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The Power 100 Property Leaders 2026

The Power 100 Property Leaders 2026
Date:
Jul. 21, 2026
Elie Naaman

Elie Naaman

Co-Founder and CEO
Category:Outstanding Developers
Company:Ellington Properties
Residence:UAE

Ellington Properties is Dubai's leading design-led real estate developer, dedicated to crafting architecturally distinctive homes and communities that elevate everyday living. Renowned for its customer-centric approach, Ellington Properties delivers thoughtfully designed residences that combine exceptional craftsmanship, timeless architecture and curated lifestyle experiences.

The company's diverse portfolio includes award-winning projects across Dubai and Ras Al Khaimah, such as Ocean House in Palm Jumeirah, Ellington House in Dubai Hills Estate, and One River Point in Business Bay. Through a commitment to innovation, quality and design excellence, Ellington Properties continues to set new benchmarks for contemporary living in the UAE.

Elie Naaman – Co-Founder And Chief Executive Officer of Ellington PropertiesElie Naaman – Co-Founder And Chief Executive Officer of Ellington Properties

Elie Naaman is the CEO and Co-Founder of Ellington Properties, with over two decades of experience spanning hospitality, real estate, architecture and design. His career bridges these industries, bringing together strategic insight and creative intuition to shape a new standard of contemporary living in the UAE. Drawing on his hospitality background, Elie has developed a deep understanding of how thoughtfully designed environments can elevate everyday living, an ethos that continues to define Ellington Properties' approach to every development.

Elie leads the company's strategic direction, development pipeline and expansion across residential, hospitality and commercial real estate. His leadership is rooted in a people-first philosophy, a deep respect for architectural integrity and a strong belief in cross-disciplinary collaboration.

He fosters a culture of openness and shared vision across all aspects of the organisation, ensuring every project reflects Ellington's core values of design excellence, creativity and long-term value. Today, Ellington is recognised for crafting lifestyle-driven communities that are carefully curated, future-ready and designed to inspire.

Over the past 11 years, Elie has contributed to one of Ellington Properties' most accelerated growth phases to date, marked by strategic expansion, product diversification and consistent delivery. The company launched 11 developments across Dubai and Ras Al Khaimah, including its first hospitality-led concept, while also entering the commercial real estate sector with its first Grade A office building. Under his leadership, five developments achieved Class A "Excellent" certification from Land Sterling, reinforcing Ellington's commitment to quality and execution.

Ellington was also recognised as a strategic partner by the Dubai Land Department and received five International Property Awards across architecture and development categories, further validating its design-led positioning in the market.

During the same period, Elie oversaw the successful delivery of multiple residential developments, including Ellington House I and II, Kensington Waters, Berkeley Place and Arbor View, marking the company's entry into Arjan and expanding its footprint across established and emerging communities. The company also recorded strong sales performance in 2025 and anticipates continued growth in 2026 through strategic expansion, new market entries and innovative offerings such as its guaranteed rental return programme, providing up to 35% returns over five years.

Complementing Ellington's growth, Elie has also helped strengthen the company's broader commitment to innovation, sustainability and social impact. The company pledged AED 5 million to support the UAE's "Edge of Life" campaign under Mohammed Bin Rashid Al Maktoum Global Initiatives, demonstrating a strong commitment to social impact. In parallel, Ellington supported initiatives such as "A Community Through Her" in collaboration with Friends of Cancer Patients, and contributed to the Hands-On Real Estate Diploma launched by Dubai Land Department and the Higher Colleges of Technology, focused on empowering UAE nationals.