• A visionary masterpiece where luxury meets unprecedented equestrian living

Dubai, United Arab Emirates – 23 April 2025: The world’s leading real estate developer, Emaar, has unveiled its newest masterplan, Grand Polo Club & Resort – a collection of exclusive luxury villa communities with polo and equestrian heritage at its core. Spanning a sprawling 5.54 million SqM and strategically located minutes away from the upcoming expansion of Al Maktoum International Airport, this visionary masterpiece is set to establish a new standard of residential experience.

It is also surrounded by other Emaar masterplans such as The Oasis and The Heights Country Club & Wellness, while being a few minutes’ drive from Emaar South, Dubai Marina, and Downtown.

Comprising 22 villa communities and over 6,600 exclusive residences, the game of polo and a passion for all things equestrian form the heart of this new destination. At the centre of this master community lies “The Green Core,” which consists of three expansive polo fields, private stables, a riding school, and a luxurious clubhouse.

“By using landscape berms and expansive lawns, The Green Core was created to foster a harmonious environment that emphasises the beauty of the exclusive equestrian experiences it offers. Positioned at the heart of the masterplan, it enhances the aesthetic appeal while promoting a sense of community and connection to nature,” said a spokesperson from Emaar Development.

The landscape narrative is an equestrian journey that traverses through a multi-sensory environment, offering surprises at every turn and creating an everlasting memory as you glide through moments of grandeur.

With a total open space amounting to 1.59 million SqM, the landscape plan is further segmented into pedestrian and cycling networks, riding trails, countryside meadows, and outer pastures. The polo fields and stables occupy an impressive 340,000 SqM combined.

The Clubhouse is crafted for an ultra-luxury guest and spectator experience. This single-storey building is a modern marvel that draws inspiration from both global and local architectural excellence. A fundamental element of the Clubhouse design is the custom-made clay breeze blocks, derived from the horseshoe, which stand out distinctively on the façades. With a rooftop infinity pool overlooking the fields and swanky F&B options, this hospitality destination will be Dubai’s newest sought-after scene.

The Stables are an architectural gem inspired by spiral geometric control. The organic design encircles a large, landscaped courtyard with a stunning water feature. This iconic design is set to become a significant global landmark in the equestrian realm. Able to accommodate 180 horses, the Stables also feature a plush members’ lounge.

“Circular elements were used to convey expansiveness, frame important landscape moments, and incorporate water features that create a playful, inviting scenery,” added the Emaar Development spokesperson.

Regal residences at Grand Polo Club & Resort range from 3-, 4- and 5-bedroom exclusive villas with views, connectivity, and spaces where light and air engage in thematic play throughout. While some homes allow you to wake up to the energy of horses and the vastness of horizontal greens, others place you in close proximity to key amenities such as linear parks, countryside meadows, outer pastures, the community centre, clubhouse, and more.

Here, seamless landscapes are envisioned to offer a contemporary take on classic polo grounds. Inspired by natural elements and the textures of soil, this new masterplan is set to define the monumentality of the vision.

As Emaar continues to shape the future of luxury living, this new residential community is a thoughtfully designed homage to the heritage of the spectacular game of polo and the equestrian-loving fellowship. Grand Polo Club & Resort is crafted to harness the free spirit and speed of the horse. This is where equestrian opulence reaches far beyond imagination.

-Ends-

Note to editors:

About Emaar Development PJSC:

Emaar Development is a developer of prime residential and commercial build-to-sell (BTS) assets in the UAE. The company is behind iconic freehold master-planned communities in Dubai, including Emirates Living, Downtown Dubai, Dubai Marina, Arabian Ranches, Dubai Creek Harbour, Dubai Hills Estate, Emaar South, Rashid Yachts & Marina, The Valley and The Oasis. It has delivered 74,000+ residential units since 2002. The company has a sales backlog of over AED 90.9 billion. It is a high cash flow generating business, highlighting the company’s robust fundamentals with over 42,000 residential units under development to be delivered.

For more information, please visit https://properties.emaar.com/en/investor-relations/emaar-properties-pjsc/

For more information and media queries:

PR@emaar.ae

  • A Celebration of Flavours, Fashion & Entertainment from 7th to 29th March

Dubai, United Arab Emirates – March 6, 2025: Dubai Creek Harbour (DCH) is set to host a vibrant popup activation, Ramadan Nights by the Creek, from 7th to 29th March, offering a dynamic mix of food, homegrown and international brands, live entertainment, and kids’ workshops. This special event promises to be a highlight of the Ramadan season, creating a welcoming atmosphere for families and friends alike.

Located at the stunning Dubai Creek Harbour Promenade, Ramadan Nights by the Creek offers visitors a unique and captivating experience. With its breathtaking views and colourful ambiance, the event combines traditional charm with contemporary attractions, making it a must-visit destination.

At the heart of the event is an exceptional culinary journey, featuring a diverse selection of beloved cafes and restaurants. Renowned brands such as Arabica, Ladurée, Cult Matcha by Trio, Khudri & Chai Al Weekend, Amaya, Feels, and Luna Coffee will present their signature offerings through vibrant food stalls, serving everything from artisanal coffee and gourmet desserts to authentic local dishes, ensuring a feast for every palate.

