EMAAR is a Dubai-based real estate development company that operates globally. Founded in 1997, EMAAR has built numerous high-profile developments including the Burj Khalifa, the world’s tallest building.
EMAAR’s portfolio includes residential, commercial, and leisure properties such as malls, hotels, and resorts. The company has expanded beyond the UAE, with projects in Saudi Arabia, Egypt, Turkey, and other countries.
EMAAR is a publicly traded company (EMAARDEV:DFM) and is listed on the Dubai Financial Market. The company has received numerous awards for its developments, including the Best Real Estate Company in the Middle East award from Forbes.
In addition to its real estate operations, EMAAR has also ventured into other industries such as hospitality, retail, and entertainment. The company operates the Armani Hotel Dubai, the Dubai Mall, and the Dubai Aquarium & Underwater Zoo.
EMAAR has a strong commitment to sustainability and has implemented green initiatives in its developments. The company is also involved in various philanthropic efforts, including the EMAAR Foundation, which supports education and healthcare initiatives in underprivileged communities.
2022 Financial Performance:
As a leader in the global real estate market, EMAAR has grown over the years to become the largest real estate developer outside of China. You will be investing with one of the best-regarded brands in the world*.
– 51.8BN AED Market Cap in 2022
– 6.8BN AED Net Profit in 2022
– 85,000+ Residential Units Delivered
EMAAR operates several business units that focus on different areas of the real estate industry as well as other related industries such as hospitality and retail. Here are some of EMAAR’s major business units:
EMAAR Development : This is the core business unit is build-to-sell type of development that handles the development and sale of residential and commercial properties, including luxury apartments, villas, and office buildings. EMAAR Properties has developed some of the most iconic buildings in Dubai, such as the Burj Khalifa and the Dubai Mall. This unit focuses on the development of large-scale master-planned communities, including residential, commercial, and leisure properties.
EMAAR International : EMAAR has several projects underway other countries, such as Turkey, Egypt and Pakistan.
EMAAR Hospitality , Leisure and Entertainment: This unit manages the company’s hospitality assets, which include hotels, resorts, serviced apartments, and restaurants. Some of EMAAR’s hospitality brands include the Address Hotels + Resorts, Vida Hotels and Resorts, and Rove Hotels. Emaar Entertainment unit operates entertainment attractions such as the Dubai Aquarium & Underwater Zoo, VR Park, and KidZania. EMAAR Entertainment also manages cinemas and other leisure destinations.
EMAAR Malls: This unit owns and operates shopping malls, including the Dubai Mall, one of the largest shopping malls in the world. EMAAR Malls also manages other retail and entertainment destinations such as Dubai Marina Mall and Souk Al Bahar.
Overall, EMAAR’s business units work together to create integrated and sustainable communities that offer a range of residential, commercial, hospitality, and leisure options for residents and visitors alike.
