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Dubai Construction Companies

Emaar Properties PJSC

Property Development

Updated 3rd Jun 2023

Emaar Properties is a construction-related company operating in Dubai.

Key information

Services offered

Property Development

Year founded

1997

Website

https://www.emaar.com/en/

Emaar reported $1.4bn (AED5.2bn) net profit for 2016, up 28% from $1.1bn (AED4.08bn) in 2015. According to a company statement in February 2017, the group’s backlog was valued at $11.7bn (AED42.9bn).

In October 2016 the company broke ground on the Dubai Creek Tower at Dubai Creek Harbour (DCH). Dubai Creek Tower will be among the world’s tallest manmade structures upon its completion in 2020. At 928m, the building will be 100m taller than current record-holder, Burj Khalifa. Foundation works for the project were completed in March 2017.

In February 2017 Emaar launched Harbour Gate, a residential estate within the 6 sq km DCH master development. DCH is at the heart of Emaar’s long-term development plans.

In August 2017 Emaar awarded Al Naboodah Construction Group the main contract for DCH’s Creekside 18, a two-tower residential project. Also in August sales were launched for 17 Icon Bay, a 43-storey residential tower, also in DCH.

Other recent project launches include the Dubai Hills Mall, which upon completion in 2019 will offer 187,500 sq m in gross leasable area; the Vida Dubai Mall, a hotel that will be linked to The Dubai Mall; and Golf Links, a community that will be developed at Emaar South, part of Dubai South.

Financially, Emaar has revealed plans to sell 30% of its development business unit through an initial public offering.

Emaar Properties In the news

Emaar group property sales hit $2.5bn riding on bull run in Dubai real estate
Arabian Business, 12th May 2023

Dubai's Emaar Properties posts 43% rise in Q1 profit after strong sales
The National, 11th May 2023

Revealed: Dubai’s Emaar announces eight new developments
Arabian Business, 5th May 2023

Emaar reports $9.5bn in real estate sales for the company in 2022
Construction Week, 24th Apr 2023

Emaar Properties approves dividends equal to 25% of share capital
Gulf Business, 19th Apr 2023

All apartments at St. Regis Residences, Downtown snapped up
Hotelier Middle East, 4th Apr 2023

Dubai's Emaar Properties posts 80% surge in 2022 profit on record sales
The National, 14th Feb 2023

EMAAR Unveils Stunning Walkway ‘The Viewing Point’ – Another Jewel In The Dubai …
Construction Business News, 12th Jan 2023

Private fireworks viewing area, soundproof rooms: Burj Khalifa residents reveal …
Khaleej Times, 5th Jan 2023

Emaar Properties increases share capital to $2.4bn
The National, 23rd Dec 2022

Emaar Properties' third-quarter net profit jumps 46% on robust property sales
The National, 17th Nov 2022

Emaar plans 'aggressive' sales and market share growth amid booming economy
The National, 31st Oct 2022

Emaar’s 100% foreign ownership to become effective next week
The National, 20th Oct 2022

Emaar Properties PJSC's acquisition of Dubai Creek Harbour from Dubai Holding Gr…
Zawya, 21st Sep 2022

Dubai's Emaar Properties to allow 100% foreign ownership
Gulf News, 25th Aug 2022

Emaar to use $335m from Namshi sale into real estate development, expects to clo…
Gulf News, 23rd Aug 2022

Emaar Properties' stock drops 1.86%, recovers as shareholders mull Namshi sale t…
Gulf News, 22nd Aug 2022

Emaar reassures shareholders of Dh7.5b cash-and-share deal for Dubai Creek Harbo…
Gulf News, 15th Aug 2022

Emaar acquires Dubai Creek Harbour from Dubai Holdings for $2bn
Hotelier Middle East, 13th Aug 2022

Emaar Development's H1-2022 sales its best ever showing, with Dh15.21b
Gulf News, 12th Aug 2022

Emaar Properties to fully acquire Dubai Creek Harbour in Dh7.5 billion transacti…
Gulf News, 11th Aug 2022

Emaar Properties’ Q1 profit surges threefold on property sales growth
The National, 13th May 2022

Emaar Development to handover 8,500 residential units by year end
ME Construction News, 25th Apr 2022

