Have you ever wondered about Mohamed Alabbar net worth? Alabbar has become one of the Middle East’s most important and renowned businessmen because of his innovative leadership as founder of Emaar Properties. His story from humble beginnings to the heart of global business is fascinating.
In this article, we focus on showing you Mohamed Alabbar net worth alongside his early life, business endeavors, and how he became a crucial figure in international real estate and commerce.
Mohamed Alabbar’s Birth, Parents, and Education
Birth
Mohamed Alabbar was born on the 8th of November in the year 1956 in Dubai City, which is situated in the United Arab Emirates.
Parents
He was the eldest of 12 children. His father was a ship captain, and the family lived modestly. Alabbar grew up understanding the value of hard work and discipline, traits that would later shape his career.
Education
Mohamed Alabbar was gifted a scholarship by Dubai’s government to attend an American university. He obtained a Bachelor’s degree in Finance and Business Administration in 1981 from Seattle University in Washington. His international exposure to business helped broaden his perspective and increased his appetite for transforming Dubai into a global city.
Mohamed Alabbar’s Career
Early Career and Government Service
After returning to the UAE, Alabbar worked closely with the Dubai government. He served as Director of the Dubai Department of Economic Development and as an economic adviser to Sheikh Mohammed bin Rashid Al Maktoum, the Ruler of Dubai. These roles positioned him at the heart of Dubai’s transformation and gave him invaluable insight into planning and infrastructure development.
Founding of Emaar Properties
In 1997, Mohamed Alabbar founded Emaar Properties, a move that would forever change the skyline of Dubai. Under his leadership, Emaar grew rapidly, developing major projects like:
- Burj Khalifa – The tallest building in the world.
- The Dubai Mall – One of the world’s largest shopping malls.
- Dubai Marina – A massive waterfront development.
These iconic landmarks made Emaar a symbol of Dubai’s ambition and modernization, turning it into one of the largest real estate companies in the world.
View this post on Instagram
International Expansion
Alabbar’s vision extended beyond the borders of the UAE. He was responsible for spearheading Emaar’s expansion into Saudi Arabia, Egypt, India, Turkey, and Morocco. These countries also contributed to the company’s diversification into hospitality, malls, and retail, which further increased its valuation and Mohamed Alabbar net worth.
Ventures Beyond Emaar
Beyond Emaar, Mohamed Alabbar founded an e-commerce company in 2017 called Noon.com, aimed to compete with Amazon in the Middle East. The platform has seen notable growth, particularly with investments from the Saudi Public Investment Fund and Alabbar himself.
He also established Alabbar Enterprises, a holding company that operates a portfolio of luxury retail and food franchises, including Giorgio Armani, Ralph Lauren, and The Cheesecake Factory in the Middle East. These businesses further expand Mohamed Alabbar’s wealth and global influence.
Mohamed Alabbar’s Net Worth as of 2025
As of 2025, Mohamed Alabbar net worth is estimated to be around $6 billion. His wealth comes mainly from:
- His leadership and stake in Emaar Properties, one of the most profitable real estate developers in the world.
- His ownership and investments in Noon.com, which has seen massive growth in online shopping across the Middle East.
- His interests are in hospitality, luxury retail, and private equity through Alabbar Enterprises.
Alabbar’s diversified investments and consistent growth of his ventures have contributed to making him one of the richest businessmen in the Middle East.
Awards and Recognition
Mohamed Alabbar’s contributions to real estate and commerce have earned him several prestigious awards:
- Lifetime Achievement Award at the Arabian Business Awards
- Recognized in Forbes Middle East’s list of the most powerful Arabs
- Multiple global real estate awards for his landmark developments
He is also known for mentoring young entrepreneurs and inspiring business innovation in the Arab world.
Mohamed Alabbar’s Personal Life
Mohamed Alabbar prefers not to disclose details about his private affairs; however, he does so with regard to family, showing that he is highly family-oriented. Out of all the places he travels to because of his work, he always looks forward to returning to Dubai.
For this reason, he has a lot of communities and has a great impact on philanthropic projects. He funded numerous charity initiatives as well as construction projects, mostly concentrating on education, empowerment of youth, and urban areas.
Mohamed Alabbar on Social Media
Although he does not garner as much media attention as celebrities do, Alabbar can be found on the following social media platforms:
- LinkedIn: Here, he posts about business and leadership as well as sharing insights from his own business ventures.
- Twitter/X: Occasionally tweets his opinions and updates regarding his other ongoing projects.
اختبر الفخامة في أدرس جراند مع إطلالات خلابة على البحر وبرج خليفة وأفق المدينة! على بُعد مسافة قصيرة سيرًا على الأقدام من دبي مول، برج خليفة، دار دبي للأوبرا، نافورة دبي، ومركز دبي المالي العالمي، حيث تنتظركم أرقى تجارب الطعام والترفيه!
Experience luxury at Address Grand with… pic.twitter.com/uCCClfCEem
— Mohamed Ali Alabbar محمد علي العبار (@mohamed_alabbar) March 4, 2025
- Instagram: Uses the platform more for business and shares sneak peeks of photos and videos from meetings and public engagements.
View this post on Instagram
These are the platforms he uses to meet and interact with other businesspeople to motivate students aspiring to become businesspeople around the world.
Conclusion
Mohamed Alabbar net worth showcases the conviction, creativity and brilliance that Alabbar possesses. His story of allegedly starting from apparently having zero dollars in his accounts and allegedly amassing a multi billion dollar business empire is inspirational on its own.
In conjunction with Emaar Properties and noon.com, Alabbar has not only changed the concrete buildings in Dubai but also changed the culture of doing business in the Middle East.
