Sorouh Real Estate Sorouh Real Estate is Abu Dhabi second-largest property developer , and has benefited from the government decision in 2005 to allow foreigners buy for the first time.
The master developer is also launching a unit in Dubai that it will use to make overseas acquisitions and is setting up companies in Egypt and Morocco to start commercial , residential and lodging construction projects.
Sorouh Real Estate was established in June 2005 with the purpose of developing real estate projects in Abu Dhabi with a vision of turning the emirate into a major destination.
Sorouh listed its shares on the Abu Dhabi Securities Market in December 2005 and raised USD 374 million for 55% of the company's equity.