Emaar Properties
is a Public Joint Stock Company (PJSC) opened in
1997 and is listed on the Dubai Financial Market.
The Dubai government has a 32% equity stake of Emaar
and it started with capital of AED 1 billion (US$
274 million). It is known as the region's largest
real estate company and was the first real estate
developer to provide freehold property in Dubai.
Emaar has also launched an independent financial
services joint venture company with Amlak Finance
PJSC, called Emaar Financial Services (Emaar FS).
Emaar's
flagship property is the Burj
Dubai, which is planned to be the tallest tower
in the world. The Chairman of Emaar Properties is
Mr. Mohamed Ali Alabbar, who is also the Director
General of Dubai Department of Economic Development.
The Vice-Chairman is Mr. Mohamed Khalfan Bin Kharbash
and the Director is Mr. Abdul Aziz Aabdallah Al
Ghurair.
Emaar's portfolio of real estate projects include Dubai
Marina, Arabian Ranches, Emirates
Living (Emirates Hills, The
Views, The Meadows, The Springs,
The Lakes, Hattan Homes, The Greens, Streets of Dreams), Emaar Towers and Downtown
Dubai (Burj Dubai, Burj Residence, Dubai Mall, The Lofts). The company also owns and manages the Gold and Diamond Park. Emaar has
also begun developing real estate outside of the UAE, which includes the Bahia Bay and Amelkis II projects in Morocco, the King Abdullah
Economic City in Saudi Arabia, and the Eighth Gate in Syria.
It is only one year on but already Dubai Aquarium & Underwater Zoo is one of the most visited tourist destinations in the region and still retains its title for the 'World's Largest Acrylic Panel'.
The Address Dubai Marina has opened its doors ushering in a new business and leisure hub in one of Dubai's most vibrant lifestyle destinations, Dubai Marina. This five star premium hotel is the latest addition to the portfolio of The Address Hotels + Resorts and is designed to be a modern business destination with access to countless leisure opportunities for shopping, dining and entertainment.
KidZania, the newest leisure zone soon to open at the entertainment precinct of The Dubai Mall, has recruited a multicultural team of over 300 service professionals. The team, trained to offer the highest standards of safety and customer service, comprises new recruits from as far afield as Fiji to Cameroon and Brazil to Macedonia.
The Address Downtown Burj Dubai has unveiled a new events venue, billed to become the newest hotspot for private functions and corporate get-togethers with a difference. The Bajjah Terrace and Lounge offers exquisite views of Burj Dubai, the world's tallest building, and overlooks The Dubai Fountain, the world's tallest performing fountain.
Hamptons International, the premier property services company with an extensive portfolio of projects in the region, has clinched four top laurels at the Euromoney Real Estate Awards.
