Company Name: Emaar Properties
CEO: Mohamed Alabbar
Founded: Year 1997
About EMAAR Properties:
Emaar Properties Group was established in the year 1997 in Dubai, UAE. The renowned real estate development company that brands itself as the ‘pioneer for master planned communities’ is managed by Mr. Mohamed Alabba.. Emaar is a Public Joint Stock Company that has a record in Financial Marketing in Dubai. The company holds good character and reputation and have been esteemed with great respect through their numerous of achievements and accomplishments in every project they handle. Today, Emaar has extended its expertise in developing master-planned communities internationally and has significant presence in several key global markets. Simultaneously, the company has developed competencies in hospitality & leisure, as well as shopping malls & retail. Emaar’s world-class project development projects are evident in its iconic assets in Dubai and other international markets. Downtown Dubai is Emaar’s flagship development which is now the world’s most visited lifestyle destination. The 500-acre neighbourhood is home to the iconic Burj Khalifa, The Dubai Mall and The Dubai Fountain. Meanwhile, among Emaar’s established communities include Arabian Ranches, Emirates Living, and Dubai Marina.
Vision of EMAAR Properties:
“Emaar’s Group views to be the market leader in real-estate development through providing valuable and quality lifestyle in its region”
Mission of EMAAR Properties:
“Emaar is committed to create and deliver valuable and quality lifestyle through innovation, entrenched knowledge and expertise, and a value-centric approach, which aims to guarantee our client full satisfaction”
History of EMAAR Properties:
Emaar Properties Group was founded in the year 1997. Within a year, the company has begun to develop one of the most ambitious projects not only in the UAE, but in different parts of the world. Emaar has projects in Downtown Dubai, which includes the tallest building in the world Burj Khalifa, The Dubai Mall and many other residential complexes.
- In the year 1999, the construction of the residential areas of Emirates Hills now Dubai Hills Estate was started.
- In year 2000, the construction of Dubai Marina was started, now is one of the most beautiful and fashionable areas of Dubai.
- In the spring of year 2001 the company has begun the construction of Gold and Diamond Park shopping mall.
- In year 2002, Emaar Properties was able to create the luxurious villa community which includes Arabian Ranches.
- The announcement of the construction of the Dubai Mall and Burj Khalifa happened by the year 2003.
- In year 2008 the famous shopping center of Dubai Mall was officially opened, and so was its famous dancing fountains.