Category: Community

  • ELIE SAAB at Emaar Beachfront has an array of lifestyle amenities and offers super views of the Arabian Sea overlooking The Palm

 

Dubai, UAE; April 5, 2019: Luxury has a new destination: ELIE SAAB at Emaar Beachfront, a gated island destination in Dubai, was unveiled today at Dubai Opera by Mohamed Alabbar, Chairman of Emaar, and Elie Saab, founder and Chairman of ELIE SAAB Group.

Emaar, the global developer, is partnering for the first time with the renowned fashion designer for the new residential development. Reflecting the innate elegance and exceptional detailing that sets Elie Saab apart in the global fashion world, the sumptuous residences will reflect the luxurious heritage of ELIE SAAB’s style and signature.

Announcing the partnership, Mohamed Alabbar said: “Elie Saab is the pride of the Arab world, and a fascinating international success story. Through our first association with Elie Saab, admired by the world’s leading celebrities, we are offering discerning customers a new lifestyle address. Every aspect of these glamourous residences is personally designed by Elie Saab, who brings his rare genius and aesthetics to create a new architectural and lifestyle expression. It is our honour to be associated with him.”

Elie Saab said: “We are delighted to collaborate with Emaar and Mohamed Alabbar on this new project. Over the years, ELIE SAAB has evolved into a lifestyle brand, through the development of diversified product categories that deliver a unique experience of the brand’s universe. Through this new collaboration, brought by Emaar, leaders and experts in real estate, ELIE SAAB is confident that its aim at extending the brand experience into home and interiors will be a granted success.”

In addition to 1 to 3-bedroom apartments, the tower with interiors by ELIE SAAB at Emaar Beachfront will have an exquisite collection of ELIE SAAB four-bedroom penthouses – overlooking the Arabian Sea, The Palm and Dubai Marina.

Designed to celebrate the 1930 Art Deco era, the tower serves as a subtle landmark of elegance and composure. It will set itself apart in height, profile, and its inherent link to fashion and style. Ground level boutique fashion stores, galleries and cafes as well as lobbies designed by ELIE SAAB promote the feeling of luxury.

Every aspect of the project including the interiors, penthouse design, lobbies, glazing, and art work is carefully chosen to reinforce the overall character of the design.

Inspired by chic Miami lifestyle, an amenity pool deck located at the 8th level, ensures superb views and privacy from the promenade. The deck will be terraced and landscaped to provide a retreat for residents with flowing fabric shading, warm tones, and Art Deco inspired form and detail. Furthermore, an infinity edge swimming pool facing the Palms, gym and recreational facilities add to the quality of life and are designed for haute living.

ELIE SAAB at Emaar Beachfront enjoys an exclusive island lifestyle overlooking the sea and the Palm offering a private beach, private marina, and several sport and resort-style facilities for a wholesome lifestyle. Emaar Beachfront can be effortlessly accessed from Sheikh Zayed Road, Dubai Marina and The Palm.

Owners of these select units will also have the choice to get a private consultation from the ELIE SAAB design team on purchasing furniture for their premium units.

For more details, visit the Emaar Sales Centres in Downtown Dubai; Dubai Creek Harbour Sales Centre in Ras Al Khor; Dubai Hills Estate Sales Pavilion located on Umm Suqeim Road; the Emaar South Sales Centre on the DWC Peripheral Road in Dubai South; and the Abu Dhabi Sales Centre on the ground floor of Al Nahda Tower on 4th Street, Al Muroor Road. The sales centres are open from Sat. to Thurs., 9.30am to 7pm, and on Fri. from 2pm to 7pm in all locations except the Abu Dhabi Sales Centre. Alternatively, call 800 36227 (UAE) or +9714 3661688 (International); or email: sales_enquiry@emaar.ae.

