Be Part of Dubai’s Future : From Tallest Skyscraper to Biggest Entertainment and Malls to Beaches and Marinas – EMAAR
Emaar Properties sees Revenue surge amid Real Estate Growth.
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.
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Emaar Properties announced revenue of $5.1bn (AED18.9bn) for the first nine months of the year. 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.
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 East, North Africa, Asia, Europe 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 Khalifa, the 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.