Emaar Properties
Emaar Properties (or simply Emaar) is an Emirati multinational real estate development company located in the United Arab Emirates. It is a public joint-stock company, listed on the Dubai Financial Market, and has a valuation of US$16.8 billion as of August 2023 against the Net Asset Valuation of US$37.6 billion (AED 138.1B) as of December 2022 based on the valuation of assets done by third party valuer. With six business segments and 60 active companies, Emaar has collective presence in 36 markets across the Middle East, North Africa, Asia, Europe and North America.
Company type | Public |
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Traded as | DFM: EMAAR |
Industry | Real estate |
Founded | 1997 |
Founder | Mohamed Alabbar |
Headquarters | , United Arab Emirates |
Key people |
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Services | Commercial and residential property development |
Revenue | US$8.500 billion |
Net income | 6,777,915,000 United Arab Emirates dirham (2017) |
Total assets | 112,751,930,000 United Arab Emirates dirham (2017) |
Number of employees | 6,600 |
Subsidiaries | Emaar Developments, Memaar Building Systems, Emaar International, Emaar Hospitality, Emaar Malls, Emaar Hotels & Resorts, Emaar Retail, Emaar Community Management, Emaar Technologies, Emaar Industries and Investment, OBC El-Wigh Dubai, OBC El-Wigh India, Amlak Finance, Emaar Investment Holdings, Hamptons International Emaar India |
Website | www |
Emaar Properties Dubai is one of the largest real estate developers in the UAE and is known for various large-scale projects, such as developing Burj Khalifa, the tallest building in the world.