HRE Development
A contractor of three decades that became a developer in 2024 — and handed over its first tower six months early.
#13 by registered sales among the 26 developers we count from the DLD registry — 581 of 48,404 home sales registered in January–August 2026. See the full ranking →
What HRE Development actually sold
Source: DLD registered sales, Jan–Jul 2026, our own aggregation. Projects are matched to the developer by registered project name, verified against the registered area — figures cover what actually changed hands, not asking prices. Headline figures count homes only (apartments, villas and townhouses); land plots are reported separately.
Top projects by registered sales
Where it sells
Who they are
Founded on three decades of UAE contracting and chaired by Mohamed Adib Hijazi, HRE Development moved into development with the Skyhills Residences towers in Dubai Science Park, followed by Sakura Gardens — a resort-style community in Falcon City with half its area given over to greenery — and Wadi Hills.
HRE's argument is delivery, and unusually it has evidence: Skyhills Residences 1, its first project as a developer, started handover six months ahead of contract — a rarity in a market where delays are the norm. The reason it can do this is structural: the company built towers for other developers for thirty years, so design, construction and execution sit inside one business rather than across three contracts. The counterweight: 100% of its Jan–Jul sales were off-plan and the track record as a developer, as opposed to a builder, is exactly one delivered project.
Projects and coverage
We do not run individual project pages for this developer yet — its units come through our shortlist. The area guides below cover the zones where it actually registers sales.
Where it builds — area guides
Common questions
How many properties did HRE Development sell in Dubai in 2026?
The Dubai Land Department registered 558 home sales in HRE Development projects between January and July 2026, totalling AED 912.6M. The median registered price was AED 1,383,549 at 1,655 AED per sqft, and 100% of sales were off-plan. Most of that volume sits in DUBAI SCIENCE PARK (264 registrations), FALCON CITY OF WONDERS and JUMEIRAH VILLAGE CIRCLE.
Is HRE Development expensive compared with the rest of Dubai?
Its median works out at 1,655 AED per sqft against a citywide median of AED 1,720 per sqft across 77,666 registered apartment sales in Jan–Jul 2026. The median HRE Development deal was AED 1,383,549; the largest single registration in the period was AED 14,041,720. In percentage terms that is 4% below the citywide apartment median — useful context when a sales office says a launch is priced «at market».
Which HRE Development projects sell the most?
By registered sales in Jan–Jul 2026: Skyhills Astra by HRE (234), Sakura Gardens by HRE (167), Wadi Hills by HRE (46). High transaction counts mean easier resale, but also more competing units when you exit. The leading project alone accounted for 42% of HRE Development's Jan–Jul registrations — a fairly concentrated pipeline.
Can a non-resident buy from HRE Development remotely?
Yes. Foreign buyers can purchase in Dubai's freehold zones without residency, and the deal is registered with the DLD in dirhams — a power of attorney allows the whole process to be done without flying in. Purchases at or above AED 2M can qualify for the 10-year Golden Visa. HRE Development's median registered price of AED 1,383,549 sits below the AED 2M Golden Visa bar, so a single median unit qualifies only for the 2-year property-owner visa — Dubai abolished its minimum value in 2026.
Where do these numbers come from?
From individual sales registered with the Dubai Land Department (open data), January–July 2026, aggregated by us. Projects are attributed to the developer by their registered project name and checked against the registered area. These are prices buyers actually paid, which usually sit below portal asking prices. These are registrations, not launch-day «sales»: a project that sells out at launch appears here only as buyers complete DLD registration, which is why our counts can differ from press releases.
Market data behind this page
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