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 51,800 residential units in Dubai and other global markets since 2002. Emaar has strong recurring revenue generating assets with over 915,000 square metres of leasing revenue generating assets and 19 hotels and resorts with 3,939 rooms. Today, around 40 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 largest shopping and entertainment destination, are among Emaar’s trophy developments. Emaar has now launched, 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: https://www.emaar.com/

Follow us: www.facebook.com/emaardubai; www.twitter.com/emaardubai; www.instagram.com/emaardubai

About ELIE SAAB:

One of the world’s leading names in Haute Couture and a red carpet favourite, Elie Saab take inspiration from both Paris and Beirut, where his ateliers of craftsmen are based. He first launched his eponymous label with his Haute Couture line in 1982 in Beirut at the age of 18 expanding soon after into ready-to-wear and accessories, with each collection displaying the innate elegance and femininity for which he is renowned. Today, ELIE SAAB is a lifestyle brand, accompanying woman in every moment in her life, with a presence of flagships and points of sale spread globally and a wide range of product lines to cater to the many enthusiasts of ELIE SAAB aesthetics. www.eliesaab.com

For more information:

Kelly Home | Nivine William

ASDA’A BCW | +9714 4507 600

kelly.home@bcw-global.com | nivine.william@bcw-global.com

Address Downtown - World Leading Luxury City Hotel

On March 30, from 8.30pm for one hour, Emaar’s communities will join people around the world to observe Earth Hour by switching off all non-essential lights.

Earth Hour is World Wildlife Fund’s (WWF) landmark movement that unites people to show their commitment to the planet.

Emaar has urged all residents across its master-planned communities to join in observing Earth Hour and contribute to energy conservation and the world’s efforts to fight climate change.

Residents can also support the #Connect2Earth movement by posting visuals and sharing experiences on Emaar’s social media platforms including Twitter, Facebook and Instagram.

In addition to switching off non-essential lights in the residential neighbourhoods, Emaar will also mark Earth Hour across its hotels, leisure clubs, malls and general areas, with only functional lighting to be operated.

During Earth Hour, the regular LED shows on Burj Khalifa will not be held with all lights including the LED screen, lasers and frame lights to be switched off.

Earth Hour is WWF’s global environmental movement. Born in Sydney in 2007, Earth Hour has grown to become the world’s largest grassroots movement for the environment, inspiring individuals, communities, businesses and organisations in more than 180 countries and territories to take tangible climate and environmental action for over a decade.

For more information, please contact:

Kelly Home | Nivine William

ASDA’A BCW

+971 4 4507 600

kelly.home@bcw-global.com | nivine.william@bcw-global.com

  • Downtown Dubai will be home to more than 400 stars in the first phase, as Emaar launches ‘Dubai Stars,’ a walkable tribute to stars and influencers from all over the world, along Sheikh Mohammed Bin Rashid Boulevard
  • Dubai Stars will create a new attraction for tourists with 98% of all tourists to the city already visiting Downtown Dubai for its famed attractions including Burj Khalifa, The Dubai Mall, The Dubai Fountain and Dubai Opera 
  • With Emaar already serving customers of 200 nationalities, Dubai Stars will host stars from all over the world
  • Dubai Stars will pay tribute to eminent personalities who have positively influenced the world through their work in various fields including music, film, art, architecture, sports, and literature as well as social influencers
  • Dubai Stars will kick off with a global online campaign asking people to nominate the first 400 stars who have made positive contribution to the world through their work in music, film, art, architecture, sports, and literature as well as social influencers 

 

Dubai, UAE; March 18, 2019:Emaar, the biggest lifestyle developer outside China, the developer of Burj Khalifa, The Dubai Mall, Dubai Opera, The Dubai Fountain and many thriving communities, including Downtown Dubai, has announced ‘Dubai Stars,’ a walk of fame saluting stars and influencers from all over the world.

The project will kick off with a global social campaign asking people from all over the world to nominate their favourite celebrities and influencers for the first 400 stars to be featured at Dubai Stars.

The first phase of Dubai Stars, set along the Sheikh Mohammed Bin Rashid Boulevard, in Downtown Dubai, will be unveiled in October at a mega event to be attended by the 400 featured celebrities who will launch their respective star.

Further underlining Downtown Dubai as the main tourist destination in Dubai, and Emaar as the provider of memorable, world-class lifestyle experiences, Dubai Stars will pay tribute to eminent personalities who have positively influenced the world through their work in various fields including music, film, art, architecture, sports, and literature as well as social influencers.

Dubai Stars at its completion will have over 10,000 stars, about four times the number of stars than Hollywood walk of Fame. 