Emaar Properties safeguards “robust business performance” in 2021 with stringent…
Arabian Business, 21st Apr 2022

Emaar Properties’ stock is riding the sales bounce in Dubai real estate
Gulf News, 10th Mar 2022

Emaar picks robot to paint luxury Downtown Dubai skyscraper project
Arabian Business, 19th Feb 2022

Emaar Properties net profit jumps 80% in 2021 on highest ever property sales
Gulf News, 14th Feb 2022

Dubai's Emaar Development to get a new CEO
Gulf News, 30th Dec 2021

Emaar Properties tops 50 Mena developers in Forbes ME 2021
Khaleej Times, 19th Dec 2021

Dubai Hills Vista project by Emaar and inspired by Automobili Lamborghini is sol…
Construction Business News, 29th Nov 2021

Emaar Properties completes merger of Emaar Malls in Dubai's second big re-merger…
Gulf News, 22nd Nov 2021

Emaar Development delivers $5.69bn in the first nine months of 2021
Construction Week, 15th Nov 2021

Emaar Properties’ Q3 net profit more than doubles to $277m behind robust sales
The National, 14th Nov 2021

Decks cleared for Dubai’s Emaar Properties and Emaar Malls merger
Gulf News, 11th Nov 2021

Emaar Properties' shareholders give go-ahead to Emaar Malls' merger
Gulf News, 11th Oct 2021

Emaar Malls gets regulator approval for Emaar Malls’ re-merger
Gulf News, 6th Sep 2021

Emaar's property sales could hit $5.8bn in 2021
The National, 2nd Sep 2021

Emaar Development’s log a whopping 46% rise in H1-2021 net profits at Dh1.51b
Gulf News, 11th Aug 2021

Emaar to complete merger with retail unit by year end
Construction Week, 8th Jul 2021

Dubai developer Emaar Properties expects buyout of retail arm by year-end
Gulf News, 8th Jul 2021

Dubai's Emaar Properties set for $500m debt offer with 3.7% annual return
Gulf News, 1st Jul 2021

In pics: Emaar partners with Lamborghini to launch luxury villas at Dubai Hills …
Gulf Business, 1st Jul 2021

Emaar expects about $2.2bn in earnings this year
The National, 29th Jun 2021

Dubai developer Emaar is sounding out investors on $2b debt programme
Gulf News, 28th Jun 2021

Emaar Properties plans to issue benchmark sukuk as Dubai real estate market impr…
The National, 28th Jun 2021

Another new super-tall tower in Dubai – Il Primo – gets topped out in Opera Dist…
Gulf News, 17th Jun 2021

Dubai’s Emaar adds new contract clause after project delays
Gulf Business, 10th Jun 2021

Emaar's January-May property sales surge 250% on Dubai rebound
Arabian Business, 6th Jun 2021

Emaar Properties reports property sales of USD 1.937 bn in Q1 of 2021
Construction Business News, 16th May 2021

Emaar Properties' profit rises 8% on double-digit revenue growth
The National, 10th May 2021

Emaar reports 2020 property sales of Dh10 billion, appoints a woman to its board
Gulf News, 11th Apr 2021

Emaar Development delivers property sales of Dh6.308b
Khaleej Times, 14th Feb 2021

Address Sky View hotel sold to US hospitality group
Hotelier Middle East, 7th Jan 2021

Look: This Dubai hotel tower gets a Dh750m+ bill
Gulf News, 4th Jan 2021

Emaar Development appoints new chairman
Gulf News, 26th Dec 2020

Emaar is not launching any new projects for now
Gulf News, 7th Dec 2020

Dubai’s Largest Developer Halts New Projects as Glut Hits Values
Bloomberg, 7th Dec 2020

Emaar fares better in villa, apartment segments amid slump
Arabian Business, 16th Nov 2020

Emaar Development delivers property sales of Dh4.3b
Khaleej Times, 11th Nov 2020

Emaar Properties sees drops in first-half 2020 sales, profits
Gulf News, 12th Aug 2020

Emaar’s Burj Crown scheduled for October 2023 completion
Construction Week, 14th Jul 2020

Emaar Properties highlights robust 2019 performance at 24th AGM
Construction Week, 23rd Jun 2020

