Company Insights Emaar Properties Real Estate Emaar Properties Overview Emaar Properties is a UAE real estate development company with operations covering real estate, retail and shopping malls, leisure and hospitality. Founded in 1997, Emaar Properties was listed on the Dubai Financial Market in 2000 and became the first property company to offer shares to foreign nationals. Emaar’s two largest shareholders are Dubai ruler Mohammed bin Rashid Al Maktoum and the UAE’s sovereign wealth fund Investment Corporation of Dubai. In the UAE Emaar is known for large-scale projects Burj Khalifa, Downtown Dubai, Dubai Mall, Dubai Marina and the Dubai Fountain. Internationally Emaar has established property developments and projects across the Middle East, including King Abdullah Economic City and Jeddah Gate in Saudi Arabia, the Samarah Dead Sea Resort in Jordan and Uptown Cairo and Cairo Gate in Egypt. It also has operations in India, Pakistan and the US. In September 2024 it was reported that Adani Realty, owned by Indian billionaire Gautam Adani, was holding discussions with Emaar to buy a stake in the latter’s Indian subsidiary. Emaar Properties News Opinion Real Estate Dubai home renovations: enough to drive a man to drink Real estate may be peaking if the work in my apartment block is anything to go by December 6, 2024 Analysis Real Estate Why Saudi real estate stocks are less popular than you might think Most developers are unlisted Land ownership is fragmented Dubai-style compounds not popular Saudi Arabia has rising property prices, soaring homeownership rates and steady mortgage approvals – so you might think its real estate sector w... Register now: It’s easy and free This content is available for registered members only. Register for your free account today […] November 27, 2024 Analysis Construction Jeddah Tower will be world’s tallest building, but sky’s the limit Since the invention of the modern high-rise in the early 1900s, to the completion of the Burj Khalifa in 2010, the height of the tallest building in the world grew nearly five fold, or 661 metres, going from the 167 metres of the Philadelphia City Hall to the Burj’s 828 metres. The Jeddah Tower, on […] November 15, 2024 Construction Emaar revenue surges 30% on strong property sales Revenues of Emaar Properties, Dubai’s largest listed real estate company, rose 30 percent year on year in the first nine months of 2024, driven by growth in property sales. The top line reached AED23.8 billion ($6.5 billion), up from AED18.4 billion a year earlier. Property sales hit AED50 billion in the first nine months of […] November 12, 2024 Real Estate Emaar’s Alabbar eyes major investment in Madagascar Emaar founder Mohamed Alabbar is planning a major investment in Madagascar, marking the island nation as his next big venture. “Madagascar is the next new thing in my life,” Alabbar said at the Future Investment Initiative in Riyadh on Tuesday. “It’s going to be a very big investment,” he said, but did not provide further […] October 30, 2024 Real Estate Dubai’s bellwether Emaar to report Q3 profit rise Dubai’s Emaar Properties, bellwether of the emirate’s bourse, and its real estate development subsidiary, are likely to report sizeable increases in third-quarter profits versus the preceding three months as margins expand and under-construction projects reach revenue recognition thresholds. Emaar Properties owns 79 percent of Emaar Development and also has hospitality and retail divisions. It is […] October 24, 2024 Opinion Economy Reconstructing battered Libya is a work in progress Physical rebuilding is ongoing but restoring the country's reputation will take longer October 16, 2024 Construction Saudi startup’s smart helmets upping safety on building sites When Hassan AlBalawi first proposed a smart helmet that would track all employee movements on building sites, construction companies could not see the point. “We were focusing on this problem of how to get technology into the construction field, measuring the drowsiness of construction workers. But it turned out the construction companies didn’t know or care,” […] October 11, 2024 Real Estate Adani in talks to buy stake in Emaar’s Indian subsidiary Adani Realty, owned by Indian billionaire Gautam Adani, is holding discussions with Emaar Properties to buy a stake in the Dubai-based developer’s Indian subsidiary, a news report said. Adani Realty and Emaar executives are discussing a possible transaction for a stake sale in Emaar India in Dubai, Business Today magazine reported, citing unnamed sources. The talks […] September 27, 2024 Analysis Real Estate Project stardust: why Dubai developers still want celeb tie-ins Lionel Messi, Rohit Sharma and Chris Hemsworth are just some of the famous faces who have promoted UAE real estate in recent years. Superstar sportsmen and Hollywood heroes do not come cheap, but are they really a good investment for developers or just an excuse for the CEO to get a selfie? Many industry observers […] September 18, 2024 Posts navigation 1 2 … 11 Next
