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About Lootah Real Estate Development

Since its inception, Lootah Real Estate Development has acted as the pioneering real estate development arm of Lootah Holding. Through a culture of excellence and an unswerving commitment to provide the very highest standards of living, Lootah Real Estate Development’s employees have not only achieved, but exceeded, the most ambitious of goals. Already over 1,000 units have been delivered to satisfied occupants, with many more planned for the future.

Lootah Real Estate Development successfully launched Ewan Residences in Dubai Investments Park and Shamal Terraces in Jumeirah Village Circle. Ewan Residences, comprises 83 buildings with up to 12 apartments in each block. The apartment blocks have been designed in a unique manner to make them suitable to own or rent. Ewan Residences is a secure, gated community with beautifully landscaped gardens, a state-of-the-art recreation centre, swimming pools, jogging tracks, and community facilities that include a shopping centre and play areas for children throughout the community.

Recently, Lootah Real Estate Development handed over its new freehold project to numerous proud buyers. The project comprises 259 studios and 1 bed loft apartments. This aesthetically appealing landmark offers a superlative swimming pool, state-of-the-art gymnasium and an invigorating sauna. Winner of the prestigious International Real Estate Award, 2016, Shamal Residences features exceptionally high quality construction, imaginative interior design and a charm and ambiance of its very own.

LRED Vision

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

LRED Mission

  • 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

With comprehensive experience across the board in various capacities within diverse companies ranging from start-ups to leading companies into transformation and expanding into international boundaries, Saleh Abdullah Lootah, an innovative and result-driven leader, is a UAE national and currently holds the following positions:

  • Executive Director of Lootah Real Estate Development, Dubai
  • Managing Director of Al Islami Foods, Dubai
  • Founding Director of Souq Extra LLC, Dubai
  • Chairman of Al Farooj chain of Restaurants, Dubai
  • Chairman of Food & Beverage Manufacturing Group under Dubai Chamber
  • Board Member of Aman Insurance, Dubai

Graduating with a Master’s degree in Business Administration from USA in addition to attending the General Management Program & Agribusiness from Harvard Business School, Saleh Abdullah Lootah has also been a part of the Leadership program from IMD University.

His passion and drive for excellence has led him to receive various awards IN both the international and regional arena. A major role was his contribution in applying the EFQM (European Foundation for Quality Management) Model of Excellence at Al Islami Foods, which led the company to receive the Dubai Quality Award in 2003, the first ever food company then to win such an award.

As an avid contributor to the Food & Beverage industry, Saleh Lootah has attended the Agribusiness Seminar at Harvard Business School - USA and India in 2004 and 2009 respectively sharing ideas and experiences with various international business leaders.

He is a favorite among the media with his opinion columns appearing regularly in highly- circulated Arabic and English language publications.

He believes in and promotes the right model of halal throughout the whole business spectrum, like doing business with values and doing it with pride thereby contributing to the wellbeing of global society. He endeavors to change the perception of Islam by doing the right things in business thus contributing to bringing a change in society.