Mohamed Alabbar Net Worth (Updated 2025).

Mohamed Alabbar, a name that has become synonymous with entrepreneurship and innovation, began his career in the early 1980s. Born in the United Arab Emirates, Alabbar started his professional journey at the age of 22, when he joined the Dubai Municipality as a clerk. His keen intellect and relentless work ethic quickly propelled him up the corporate ladder, and within a decade, he had risen to become the director-general of the department of civil aviation.

In 1997, Alabbar took a leap of faith and resigned from his government position to venture into the private sector. He co-founded Emaar Properties, a real estate development company, with a vision to transform the skyline of Dubai and the Middle East. Under his leadership, Emaar grew from a small local developer to a global property giant, renowned for its iconic projects such as the Burj Khalifa, the world’s tallest building.

Mohamed Alabbar’s Current Net Worth (2025)

Mohamed Alabbar, the renowned Emirati businessman, has an estimated net worth of $8.3 billion as of 2025, according to the latest available information. This significant wealth is a testament to his successful career and diverse business ventures.

Career

Alabbar began his career in the early 1980s, working for the Dubai government. He later joined Emaar Properties, rising through the ranks to become its chairman in 2001. Under his leadership, Emaar became a global property giant, developing iconic projects like the Burj Khalifa. In 2020, he stepped down from his role at Emaar to focus on his other ventures.

Other Ventures

Beyond Emaar, Alabbar has invested in various sectors. He co-founded Noon, an e-commerce platform, in 2017. He also established the Dubai Future Foundation, aimed at shaping the future of cities. Additionally, he has investments in technology, healthcare, and entertainment sectors, reflecting his diversified business portfolio.

Assets

Alabbar’s assets include significant stakes in Emaar Properties, Noon, and other companies. He also owns luxurious properties in Dubai and other global locations. His real estate portfolio includes high-end residential and commercial properties, contributing to his overall net worth.

Annual Income

As of 2025, Mohamed Alabbar’s annual income is estimated to be around $500 million. This figure is derived from his various business ventures, investments, and dividends from his stake in Emaar Properties and other companies. His annual income has seen a steady increase over the years, reflecting his continued business success.

Frequently Asked Questions about  Mohamed Alabbar

Frequently Asked Questions: Mohamed Alabbar Net Worth

1. Who is Mohamed Alabbar?

Mohamed Alabbar is a prominent Emirati businessman, investor, and the founder of Emaar Properties, a global property developer and provider of premium retail and leisure experiences.

2. What is Mohamed Alabbar’s net worth?

Mohamed Alabbar’s net worth is estimated to be around $6.8 billion as of the latest estimates.

3. How did Mohamed Alabbar make his fortune?

Alabbar made his fortune primarily through his role as the founder and chairman of Emaar Properties. He also has investments in various other sectors, including technology, retail, and hospitality.

4. What is Emaar Properties?

Emaar Properties is a global property developer and provider of premium retail and leisure experiences. It is known for developing iconic projects like the Burj Khalifa, the world’s tallest building, and The Dubai Mall, one of the largest shopping malls in the world.

5. When was Emaar Properties founded?

Emaar Properties was founded in 1997 by Mohamed Alabbar.

6. What other businesses is Mohamed Alabbar involved in?

Alabbar is involved in various other businesses, including Noon.com, an e-commerce platform in the Middle East; Careem, a ride-hailing service acquired by Uber; and Virgin Megastore Middle East, among others.

7. What is Noon.com?

Noon.com is an e-commerce platform founded by Mohamed Alabbar and Saudi Arabia’s Public Investment Fund. It is one of the largest online marketplaces in the Middle East.

8. What is Mohamed Alabbar’s role in Careem?

Alabbar was one of the founding investors in Careem, a ride-hailing service. He served as the chairman of the company until it was acquired by Uber in 2019.

9. What is Mohamed Alabbar’s education background?

Alabbar holds a Bachelor of Science degree in Business Administration from the United Arab Emirates University.

10. What are Mohamed Alabbar’s philanthropic efforts?

Alabbar is known for his philanthropic efforts. He has made significant contributions to various causes, including education, health, and community development, through the Mohamed Bin Rashid Al Maktoum Global Initiatives.