Opinion Real Estate Dubai home renovations: enough to drive a man to drink Real estate may be peaking if the work in my apartment block is anything to go by December 6, 2024
Analysis Real Estate Why Saudi real estate stocks are less popular than you might think Most developers are unlisted Land ownership is fragmented Dubai-style compounds not popular Saudi Arabia has rising property prices, soaring homeownership rates and steady mortgage approvals – so you might think its real estate sector w... Register now: It’s easy and free This content is available for registered members only. Register for your free account today […] November 27, 2024
Analysis Construction Jeddah Tower will be world’s tallest building, but sky’s the limit Since the invention of the modern high-rise in the early 1900s, to the completion of the Burj Khalifa in 2010, the height of the tallest building in the world grew nearly five fold, or 661 metres, going from the 167 metres of the Philadelphia City Hall to the Burj’s 828 metres. The Jeddah Tower, on […] November 15, 2024
Construction Emaar revenue surges 30% on strong property sales Revenues of Emaar Properties, Dubai’s largest listed real estate company, rose 30 percent year on year in the first nine months of 2024, driven by growth in property sales. The top line reached AED23.8 billion ($6.5 billion), up from AED18.4 billion a year earlier. Property sales hit AED50 billion in the first nine months of […] November 12, 2024
Real Estate Emaar’s Alabbar eyes major investment in Madagascar Emaar founder Mohamed Alabbar is planning a major investment in Madagascar, marking the island nation as his next big venture. “Madagascar is the next new thing in my life,” Alabbar said at the Future Investment Initiative in Riyadh on Tuesday. “It’s going to be a very big investment,” he said, but did not provide further […] October 30, 2024
Real Estate Dubai’s bellwether Emaar to report Q3 profit rise Dubai’s Emaar Properties, bellwether of the emirate’s bourse, and its real estate development subsidiary, are likely to report sizeable increases in third-quarter profits versus the preceding three months as margins expand and under-construction projects reach revenue recognition thresholds. Emaar Properties owns 79 percent of Emaar Development and also has hospitality and retail divisions. It is […] October 24, 2024
Opinion Economy Reconstructing battered Libya is a work in progress Physical rebuilding is ongoing but restoring the country's reputation will take longer October 16, 2024
Construction Saudi startup’s smart helmets upping safety on building sites When Hassan AlBalawi first proposed a smart helmet that would track all employee movements on building sites, construction companies could not see the point. “We were focusing on this problem of how to get technology into the construction field, measuring the drowsiness of construction workers. But it turned out the construction companies didn’t know or care,” […] October 11, 2024
Real Estate Adani in talks to buy stake in Emaar’s Indian subsidiary Adani Realty, owned by Indian billionaire Gautam Adani, is holding discussions with Emaar Properties to buy a stake in the Dubai-based developer’s Indian subsidiary, a news report said. Adani Realty and Emaar executives are discussing a possible transaction for a stake sale in Emaar India in Dubai, Business Today magazine reported, citing unnamed sources. The talks […] September 27, 2024
Analysis Real Estate Project stardust: why Dubai developers still want celeb tie-ins Lionel Messi, Rohit Sharma and Chris Hemsworth are just some of the famous faces who have promoted UAE real estate in recent years. Superstar sportsmen and Hollywood heroes do not come cheap, but are they really a good investment for developers or just an excuse for the CEO to get a selfie? Many industry observers […] September 18, 2024