2020 CW Power 100: Meydan Group's Saeed Al Tayer at No. 30
Meydan Group is best known for its flagship megadevelopment – the 4.3km2 Mohammed Bin Rashid Al Maktoum City
Meydan Group – a leading player in the region’s real estate, property investment, development, and management sectors – was established by UAE Vice President, Prime Minister, and Ruler of Dubai, HH Sheikh Mohammed Bin Rashid Al Maktoum.
Led by Saeed Humaid Al Tayer, the chairman of the board and chief executive officer, Meydan Group is best known for its flagship megadevelopment project – the 4.3km2 Mohammed Bin Rashid Al Maktoum City.
The group’s real estate portfolio also includes the Meydan One mall, which will include a 12,000m2 Winter Village and a 1km ski slope; a 25,800m2 water fountain; a 46,000m2 entertainment experience; a 13,200m2 hypermarket, and other amenities.
Meydan Group’s Mohammed Bin Rashid Al Maktoum City – District One – which comprises apartment buildings, gated communities, villas, and mansions – launched its ORB Tower in March 2020.
In October 2019, a ready-unit villa in Mohammed Bin Rashid Al Maktoum City – District One was purchased for $24.5m (AED90m), making it the costliest home purchase in 2019.
To view the full 2020 Construction Week Power 100 ranking, click here.