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Emaar Properties
History and Background
- Founded: 1997
- Founder: Mohamed Alabbar
- Headquarters: Dubai, United Arab Emirates
- Type: Public Joint Stock Company
- Stock Listing: Dubai Financial Market (DFM)
Overview
- Emaar Properties is one of the world’s most valuable and admired real estate development companies, and a key force in shaping Dubai’s modern skyline. It is best known for landmark developments such as Burj Khalifa and The Dubai Mall, which have become global icons.
Key Milestones in Emaar’s History
- 1997: Founded with a vision to become a global developer.
- 2000: Listed on the Dubai Financial Market, opening its doors to public shareholders.
- 2004: Launch of Downtown Dubai, a massive master-planned community anchored by the Burj Khalifa.
- 2010: Completion and grand opening of Burj Khalifa, the tallest building in the world.
- 2014–2019: Expansion into international markets, including Egypt, Saudi Arabia, India, Turkey, and Pakistan.
- 2020: Focus shifted to smart and sustainable communities, aligning with UAE Vision 2030.
- 2023–2025: Continued development in Dubai with major projects like Emaar South, Dubai Creek Harbour, and The Oasis.
Key Achievements
- Burj Khalifa: Tallest structure and building in the world (828 meters).
- The Dubai Mall: One of the world’s largest shopping malls.
- Developed over 1.2 million sqm of residential and commercial properties across key global markets.
Business Units
- Emaar Development – Handles residential and commercial real estate in the UAE.
- Emaar Malls – Retail and leisure projects, including The Dubai Mall.
- Emaar Hospitality Group – Owns and operates hotel brands like Address Hotels + Resorts and Vida Hotels.
- Emaar International – Manages global developments.