Ahmad Al Matrooshi, Managing Director of Emaar Properties: “Emaar takes pride in ensuring the best lifestyle experience for both residents and visitors to Dubai. With Dubai Stars we are further highlighting our commitment to making Dubai the best city in the world, and to promoting arts, culture and sports by saluting the stars, whose contributions continue to inspire the world.”

Dubai Stars by Emaar is billed to become one of the most-visited tourist attractions that will appeal to guests from around the world for the diversity of celebrities to be featured.

https://www.facebook.com/TheDubaiStars/?ref=bookmarks

https://twitter.com/TheDubaiStars

https://www.instagram.com/The.Dubai.Stars/

 

 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 51,800 residential units in Dubai and other global markets since 2002. Emaar has strong recurring revenue generating assets with over 915,000 square metres of leasing revenue generating assets and 19 hotels and resorts with 3,939 rooms. Today, around 40 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 largest shopping and entertainment destination, are among Emaar’s trophy developments. Emaar has now launched, 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 https://www.emaar.com/

Follow us: www.facebook.com/emaardubai; www.twitter.com/emaardubai; www.instagram.com/emaardubai

 For more information:

Kelly Home | Nivine William

ASDA’A BCW

+9714 4507 600

kelly.home@bcw-global.com | nivine.william@bcw-global.com

  • JOY townhouses are designed to delight the family with amenities including splash pad, hammocks, an outdoor cinema and an adventure-themed children’s play area
  • Arabian Ranches III promotes an active lifestyle and family wellness with exceptional attractions including a lazy river and outdoor sports facilities
  • Five entry points around the neighbourhood offering easy access; within a half-hour travelling distance of Downtown Dubai, Dubai International Airport, Al Maktoum International Airport and the Expo 2020 Dubai site, amongst others

 

Dubai, UAE; March 11, 2019: Following the overwhelming sales response to the launch of the first residential community in the new Arabian Ranches III, Emaar Development has announced the launch of JOY townhouses in the new master-planned community that promotes a happy and healthy lifestyle.

Located next to the established Arabian Ranches neighbourhood, Arabian Ranches III is defined by several exceptional features including a central park, a 4 km long boulevard, a lazy river, a wide choice of outdoor sports facilities, community parks with play areas for children, as well as wellness and sports facilities for all. The central park has a central plaza, lawns, adventure zones, parkour course, skate park, barbeque areas, gymnasium, jogging tracks and a cricket pitch, among other facilities.

The three- and four-bedrooms JOY townhouses are available in three design types. In modern, contemporary architectural styles, the homes are spacious, naturally-lit and overlook green lawns and parks. Exclusive features of the new townhouse community include splash pads, hammocks and an adventure-themed children’s play area. Residents can also access cycling tracks, a retail strip, a clubhouse and community centre, a mosque as well as reputed schools and healthcare facilities in close proximity.

A number of leisure attractions await residents with access to the golfing facilities at Arabian Ranches Golf Club and the Dubai Equestrian and Polo Club. Arabian Ranches III is also directly connected to the 86-kilometre long Al Qudra Cycling Track.

Located centrally, Arabian Ranches III is in half-hour travelling distance of Downtown Dubai, Dubai International Airport, Al Maktoum International Airport and the Expo 2020 Dubai site, and the Global Village and Sheikh Hamdan Sports Centre are only five minutes away.

For more details on JOY townhouses in Arabian Ranches lll, visit the Emaar Sales Centres in Downtown Dubai; Dubai Creek Harbour Sales Centre in Ras Al Khor; Dubai Hills Estate Sales Pavilion located on Umm Suqeim Road; the Emaar South Sales Centre on the DWC Peripheral Road in Dubai South; and the Abu Dhabi Sales Centre on the ground floor of Al Nahda Tower on 4th Street, Al Muroor Road. The sales centres are open from Sat. to Thurs., 9.30am to 7pm, and on Fri. from 2pm to 7pm in all locations except the Abu Dhabi Sales Centre. Alternatively, call 800 36227 (UAE) or +9714 3661688 (International); or email: sales_enquiry@emaar.ae.

 For more information:

Kelly Home | Nivine William

ASDA’A BCW

+9714 4507 600

kelly.home@bcw-global.com | nivine.william@bcw-global.com

Dubai, UAE; March 11, 2019: Emaar Group is marking an industry-first by leveraging the significant potential of blockchain technology with plans to offer the Emaar community token for customers and partners by the end of this year.

