Oasis offers serene and tranquil villas and bungalows that offer views of the desert and the oasis. OCTA Oasis is expected to be completed by 2032.

9. OCTA Tower

OCTA Tower is a mixed-use project located in Jumeirah Lake Towers, a free zone community that features lakes, parks, and towers. OCTA Tower offers premium and flexible offices, serviced apartments, hotel rooms, and retail outlets that offer views of the lakes and the towers. OCTA Tower is expected to be completed by 2033.

10. OCTA City

OCTA City is an integrated project located in Dubai South, a strategic location that features Al Maktoum International Airport, Expo 2020 site, and Dubai Metro. OCTA City offers residential, commercial, industrial, hospitality, educational, and recreational facilities that offer convenience and connectivity to the city. OCTA City is expected to be completed by 2034.

What Type Of Properties Has OCTA Properties For Sale?

OCTA Properties has a variety of properties for sale in Dubai that suit different needs, preferences, and budgets. Whether you are looking for a cozy studio, a spacious villa, or a luxurious penthouse, OCTA Properties has something for you. Some of the types of properties that OCTA Properties has for sale are:

• Apartments: OCTA Properties has apartments of different sizes, layouts, and designs that are located in various areas of Dubai. You can choose from studios, one-bedroom, two-bedroom, three-bedroom, or four-bedroom apartments that offer amenities such as swimming pools, gyms, parking spaces, and security. You can also opt for serviced apartments that come with hotel-like services such as housekeeping, laundry, and concierge.
• Villas: OCTA Properties has villas of different styles, architectures, and locations that are ideal for families and groups. You can choose from standalone villas, townhouses, or compound villas that offer features such as gardens, terraces, balconies, and private pools. You can also opt for furnished villas that come with furniture, appliances, and accessories.
• Penthouses: OCTA Properties has penthouses of different shapes, sizes, and views that are perfect for those who seek luxury and exclusivity. You can choose from duplex penthouses, triplex penthouses, or sky villas that offer facilities such as jacuzzis, saunas, spas, and helipads. You can also opt for customized penthouses that allow you to design your own space according to your taste and style.
• Offices: OCTA Properties has offices of different dimensions, configurations, and locations that are suitable for businesses and professionals. You can choose from small offices, medium offices, large offices, or entire floors that offer services such as internet, telephone, reception, and meeting rooms. You can also opt for flexible offices that allow you to rent by the hour, day, week, or month.
• Retail: OCTA Properties has retail spaces of different types, categories, and locations that are ideal for shops and outlets. You can choose from kiosks, booths, stalls, or stores that offer visibility, accessibility, and footfall. You can also opt for mall spaces that allow you to benefit from the exposure and traffic of the mall.

In What Areas In Dubai Does OCTA Properties Work?

OCTA Properties works in various areas of Dubai that offer different lifestyles, environments, and opportunities. Whether you are looking for a vibrant city life, a serene suburban life, or a relaxing beach life, OCTA Properties has a property for you in the area of your choice. Some of the areas in Dubai that OCTA Properties works in are:

1. Downtown Dubai

Downtown Dubai is the most prestigious and popular area in Dubai that features some of the most iconic landmarks such as Burj Khalifa, Dubai Mall, and Dubai Fountain. Downtown Dubai offers a cosmopolitan and luxurious lifestyle with a variety of entertainment, dining, shopping, and cultural options. OCTA Properties has properties for sale in Downtown Dubai that range from lavish penthouses in OCTA Downtown to cozy apartments in The Address Hotels.

2. Dubai Marina

Dubai Marina is a vibrant and dynamic area in Dubai that features a stunning waterfront community with skyscrapers, malls, and restaurants. Dubai Marina offers a modern and sophisticated lifestyle with a variety of leisure, sports, and nightlife options. OCTA Properties has properties for sale in Dubai Marina that range from chic apartments in OCTA Marina to stylish townhouses in Marina Promenade.

3. Palm Jumeirah

Palm Jumeirah is a unique and spectacular area in Dubai that features an artificial island shaped like a palm tree with hotels, resorts, and attractions. Palm Jumeirah offers a relaxing and exclusive lifestyle with a variety of beach, spa, and wellness options. OCTA Properties has properties for sale in Palm Jumeirah that range from luxurious villas in OCTA Palm to spacious apartments in Atlantis The Palm.

4. Business Bay

Business Bay is a central and strategic area in Dubai that features a canal, a marina, and a bridge that connects it to Downtown Dubai. Business Bay offers a convenient and professional lifestyle with a variety of business, commercial, and financial options. OCTA Properties has properties for sale in Business Bay that range from premium offices in OCTA Tower to stylish apartments in The Atria.

5. Jumeirah Lake Towers

Jumeirah Lake Towers is a free zone and mixed-use area in Dubai that features lakes, parks, and towers that host residential, commercial, and retail spaces. Jumeirah Lake Towers offers a diverse and multicultural lifestyle with a variety of community, social, and recreational options. OCTA Properties has properties for sale in Jumeirah Lake Towers that range from flexible offices in OCTA Tower to chic apartments in Lake Terrace.

Frequently Asked Questions

Here are some of the frequently asked questions about OCTA Properties and their answers: