HOME

TheInfoList



OR:

Emaar Properties (or simply Emaar) is an Emirati
real estate development Real estate development, or property development, is a business process, encompassing activities that range from the renovation and re-lease of existing buildings to the purchase of raw Real Estate, land and the sale of developed land or parce ...
company located in the United Arab Emirates. The two largest shareholders are Dubai ruler
Mohammed bin Rashid Al Maktoum Sheikh Mohammed bin Rashid Al Maktoum (; born 15 July 1949) is an Emirati politician and royal who is the current ruler of Dubai, and serves as the Vice President of the United Arab Emirates, vice president and Prime Minister of the United Arab ...
and the UAE's sovereign wealth fund
Investment Corporation of Dubai Investment Corporation of Dubai (, ICD) is the principal investment arm of the Government of Dubai focused on strengthening Dubai’s economy through long-term value and wealth creation and investing in global opportunities. Established in 2006, ...
. It is a
public joint-stock company A joint-stock company (JSC) is a business entity in which shares of the company's capital stock, stock can be bought and sold by shareholders. Each shareholder owns company stock in proportion, evidenced by their share (finance), shares (certifi ...
, listed on the
Dubai Financial Market The Dubai Financial Market (DFM) () is a stock exchange located in Dubai, United Arab Emirates. It was founded on 26 March 2000. Overview , there are 67 companies listed on DFM. Most of them are United Arab Emirates, UAE-based companies and a fe ...
, and has a valuation of US$16.8 billion as of August 2023 against the Net Asset Valuation of US$37.6 billion (AED 138.1B) as of December 2022 based on the valuation of assets done by third party valuer. Emaar has played a pivotal role in shaping the modern skyline of Dubai and has expanded its footprint internationally. Emaar Properties Dubai is one of the largest real estate developers in the UAE and is known for various large-scale projects, such as building
Burj Khalifa The Burj Khalifa (known as the Burj Dubai prior to its inauguration) is a megatall skyscraper in Dubai, United Arab Emirates. With a total height of 829.8 m (2,722 ft, or just over half a mile) and a roof height (excluding the antenna, but inc ...
, the tallest building in the world.


History


1997–2005

Emaar Properties was founded and incorporated in 1997 by chairman Mohamed Alabbar. Emaar has interests in both commercial and residential property development, as well as malls and hospitality. The Dubai government initially owned 100 percent of the company while the founding shareholders held 24.3 percent when operations as a public company commenced after the
IPO An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment ...
in 2000. The following year, Emaar announced plans to build
Dubai Marina Dubai Marina (), also known as Marsa Dubai, is a district in Dubai, United Arab Emirates. It is built around an artificially constructed canal along a stretch of the Persian Gulf shoreline. In 2018 it had a population of 55,052. The district ...
. In 2000, Emaar Properties was listed on the
Dubai Financial Market The Dubai Financial Market (DFM) () is a stock exchange located in Dubai, United Arab Emirates. It was founded on 26 March 2000. Overview , there are 67 companies listed on DFM. Most of them are United Arab Emirates, UAE-based companies and a fe ...
and became the first property company to offer shares to foreign nationals. The first phase of the company's developmental projects began in 2001 when Emaar awarded the contract in a joint venture to build three of the six apartment towers. In 2003, the company revealed its plans for a signature development project, later known as
Downtown Dubai Downtown Dubai or The Dubai Downtown is a large-scale, mixed-use complex in Dubai, United Arab Emirates. It was developed by the Emaar Properties, Emaar real estate development company. Before 2000, this area was called ''Umm Al Tarif''. It is h ...
. The project consisted of two developments:
Burj Khalifa The Burj Khalifa (known as the Burj Dubai prior to its inauguration) is a megatall skyscraper in Dubai, United Arab Emirates. With a total height of 829.8 m (2,722 ft, or just over half a mile) and a roof height (excluding the antenna, but inc ...
and
The Dubai Mall Dubai Mall () is the largest shopping mall in Dubai. The mall is part of Downtown Dubai and is located adjacent to the Burj Khalifa. It includes over 1,200 shops. History Dubai Mall was inaugurated on 4 November 2008, with about 1000 reta ...
, the world's tallest building and world's largest mall respectively. Emaar International LLC was established in 2004 and signified Emaar's expansion into foreign markets. The company has undertaken projects in
Africa Africa is the world's second-largest and second-most populous continent after Asia. At about 30.3 million km2 (11.7 million square miles) including adjacent islands, it covers 20% of Earth's land area and 6% of its total surfac ...
,
Asia Asia ( , ) is the largest continent in the world by both land area and population. It covers an area of more than 44 million square kilometres, about 30% of Earth's total land area and 8% of Earth's total surface area. The continent, which ...
,
North America North America is a continent in the Northern Hemisphere, Northern and Western Hemisphere, Western hemispheres. North America is bordered to the north by the Arctic Ocean, to the east by the Atlantic Ocean, to the southeast by South Ameri ...
, and throughout the
Middle East The Middle East (term originally coined in English language) is a geopolitical region encompassing the Arabian Peninsula, the Levant, Turkey, Egypt, Iran, and Iraq. The term came into widespread usage by the United Kingdom and western Eur ...
.


2006–present

The Dubai Mall officially opened in 2008, and
Burj Khalifa The Burj Khalifa (known as the Burj Dubai prior to its inauguration) is a megatall skyscraper in Dubai, United Arab Emirates. With a total height of 829.8 m (2,722 ft, or just over half a mile) and a roof height (excluding the antenna, but inc ...
in 2010. By 2014, Emaar was holding over $11.4 billion in real estate investments. In 2007, the company was majority-owned by Dubai's government. In 2009, John Laing Homes, a subsidiary of Emaar Properties which was acquired in 2006, filed for Chapter 11 bankruptcy protection in the US Court for the District of Delaware. In July 2010, American businessman Lionel Lombard filed a lawsuit against Emaar Properties and its Chairman Mohamed Alabbar in a California federal court alleging he was wrongfully imprisoned and tortured because he had spoken up on behalf of Emaar foreign workers. The case was dismissed in November 2010 by Lombard. In September 2012, Emaar launched the Address BLVD, a luxurious 72 storey hotel and hotel serviced apartment project in Downtown Burj Dubai adjacent to the
Dubai Mall Dubai Mall () is the largest shopping mall in Dubai. The mall is part of Downtown Dubai and is located adjacent to the Burj Khalifa. It includes over 1,200 shops. History Dubai Mall was inaugurated on 4 November 2008, with about 1000 reta ...
. In 2014, Emaar Properties announced plans to sell shares of its malls and retail business to the public. The IPO was one of the largest in the region since the
2008 financial crisis The 2008 financial crisis, also known as the global financial crisis (GFC), was a major worldwide financial crisis centered in the United States. The causes of the 2008 crisis included excessive speculation on housing values by both homeowners ...
. Emaar Malls Group became a publicly traded company on the Dubai Financial Market in October 2014. Closing at 3.25
dirhams The dirham, dirhem or drahm is a unit of currency and of mass. It is the name of the currencies of Morocco, the United Arab Emirates and Armenia, and is the name of a currency subdivision in Jordan, Libya, Qatar and Tajikistan. It was historicall ...
with approximately 535 million shares traded, the IPO was the largest in Dubai since 2007. Also in 2014, Emaar opened the world's highest observation deck, At the Top, Burj Khalifa SKY. The highest man-made vantage point sits 555 metres up on the 148th floor of Burj Khalifa. Emaar marked the new year with the world's most watched
New Year's Eve In the Gregorian calendar, New Year's Eve refers to the evening, or commonly the entire day, of the last day of the year, 31 December, also known as Old Year's Day. In many countries, New Year's Eve is celebrated with dancing, eating, drinkin ...
(NYE) celebration for 2015. According to
Guinness World Records ''Guinness World Records'', known from its inception in 1955 until 1999 as ''The Guinness Book of Records'' and in previous United States editions as ''The Guinness Book of World Records'', is a British reference book published annually, list ...
, Emaar oversaw the "Largest LED-Illuminated Façade" on the world's tallest man made structure" during the NYE celebrations. The record-setting display consisted of 70,000 LED panels that flashed coloured lights and projections of the country's leaders and other images on the Burj Khalifa. Emaar reported a 16 percent rise in second-quarter net profit for 2015, and that it has a land bank of over 235 million square metres. In November 2020, Emaar Properties announced a profit fall of 48% from the beginning of the year until September. In December 2020, Alabbar stepped down as Emaar chairman but continued to oversee the day-to-day activities as managing director. The
Dubai Mall Dubai Mall () is the largest shopping mall in Dubai. The mall is part of Downtown Dubai and is located adjacent to the Burj Khalifa. It includes over 1,200 shops. History Dubai Mall was inaugurated on 4 November 2008, with about 1000 reta ...
, developed by Emaar Properties, is the world's second largest shopping mall. It marked its soft opening in November 2008 and was inaugurated in May 2009. The mall has over 1,200 stores and 200 restaurants. It is also home to Dubai Aquarium and Underwater Zoo, KidZania, Dubai Ice Rink and the largest cinema complex in the region, Reel Cinemas. In 2014, The Dubai Mall had over 80 million visitors, of which 40 percent were tourists from outside the region. As an extension to Dubai Mall, Emaar began to develop a 55-storey residential building called Downtown Views. Emaar Properties's
Dubai Fountain The Dubai Fountain contains a choreographed fountain system located on the artificial Burj Khalifa Lake, at the center of the Downtown Dubai development in Dubai, United Arab Emirates. It was designed by WET Design, a California-based company a ...
is the tallest performing fountain in the world and began operating in the spring of 2009. Emaar developed the world's tallest building,
Burj Khalifa The Burj Khalifa (known as the Burj Dubai prior to its inauguration) is a megatall skyscraper in Dubai, United Arab Emirates. With a total height of 829.8 m (2,722 ft, or just over half a mile) and a roof height (excluding the antenna, but inc ...
, which opened in 2010. The building is 2,716.5 feet tall with 160 storeys that are primarily for residential purposes. It is named after the
Abu Dhabi Abu Dhabi is the capital city of the United Arab Emirates. The city is the seat of the Abu Dhabi Central Capital District, the capital city of the Emirate of Abu Dhabi, and the UAE's List of cities in the United Arab Emirates, second-most popu ...
ruler Sheikh Khalifa bin Zayed Al Nahyan. Emaar Properties has also developed a number of neighbourhoods throughout Dubai including Arabian Ranches, Dubai Marina, The Greens, The Meadows, The Lakes, and The Springs. In 2013, Emaar launched The Address Residence Fountain Views I, II, and III, The Address Residence Sky View, Burj Vista, Boulevard Point and Vida Residence—all in Downtown Dubai. A further addition to Downtown Dubai from Emaar was the Opera District. Key features include the Dubai Opera House, the country's first dedicated opera house. In January 2015, Emaar Hospitality opened a
boutique hotel Boutique hotels are small-capacity Hotel, hotels that provide more personalized service than typical hotels. They typically have fewer than a hundred rooms, and are considered more "trendy" and "intimate", often due to their location in urban ar ...
, Manzil Downtown Dubai. The hotel is managed by Vida Hotels and Resorts and includes 200 rooms, suites with Burj Khalifa views, and access to a sports hub and several restaurants. Emaar rolled out the region's first hop-on-hop-off transit system with the Dubai Trolley. The trolley is also the world's first hydrogen-powered, zero-emission street tram system. In 2016, Emaar Properties announced plans to build the world's tallest structure, which would be taller than
Burj Khalifa The Burj Khalifa (known as the Burj Dubai prior to its inauguration) is a megatall skyscraper in Dubai, United Arab Emirates. With a total height of 829.8 m (2,722 ft, or just over half a mile) and a roof height (excluding the antenna, but inc ...
. It was expected to be completed by 2020.


International projects

Through various subsidiaries, Emaar has established property developments and projects in
Pakistan Pakistan, officially the Islamic Republic of Pakistan, is a country in South Asia. It is the List of countries and dependencies by population, fifth-most populous country, with a population of over 241.5 million, having the Islam by country# ...
,
India India, officially the Republic of India, is a country in South Asia. It is the List of countries and dependencies by area, seventh-largest country by area; the List of countries by population (United Nations), most populous country since ...
,
Jordan Jordan, officially the Hashemite Kingdom of Jordan, is a country in the Southern Levant region of West Asia. Jordan is bordered by Syria to the north, Iraq to the east, Saudi Arabia to the south, and Israel and the occupied Palestinian ter ...
,
Egypt Egypt ( , ), officially the Arab Republic of Egypt, is a country spanning the Northeast Africa, northeast corner of Africa and Western Asia, southwest corner of Asia via the Sinai Peninsula. It is bordered by the Mediterranean Sea to northe ...
,
Lebanon Lebanon, officially the Republic of Lebanon, is a country in the Levant region of West Asia. Situated at the crossroads of the Mediterranean Basin and the Arabian Peninsula, it is bordered by Syria to the north and east, Israel to the south ...
,
Morocco Morocco, officially the Kingdom of Morocco, is a country in the Maghreb region of North Africa. It has coastlines on the Mediterranean Sea to the north and the Atlantic Ocean to the west, and has land borders with Algeria to Algeria–Morocc ...
, the
United States The United States of America (USA), also known as the United States (U.S.) or America, is a country primarily located in North America. It is a federal republic of 50 U.S. state, states and a federal capital district, Washington, D.C. The 48 ...
,
Saudi Arabia Saudi Arabia, officially the Kingdom of Saudi Arabia (KSA), is a country in West Asia. Located in the centre of the Middle East, it covers the bulk of the Arabian Peninsula and has a land area of about , making it the List of Asian countries ...
,
Syria Syria, officially the Syrian Arab Republic, is a country in West Asia located in the Eastern Mediterranean and the Levant. It borders the Mediterranean Sea to the west, Turkey to Syria–Turkey border, the north, Iraq to Iraq–Syria border, t ...
,
Iraqi Kurdistan Iraqi Kurdistan or Southern Kurdistan () refers to the Kurds, Kurdish-populated part of northern Iraq. It is considered one of the four parts of Greater Kurdistan in West Asia, which also includes parts of southeastern Turkey (Northern Kurdist ...
, and
Turkey Turkey, officially the Republic of Türkiye, is a country mainly located in Anatolia in West Asia, with a relatively small part called East Thrace in Southeast Europe. It borders the Black Sea to the north; Georgia (country), Georgia, Armen ...
. Some of the projects have included developments such as the Beit Misk in
Lebanon Lebanon, officially the Republic of Lebanon, is a country in the Levant region of West Asia. Situated at the crossroads of the Mediterranean Basin and the Arabian Peninsula, it is bordered by Syria to the north and east, Israel to the south ...
, the Jeddah Gate in
Saudi Arabia Saudi Arabia, officially the Kingdom of Saudi Arabia (KSA), is a country in West Asia. Located in the centre of the Middle East, it covers the bulk of the Arabian Peninsula and has a land area of about , making it the List of Asian countries ...
, and the Samarah Dead Sea Resort in
Jordan Jordan, officially the Hashemite Kingdom of Jordan, is a country in the Southern Levant region of West Asia. Jordan is bordered by Syria to the north, Iraq to the east, Saudi Arabia to the south, and Israel and the occupied Palestinian ter ...
.


USA

In 2008, Emaar acquired John Laing Homes—then the second-largest privately held developer in the United States for $1 billion in cash. This acquisition led to the formation of Emaar North America, which oversaw major real estate projects across the U.S. and Canada. Among its most notable developments was Beverly West, an ultra-luxury condominium tower in Los Angeles that attracted high-profile residents including Ellen DeGeneres and The Weeknd. The division was led by Dario De Luca and Paul Spradling.


Egypt

Emaar Misr began working on a $4 billion development project in 2005 on the Moqattam Plateau in
Cairo Cairo ( ; , ) is the Capital city, capital and largest city of Egypt and the Cairo Governorate, being home to more than 10 million people. It is also part of the List of urban agglomerations in Africa, largest urban agglomeration in Africa, L ...
, initially called Cairo Grand Heights that was later renamed Uptown Cairo. The project included building up an area as a residential, commercial, and recreational community. In 2006, Emaar Misr, an Egyptian subsidiary of Emaar Properties, completed an agreement with the
Bibliotheca Alexandrina The Bibliotheca Alexandrina (Latin, 'Library of Alexandria'; , ) (BA) is a major library and cultural center on the shore of the Mediterranean Sea in Alexandria, Egypt. It is a commemoration of the Library of Alexandria, once one of the larg ...
to redevelop part of its property on the eastern harbor of Alexandria. The new library facility stands almost exactly where the ancient Library of Alexandria existed, however the project has never materialized. In 2008, Emaar Misr began working on a tourist resort called Marassi in Sidi Abdel Rahman, located along the Mediterranean coast, that includes a hotel with 3,000 rooms, a marina, and a golf course. The project also included the renovation of the well known Al-Alamein Hotel located within the property.


India

Emaar India has a portfolio of projects spanning all key segments of the
India India, officially the Republic of India, is a country in South Asia. It is the List of countries and dependencies by area, seventh-largest country by area; the List of countries by population (United Nations), most populous country since ...
n real estate industry, including
residential A residential area is a land used in which houses, housing predominates, as opposed to industrial district, industrial and Commercial Area, commercial areas. Housing may vary significantly between, and through, residential areas. These include ...
,
commercial Commercial may refer to: * (adjective for) commerce, a system of voluntary exchange of products and services ** (adjective for) trade, the trading of something of economic value such as goods, services, information or money * a dose of advertising ...
, retail (malls) and
hospitality Hospitality is the relationship of a host towards a guest, wherein the host receives the guest with some amount of goodwill and welcome. This includes the reception and entertainment of guests, visitors, or strangers. Louis de Jaucourt, Louis, ...
. The company has a land bank of some 6,000 acres to be used for future development. Its existing assets and ongoing projects, as also its land banks, are spread across India:
Delhi Delhi, officially the National Capital Territory (NCT) of Delhi, is a city and a union territory of India containing New Delhi, the capital of India. Straddling the Yamuna river, but spread chiefly to the west, or beyond its Bank (geography ...
NCR (particularly
Gurugram Gurgaon (), officially named Gurugram (), is a satellite city of Delhi and administrative headquarters of Gurgaon district, located in the northern Indian state of Haryana. It is situated near the Delhi–Haryana border, about southwest o ...
),
Mohali Mohali, officially Sahibzada Ajit Singh Nagar or Ajitgarh, is a planned city in the Mohali district in Punjab, India, Punjab, India, which is an administrative and a commercial hub lying south-west of Chandigarh. It is the headquarters of the M ...
,
Chennai Chennai, also known as Madras (List of renamed places in India#Tamil Nadu, its official name until 1996), is the capital city, capital and List of cities in Tamil Nadu by population, largest city of Tamil Nadu, the southernmost states and ...
,
Hyderabad Hyderabad is the capital and largest city of the Indian state of Telangana. It occupies on the Deccan Plateau along the banks of the Musi River (India), Musi River, in the northern part of Southern India. With an average altitude of , much ...
,
Lucknow Lucknow () is the List of state and union territory capitals in India, capital and the largest city of the List of state and union territory capitals in India, Indian state of Uttar Pradesh and it is the administrative headquarters of the epon ...
,
Jaipur Jaipur (; , ) is the List of state and union territory capitals in India, capital and the List of cities and towns in Rajasthan, largest city of the north-western States and union territories of India, Indian state of Rajasthan. , the city had ...
and
Indore Indore (; ISO 15919, ISO: , ) is the largest and most populous Cities in India, city in the Indian state of Madhya Pradesh. The commercial capital of the state, it has been declared as the List of cleanest cities in India, cleanest city of In ...
.


Early projects

Emaar entered India in the early 2000s by winning the bid for the
Hyderabad International Convention Centre The Hyderabad Information Technology and Engineering Consultancy City (HITEC City) is an Indian financial business district located in Hyderabad, Telangana, India. HITEC City is spread across of land under the suburbs of Madhapur, Gachibowl ...
, A joint venture, the Cyberabad Convention Centre Private Limited (CCCPL), was floated specifically for this project, with the other partner being the Andhra Pradesh Industrial Infrastructure Corporation (APIIC). The convention center, which has a total seating capacity of 4,000 seats (extendable to 6,500 seats) was completed in December 2005.


Joint Venture phase

In 2005, while the Hyderabad project was ongoing, Emaar entered into a joint venture to handle projects in India. Emaar India was founded in 2005 as a joint venture of Emaar Properties PJSC with MGF Developments Limited of India, in which Emaar was by far the larger equity partner and MGF was entrusted the operational responsibilities. The joint venture executed several significant projects, such as the 2010 Commonwealth Games Village in
Delhi Delhi, officially the National Capital Territory (NCT) of Delhi, is a city and a union territory of India containing New Delhi, the capital of India. Straddling the Yamuna river, but spread chiefly to the west, or beyond its Bank (geography ...
. In April 2016, Emaar announced that it would separate from its joint venture partner and divide the company vertically. Shortly after the announcement, Emaar filed the demerger scheme in the Delhi High Court, and Shravan Gupta of MGF resigned from his operational positions. Prashant Gupta is the current
CEO A chief executive officer (CEO), also known as a chief executive or managing director, is the top-ranking corporate officer charged with the management of an organization, usually a company or a nonprofit organization. CEOs find roles in variou ...
of the company. In pursuance of the intended demerger, the company is presently undergoing a restructuring exercise, wherein Emaar has taken control of all the ongoing projects of the company to ensure their completion at the earliest. The company has committed to deliver 11,000 units by end of 2018, beginning with over 3,000 units in 2017 itself.


Future plans

In late 2021, a Memorandum of Understanding was signed between the governments of Dubai and Jammu & Kashmir to facilitate investment into certain marquee projects. Under the agreement, Emaar is to develop a shopping mall in
Srinagar Srinagar (; ) is a city in Indian-administered Jammu and Kashmir in the disputed Kashmir region.The application of the term "administered" to the various regions of Kashmir and a mention of the Kashmir dispute is supported by the tertiary ...
of 500,000 sq.ft. EMAAR is also considering other investments in hospitality and mixed use commercial and residential projects in
Jammu Jammu () is a city in Indian-administered Jammu and Kashmir (union territory), Jammu and Kashmir in the disputed Kashmir region.The application of the term "administered" to the various regions of Kashmir and a mention of the Kashmir dispute ...
city and in
Srinagar Srinagar (; ) is a city in Indian-administered Jammu and Kashmir in the disputed Kashmir region.The application of the term "administered" to the various regions of Kashmir and a mention of the Kashmir dispute is supported by the tertiary ...
city.


Saudi Arabia

The
King Abdullah Economic City King Abdullah Economic City (KAEC, ; ) is a planned city in Rabigh Governorate, Mecca Province, Saudi Arabia. It was announced as a megaproject in 2005 by King Abdullah bin Abdulaziz. It is located in close proximity to Thuwal, almost 100 k ...
(KAEC), developed by Emaar, The Economic City (Emaar E.C.) is listed on Tadawul, the Saudi stock exchange, and is the largest private investment in
Saudi Arabia Saudi Arabia, officially the Kingdom of Saudi Arabia (KSA), is a country in West Asia. Located in the centre of the Middle East, it covers the bulk of the Arabian Peninsula and has a land area of about , making it the List of Asian countries ...
. The project includes the development of a special economic zone along the Red Sea coast 60 miles north of Jeddah. Emaar E.C. also heads the development of the KAEC port. The port is the first privately owned port for Saudi Arabia and was first opened in January 2014, but plans to further expand have been set in place after the generation of new financing. The KAEC development is projected to be about the same size as
Washington, D.C. Washington, D.C., formally the District of Columbia and commonly known as Washington or D.C., is the capital city and federal district of the United States. The city is on the Potomac River, across from Virginia, and shares land borders with ...
when completed and the zone is estimated to house approximately 2 million people and assist in aiding the Saudi Arabian economy in expanding beyond oil to light and shipping industry.


Syria

Emaar Properties first announced its plans for a large-scale development project in Syria in 2006. The development, known as The Eighth Gate, includes three zones: a commercial center, waterfront and residential zone, and tourist area. The project is a joint venture between Emaar Properties and IGO, an offshore investment and property development company.


Turkey

The Tuscan Valley development was Emaar's first project in Turkey. Emaar completed the first phase of the Tuscan Valley venture by 2007, which included the development of luxury villas and commercial space just outside
Istanbul Istanbul is the List of largest cities and towns in Turkey, largest city in Turkey, constituting the country's economic, cultural, and historical heart. With Demographics of Istanbul, a population over , it is home to 18% of the Demographics ...
. In 2012, Emaar began developing an Emaar Square project. The project plans include building Turkey's largest shopping mall and five-star hotels. In 2013, Emaar Turkey, the wholly owned subsidiary of Emaar Properties, launched The Address Residences Emaar Square in
Istanbul Istanbul is the List of largest cities and towns in Turkey, largest city in Turkey, constituting the country's economic, cultural, and historical heart. With Demographics of Istanbul, a population over , it is home to 18% of the Demographics ...
.In 2017, Emaar Square Mall in Turkey was opened to the public.


Pakistan

The Crescent Bay, Karachi is a 108-acre (440,000 m2) under-construction upscale mixed-use oceanfront development in Defence, Karachi, Pakistan. It is considered one of the biggest projects in Pakistan, with a cost of $2.4 billion. The development features a series of high and mid-rise towers for residential and commercial use, a shopping centre, a five-star beachfront hotel and a tower located in the heart of the project. The Canyon Views is a project of Emaar in
Islamabad Islamabad (; , ; ) is the capital city of Pakistan. It is the country's tenth-most populous city with a population of over 1.1 million and is federally administered by the Pakistani government as part of the Islamabad Capital Territory. Bu ...
,
Pakistan Pakistan, officially the Islamic Republic of Pakistan, is a country in South Asia. It is the List of countries and dependencies by population, fifth-most populous country, with a population of over 241.5 million, having the Islam by country# ...
.


Iraqi Kurdistan

Downtown Erbil is a project for a large-scale mixed-use complex in
Erbil Erbil (, ; , ), also called Hawler (, ), is the capital and most populated city in the Kurdistan Region of Iraq. The city is the capital of the Erbil Governorate. Human settlement at Erbil may be dated back to the 5th millennium BC. At the h ...
. The project was launched by Emaar Properties in 2013 and covers an area of 541,000 square meters. This area will be used for residential apartments, hotels and a shopping mall.


Management

* Mohammed Alabbar, Founder and Chairman * Amit Jain, CEO


References


External links

{{Prone to spam, date=October 2022
Emaar Corporate website
Emirati companies established in 1997 Conglomerate companies established in 1997 Real estate companies of the United Arab Emirates Companies based in Dubai Companies listed on the Dubai Financial Market Multinational companies headquartered in the United Arab Emirates Emirati brands