Beyond the food, attendees will have the opportunity to explore a curated marketplace featuring an array of homegrown brands and international favourites. Fashion and beauty enthusiasts can browse carefully selected collections from brands like Al Aneeqah Style and Dakhoon, offering elegant Emirati pieces that add a touch of sophistication to the occasion.

Adding to the bustling atmosphere, Ramadan Nights by the Creek will feature live performances, as well as interactive kids’ workshops, offering young visitors exciting and creative activities for a truly engaging experience for all ages.

Running daily from 8:00 PM to 3:00 AM, Ramadan Nights by the Creek invites guests to enjoy a delightful evening of gourmet flavours, stylish shopping, and lively entertainment, making it the perfect destination for a memorable night out.

-Ends-


Note to Editors:

About Emaar Properties
Emaar Properties PJSC, listed on the Dubai Financial Market, is a global property developer and provider of premium lifestyles, with a significant presence in the Middle East, North Africa, and Asia. One of the world’s largest real estate companies, Emaar has a land bank of ~1.7 billion sq. ft. in the UAE and key international markets.

With a proven track-record in delivery, Emaar has delivered over 118,400 residential units in Dubai and other global markets since 2002. Emaar has strong recurring revenue-generating assets with approx. 1.4 million sq. mtr. of leasing revenue-generating assets and 38 hotels and resorts with around 9,200 keys (includes owned as well as managed hotels). Today, 34 percent of Emaar’s revenue is from its shopping malls, hospitality, leisure, entertainment, commercial leasing, and international businesses.

Burj Khalifa, a global icon, Dubai Mall, the world’s most-visited retail and lifestyle destination, and Dubai Fountain, the world’s largest performing fountain, are among Emaar’s trophy destinations.

Follow Emaar on:
Facebook: www.facebook.com/emaardubai; X:www.twitter.com/emaardubai; Instagram: www.instagram.com/emaardubai

For all media queries, please contact: PR@emaar.ae

  • Emaar Properties and DWTC join forces to form a joint venture to develop Expo Living, a new urban community in the heart of Dubai South
  • Terra Heights, the first residential phase, is now open for launch, offering one- and two-bedroom apartments with open layouts and views of green courtyards.
  • Spanning 451,295 square metres, the joint venture integrates residential units with retail and hospitality, including Expo Mall.
  • Aligned with Dubai’s 2040 Urban Plan, Expo Living integrates sustainable practices to enhance well-being and urban living.

Dubai, UAE – 14 November 2024: Emaar Properties and Dubai World Trade Centre (DWTC) have established a joint venture to develop Expo Living, a new residential lifestyle community at Expo City Dubai. Expo Living, a thoughtfully designed urban community will offer a modern lifestyle for residents seeking seamless connectivity, exceptional experiences, and serene living spaces. Terra Heights, the first residential phase of Expo Living, is now open for launch.

Expo Living’s strategic location ensures easy access to key destinations, placing residents just a 15-minute walk from Expo City and Dubai Exhibition Centre, which is set for an AED10 billion expansion that will increase the exhibition space from 58,000 sqm to 180,000 sqm by 2031, making it the largest indoor exhibition and events destination in the region, while being a short drive from Dubai’s upcoming mega gateway, Al Maktoum International Airport.

Emaar Properties and DWTC’s shared vision for the Expo Living development covers a total area of 451,295 square metres, including 358,473 square metres of residential spaces, complemented by Dubai Expo Mall, a contemporary shopping destination offering a curated selection of retail, dining, and leisure options.

Green parks, landscaped courtyards, and a variety of fitness facilities form the heart of the community, creating a balance between relaxation and social interaction. Residents can unwind at the yoga deck, enjoy the outdoor pools, or gather with friends at barbecue areas. With easy access to global events at Expo City and Dubai Exhibition Centre, Expo Living offers a seamless blend of dynamic urban life and serene living.

“Expo Living reflects our focus on creating places where people can connect, grow, and thrive,” said Mr Ahmed Al Matrooshi, Executive Director, Emaar Properties. “Its location, right next to Expo City and minutes from Al Maktoum International Airport, puts residents in the centre of its all. Whether for work, travel, or leisure, everything is within easy reach. With well-planned amenities and a design that encourages community living, Expo Living makes balancing the fast pace of Dubai with moment of peace effortless.”

“The joint venture between DWTC and Emaar Properties represents a significant step forward in expanding and enriching the vibrant, integrated community of Expo City Dubai”, said Amer Al Farsi, Acting Vice President of Real Estate Development at Dubai World Trade Centre. “This flagship development, together with Dubai Exhibition Centre and Expo Village, aligns with the Dubai 2040 Urban Master Plan to create a premier residential community within this urban hub, setting a new benchmark for connected and innovative urban living.”

Expo Living aligns with Dubai’s 2040 Urban Plan by integrating sustainable design elements that promote environmental responsibility and community well-being. Residents benefit from a balanced environment where retail, hospitality, and residential spaces are harmoniously connected.

Expo Living embodies the future of urban living—connecting residents to local and global opportunities while offering a lifestyle rooted in balance, sustainability, and well-being.

