Abyaar Real Estate Development is a major real estate developer operating across the Middle East region, and providing high quality real estate properties renowned for their modern designs and selected prime locations.
The company’s vision is to develop boutique, contemporary destinations differentiated through exceptional quality, and contributing to raising the standards of lifestyle. The Company operates in compliance with the principles of Islamic Shari’a.
Originally established in 2002 as a limited liability company, Abyaar’s legal status was changed in 2005 into a shareholding company with a capital of KD 35 million, pursuant to a strategic partnership between Kuwait’s Aayan Leasing and Investment Company and Al Rashdan Group. The list of major shareholders in Abyaar includes other prominent names in the world of real estate and investment, such Muthnna Investment Company and Wafra International Investment Company. Through this partnership, Abyaar demonstrates firm commitment to raising the benchmark for the real estate sector across the Gulf markets.
Abyaar develops residential, commercial, retail and hospitality projects, using accomplished external and interior architects to create an unparalleled boutique product.
Listed on the Kuwait Stock Exchange in 2007, the Company’s capital was raised from KD 48 million to KD 53 million in 2008, and then to KD 106 million in 2009.
Vision
Distinguish Abyaar Real Estate Development Company as a leader in the provision of exceptionally high quality real estate, recognized for contemporary design in the very best locations, and acknowledged as an organization which is committed to customer satisfaction. By achieving this, Abyaar benefits shareholders, customers and the landscapes in which it operates - building equity whilst creating successful communities.
Mission
- Absolute commitment to a comprehensive quality.
- Ensuring excellence in all our operations.
- Constant quest for the best in the design and selection of construction sites.
- Creation of innovative projects that meet the value and ensure customer satisfaction.
- Enter into partnerships based on mutual trust and shared values.
- Work in a comprehensive perspective to building and increase the value of investment.
- Attention to small details and customer requirements.
Philosophy
With a flair for the refined, Abyaar redefines luxury, creating signature buildings, each distinct and yet all built to the same principle of the highest standards.
Starting with the selection of prime locations, some of the finest architects from around the world design an attractive master plan that enriches the skyline and complies with Dubai Municipality's Green Building standards.
Our philosophy continues through the planning of the interiors, which are created by celebrated interior designers, using high-quality furniture and finishes installed by carefully selected contractors.
By paying attention to the requirements and tastes of our clientele, we have created detailed guidelines to ensure that every project meets our exacting standards of luxury and refinement, from the 5-star operators of our spas and common areas, to the specifications of the guest bathrooms.
Passion
Always aspiring to perfection, we have total commitment to uncompromising quality, nurturing excellence in every sphere of operation. When these elements come together they form excellence and we create beautifully crafted homes that are a joy to own and live in.
Paying attention to every detail, Abyaar seeks out the best locations, partners with the finest architects and designers, and commission’s first-rate contractors. Through partnerships based on mutual trust and common values, we create innovative projects that satisfy the needs and exceed the expectations of the most demanding clientele.
Ensuring Excellence
Before procuring a site, we assess the feasibility of the surroundi