This highlights Emaar’s intense focus on innovation and providing the most complete experience to drive customer service, loyalty and referral across its businesses, thereby enhancing customer satisfaction, growth and profitability.

Emaar grew revenues by 37 per cent in 2018 to US$7 billion and its brand value by 39 per cent to US$2.7 billion, placing it among the highest tier brands in the world.

The developer of the iconic Burj Khalifa, The Dubai Mall, Dubai Opera, The Dubai Fountain and premium lifestyle communities is also the world’s largest property company outside China, and the largest by listed market capitalisation in the Middle East and North Africa (MENA) region under the MSCI EM Index. Emaar Properties PJSC, Emaar Malls PJSC and Emaar Development PJSC are listed on the Dubai Financial Market (DFM).

The Emaar community token will allow Emaar’s customers and stakeholders to reap the value of a full referral and loyalty system across the entire group, cementing the global brand and opening the Emaar experience potentially to billions of internet users.

This will be among the first referral and loyalty tokens in the world giving access to an existing operational ecosystem of close to US$10 billion, and an initial coin offering in Europe (ICO) will be considered within 12 months of the internal operational launch of the platform.

Swiss-based Lykke AG is leading the technology build of Emaar’s community token based on the Ethereum blockchain and the ERC20 token framework. The token will be transferable across the entire global Emaar ecosystem, including real estate, malls, hospitality, entertainment, facilities management and online shopping.

Mohamed Alabbar, Chairman of Emaar Properties, said: We continuously strive to expand our reach, strengthen our growth and extend the Emaar experience. We have embraced the digital world even as we continue to build the most advanced and innovative physical structures and we use both to delight and benefit our customers and stakeholders globally. The Emaar community token marks a significant leap in our digital transformation journey.

Richard Olsen, Founder and CEO of Lykke, said: We have developed cutting edge technology infrastructure with mass-market usability to support our core belief that all mobile and internet users should be able to participate in economic activity, regardless of size of contribution. We are thrilled to leverage our experience and expertise to support Emaar’s mission to bring value and utility to millions of users globally.

Note to Editors

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 51,800 residential units in Dubai and other global markets since 2002. Emaar has strong recurring revenue generating assets with over 915,000 square metres of leasing revenue generating assets and 19 hotels and resorts with 3,939 rooms. Today, around 40 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 largest shopping and entertainment destination, are among Emaar’s trophy developments. Emaar has launched 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: https://www.emaar.com/

Follow us: www.facebook.com/emaardubai; www.twitter.com/emaardubai; http://www.instagram.com/emaardubai

About Lykke AG:

Lykke AG was founded and continues to be run by Richard Olsen, one of the early pioneers of the use of blockchain technology, having created asset-backed tokens on the Bitcoin blockchain prior to Ethereum’s creation. Lykke is focused on bringing financial technology to the masses, with users of its mobile app and token exchange platform benefiting from decades of knowledge gained in servicing retail clients globally. Mr Olsen previously founded the first retail-focused foreign exchange platform Oanda in 1995, which was sold to private equity in 2018.

For more information on Lykke AG, 2 Baarerstrasse, 6300 Zug, Switzerland, please visit www.lykke.com

For more information:

Kelly Home | Nivine William

ASDA’A BCW | +9714 4507 600

kelly.home@bcw-global.com | nivine.william@bcw-global.com

A perfect way for your little ones to tap into their creative potential this March, at Emaar’s vibrant Downtown Dubai.

All through March, #MyDowntownDubai vibes will be heartened with a series of fun-filled workshops. Kids between the ages of 3 and 11 will have the opportunity to explore their craft skills and enhance their creative talents.

For some gooey fun, find your little ones a seat at the ‘Slime Making Workshop’ or if your child is a budding artist, take him or her to the ‘3D Art Sculpture’ and ‘Painting’ Workshops. The ‘Quilling Workshop’ is a great place to churn out amazing paper crafts, or if the young creator is interested in getting his or her hands dirty, why not check out the ‘Air Dry Clay Workshop’?

