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About Lootah Real Estate Development

  • Since its inception in 2002, Lootah Real Estate Development has acted as the pioneering real estate development arm of Lootah Holding.
  • Lootah Holding leads ventures across key industries: from Construction to Real Estate; Energy to Financial Services; Logistics to FMCG, among several others.
  • The entrepreneurial culture of Lootah Holding has been the catalyst that brought home-grown businesses to the global scene.
  • Lootah Real Estate Development has positioned itself as the leader of innovation in the real estate development sector, and accordingly became the lifestyle developer of choice within the region recognised for creating modern communities.
  • LRED’s mission is to provide our clients with the highest standards of living to ensure their satisfaction. The company aims to reach excellence by continuously improving and upgrading its services in property management and ultimately grow as a regional player by leveraging existing expertise and capabilities.
  • LRED has delivered several state-of-the-art residential and commercial properties in the UAE market, these projects speak for themselves on the quality and excellence levels.
  • LRED’s target audience is anyone who is looking for innovation and luxury in a living space without missing on affordability.
  • LRED properties are all conveniently located in accessible areas across the city and offer everything from studios to one & two bedroom apartments and of course townhouses making sure that they cater to all segments whether individuals, young couple or larger families.
  • Sustainable construction remains a top priority for LRED, whether through using sustainable materials or the proper management of waste, sealants and coatings the company ensures all its properties are built according to the highest standards of quality and sustainability.

LRED Mission

To be the pioneer and catalyst for innovation and wellbeing in real estate in the UAE and beyond.

LRED Vision

  • Providing superior sustainable returns for shareholders.
  • Developing communities with high standards.
  • Encouraging collaboration amongst our peers to advance the industry.
  • Building a team of highly talented and engaged people.
  • Respecting the environment, people and planet.
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Mr Saleh Saeed Lootah

Chairman
Lootah Real Estate Development

Saleh Saeed Lootah is the Chairman of Lootah Holding, one of the UAE’s leading conglomerates with diversified interests in Construction, Real Estate, Energy, Logistics, Finance, Insurance, Hospitality, Education and Healthcare. In addition to overseeing the Group’s activities, Saleh holds a number of important positions including:

In addition to overseeing the Group’s activities, Saleh holds a number of important positions including:

  • Member of the Executive Committee of the Dubai Economic Council
  • Vice Chairman of the Board of Directors and Chairman of the Audit Committee of Awqaf & Minors Affairs Foundation
  • Board member of Directors of United Holding LLC
  • Board member of Directors of Amlak Finance PJSC
  • Board member of Directors of Taaleem
  • Board member of Trustees of Dubai Medical College for Girls
  • Board member of Directors of Amlak International, KSA

He has also served as member of the Board of Directors of Dubai Islamic Bank for a period of five years from 2006 to 2011 during which he chaired the Board Credit Committee.

Saleh commenced as Chairman of Lootah Real Estate Development in 2002 in order to fulfill the board’s vision of improving lifestyles by creating modern communities with contemporary design and premium quality.

Saleh is a graduate of Islamic Banking from the Islamic School for Training & Education, Dubai and an alumnus of IMD Switzerland and Harvard Business School.

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Mr Saleh Abdullah Lootah

Executive Director
Lootah Real Estate Development

In a business career that spans more than two decades, Saleh Abdulla Lootah has executed strategic decisions across properties, food and beverage, Islamic finance, and insurance corporations across the globe.

Saleh Abdullah Lootah is the Founding Director of Souq Extra LLC and the Executive Director and a Board Member of Lootah Real Estate Development. He has full responsibility for some of the UAE’s most prestigious and influential organisations; He currently holds the following positions:

  • Chairman of the Food & Beverage Manufacturing Group
  • Managing Director of Al Islami Foods
  • Executive Director and Board Member of Centre Point
  • Executive Director and Board Member of Lootah Capital
  • Chairman of Al Farooj chain of restaurants
  • Board Member of AMAN Insurance

His passion and drive for excellence has led him to receive various awards at a both regional and international level. He contributed extensively in applying the EFQM (European Foundation for Quality Management) Model of Excellence at Al Islami Foods, which led it to become the recipient of the Dubai Quality Award in 2003 (the first food company to win such an award).

As an avid contributor to the Food & Beverage industry, Saleh Abdullah Lootah was part of the Agribusiness Seminar at Harvard Business School in USA and India in 2004 and 2009 respectively, sharing ideas and experiences with various international business leaders. He is well sought after by the media with his opinion columns appearing regularly in highly circulated Arabic and English language publications.

In addition to his business leadership, Saleh Abdullah Lootah continues to play a leading role in advocating the execution of Agribusiness with values and pride; this contributes to the well-being of global society. He also endeavours to change the perception of Islam by doing business the right way and contributing to change in society.

Born and raised in the UAE, Saleh Abdullah Lootah received his Bachelor’s degree from California State University and a General Management Program from Harvard Business School. He is married to Asma Ali Alechla and is the father of six children

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