Developer of the Month October 2024: Emaar
Each month, we highlight the developers in the UAE who have made a mark in the real estate landscape through their innovations. This month, we will be looking at a brand whose name is synonymous with masterpieces greater than life – Emaar Properties. Besides being the creative genius behind iconic developments like Dubai Marina, Burj Khalifa, Dubai Mall and more, the real estate brand is admired worldwide for its projects across different sectors, including retail, hospitality and leisure.
Let’s trace the story of Emaar and their biggest projects to date.
About Emaar
Emaar Properties, or Emaar, was founded in 1997 by chairman Mohamed Alabbar, an Emirati entrepreneur. After being listed as a public company in 2000, they announced plans to develop Dubai Marina. After this, they developed Downtown Dubai with the Burj Khalifa, Dubai Mall and Address BLVD, shaping the city we know today.
Emaar has various projects outside the UAE under Emaar International LLC., established in 2004. The list of subsidiaries includes:
- Emaar Pakistan
- Emaar India
- Emaar Hospitality
- Emaar Malls
- Emaar Hotels & Resorts
- Emaar Retail
- Emaar Community Management
- Emaar Technologies
- Emaar Industries and Investment
- OBC El-Wigh Dubai
- OBC El-Wigh India
- Amlak Finance
- Emaar Investment Holdings
- Hamptons International
Emaar has helped bag several wins for Dubai. These include:
- Guinness World Record for the most-watched New Year’s Eve Celebration in 2015.
- The world’s highest observation deck – At the Top Burj Khalifa.
- And, of course, the tallest building in the world – Burj Khalifa.
Emaar developments and projects
Emaar has recreational spaces, leisure venues, retail spaces, residences and communities under its wing. Emaar’s most iconic projects in Dubai include the Burj Khalifa, Emaar South, Dubai Creek Harbour, Arabian Ranches, Dubai Fountain, Dubai Opera Fountain, Dubai Hills Estate and more.
But it doesn’t stop here. Emaar has several upcoming projects ready to add colour to this vibrant city. Some of their anticipated projects include:
- The Altus
- Address Residences
- Ocean Cove
- Parkland
- The Valley Phase 2
- Sunridge at Rashid Yachts & Marina
To conclude, Emaar Properties is a pioneer in creating world-class developments in the city. They are certainly an inspiration for timeless spaces. Each Emaar project places human interactions and bonding at the centre. Be it residential spaces, offering comfort beyond the ordinary or commercial spaces for making memories, Emaar has paved the way!
Frequently Asked Questions
How can I contact Emaar Properties?
You can contact Emaar at +971-4-366-1688 and 800-36227 if you’re in the UAE.
Who is the owner of Emaar?
Mohamed Alabbar founded Emaar. Currently, the government of Dubai owns a majority of the company. Alabbar stepped down as Chairman and is now the Managing Director.
What upcoming projects can we expect from Emaar?
Some exciting projects in Emaar’s pipeline include The Valley Phase 2, The Heights Country Club & Wellness, The Oasis, Grand Club Resort by Emaar and many more!
What are some of Emaar’s most notable recent projects?
Emaar’s notable recent projects include Majestic Vistas at Dubai Hills, Burj Crown and Palace Residences, which was handed over in 2022.
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