 

– END –

About Emaar Properties

Emaar Properties PJSC, listed on the Dubai Financial Market, is a global property developer and provider of premium lifestyles, with a significant presence in the Middle East, North Africa, and Asia. One of the world’s largest real estate companies, Emaar has a land bank of over 1.7 billion sq. ft. in the UAE and key international markets.

With a proven track-record in delivery, Emaar has delivered approx. 117,000 residential units in Dubai and other global markets since 2002. Emaar has strong recurring revenue-generating assets with approx. 1.4 million sq. mtr. of leasing revenue-generating assets and 38 hotels and resorts with around 9,200 keys (includes owned as well as managed hotels). Today, 36 percent of Emaar’s revenue is from its shopping malls, hospitality, leisure, entertainment, commercial leasing, and international businesses.

Burj Khalifa, a global icon, Dubai Mall, the world’s most-visited retail and lifestyle destination, and Dubai Fountain, the world’s largest performing fountain, are among Emaar’s trophy destinations.

Follow Emaar on:
Facebook: www.facebook.com/emaardubai; X:www.twitter.com/emaardubai; Instagram: www.instagram.com/emaardubai

For all media queries, please contact: PR@emaar.ae

About Dubai World Trade Centre (DWTC)

A global business facilitator since 1979, Dubai World Trade Centre (DWTC) is home to the region’s leading purpose-built convention and exhibition centre. DWTC provides a platform for connecting people, products, innovation and ideas from around the world through a dynamic calendar of international trade exhibitions and its own roster of sector leading mega events. As a designated free zone, complemented by award-winning commercial real estate, DWTC plays an integral role in Dubai and the region’s growth story. Since its inauguration, DWTC has hosted over 6,000 events, with an estimated economic output of AED 248 billion, attracting over 38 million business visitors to Dubai.

Building on this legacy, DWTC’s second flagship venue, the Dubai Exhibition Centre (DEC), stands as a premier destination for prominent national and international mega events. Strategically aligned with the Dubai 2040 Urban Master Plan, DEC’s recently announced AED 10 billion expansion is integral to Expo City Dubai’s vision of becoming a global business hub for exhibitions and events. Additionally, developed and managed by DWTC for Expo 2020 Dubai, Expo Village hosts a vibrant residential community with 2,273 units across four clusters, also integrated within the Expo City Dubai ecosystem.

For more information, please contact: media@dwtc.com

  • Revenue increased by 30% to AED 23.8 billion (US$ 6.5 billion) and Net profit before tax grew by 24% to AED 12.4 billion (US$ 3.4 billion) in 9M-2024 compared to 9M-2023

Dubai, United Arab Emirates – November 11, 2024: Emaar Properties PJSC (DFM: EMAAR) has announced its financial results for the first nine months of 2024, showcasing consistent growth and operational efficiency across its diverse business segments.

Key Performance Highlights

Emaar recorded total revenues of AED 23.8 billion (US$ 6.5 billion) and a net profit before tax of AED 12.4 billion (US$ 3.4 billion), achieving growth of 30% and 24% over the same period last year. Driven by robust demand in Dubai’s real estate market, consistent project execution capabilities, and sustained investor confidence, our remarkable performance is further bolstered by continued growth in Dubai tourism and retail sales. Emaar’s strategy to improve profit margins and optimise operational efficiencies resulted in Emaar achieving a 17% growth in EBITDA, reaching AED 12.6 billion (US$ 3.4 billion) in the first nine months of 2024. This growth is underpinned by Emaar’s commitment to delivering premium projects and experiences, enhancing value for both its customers and stakeholders.

Emaar’s momentum of property sales continued and reached AED 50 billion (US$ 13.6 billion) in the first nine months of 2024, a growth of 60% compared to the same period last year. This sales performance further expanded the company’s revenue backlog from property sales to over AED 100 billion (US$ 27.2 billion) at the end of September 2024, up 45% from September 2023 and 12% from June 2024. This backlog will be recognized as revenue over the next 4-5 years, indicating sustained profitability.

Commenting on the performance, Mohamed Alabbar, stated: “Our consistent performance in the first nine months of 2024 is a testament to our ability to adapt and thrive in an ever-changing global market. By investing in key locations and launching innovative projects, we continue to redefine luxury living and elevate the lifestyle experience for our customers. As we look forward to the remainder of the year, we are focused on leveraging our strengths to seize new opportunities and drive sustainable growth across all our business segments.”

UAE Build-To-Sell Property Development

Emaar Development PJSC (DFM: EMAARDEV), a majority-owned subsidiary, successfully launched 50 projects across various masterplans and recorded the highest-ever property sales of AED 48 billion (US$ 13.1 billion) in the first nine months of 2024, achieving a growth of 66% over the same period last year (9M-2023).

Emaar Development continued its strong financial performance in Q3 2024 and recorded revenue of AED 12.5 billion (US$ 3.4 billion) and an EBITDA of AED 6 billion (US$ 1.6 billion) in the first nine months of 2024, achieving growth of 69% and 35% respectively over 9M-2023. The consolidated revenue of Emaar Properties from its property development business in the UAE during 9M-2024 reached AED 15.4 billion (US$ 4.2 billion), including Dubai Creek Harbour.

