51 / 54
About First Dubai and Al Mazaya
Al Mazaya Holding Co.
Headquartered in Kuwait, Mazaya is considered one of the most distinguished real estate development companies to position itself in the
Middle East market. Mazaya, with a capital of $160 million came about through a high investment idea and prevailed in creating and
maintaining trust of big investors in the Kuwaiti market and abroad. Mazaya has grown tremendously to be a prosperous public company
operating on both the Kuwait Stock Exchange and the Dubai Financial Market.
Mazaya provides various comprehensive real estate products and services in numerous fields. Amongst them are housing projects such
as deluxe villas and high class residential buildings and commercial projects such as office and retail buildings. Mazaya also handles the
purchasing and apportionment as well as the development of large spaces in selected areas.
First Dubai Real Estate Development K.S.C.C.
First Dubai for Real Estate Development Co. is a subsidiary of Al Mazaya Holding Co. It was established in 2003 and has currently a working
capital of $360 million.
First Dubai is a Kuwaiti Shareholding Closed Co. and operates in the development and investment of real estate in Kuwait and the United
Arab Emirates. First Dubai works in a number of sectors including the sale, purchase and ownership of land, as well as its development. The
company is listed in the Kuwait Stock Exchange and soon to come in the Dubai Financial Market.
47 | About First Dubai and Al Mazaya