In 2017, Shaher Moh’d Ali Awartani extended his business footprint beyond the construction sector by co-founding High Point Real Estate LLC in Dubai. The venture brought together some of the UAE’s most prominent institutional figures, including H.E. Yousif Al Otaiba, H.E. Waleed Al Mokarrab Al Muhairi, and Mr. Ahmed Ismail Bashee — a partnership that signaled Awartani’s evolution from infrastructure contractor to cross-sector investor.
High Point Real Estate holds two premium residential assets in Dubai with a combined valuation of over USD 100 million. The portfolio focuses on the luxury segment of the Dubai property market, where sustained demand from international buyers and high-net-worth UAE residents has supported strong long-term values.
Strategic Partnership Architecture
The composition of High Point’s founding partnership is notable. Yousif Al Otaiba serves as the UAE’s Ambassador to the United States, while Waleed Al Mokarrab Al Muhairi is Deputy Group CEO of Abu Dhabi’s Mubadala Investment Company. These affiliations connect the venture to the highest levels of UAE sovereign investment infrastructure.
For Awartani, whose construction business SCCB was already embedded in Abu Dhabi’s development ecosystem, the High Point partnership represented a natural progression — deploying capital into the asset class his company had spent decades building. It also deepened his institutional relationships in ways that would prove valuable across subsequent investment ventures.
Dubai’s Premium Market Dynamics
Dubai’s luxury residential market has demonstrated resilience through multiple economic cycles. Following the disruptions of 2020, the market experienced a pronounced recovery driven by international demand, favorable tax conditions, and the emirate’s growing status as a global relocation destination for high-net-worth individuals. High Point’s portfolio positioning in the premium residential segment aligns with these sustained demand drivers.
Construction Expertise Meets Capital
One distinguishing feature of Awartani’s real estate investment approach is the depth of construction knowledge he brings to asset evaluation. Having overseen USD 1.35 billion in UAE construction projects, his assessment of development quality, structural integrity, and cost-to-value relationships is informed by direct operational experience rather than purely financial analysis.
This technical foundation, combined with the institutional capital and political connectivity of his co-investors, positions High Point Real Estate as a venture with competitive advantages across multiple dimensions — from deal sourcing to property management to eventual exit.