With a continued uptrend in real estate sales, the backlog of Emaar from property sales in the UAE has reached AED 93.8 billion (US$ 25.5 billion), 51% higher than December 2023, which will be recognised as revenue in the coming years.

Shopping Malls and Commercial Leasing

Malls and commercial leasing operations of Emaar achieved revenue of AED 4.2 billion (US$ 1.1 billion) and an EBITDA of AED 3.5 billion (US$ 953 million) in the first nine months of 2024 (9M-2024). During the period, the retail sales performance of our tenants has also witnessed growth of over 6% compared to the same period last year. Emaar Malls prime assets boast occupancy of over 99% as of 30 September 2024.

In June 2024, Emaar Malls announced an AED 1.5 billion (US$ 408 million) investment to expand Dubai Mall, introducing 240 new shops. The expansion is expected to attract more visitors and will feature a variety of new international and local luxury retail and F&B options.

Dubai Mall achieved a milestone in 2023, becoming the most visited place on Earth with 105 million visitors and recording very strong retail sales. This momentum continued into the first nine months of 2024, with the mall receiving a record 82 million visitors, marking an over 6% increase from the same period last year.

Emaar International

In the first nine months of 2024, Emaar’s international real estate operations recorded property sales of AED 1.9 billion (US$ 517 million) and revenues of AED 1.6 billion (US$ 436 million) during the first nine months of 2024, primarily driven by operations in Egypt and India. Revenues from international operations represented 7% of Emaar’s total revenue.

Hospitality, Leisure, and Entertainment

In the first nine months of 2024, Emaar’s hospitality, leisure, and entertainment divisions recorded revenues of AED 2.6 billion (US$ 708 million) for the first nine months of 2024, achieving a 7% growth compared to the same period last year. The performance was driven by the steady growth in the tourism industry and strong domestic spending. Emaar’s UAE hotels, including those under management, reported an average occupancy of 77% in the first nine months of 2024.

Recurring Revenue

Emaar’s recurring revenue-generating portfolio, including malls, hospitality, leisure, entertainment, and commercial leasing, collectively generated revenues of AED 6.8 billion (US$ 1.8 billion) during the first nine months of 2024. This revenue represents 29% of Emaar’s total revenue, reflecting the stability and resilience of Emaar’s diversified business model.

-Ends-

Note to Editors:

About Emaar Properties

Emaar Properties PJSC, listed on the Dubai Financial Market, is a global property developer and provider of premium lifestyles, with a significant presence in the Middle East, North Africa, and Asia. One of the world’s largest real estate companies, Emaar has a land bank of over 1.7 billion sq. ft. in the UAE and key international markets.

With a proven track-record in delivery, Emaar has delivered approx. 117,000 residential units in Dubai and other global markets since 2002. Emaar has strong recurring revenue-generating assets with approx. 1.4 million sq. mtr. of leasing revenue-generating assets and 38 hotels and resorts with around 9,200 keys (includes owned as well as managed hotels). Today, 36 percent of Emaar’s revenue is from its shopping malls, hospitality, leisure, entertainment, commercial leasing, and international businesses.

Burj Khalifa, a global icon, Dubai Mall, the world’s most-visited retail and lifestyle destination, and Dubai Fountain, the world’s largest performing fountain, are among Emaar’s trophy destinations.

Follow Emaar on:
Facebook: www.facebook.com/emaardubai; X:www.twitter.com/emaardubai; Instagram: www.instagram.com/emaardubai

For all media queries, please contact:
Emaar Marketing Department; Email: PR@emaar.ae

Exploring New Heights in Urban Living and Architectural Innovation:

• Emaar Announces an Innovative Music, Fire, and Colour Plaza at Dubai Square
• Emaar finalises plans for a versatile multimedia fountain plaza at Dubai Square.
• The plaza will feature vibrant displays of dancing music, colours, and fire, transforming into a lively social space when inactive.
• Emaar is in discussions with a leading Chinese tech firm specialising in iconic music and fire features to develop this state-of-the-art plaza.

Dubai, United Arab Emirates – [Date], 2024: Emaar Properties has revealed its plans for The Music, Colour, and Fire Plaza at Dubai Square in Dubai Creek Harbour. This innovative addition highlights Dubai’s commitment to cutting-edge design and creating remarkable urban experiences.

Surrounding the upcoming Dubai Creek Tower, the plaza will feature a mesmerising display of fire, vibrant colours, and synchronised music. When inactive, this distinctive addition will transform the plaza into a lively public space inviting visitors to walk and engage with their surroundings. The design ensures the area remains functional and accessible when the Music feature is deactivated, offering a dynamic and versatile experience for all.

Emaar is in discussions with a leading Chinese technology company, known for its expertise in creating iconic Music and Fire features, to develop this pioneering plaza. This partnership aims to blend artistry with technology, delivering an unparalleled experience.

Announcing this groundbreaking feature, Mohamed Alabbar said, “Dubai Creek Tower is more than a landmark; it’s a hub for community interaction. The Music, Colour, and Fire Plaza, with its advanced technology, embodies our commitment to enhancing Dubai’s landscape through innovative design. Emaar is committed to pushing the boundaries of innovation and excellence, reinforcing Dubai’s position as a global pioneer in urban development and setting a new standard for cities worldwide.”

