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EMAAR

EMAAR Properties announced revenue of $5.1bn (AED18.9bn) for the first nine months of the year (2022). The Dubai Developer had successfully launched many projects both in the UAE and international markets.

Led by new project launches and continued focus on sale of units in under-construction projects, EMAAR has recorded highest ever group property sales of $7.3b (AED26.9 billion) during 9 months in 2022.

DownTown Dubai, UAE – photo credit to the owner –

Emaar has established its brand as the ‘pioneer for master planned communities’  and has also kept a good track record of creating superior quality homes and establishments. Being the group that built the world’s tallest tower Burj Khalifa, Emaar has gained popularity not only in the United Arab Emirates (UAE) but also in different parts of the world.

Forbes Declared Emaar Properties Top Of The List With $ 34 Billion Assets (2021 Forbes Issue) and In 50 Best Real Estate Developers In UAE. Emaar Properties is one of the GCC’s largest and most profitable real estate firms in terms of assets.

WHO is EMAAR?

Emaar Properties was founded by Mohamed Ali Rashed Al-Abbar on June 23, 1997 and is headquartered in Dubai, United Arab Emirates.

Emaar Properties (Emaar Developments or simply Emaar) is an Emirati multinational real estate development company located in the United Arab Emirates. It is a public joint-stock company, listed on the Dubai Financial Market, and has a valuation of US$15.5 billion as of June 2021. With six business segments and 60 active companies, Emaar has collective presence in 36 markets across the Middle EastNorth AfricaAsiaEurope and North America.

Emaar Properties Dubai is one of the largest real estate developers in the UAE and is known for various large-scale projects such as developing Burj Khalifathe tallest building in the world and The Biggest Mall in the World – Dubai Mall,

Emaar Properties PJSC engages in the development of real estate properties. Its property portfolio includes master-planned communities, shopping malls, hostels and resorts, entertainment, commercial leasing, and industries and investment.

The company operates through the following segments: Real Estate, Leasing & Related Activities, and Hospitality. The Real Estate segment develops and sells condominiums, villas, commercial units and plots and lands.

The Leasing & Related Activities segment develops, leases and manages malls, retail, commercial and residential spaces. Hospitality segment develops, owns and manages hotels, serviced apartments and leisure activities.

Most Iconic Structure and Developments by Emaar in Dubai:

  • Downtown Dubai

Downtown Dubai is the flagship mega-development project of Emaar Properties described as ‘The Centre of Now’. Most known for its iconic structure Burj Khalifa, the world’s tallest building, and Dubai Mall, the world’s largest mall and shopping destination. Tourists and residents also flock the area to see the Dubai Fountain which is tallest performing fountain in the world. Experience Arabesque shopping and dining within the area in Souk Al Bahar. Downtown Dubai is also home to some of the finest hotels in world including Armani Hotel, Vida and Manzil Hotels.

  • Dubai Hills Estate

Live nearby a stunning 18-hole championship golf course at Dubai Hills Estate. Designed to be a city within a city, this 2,700-acre multi-purpose development is sustainable, are especially design to be an integral part of the Mohammed bin Rashid (MBR) City. This development boasts of breathtaking views of the Dubai skyline, surrounded by green parks and gardens, with spacious walkways and open areas. Dubai Hills Estate also offers lucrative investment opportunities with its wide selection of luxury properties like apartments, podium townhouses and luxury villas.

  • Dubai Creek Harbour

Dubai Creek Harbour is the best place to live in to experience the best waterfront lifestyle. Located near the Ras Al Khor Wildlife Sanctuary,  residents and tourists can enjoy a nature-inspired environment, which is home to thousands of migrating birds. With rich culture, optimum amenities and best connectivity to transport links, just a few minute-drive from Downtown Dubai.

  • The Opera District

The Opera District is a superb entertainment and cultural destination within Downtown Dubai famous for its 2000-seat amphitheatre and multi-format events venue which also hosts a number of luxury hotels and residences. With a retail plaza, waterfront promenades, recreational spaces and parks, The premier development which resembles the Sydney Opera House, is a vibrant destination and residential location.

  • Emaar South

Emaar South is a premier development strategically located at the crossroads of Dubai and Abu Dhabi. The area, which also just a few minutes away from the EXPO 2020 site, offers the new concept of tiered townhomes, as well as standalone villas and apartments with golf course views. Emaar South features a wealth of recreational facilities, shopping malls, a resort hotel, as well as a premier community center. The development also offers state-of-the-art facilities and hotels, perfectly providing both the needs and wants of its visitors.

  • Arabian Ranches

Known as one of the best villa communities in all Dubai is this premium desert-themed development called Arabian Ranches. Sprawling 1,650 acres of land, this development features a world-class golf course and luxury homes designed with the best standards. The integrated development features over 4,000 villas and is located near Global Village, an exciting tourism and entertainment destination. The village community is surrounded with retail outlets, cafes and The Hills.

  • Dubai Marina

Dubai Marina is a 50-million square feet waterfront community, which offers the Riviera lifestyle within a modern community. The development is one of Emaar’s first and largest marina developments offering high-rise luxury apartments and villa set at the forefront of magnificent water. The premier location is also home to the best dining, entertainment and leisure facilities, and the Dubai Marina Mall, a vibrant shopping and entertainment destination. A  5-star premium hotel, the Address Dubai Marina, is also an iconic establishment in the area and Marina Plaza for Business Offices.

  • The Greens

is a stylish residential community in Emirates Living. The fully-established neighborhood features a collection of beautifully-designed apartments and villas in the very heart of the city. The community mostly features low-rise apartments along Sheikh Zayed Road.

Other properties Developed by EMAAR are The Springs, Emaar Towers, Umm Al Quwain Mistral, The Hills, Legacy Park, The Views, Reem, The Lakes, The Meadows, and Emirates Hills.

Popular Projects by Emaar Properties

Emaar Properties has a good number of projects for various competencies. Here are just some of the projects that the developer has been popular not only in Dubai but even in different parts of the world.

Malls

  • Gold & Diamond Park
  • The Dubai Mall
  • Dubai Marina Mall
  • Souk Al Bahar
  • The Ranches Souk

Entertainment Destinations

  • Dubai Aquarium & Underwater Zoo
  • Dubai Ice Rink
  • KidZania
  • Reel Cinemas
  • Dubai Opera

Hospitality

  • Address Hotels + Resorts
  • Palace Downtown
  • Vida Hotels and Resorts
  • Manzil Downtown
  • Rove Hotels
  • Emaar Leisure Group
  • Lifestyle Dining
  • Emaar Hotels And Resorts

Special Developments

  • Burj Khalifa – At the Top
  • The Dubai Fountain

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