Heard of bendy pipe cleaners? They’re all the rage in the craft world, so do check out the ‘Pipe Cleaner Craft’ workshops for some fuzzy fun. And there’s so much excitement in store at the ‘Glass Painting’, ‘Gardening’, ‘Portrait Cardboard’ and ‘Nail Woodworking’ workshops.

Date: Until March 30, 2019 (Thursday, Friday & Saturday)

Time: 5pm to 10pm

Price: Complimentary for children aged 3 to 11

Where: Downtown Dubai:

Week 1 – Downtown Eats

Week 2 – Burj Plaza

Week 3 – Palace cafe

Week 4 – Downtown Eats

Week 5 – Burj Plaza

For further details:

Kelly Home | Nivine William

ASDA’A BCW

kelly.home@bcw-global.com

nivine.william@bcw-global.com

  • Next to the established Arabian Ranches community, one of the most sought-after neighbourhoods in Dubai
  • A serene getaway in a half-hour radius of Dubai International Airport, Al Maktoum International Airport, the Expo 2020 Dubai site and Downtown Dubai
  • Arabian Ranches III promotes a healthy lifestyle with a wide range of outdoor sports facilities including a parkour course, skate park, cricket pitch, jogging track and more

 

Dubai, UAE; February 25, 2019: Emaar Development today unveiled Arabian Ranches III, a secure gated townhouse neighbourhood. The new masterplanned community offers a happy lifestyle with a central park spanning an area of over 30,000 square metres (about 7.5 acres), a 4 km long boulevard, community parks with an extensive choice of play areas for children, as well as wellness and sports facilities for all.

The lush-green neighbourhood also features a lazy river, cycling tracks, a retail strip, a clubhouse and community centre, a mosque as well as reputed schools and healthcare facilities in close proximity. The central park serves as a hub for recreation and socialising with a central plaza, lawns, adventure zones, parkour course, skate park, barbeque areas, gymnasium, jogging tracks and a cricket pitch, among other facilities. Arabian Ranches III also offers a direct connection to the 86-kilometre long Al Qudra Cycling Track, while the 42-metre-wide boulevard loop promotes a pedestrian-friendly healthy lifestyle.

Residents can also access the golfing facilities at the Arabian Ranches Golf Course and hone their equestrian and polo skills at the Dubai Polo & Equestrian Club.

Arabian Ranches III is effortlessly accessible to all key business and leisure destinations in the city. It is in half-hour travelling distance of Downtown Dubai, Dubai International Airport, Al Maktoum International Airport and the Expo 2020 Dubai site, while the Global Village and Sheikh Hamdan Sports Centre are only five minutes away.  The masterplan will be served by a Metro link in the future.

Arabian Ranches III will feature 3 and 4-bedroom townhouses. Recreating the happy lifestyle of Arabian Ranches – which has high ratings in the residents Happiness Score, the new townhouse community will be the most desirable destination for families.

For moredetails on the launch of Arabian Ranches lll on February 25, 2019, visit the Emaar Sales Centres in Downtown Dubai; Dubai Creek Harbour Sales Centre in Ras Al Khor; Dubai Hills Estate Sales Pavilion located on Umm Suqeim Road; the Emaar South Sales Centre on the DWC Peripheral Road in Dubai South; and the Abu Dhabi Sales Centre on the ground floor of Al Nahda Tower on 4th Street, Al Muroor Road. The sales centres are open from Sat. to Thurs., 9.30am to 7pm, and on Fri. from 2pm to 7pm in all locations except the Abu Dhabi Sales Centre. Alternatively, call 800 36227 (UAE) or +9714 3661688 (International); or email: sales_enquiry@emaar.ae.

 For more information:

Kelly Home | Nivine William

ASDA’A BCW | +9714 4507 600

kelly.home@bcw-global.com | nivine.william@bcw-global.com

Dubai, UAE; February 14, 2019: Emaar Properties PJSC (DFM: EMAAR) has reported a net profit of AED 7.216 billion (US$ 1.965 billion) in 2018, a 30 per cent increase over the net profit of AED 5.561 billion (US$ 1.514 billion) in 2017, prior to considering the effect of the IPO of Emaar Development and forex movement. Revenue in 2018 was AED 25.694 billion (US$ 6.995 billion), a growth of 37 per cent over FY 2017 revenue of AED 18.752 billion (US$ 5.105 billion).