Dubai Creek Tower is part of the expansive Dubai Creek Harbour project, a meticulously planned urban development encompassing 7.4 million square metres of residential space and 500,000 square metres of gardens and open areas. The project includes pedestrian-friendly streets, diverse retail options, commercial spaces, entertainment venues, and premium facilities.

The development also emphasises sustainability, incorporating the Ras Al Khor Wildlife Sanctuary, a key ecological site in the UAE. Dubai Creek Harbour offers a range of modern real estate options, including apartments, duplexes, and penthouses, all reflecting the contemporary architectural style of Dubai Creek’s waterfront.

-ENDS-

Note to Editors:

About Emaar Properties

Emaar Properties PJSC, listed on the Dubai Financial Market, is a global property developer and provider of premium lifestyles, with a significant presence in the Middle East, North Africa and Asia. One of the world’s largest real estate companies, Emaar has a land bank over 1.7 billion sq. ft. in the UAE and key international markets.

With a proven track-record in delivery, Emaar has delivered over 109,000 residential units in Dubai and other global markets since 2002. Emaar has strong recurring revenue-generating assets with approx. 1.4 million sq. mtr. of leasing revenue-generating assets and 34 hotels and resorts with over 8,700 keys (includes owned as well as managed hotels). Today, 38% of Emaar’s revenue is from its shopping malls & retail, hospitality & leisure and international subsidiaries.

Burj Khalifa, a global icon, Dubai Mall, the world’s most-visited retail and lifestyle destination, and Dubai Fountain, the world’s largest performing fountain, are among Emaar’s trophy destinations.

Follow Emaar on: Facebook: www.facebook.com/emaardubai, X: www.twitter.com/emaardubai, Instagram: www.instagram.com/emaardubai.

 

For more information:
Emaar Marketing Department

Email: PR@emaar.ae

Reflecting Dubai’s Progressive Vision to Enhance Quality of Life and Promote Well-Being

• Spanning 81 million square feet and valued at AED 55 billion, The Heights Country Club & Wellness emphasises well-being and a holistic approach.
• The project aligns with Dubai Leadership’s progressive vision to enhance the quality of life in the emirate.
• In addition to its chic townhouses and semi-attached villas, the development features a thoughtfully designed wellness centre, parks, ponds, lush greenways, and an overall community-wide country club experience throughout the masterplan.
• Key features include extensive cycling tracks, parks, event plazas, and essential services such as schools, hospitals, mosques, and upscale retail and gourmet dining spaces.

Dubai, UAE, Tuesday, May 21st, 2024: Emaar Properties launched its latest masterpiece development, “The Heights Country Club & Wellness,” with a grand event on May 20th at the Armani Dubai Hotel ballroom. A gathering of VIP guests, investors, and key stakeholders, the event heralded a new chapter in Dubai’s luxury wellness living.

The Heights Country Club & Wellness, which spans 81 million square feet and has a development value of AED 55 billion, is strategically designed to foster an environment of health and well-being, perfectly aligning with Dubai’s leadership’s vision to enhance the quality of life and promote well-being across the emirate.

Combining wellness and convenience, the development boasts a coveted location only 10 minutes from Al Maktoum International Airport. The airport is currently undergoing an expansion that will transform it into a mega gateway to the globe five times its existing size, making it the largest in the world with a capacity to handle 260 million passengers annually.

A meticulously designed wellness centre lies at the heart of the community, surrounded by lush wellness greenways that offer serene pathways winding throughout the area. These features, along with tranquil water bodies, picturesque ponds, a comprehensive network of cycling and jogging tracks, expansive parks, and numerous event plazas, are seamlessly integrated into the 1.3 million square metres of open space, enhancing both the environment and the quality of life for residents.

Mr. Mohamed Alabbar said: “The Heights Country Club & Wellness is our response to Dubai’s progressive vision of promoting well-being. By combining lush landscapes, advanced wellness facilities, and dynamic community spaces, we are creating an environment that goes beyond the typical aspects of luxury living by providing a holistic lifestyle that benefits residents’ physical and mental health.”
“The Heights Country Club & Wellness embodies Emaar’s approach to shaping future lifestyles, inviting everyone to live a life centred on wellness and community”, he added.

The Heights Country Club & Wellness’ residential offerings are a showcase of architectural brilliance, with options to suit a variety of tastes and preferences. Designed to blend seamlessly into the natural environment, the chic townhouses and semi-attached villas combine linear forms with elegant curves, echoing the ebb and flow of nature.

This development not only meets its residents’ basic needs but also provides a comprehensive and convenient lifestyle. The community infrastructure includes schools, hospitals, mosques, and a large retail space with a variety of upscale shopping and dining options.

Situated conveniently to allow easy access to the urban centres of Dubai while providing a serene escape from the city, The Heights Country Club & Wellness invites everyone to a life where well-being and community are at the forefront.

