Emaar Properties: Dubai’s Leading Developer with a Global Footprint
Emaar Properties PJSC, founded in 1997, is synonymous with Dubai’s spectacular skyline and luxury real estate market. Best known for developing iconic landmarks like the Burj Khalifa and The Dubai Mall, Emaar continues to shape Dubai’s urban landscape while expanding its reach internationally.
Emaar’s Dominance in Dubai’s Real Estate Market
In 2024, Emaar accounted for approximately 16% of all residential property transactions in Dubai, with more than 17,000 sales recorded via the Dubai Land Department.
The company posted property sales worth AED 70 billion (US$ 19 billion) in Dubai alone, a remarkable 72% increase over the previous year.
Emaar holds a massive 141 million square feet of prime development land in Dubai, with future projects valued at around AED 96 billion.
Dubai developments contributed over AED 35.5 billion to Emaar’s total 2024 revenue.
Signature Projects in Dubai
Burj Khalifa: The world’s tallest building and a global symbol of luxury and engineering prowess.
Downtown Dubai: A flagship mixed-use mega-development featuring luxury residences, offices, hotels, and The Dubai Mall — the world’s most visited retail destination, attracting over 111 million visitors in 2024
Dubai Marina: A vibrant waterfront community with upscale residential towers, retail, and leisure facilities.
Emaar Beachfront: An exclusive private island community offering stunning sea views, beachfront villas, and premium apartments.
Dubai Hills Estate: A master-planned community blending luxury living with recreational amenities such as parks, golf courses, and schools.
Emaar’s Global Expansion Beyond Dubai
While Dubai remains Emaar’s core market, the developer has strategically expanded internationally
India
Active in cities like Gurugram, Mohali, and Lucknow, developing luxury residential and commercial projects.
Egypt
Creating mixed-use developments and residential communities
Saudi Arabia
Engaged in multiple residential and commercial projects as part of Saudi’s growing urbanization.
United States
Focusing on upscale residential developments, especially in key urban markets
In 2024, Emaar’s international projects generated property sales of AED 4.1 billion (US$ 1.1 billion), reflecting a 40% growth compared to 2023.
Dubai Mall Expansion and Hospitality Ventures
Emaar is investing AED 2.2 billion (US$ 600 million) to expand The Dubai Mall, adding 240 new luxury stores and dining outlets to maintain Dubai’s retail dominance.
Strategic Growth and Customer Commitment in Dubai
Emaar demonstrated strong customer care by repairing homes damaged by the unprecedented 2024 rains at its own expense, underscoring its commitment to resident satisfaction.
FAQs – Emaar Properties Developer (Dubai Focus with Global Context)
Emaar is known for Burj Khalifa, Downtown Dubai, Dubai Marina, Emaar Beachfront, and Dubai Hills Estate.
Emaar accounted for 16% of Dubai’s residential transactions in 2024 and holds a large land bank for future projects.
Yes, Emaar has significant projects in India, Egypt, Saudi Arabia, and the US, with international sales growing 40% in 2024.
Emaar is expanding The Dubai Mall with a $600 million investment and launching new residential phases in Dubai Hills Estate and Emaar Beachfront
Emaar focuses on timely project delivery, premium quality, integrated communities, and after-sales service, including repairing rain-damaged homes in 2024 at no cost to buyers.