During the fourth quarter (October to December) 2018, Emaar’s revenue was AED 8.304 billion (US$ 2.261 billion), 53 per cent higher than the Q4 2017 revenue of AED 5.432 billion (US$ 1.479 billion). Net profit in Q4 2018 was AED 1.954 billion (US$ 532 million), 34 per cent higher than the net profit of AED 1.456 billion (US$ 396 million) in Q4 2017, prior to considering the effect of the IPO of Emaar Development and forex movement.

Dividend

In 2018, Emaar Properties distributed an exceptional dividend of AED 4 billion (US$ 1.089 billion) from the proceeds of Emaar Development IPO, highlighting the company’s commitment to delivering sustained value. Emaar Malls and Emaar Development too distributed a cash dividend of AED 1.301 billion ($354 million) and special (interim) dividend of AED 1.040 billion (US$ 283 million) respectively in 2018.

Mohamed Alabbar, Chairman of Emaar Properties, said: “Our strategy for 2018 was to launch and build premium real estate assets that gained strong investor response from regional and international markets. We also expanded our malls business to be relevant to changing customer aspirations, highlighted by the expansion of The Dubai Mall and the launch of Dubai Square. In the hospitality business, we aim to be asset-light and focus more on our operational strengths. With digital transformation and building an ownership mindset driving our growth, we will continue to create long-term value for our shareholders.”

Key Performance Highlights

To date, Emaar has handed over more than 51,800 residential units in Dubai and other international markets. More than 29,800 residences are under development in the UAE and over 17,500 units in global markets.

In premium property development, Emaar launched world-class residences in Dubai Creek Harbour, Dubai Hills Estate, Emaar Beachfront, Emaar South, Downtown Dubai and Arabian Ranches during 2018. The first homes in Dubai Creek Harbour will be handed over this year, while Dubai Hills Estate is also coming to life with the opening of the Dubai Hills Golf Club.

The robust growth of Emaar in 2018 was supported by the positive performance of Emaar Development (DFM: EMAARDEV), the UAE build-to-sale property development business majority-owned by Emaar as well as by Emaar Malls (DFM: EMAARMALLS).

Emaar Development

Emaar Development’s total revenue in 2018 was AED 15.433 billion (US$ 4.202 billion), a growth of 74 per cent over FY 2017 revenue of AED 8.863 billion (US$ 2.413 billion). Highlighting the strong investor interest for Emaar’s residential launches, Emaar reported total sales of AED 14.394 billion (US$ 3.919 billion) in UAE during 2018. Emaar now has a sales backlog of AED 36.454 billion (US$ 9.925 billion) in UAE to be recognised as revenue in the next three to four years.

Emaar Malls

Emaar Malls posted FY 2018 revenue of AED 4.446 billion (US$ 1.210 billion), an increase of 23 per cent, compared to FY 2017 revenue of AED 3.629 billion (US$ 988 million).

Together, the malls and retail centres of Emaar Malls welcomed 136 million visitors in 2018, 5 per cent higher than FY 2017. Emaar Malls marked the 10thanniversary of The Dubai Mall – underlining its reputation as the world’s most-visited retail and lifestyle destination for the fifth consecutive year.

Hospitality & Entertainment

The hospitality & leisure, entertainment and commercial leasing businesses of Emaar together recorded revenue of AED 2.734 billion (US$ 744 million), in line with FY 2017 revenue of AED 2.722 billion (US$ 741 million). Emaar has also introduced an investment project Rove City Walk in 2018 where guest rooms were offered for sale with revenue share arrangement. The launch was very successful with record sale of AED 154 million (US$ 42 million).

As part of its strategy to be asset-light, Emaar Hospitality Group signed definitive documentation with Abu Dhabi National Hotels to divest its entire economic interest in a portfolio of five hotels in Dubai. In 2018, the group’s hotel brands – Address Hotels + Resorts, and Vida Hotels and Resorts continued to record higher occupancy than Dubai’s industry average.

International Business

Emaar’s international business operations were equally strong in 2018, contributing 12 per cent to the total revenue. Revenue from overseas operations was AED 3.081 billion (US$ 839 million).

