Mohamed Alabbar Biography: Age, Wife, Net Worth, Children, Height, Parents, Business, Properties

Mohamed Ali Alabbar is an Emirati billionaire businessman, best known as the founder and chairman of Emaar Properties, the developer behind iconic projects like the Burj Khalifa and Dubai Mall.

He transformed Dubai’s skyline, driving its evolution into a global economic hub.

Alabbar also founded Noon, a leading Middle Eastern e-commerce platform, in 2017, and serves as managing director of Eagle Hills, delivering luxury real estate across 15 countries.

His strategic vision earned him roles as chairman of Dubai’s Economic Development Committee and a seat on its Executive Council.

Profile

• Full Name: Mohamed Ali Alabbar
• Stage Name: Mohamed Alabbar
• Born: 8 November, 1956
• Age: 68 years old
• Birthplace: Dubai, United Arab Emirates
• Nationality: Emirati
• Occupation: Businessman, Founder of Emaar Properties, Chairman of Noon
• Height: Unknown
• Parents: Ali Alabbar
• Siblings: Unknown
• Spouse: Unknown
• Children: Salama Alabbar
• Relationship: Married
• Net Worth: $2.7 billion

Early Life and Education

Mohamed Ali Alabbar was born on November 8, 1956, in Dubai, then part of the Trucial States, to Ali Alabbar, a traditional dhow captain, and an unnamed mother.

Growing up in Rashidiya, one of Dubai’s oldest neighborhoods, in a modest barasti house as the eldest of 12 siblings, Alabbar was shaped by his father’s hard work and early financial struggles.

He attended primary school in Dubai and, at age 16, secured a government scholarship to study in the United States.

Alabbar graduated from Seattle University in 1978 with a degree in Business Administration and Economics, gaining exposure to global markets.

He is of Emirati ethnicity and practices Islam as his religion.

Career

Mohamed Alabbar began his career in 1978 at the Central Bank of the UAE, gaining financial expertise.

By 1992, he was appointed director of Dubai’s Department of Economic Development, forging close ties with Sheikh Mohammed bin Rashid Al Maktoum, Dubai’s ruler.

In 1997, Alabbar founded Emaar Properties, leading it to become one of the Middle East’s largest developers.

Under his leadership, Emaar delivered the Burj Khalifa, the world’s tallest building at 829.8 meters, opened in 2010, and the Dubai Mall, the world’s largest shopping destination with 1,200 stores, opened in 2008.

Emaar’s portfolio spans residential, commercial, and hospitality projects, including Dubai Marina and Arabian Ranches, with a 2023 market capitalization of $9.6 billion per Dubai Financial Market data.

In 2016, Alabbar launched Eagle Hills, a luxury real estate firm operating in 15 countries, with projects like Belgrade Waterfront in Serbia and Marsa Al Arab in the UAE.

In 2017, he founded Noon, an e-commerce platform backed by $1 billion from Saudi Arabia’s Public Investment Fund and other investors, competing with Amazon and Souq.

By 2023, Noon achieved a $2 billion valuation, processing 300,000 daily orders across the UAE, Saudi Arabia, and Egypt.

Alabbar’s acquisition of Namshi in 2017 and partnerships with Tencent and LVMH for Noon’s luxury vertical strengthened its market position.

He also chairs Americana Restaurants, overseeing 2,435 outlets of brands like KFC and Pizza Hut across 12 countries, valued at $1.8 billion post-2022 IPO.

Alabbar’s government roles include advising on Dubai’s economic strategy and serving on its Executive Council.

His influence earned him a spot on Arabian Business’s 100 Most Powerful Arabs list in 2023.

Emaar’s 2024 initiatives, like the Burj Al Arab Views project, reflect his focus on sustainable urban development.

Posts on X highlight his role in Dubai’s 2040 Urban Master Plan, crediting him for visionary projects.

Alabbar’s philanthropy through Emaar Foundation supports education, with 20 schools built in rural areas, and cultural preservation via Dubai Opera.

His leadership continues to shape the UAE’s global economic standing.

Social Media

• Instagram Handle: @mohamed_alabbar
• Facebook Handle: Mohamed Alabbar
• Twitter Handle: @MohamedAlabbar

Personal Life

Mohamed Alabbar is married, though his spouse’s identity remains private, and has five children, including daughter Salama Alabbar, who serves as deputy managing director at Emaar.

Residing in Dubai, he maintains a low-profile personal life, focusing on family and business.

Known for his disciplined work ethic, Alabbar rises early and prioritizes fitness, often seen jogging in Dubai Marina.

Net Worth

Mohamed Alabbar has a net worth of $2.7 billion USD, per Forbes Middle East’s 2025 billionaire list, ranking him among the UAE’s top 10 wealthiest individuals.

His wealth primarily stems from his stake in Emaar Properties, valued at $9.6 billion in 2023, and his ownership in Noon, valued at $2 billion.

Additional income comes from Eagle Hills’ global projects and Americana Restaurants’ $1.8 billion market value post-IPO.