Dubai’s Emaar stalls work on key projects – report
Gulf Business, 7th Apr 2020

Emaar records Dh6.2b in 2019 net profit
Gulf News, 12th Feb 2020

Emaar reveals plan to create one of Dubai's 'most desirable addresses'
Arabian Business, 9th Jan 2020

Views at Burj Khalifa to be sold? Emaar denies international report
Gulf News, 25th Dec 2019

Dubai’s holiday home operators take on Emaar
Gulf News, 13th Dec 2019

In pictures: Dubai's Emaar reveals $6.8bn The Valley community
Arabian Business, 19th Nov 2019

Revealed: first details of Emaar's The Valley mega project
Arabian Business, 18th Nov 2019

Emaar Properties sees profits rise 20% in Q3 on higher sales
Arabian Business, 10th Nov 2019

Emaar's Dubai home sales up 125% so far in 2019
Arabian Business, 6th Nov 2019

Emaar to launch blockchain-based rewards and loyalty platform
The National, 17th Oct 2019

Emaar opens first cafe in Dubai Mall
Gulf Business, 24th Sep 2019

Emaar ban will not hold: DTCM rules in favour of holiday home owners
Gulf News, 18th Sep 2019

Emaar buys remaining 35% of resort developer Mirage for $18m
Arabian Business, 19th Aug 2019

H1 2019 sales at Dubai’s Emaar Properties climbs 52% to $2.6bn
Construction Week, 13th Aug 2019

Emaar Development sees 24% decline in profits
Gulf News, 5th Aug 2019

Emaar Properties profits slide 4% as revenues fall
Gulf News, 4th Aug 2019

Emaar launches fifth phase of Expo Golf Villas
Khaleej Times, 24th Jul 2019

Emaar to build first 3D printed home in Dubai’s Arabian Ranches III
Dubai Media Office, 19th Jul 2019

Emaar Properties accounts for one-third of Dubai deals in first half of 2019
Arabian Business, 16th Jul 2019

New homes revealed in Dubai's Riviera-style coastal project
Arabian Business, 13th Jul 2019

DAE repurchases shares held by Emaar Properties
Emirates 24|7, 27th Jun 2019

Emaar breaks ground on Arabian Ranches III
Construction Business News, 21st May 2019

Construction commences on Emaar's Arabian Ranches III in Dubai
Gulf News, 21st May 2019

Emaar Development records 51% growth in sales
Gulf News, 6th May 2019

Emaar confirms Elie Saab design partnership at Dubai project
Arabian Business, 5th May 2019

Emaar Properties records one of the highest quarterly sales in Q1 2019 of AED 5.…
Construction Business News, 5th May 2019

Emaar, DP World partner to launch $7bn Riviera-style development
Arabian Business, 2nd May 2019

New Dubai Creek Harbour waterfront homes revealed
Arabian Business, 30th Apr 2019

Emaar chief hails shareholders after approving $290m dividend
Arabian Business, 23rd Apr 2019

Emaar Properties to propose 15 fils dividend
The National, 20th Apr 2019

Emaar expected to deliver Elie Saab tower by May 2023
Arabian Business, 7th Apr 2019

Dubai property developer Emaar to deliver Dh1.07 billion payout to investors
Gulf News, 20th Mar 2019

Dubai's Emaar reveals second launch in new Arabian Ranches III project
Arabian Business, 14th Mar 2019

Emaar launches new Arabian Ranches project in Dubai
Arabian Business, 25th Feb 2019

Emaar 2018 full-year profit jumps 30 per cent beating analysts' estimates
The National, 14th Feb 2019

Emaar completes Dh2.2bn hotels sale deal
The National, 13th Feb 2019

Emaar’s Dh2.2bn hotel sales deal to be reflected in first quarter earnings
The National, 20th Dec 2018

Emaar Properties third quarter profit plunges 29% on higher cost
The National, 14th Nov 2018

Emaar Development nine-month net profit rises 19%
The National, 13th Nov 2018

Dubai’s Emaar sets aside Mira units for gov’t staff
Arabian Business, 30th Apr 2013

Marina apartments quickly find buyers
Gulf News, 10th Nov 2000

Emaar Properties Dubai Projects

Emaar Properties is associated with the following real estate projects in Dubai:

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