The No 1 listed developer by market capitalisation in the MENA region under MSCI EM Index, Emaar has a landbank of over 1.6 billion square feet in key markets. Today, Emaar is the world’s largest property company outside China, with a brand value of over US$ 2.7 billion. Emaar is also among the top 10 brands in the Middle East, with its brand value increasing by 39 per cent over 2017.

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 51,800 residential units in Dubai and other global markets since 2002. Emaar has strong recurring revenue generating assets with over 915,000 square metres of leasing revenue generating assets and 19 hotels and resorts with 3,939 rooms. Today, around 40 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 largest shopping and entertainment destination, are among Emaar’s trophy developments. Emaar has now launched, 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

Follow us: www.facebook.com/emaardubai; www.twitter.com/emaardubai; www.instagram.com/emaardubai

For more information:

Kelly Home | Nivine William

ASDA’A BCW | +9714 4507 600

kelly.home@bcw-global.com| nivine.william@bcw-global.com

  • Phase I and Phase II of Expo Golf Villas recorded overwhelming customer response driven by the competitive price point, superb location and excellent build standards of Emaar
  • Phase III has a limited collection of 3 and 4-bedroom premium villas, priced from just AED 999,888 and offered with an easy five-year payment plan
  • Expo Golf Villas are only 7 minutes from the Al Maktoum International Airport, 10 minutes to the Expo 2020 Dubai site and located next to an 18-hole championship golf course

 

Dubai, UAE; February 11, 2019: Customers have another opportunity to buy the most sought-after villas in Dubai in Emaar South, the green golf course mega-development located only 10 minutes from the Expo 2020 Dubai site and seven minutes from the Al Maktoum International Airport.

Following the sell-out response to the launch of its first two phases, Emaar has now unveiled Phase III of Expo Golf Villas, a limited collection of three and four-bedroom premium villas located right next to an 18-hole championship golf course.

Now among the most in-demand villas in the city, the Expo Golf Villas Phase III assure strong return on investment and long-term value appreciation, with research by KPMG and the American National Association of Realtors proving that golf courses have historically boosted the value of nearby properties by as much as 20 per cent.

The Expo Golf Villas Phase III are competitive with prices starting form AED 999,888 and customers having the convenient payment plan, with the monthly installments to be paid over an extended duration of five years.

Residents of Expo Golf Villas will become part of a thriving residential community with Emaar set to hand over the first homes in Emaar South this year. The homes are ideally suited for professionals working in the various business hubs in Dubai South including the Aviation District, Logistics District, Business Park, Exhibition District and Humanitarian District. Only 30 minutes from Jebel Ali Free Zone and 50 minutes from Abu Dhabi, the villas will also serve the requirements of entrepreneurs and professionals who prefer a serene lifestyle in a green setting.

Nestled alongside the Main Boulevard of Emaar South, Expo Golf Villa residents will have access to several amenities including a fully equipped gym, an outdoor swimming pool, kids’ playing area, a community centre and an array of parks and walkways that promote a healthy and active lifestyle.

At 110 to 140 sqm in size, every villa is finished in a muted neutral palette to match the interior design choice of the customer. With an abundance of natural sunlight, the bright and airy homes are ideal to create those perfect family moments.

For more details on Phase III of Expo Golf Villas, visit the Emaar South Sales Centre on the DWC Peripheral Road in Dubai South; Emaar Sales Centres in Downtown Dubai; Dubai Creek Harbour Sales Centre in Ras Al Khor; Dubai Hills Estate Sales Pavilion located on Umm Suqeim Road; and the Abu Dhabi Sales Centre on the ground floor of Al Nahda Tower on 4th Street, Al Muroor Road. The sales centres are open from Sat. to Thurs., 9.30am to 7pm, and on Fri. from 2pm to 7pm in all locations except the Abu Dhabi Sales Centre. Alternatively, call 800 36227 (UAE) or +9714 3661688 (International); or email: sales_enquiry@emaar.ae.

For more information:

Kelly Home | Nivine William

ASDA’A BCW

+9714 4507 600

kelly.home@bcw-global.com | nivine.william@bcw-global.com

A highlight of the celebration is the special laser and LED shows on the iconic Burj Khalifa on February 4, 5 and 6, every day at 8pm. You can also watch your wishes on the Burj Khalifa LED screen by posting them on Emaar’s Twitter handle – @emaardubai – with the hashtag #EMAARCNY2019.