The unveiling of The Heights Country Club & Wellness, aptly described as “Where Life is Well-Lived,” marks a turning point in modern urban real estate, where community well-being and luxury living converge to create a place where every day is filled with tranquillity and a sense of calm and serenity.

-ENDS –

Note to Editors:

About Emaar Properties

Emaar Properties PJSC, listed on the Dubai Financial Market, is a global property developer and provider of premium lifestyles, with a significant presence in the Middle East, North Africa and Asia. One of the world’s largest real estate companies, Emaar has a land bank over 1.7 billion sq. ft. in the UAE and key international markets.

With a proven track-record in delivery, Emaar has delivered over 109,000 residential units in Dubai and other global markets since 2002. Emaar has strong recurring revenue-generating assets with approx. 1.4 million sq. mtr. of leasing revenue-generating assets and 34 hotels and resorts with over 8,700 keys (includes owned as well as managed hotels). Today, 38% of Emaar’s revenue is from its shopping malls & retail, hospitality & leisure and international subsidiaries.

Burj Khalifa, a global icon, Dubai Mall, the world’s most-visited retail and lifestyle destination, and Dubai Fountain, the world’s largest performing fountain, are among Emaar’s trophy destinations.

Follow Emaar on: Facebook: www.facebook.com/emaardubai, X: www.twitter.com/emaardubai, Instagram: www.instagram.com/emaardubai.

For more information:
Emaar Marketing Department

Email: PR@emaar.ae

Emaar holds second day of special zoom conferences with key stakeholders

Emaar chairman Mohamed Alabbar has told real estate brokers to join him in fighting revive the industry, as the UAE gradually eases Covid-19 restrictions.

In the second of a series of calls with key Emaar stakeholders, Alabbar said: “We are in this together and we owe it to the city and to the country to work harder than ever to revive the real estate market.”

Alabbar outlined a series of on-going benefits for UAE real estate investors, and several steps being taken to help stimulate the market.

He said: “You, the agents, are ambassadors for Dubai and the UAE. We will do everything we can to support you with new and out of the box ideas. Whether it is through innovative digital offerings or focusing on the world class infrastructure and connectivity the UAE offers, I urge you today – do not sit still, grab this opportunity and work with us.”

About Emaar Properties PJSC

Emaar Properties PJSC, listed on the Dubai Financial Market, is a global property developer and provider of premium lifestyles, with a significant presence in the Middle East, North Africa and Asia. One of the world’s largest real estate companies, Emaar has a land bank of 1.6 billion sq. ft in the UAE and key international markets.

With a proven track-record in delivery, Emaar has delivered over 56,000 residential units in Dubai and other global markets since 2002. As the second largest developer outside of China, Emaar has strong recurring revenue generating assets with over 880,000 square meters of leasing revenue generating assets and 21 hotels and resorts with 4,679 rooms (includes owned as well as managed hotels). Emaar’s current pipeline of developments includes cutting-edge residential and mixed-use projects such as Dubai Hills Estate, Dubai Creek Harbour, Mina Rashid and Emaar South.

Emaar’s successful track record has been recognized by a number of awarding bodies including Forbes Magazine which in 2019 listed Emaar Properties among the Top 20 in a list of The World’s Best Regarded Companies. This is in addition to placing first in the Forbes Middle East 2017 list of 100 leading real estate companies in the Arab World.

Today, 46 per cent of Emaar’s revenue is from its shopping malls & retail, hospitality & leisure and international subsidiaries. Burj Khalifa, a global icon, and The Dubai Mall, the world’s most visited retail and lifestyle destination, are among Emaar’s trophy developments. Emaar has now announced, Dubai Creek Tower, a magnificent icon that will serve as the centrepiece of the Dubai Creek Harbour development, as well as Dubai Square, the retail metropolis of the future. For more information, please visit our website www.emaar.com

Emaar holds the final session of special virtual conferences with key stakeholders

Emaar chairman Mohamed Alabbar has told the UAE’s leading contractors that they must prepare for a new way of working as the economic activity gradually starts to pick up.

In the final of a special series of virtual conference calls with key stakeholders, Alabbar said: “None of us have faced anything like this before, and as we work together I am confident that as a company and a country we will come out of this crisis. But we must now prepare for a new way of working. There is a new normal, a new dawn, that awaits us.”

He added: “Together, we must look closely at our systems, our productivity, our efficiencies, our technologies. This is the time for us to take stock not just of our great achievements in the past two decades, but how we can continue to develop the UAE’s world class infrastructure, communities and cultures.”

Alabbar also committed to meeting with the contractors once every three months to review the on-going crisis, and to ensure their own stability. He explained: “You have grown with us on this incredible journey as true partners. Now is the time for us to protect you in any way we can, and make sure that both of us are in a strong position to benefit from the recovery that I am certain will come.”

About Emaar Properties PJSC

Emaar Properties PJSC, listed on the Dubai Financial Market, is a global property developer and provider of premium lifestyles, with a significant presence in the Middle East, North Africa and Asia. One of the world’s largest real estate companies, Emaar has a land bank of 1.6 billion sq. ft in the UAE and key international markets.

