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Nine Development

Nine Developments is a Dubai real estate company building residential projects in Nad Al Sheba and Meydan. Its main project, One by Nine, offers studio, one-bedroom, and two-bedroom apartments starting from AED 1,550,000, with handover expected in Q2 2026.

Founded in 2024
Performance Metrics
1
Under Development
2
Years of experience

Nine Developments Dubai Overview

There is a quiet confidence to how Nine Developments operates in Dubai. The company does not chase attention the way some developers do, yet anyone paying close attention to Nad Al Sheba over the past year has probably come across their name more than once. 

Nine Developments Dubai has been steadily building a reputation for delivering apartments that feel considered rather than rushed, and that alone sets them apart in a market crowded with off-plan announcements.

If you have been researching Nine Developments off-plan projects or trying to figure out who actually stands behind the brand, this article should answer most of what you are looking for.

One by Nine project by Nine Developments in Meydan Dubai area

Nine Developments Leadership Team

A lot of buyers ask the same question first. Who is the Nine Developments owner, and who is running the company day to day. The answer is not a single celebrity founder or one name splashed across billboards.

Nine Developments, registered formally as Nine Asset Developments LLC, is led by a small group of directors who each bring something different to the table.

Irfan Khalid serves as managing director and is generally the face associated with the company’s strategic direction. When people search for the Nine Developments CEO, his name tends to come up, though the company itself operates more as a partnership than a one man show. 

Fahd Amer Abbasi co-founded the business and focuses heavily on design and product decisions, while Habib Zubair rounds out the leadership with a strong interest in environmental responsibility and community planning.

The office sits on Sheikh Zayed Road, and the wider business group behind Nine Asset Developments LLC has interests beyond real estate, including commodities and consulting work. That kind of financial backing tends to matter more to buyers than they initially realize, since it often means fewer delays and a steadier construction timeline.

Shared amenities and landscaped gardens at One by Nine residential complex

Nine Developments Projects 

Rather than spreading itself thin across every corner of Dubai, the company has chosen to concentrate almost entirely on Nad Al Sheba and the surrounding Meydan area. That decision seems deliberate. Off-plan projects in Nad Al Sheba have picked up noticeably in the last couple of years, and Nine Developments got in relatively early.

Their approach to design leans toward practical luxury. Smart home features, efficient layouts, and amenity packages that go beyond the standard pool and gym combination show up consistently across Nine property listings.

The company also keeps facilities management in house after handover, which is not something every developer bothers to do, and it tends to keep buildings in better shape years down the line.

One by Nine, the Flagship Project

One by Nine is the clearest example of what NINE properties are trying to achieve. It sits in Meydan City, within Nad Al Sheba 1, close to Ras Al Khor Road and the Dubai to Al Ain Road corridor.

The development covers just over 47,000 square feet and includes 47 units in total, split between studios, one bedroom, and two bedroom apartments. Studios start around 563 square feet, one bedroom units around 736 square feet, and two bedroom apartments come in near 1,069 square feet. Pricing begins at AED 1,550,000, which is fairly competitive given the location.

The payment structure is worth paying attention to as well. Buyers put down 10 percent at booking, followed by 5 percent after thirty days and another 5 percent after sixty days. Twenty percent is due on handover, which is currently projected for the second quarter of 2026, and the remaining balance is spread across a two and a half year post handover plan at 1 percent per month.

For anyone weighing rental returns, Meydan and Nad Al Sheba have generally performed above the Dubai average, with yields often landing somewhere between 6 and 8 percent. Location plays a big part in that. Downtown Dubai and Burj Khalifa are around nine minutes away, the Meydan Racecourse is roughly eight minutes out, and Dubai International Airport can be reached in about 15 minutes.

green building in Nine Developments projects

Nine Developments Sustainability

The company talks a fair amount about building with the environment in mind, and to their credit, it does not seem purely for marketing purposes.

Smart home systems reduce unnecessary energy use, and the emphasis on green spaces within the development, gardens, seating areas, and shared outdoor amenities, points to a broader intention of making the buildings livable rather than just profitable.

Habib Zubair has spoken specifically about sustainability being central to how the company approaches new projects, and it shows in the small details more than in any grand statement.

Exterior view of Nine Developments residential complex in Meydan Dubai

Conclusion

With One by Nine progressing toward its 2026 handover, the company is moving from being a relatively new name to one with an actual delivery record, which matters far more in this industry than early promises ever do.

Their continued focus on Nad Al Sheba suggests they intend to keep building where they already have a foothold rather than diversifying too quickly.

For buyers connected through Nine Village Real Estate or other sales channels representing the brand, requesting the One by Nine brochure directly from the developer or through a licensed agent is usually the fastest way to get accurate floor plans and updated pricing.

Message Kotook on WhatsApp for free consultation before you commit to anything.

The company is led by a group of directors rather than a single owner, with Irfan Khalid as Managing Director and Fahd Amer Abbasi and Habib Zubair as co-founding directors.