Burj Khalifa Shows

Highlighting the cultural relations between the UAE and China fostered by the visit of Chinese President Xi Jinping last year, the LED show on Burj Khalifa starts with visual renditions of a Chinese boy decorating a peach blossom and hanging a lantern on the tree as part of the Chinese New Year decoration. He is then joined by an Emirati boy.

The Chinese boy and family visit the Emirati home and present red envelopes, just as a lion dance takes centerstage, and the two children follow the lion – from The Dubai Fountain to Burj Khalifa. The show concludes with Happy Chinese New Year written in Chinese, English and Arabic.

There are a number of other activations to mark the occasion in Downtown Dubai including Chinese-themed roaming performances along Burj Plaza and Sheikh Mohammed bin Rashid Boulevard as well as special themed shows of The Dubai Fountain.

The Dubai Mall

The Dubai Mall will host ‘China Art’, until February 10, which brings to life some authentic art forms from China. The Fashion Avenue Dome will feature a Chinese Giving Tree with envelopes enclosing vouches from retailers.

There will be chess and mahjong play areas and a Chinese musician performing live. Roaming Chinese entertainment will add to the joy of visitors, who will also be presented with red envelopes and Chinese New Year headbands.

All Emaar Entertainment attractions are also geared up for the celebration. Visitors who log on to their Alipay accounts using The Dubai Mall – Alipay Wi-Fi network can get discounted tickets to Dubai Aquarium & Underwater Zoo, KidZania, VR Park and Dubai Ice Rink.

At VR Park, Alipay users will get double bonus credit on Pay and Play packages, while Dubai Aquarium & Underwater Zoo will offer the Explorer Ticket for only AED 90 as against the usual price of AED 135 as well as a 25 per cent off on the VIP experience. At KidZania, Alipay users get a 50 per cent off on the Economy Ticket, and Dubai Ice Rink will treat with a 50 per cent discount on any skate session. To be illuminated in red light, the ice rink will also host skating shows. Chinese New Year headbands will also be distributed to the visitors.

Witness glimpses of the traditional dragon dance performance, as the specialised divers at Dubai Aquarium & Underwater Zoo perform an underwater lion dance. A special dragon dance performance by the Skate Academy has also been organised at the Dubai Ice Rink. To further mark the occasion, Reel Cinemas will be distributing free popcorn vouchers with the purchase of a movie ticket.

Food choices galore

Restaurants at the various hotels in Downtown Dubai are offering sumptuous treats too. At Thiptara in Palace Downtown, a four-course set menu of Chinese-inspired dishes including vegetable dim sum, duck spring rolls and black pepper lobster, will be the highlight, while Ewaan showcases a sumptuous seafood buffet featuring Chinese delicacies and lunar New Year puddings along with special live station ranging from noodles to dim sum. A specially curated dragon dance also waits for you to celebrate the Chinese New Year in style. Unwind with a Chinese-inspired Afternoon Tea at Al Bayt offering a selection of specialty teas and coffees accompanied by Chinese cake, matha azuki roll and fortune cookies, as you listen to the soothing sounds of a live harpist.

Western tradition meets modernism at the visually-vibrant afternoon tea experience that awaits you at the Address Boulevard. Relish an afternoon with loved ones and ring in the new year with Chinese New Year’s special afternoon tea served at The Lounge of Address Boulevard. Indulge in sweet and savoury delights all placed in an exquisite chest of drawers along with a selection of soothing herbal teas and coffees.

Address Downtown’s signature dining venue, The Restaurant will serve a special three-course menu of themed delicacies to uplift the occasion with a touch of authenticity and remarkable culinary finesse. Exquisite Chinese Afternoon Tea experience from February 4 to 6, 2019 is also on offer at The Lounge. Furthermore, majestically situated on Level 63 of the hotel, NEOS sets an exceptional stage for Chinese New Year’s festivities with 50% off all food and beverage from 5pm to 8pm every day.

Make this Chinese New Year extra special only at Downtown Dubai.

• What: Chinese New Year Celebrations

• Where: Downtown Dubai

• When: Until February 10, 2019

For more information:

Kelly Home | Nivine William

ASDA’A BCW

+9714 4507 600

kelly.home@bcw-global.com | nivine.william@bcw-global.com