Summary
Mohammed Alabbar’s central message was that landmark development is only valuable when it creates everyday life around it: public spaces, services, maintenance, cultural programming, and community trust. Responding to Nadine Hani’s opening question about Burj Khalifa and the role of landmarks, he said landmarks matter because they express national pride, engineering ambition, and a city’s desire to be recognized through something people can gather around and identify with. But he quickly shifted the emphasis away from selling real estate units, describing the “one bedroom, two bedroom, three bedroom” business as boring. The real work, he argued, is to act like a conductor bringing different instruments together into a coherent experience that can make a place feel alive.
On livability and lasting value, Alabbar grounded his answer in humility toward the communities where developers work. Because his companies operate across about 20 countries and build sites of 5 million, 6 million, and now 10 million square meters, he said each place requires listening, respect for local needs, respect for the environment, and attention to economic impact. He emphasized that development should create jobs and uplift the business community directly and indirectly. He also gave very practical advice: do not be “a cheapen”; invest in sidewalks, parks, and long-term maintenance. He framed homebuying as a family’s most important lifetime purchase and argued that a developer’s responsibility continues after the sale, including maintaining and caring for the community years later.
When asked how to reconcile shareholder returns with beautiful public spaces, Alabbar acknowledged that both public and private companies face KPIs, audit committees, and pressure for returns. His answer was not to reject returns, but to manage risk, read markets carefully, control debt levels, and hire and retain strong people. He then contrasted greenfield development with culturally and naturally sensitive places such as Al Ain, saying the same principle applies: respect the community, regulation, local authorities, and the specific delicacy of the place. His Belgrade example showed how early activation can build goodwill before sales: cleaning old ships from a riverside, adding a 1.5 kilometer bicycle, walking and running route, playgrounds, landscaping, containers for F&B, and opening it to the public. He linked that broader “orchestra” of art, music, food, wellness, sidewalks, trees, and lighting to a price move from about €1,600–€1,700 per square meter to €6,000 per square meter over roughly nine years.
In the technology section, Alabbar treated AI and technology as unavoidable tools rather than decorative features. He agreed they can enhance performance, make teams smarter, and improve efficiency, but stressed that they should increase livability rather than exist for their own sake. His Maldives project example focused on water systems: with technology connecting air-conditioning condensation, purification, showers, sinks, and reuse, he said they might not need to build a desalination plant. For him, the promise of AI was its ability to penetrate knowledge, summarize solutions, and support better environmental and operational decisions inside real development projects.
Key Topics
5 key topics from Nadine Hani and Mohammed Alabbar at LIVEX | Main Stage. Thicker branches were mentioned more often in the talk.
Key Takeaways
- Listen to local communities before defining a development plan.
- Invest in sidewalks, parks, maintenance, and everyday public life.
- Activate places publicly before selling homes or apartments.
- Balance returns through risk discipline, debt control, and strong teams.
- Use AI to improve livability, efficiency, and environmental systems.
“This is not the business, but the business is how to create life.”
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Opening keynote
Mohamed Ali Al Shorafa