Emaar

Emaar Properties is one of Dubai’s premier real estate developers, recognized globally for creating landmark projects such as the Burj Khalifa, The Dubai Mall, and major urban communities like Dubai Marina and Downtown Dubai. Over the years, Emaar has played a significant role in shaping Dubai’s skyline and developing master-planned communities that attract both residents and investors from around the world.
Financial Performance and Strategy
In the first half of 2025, Emaar recorded a 33% increase in net profit, reaching AED 7.08 billion. This growth was driven by a 46% surge in property sales, totaling AED 46 billion. The company’s revenue backlog also grew by 62% to AED 146.3 billion. Emaar announced a record AED 8.8 billion dividend payout for 2024, doubling the amount from the previous year. To further improve control over quality, costs, and timelines, Emaar launched its own construction arm, Rukn Mirage, while still outsourcing some projects for flexibility. The company is also reevaluating its international footprint, including exploring the sale of its stake in Indian operations.
Flagship Developments
Dubai Creek Harbour: A waterfront community featuring high-rise residences, a marina, and public spaces. It is home to the planned Dubai Creek Tower, which aims to be an architectural landmark.
Dubai Hills Estate: A master development within Mohammed bin Rashid City offering golf courses, parks, family-friendly neighborhoods, and the Dubai Hills Mall.
Arabian Ranches: A popular gated villa community with golf courses, landscaped areas, and themed residential clusters. The project has expanded into Arabian Ranches II and III.
Emaar Beachfront: A luxury coastal community between Palm Jumeirah and JBR, offering sea-view residences with private beach access.
Upcoming and Notable Projects
The Heights Country Club & Wellness: An 81 million square foot wellness-focused community with townhouses and semi-detached villas surrounded by green spaces.
The Grand Polo Club & Resort: A luxury development featuring polo fields, stables, and resort-style amenities, covering 60 million square feet.
Rashid Yachts & Marina: A waterfront project offering apartments and townhouses with marina access and nautical lifestyle features.
The Oasis by Emaar: A vast lagoon-style community with water-facing villas and mansions.
Elora – The Valley: A residential project focused on green living and eco-friendly design, ideal for families.
Palm Hills and Arabian Ranches III – Elie Saab: High-end villas designed in collaboration with renowned fashion designer Elie Saab.
Creek Beach Developments: Projects like Orchid and Lotus offering waterfront living close to Dubai Creek, with competitive pricing and family-oriented designs.
Emaar plans to launch AED 20 billion worth of new projects in early 2025, ranging from luxury villas to high-rise apartments.
Conclusion
Emaar’s success is built on its ability to balance luxury, livability, and innovation. With strong financial performance, a diverse portfolio, and an ambitious pipeline of developments, the company continues to lead the way in Dubai’s real estate market. Its combination of iconic landmarks, thoughtfully designed communities, and strategic expansion ensures it remains a dominant force in shaping the city’s future.