Emaar Properties

Emaar Properties, based in Dubai, is a leading global property developer established in 1997. The company focuses on creating master-planned communities that cater to diverse lifestyle needs, with a significant presence in the United Arab Emirates and several international markets, including Saudi Arabia, Lebanon, Egypt, and the United States. Emaar is renowned for iconic projects such as Downtown Dubai, which features the Burj Khalifa and The Dubai Mall, the latter recognized as the largest shopping and entertainment destination in the world. The company operates across three main segments: real estate, hospitality, and retail, with a substantial portion of its revenue generated from real estate activities. Emaar has also expanded into hospitality with brands like The Address Hotels + Resorts, showcasing its commitment to providing integrated lifestyle experiences. Through focused expansion and diversification, Emaar is well-positioned to enhance its global footprint as a prominent player in the real estate sector.

Mohamed Alabbar

Board Member and Managing Director

5 past transactions

Letswork

Seed Round in 2019
Letswork, a mobile app, is changing the co-working industry by partnering with existing hospitality assets and activating them as co-working spaces during the day. It is the UAE's largest networking of co-working spaces and offers users affordable and flexible workspaces across the country through a single membership.

ICON

Seed Round in 2018
ICON is an advanced construction technologies company using 3D printing robotics, software and advanced materials to shift the paradigm of homebuilding for all of humanity.

ServiceMarket

Series B in 2018
ServiceMarket, formerly known as MoveSouq.com, is a rapidly growing startup based in Dubai that operates as a leading online marketplace for home services. It connects customers with licensed professionals across various sectors, including moving, cleaning, painting, gardening, and handyman services, as well as insurance providers. The platform allows users to discover service companies, read customer reviews, and easily book services or request quotes, streamlining the process of finding and hiring professionals for household and office needs. ServiceMarket serves customers in major cities such as Dubai, Abu Dhabi, Sharjah, and Doha, facilitating a hassle-free experience for those seeking reliable home services.

elves

Seed Round in 2017
For consumers, Elves is a chat-based concierge service. With Elves, consumers can do anything from booking flights to delivering groceries. In the last few months, we've expanded to serve thousands of users around the world. Via chat, through our apps or on Messenger you can chat with an elf that’ll do or buy anything (legal) you want. Users are purchasing with an average ticket price of $260, with 80% of them reordering within 28 days and the top 10% using the app daily.

Hamptons

Acquisition in 2006
Hamptons International is a prominent residential estate agency based in London, specializing in a range of property services across the UK and internationally. With over eighty-five offices, the company offers expertise in sales, lettings, property management, residential development, valuation, and finance. Recognized for its excellence, Hamptons International was awarded the Gold ‘Large Estate Agency of the Year’ by the Sunday Times. The agency’s experienced staff provides personalized assistance to clients looking to buy, sell, or manage properties, establishing Hamptons as a respected name in the residential property market.
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