Emaar Properties is a leading property investment company in the United Arab Emirates. It was founded in 1997 and is a public limited company listed on the Dubai Stock Exchange. It is also headquartered in Dubai.
The founder and chairman of Emaar Properties is Mohamed Alabbar. His vision was to transform Dubai into a global centre for trade, tourism and investment. Under his leadership, Emaar became a leading developer with projects that transformed the urban landscape, including Burj Khalifa and Dubai Mall. Amit Jain has been the head of Emaar's association since 2016. He has brought a strategy of global growth and new technology development to the organisation.
Emaar Properties actively supports environmental sustainability, social wellbeing, conservation and the creation of long-term value for all stakeholders. Emaar Properties recognises its key role in shaping the urbanised environment and focuses on resource efficiency, waste management and responsible sourcing. The developer actively promotes environmental responsibility through various initiatives aimed at reducing environmental impact.
The company endeavours to support its employees, customers, communities and suppliers by providing them with new values. This includes programmes aimed at improving quality of life, creating healthy and active communities, and promoting equality and inclusion.
The developer bases its operations on transparency, integrity and responsibility. The developer adheres to global standards of corporate governance, ensuring ethical business conduct, anti-corruption and anti-bribery, legal and human rights compliance.
Emaar Properties is known for its landmark projects that have become symbols of Dubai. Burj Khalifa is the tallest building in the world at 828 m. The Dubai Mall is one of the largest shopping centres in the world, with a wide range of boutiques and entertainment venues, and Emaar was also involved in the development of the Dubai Marina, a modern residential and commercial district with a 3 km long artificial canal.
Emaar Properties continues to expand its presence in the Dubai property market with a number of projects in various stages of construction, such as Fairway Villas 3 at Emaar South — the third phase of the Fairway Villas development with 4 and 5 bedroom villas. This property by Emaar Properties ranges in size from 3605 sqft (335 m²) to 5381 sqft (500 m²). On-site amenities include an 18-hole golf course, community centre, park, adult and children's swimming pools, children's playground, gym and jogging tracks.
Parkland at Dubai Hills Estate offers 1, 2 and 3-bedroom apartments by Emaar Properties, ranging from 742 sqft (69 m²) to 1840 sqft (171 m²). In-house amenities include outdoor and indoor fitness facilities, separate swimming pools for adults and children, dedicated children's play areas, a paddling court and barbecue facilities. Construction is expected to be completed in 2028.
The Clearpoint project at Rashid Yachts & Marina includes 1-3 bedroom apartments by Emaar Properties and 3-bedroom duplexes. The minimum size of the property is 764 sqft (71 m²). The layout includes spacious living areas, open-plan kitchens with fitted wardrobes, bathrooms, cloakrooms and balconies. Residents of these properties in Dubai will have access to a marina, restaurants and shops, as well as sports fields, a public park and various recreational facilities.
Although Emaar Properties' main operations are centred in Dubai, the developer still has projects underway in other emirates including Abu Dhabi and Sharjah. In these regions, Emaar offers a variety of residential and commercial property options. It has also expanded into international markets such as Egypt, India, Saudi Arabia, Turkey and Pakistan. For instance, in Egypt, the company is working on Uptown Cairo and in Pakistan, it is working on Crescent Bay in Karachi.
Emaar Properties has earned many awards in the field of property development. The most significant ones are: In 2006, Emaar was named the best company in the real estate sector at the Arabian Business Awards and won awards in the categories of best property developer in the UAE and best residential property developer in the UAE at the Euromoney Gulf Real Estate Awards; in 2007, the company was recognised for its commitment to quality and service excellence at the Dubai Quality Award and their Burj Khalifa project was named the most technologically advanced property at the RealComm Digie Awards; in 2008, the company was named the best property developer in the Middle East and North Africa at the Euromoney Real Estate Awards; in 2017, the company was awarded ‘Developer of the Year’ in the residential category at the Realty Plus Conclave and Excellence Awards; and in 2023, the company was ranked among the Top 10 Best Brokers by Sobha Realty at the Sobha Broker Awards.
Emaar Properties has seen impressive growth and financial achievements in 2024, with the company achieving record sales of AED 70 billion ($19 billion) in 2024, an increase of 72% year-on-year. Total revenue was AED 35.5 billion ($9.6 billion), up 33% from 2023. Net income (attributable to shareholders) was AED 13.5 billion ($3.7 billion).
Given its current achievements and strategic initiatives, Emaar Properties is set to continue its positive momentum in 2025. The company plans to expand its project portfolio, strengthen its position in key markets, and is committed to sustainable growth and enhancing shareholder value.
Emaar The Oasis