With a proven track-record in delivery, Emaar has delivered over 56,000 residential units in Dubai and other global markets since 2002. As the second largest developer outside of China, Emaar has strong recurring revenue generating assets with over 880,000 square meters of leasing revenue generating assets and 21 hotels and resorts with 4,679 rooms (includes owned as well as managed hotels). Emaar’s current pipeline of developments includes cutting-edge residential and mixed-use projects such as Dubai Hills Estate, Dubai Creek Harbour, Mina Rashid and Emaar South.

Emaar’s successful track record has been recognized by a number of awarding bodies including Forbes Magazine which in 2019 listed Emaar Properties among the Top 20 in a list of The World’s Best Regarded Companies. This is in addition to placing first in the Forbes Middle East 2017 list of 100 leading real estate companies in the Arab World.

Today, 46 per cent of Emaar’s revenue is from its shopping malls & retail, hospitality & leisure and international subsidiaries. Burj Khalifa, a global icon, and The Dubai Mall, the world’s most visited retail and lifestyle destination, are among Emaar’s trophy developments. Emaar has now announced, Dubai Creek Tower, a magnificent icon that will serve as the centrepiece of the Dubai Creek Harbour development, as well as Dubai Square, the retail metropolis of the future. For more information, please visit our website www.emaar.com

Dubai, United Arab Emirates; February 09, 2020: Emaar Malls (DFM: EMAARMALLS), the shopping malls and retail business majority-owned by Emaar Properties (DFM: EMAAR), recorded a 5 per cent increase in revenue to AED 4.673 billion (US$ 1.272 billion), compared to the 2018, AED 4.446 billion (US$ 1.210 billion). Overall net profit in 2019 amounted to AED 2.286 billion (US$ 622 million), similar to net profit for 2018 of AED 2.230 billion (US$ 607 million).

Revenue grew by 4 per cent to AED 1.261 billion (US$ 343 million) during the last quarter of 2019 (October to December) when compared to same period in 2018.

Namshi

Namshi, the regional e-commerce fashion and lifestyle platform was fully acquired in 2019 by Emaar Malls. The online retailer reported sales in Q4 2019 of AED 339 million (US$ 92 million), an increase of 40 per cent compared to the last quarter of 2018. During 2019, the wholly owned subsidiary of Emaar Malls recorded sales of AED 1.028 billion (US$ 280 million) increasing 21 per cent compared to the previous year. Namshi’s consistent success is attributed to its popular ‘Black November’ campaign and considerable growth in the Saudi market. 

Strong occupancy and footfall

Occupancy levels within Emaar Malls assets – The Dubai Mall, Dubai Marina Mall, Gold & Diamond Park, Souk Al Bahar and the Community Retail Centres – was consistent at 92 per cent. In 2019, there were approximately 136 million visitors collectively with The Dubai Mall maintaining its exceptional performance welcoming 84 million visitors in 2019. 

Engaging loyalty programs across Emaar Malls entities are said to have fueled the growth seen in 2019. Strategic partnerships including the Emirates Skywards programs play a vital role in the Emaar Malls customer engagement strategy.

Commenting on the 2019 performance, Mohamed Alabbar, Chairman of Emaar and Board Member of Emaar Malls, said: “2019 was a great year for Emaar Malls with occupancy and visitor levels growing steadily. This uptick is a result of our continuous innovation as we refresh the customer journey, diversify our portfolio and invest in opportunities to bring our destinations to life. Examples of this include the recently opened Zabeel Extension at The Dubai Mall and the complete acquisition of Namshi, both of which contributed to our achievements in 2019. We expect to see this success continue through 2020, as we focus on loyalty programs to drive repeat visits and open new destinations to welcome inbound tourism driven by Expo 2020.”

Upcoming Assets

In line with the Emaar growth strategy,  Emaar is set to open Dubai Hills Mall in Dubai Hills Estate in Q4 2020. The 2 million square foot retail establishment will feature nearly 550 retail and entertainment destinations including four major family entertainment and leisure centres along with a cineplex, hypermarket, seven anchor retail experience stores, and over 7,000 parking spaces. Emaar Malls is also redeveloping Meadows Village to increase its GLA by approximately 95,000 sq. ft, and is scheduled for completion in 2020, further enhancing its Community Retail Centres.

Emaar Malls has partnered with Time Out Group PLC and is set to open first Time Out Market in the region at Souk Al Bahar, an Arabic-style retail, entertainment and dining destination right at the heart of Downtown Dubai. The unique waterfront location just by The Dubai Fountain and adjacent to The Dubai Mall and Burj Khalifa is one of the region’s prime destinations, attracting millions of visitors each year.

At Time Out Market Dubai, visitors will get to explore and enjoy food from 16 of Dubai’s top chefs and celebrated restaurateurs with three lounges and cultural experiences. The carefully curated lifestyle experience is set to define a new niche for the city and complements the current culinary offering. Emaar Malls is committed to bringing innovative entertainment attractions by working with global partners such as Time Out. With the opening expected in Q4 2020, Time Out Market will occupy 30,000 sq. ft., accommodating around 670 seats.

  • Emaar Hospitality Group officially launches its 8th Address Hotel
  • Launch signifies the 19th hotel opening within the Emaar Hospitality Group Portfolio
  • Evolution of Emaar Hospitality Group’s new strategy encapsulates; asset light, international expansion and announcement of beach resorts

Dubai, United Arab Emirates, January 23rd 2020 – Emaar Hospitality Group celebrated the official opening of its latest project, Address Sky View, in Downtown Dubai.

Held at the hotel’s much anticipated rooftop restaurant, Ce La Vi, Emaar’s Chairman, Mr. Mohamed Alabbar, and Emaar Hospitality Group’s Chief Operating Officer, Chris Newman attended the ceremony and spoke to the company’s past accomplishments and future endeavors.

The Address Sky View opening showcased its importance with the appearance of Mr. Alabbar inaugurating the hotel. The Chairman of Emaar celebrated the four openings across Emaar Hospitality Group in 2019 [VIDA Emirates Hills; June 2019, VIDA Creek Harbour; September 2019, Address Fountain Views; October 2019 and Address Sky View; December 2019] before eluding to the vision for the group in the coming years touching on the new strategic positioning within the hospitality industry; as a hospitality provider, international expansion into Turkey, Saudi Arabia, Bahrain and further into Egypt, becoming asset light and finally the exciting news of their first beach resort openings.

The much anticipated announcement of upcoming projects that will expand Emaar Hospitality Group’s portfolio was also shared. Openings to expect in 2020 include;  the exciting new Address Beach Resorts in Dubai’s Jumeirah Beach, Fujairah, Bahrain and Egypt, Palace Beach Resorts in Sharjah and Fujairah and a VIDA Beach Resort in Umm Al Quwain.

“The opening of Address Sky View marks our 19th hotel in the UAE and is testament to our undoubted commitment to continuously placing Dubai in the frontline of innovative and luxurious destinations for visitors from around the world. Emaar Hospitality Group’s new strategy will only help evolve and introduce the brand to a global audience in other territories” commented Mr. Alabbar.

Featuring majestic views of Burj Khalifa and Downtown Dubai’s unique skyline, Address Sky View is made up of two towers, connected by a floating Sky Bridge in the heart of Downtown Dubai.

The hotel boasts 169 rooms and 551 apartments and a 70-metre long infinity pool. Complete with a range of culinary concepts and eateries, as well as a spa and fitness centers, guests can enjoy the minimalistic yet refined interiors of the hotel.

About Emaar Hospitality Group:
Emaar Hospitality Group LLC is a wholly owned subsidiary of Emaar Properties PJSC, the Dubai-based global property developer, and manages Emaar’s hospitality and leisure projects globally.

Defining its competency in operating mixed-use property developments, Emaar Hospitality Group manages a diversified portfolio of assets including hotels, serviced residences, golf clubs, a polo club, yacht club and lifestyle dining restaurants.

Emaar Hospitality Group has defined its credentials in the hotel industry with the launch of world-class brands, each with a distinct niche – Address Hotels + Resorts and Vida Hotels and Resorts, which are owned by Emaar Hospitality Group and Abu Dhabi National Hotels.

Address Hotels + Resorts has brought a fresh identity to the global hospitality and service sector by setting new benchmarks with its gracious hospitality and exceptional service standards. Address offers a more personal and engaging experience to guests in a premium lifestyle environment, enriching the lives of its guests with luxury, style and elegance. Address Hotels + Resorts is set to operate hotels and serviced residences in Saudi Arabia, Egypt, Turkey, Bahrain, Maldives and other key markets in the region as well as in Dubai.

An upscale lifestyle hotel and residences brand, Vida Hotels and Resorts appeals to the next generation of business executives, entrepreneurs and leisure travellers. Positioned as a lively and vibrant hub where inspiring minds can create, connect and come alive, Vida hotels are a stimulating environment where style meets convenience and interactivity. Vida Hotels and Resorts has two properties in Dubai and is set to operate hotels and serviced residences in Abu Dhabi, Bahrain, Saudi Arabia and Egypt, and other key markets in the region as well as in Dubai.

The leisure assets of Emaar Hospitality Group include Arabian Ranches Golf Club, Dubai Polo & Equestrian Club and Dubai Marina Yacht Club.

About Emaar Properties PJSC:

Emaar Properties PJSC, listed on the Dubai Financial Market, is a global property developer and provider of premium lifestyles, with a significant presence in the Middle East, North Africa and Asia. One of the world’s largest real estate companies, Emaar has a land bank of 1.6 billion sq. ft in the UAE and key international markets.

With a proven track-record in delivery, Emaar has delivered over 56,000 residential units in Dubai and other global markets since 2002. Emaar has strong recurring revenue generating assets with over 880,000 square metres of leasing revenue generating assets and 21 hotels and resorts with 4,679 rooms (includes owned as well as managed hotels). Today, 46 per cent of the Emaar’s revenue is from its shopping malls & retail, hospitality & leisure and international subsidiaries.

Burj Khalifa, a global icon, and The Dubai Mall, the world’s most visited retail and lifestyle destination, are among Emaar’s trophy developments. Emaar has now announced, Dubai Creek Tower, a magnificent icon that will serve as the centrepiece of the Dubai Creek Harbour development, as well as Dubai Square, the retail metropolis of the future. For more information, please visit our website www.emaar.com

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