Emaar Properties is a real estate development company in the United Arab Emirates (UAE). Established in 1997, the company has already showed its competence and expertise by developing several residential properties, shopping malls, retail areas, hospitality and leisure centres. The company has especially gained fame by developing Burj Khalifa, the tallest building in the world to date.
Emaar has a significant international presence too and is currently running operations in several countries. Below are listed Emaar’s significant off-plan projects in key global markets:
BeitMisk – Emaar builds BeitMisk, a residential community that is more than 655,000 sq m and combines 13 plots. It resides in the Northern Metn region, offering beautiful views of the capital city of Beirut and the Mediterranean.
Mixed with contemporary and traditional Lebanese styles, BeitMisk features excellent design with architectural concepts that are in harmony with nature. With the first homes in BeitMisk handed over to customers, Emaar is on track to complete the remaining phases of the project. Emaar has already completed and handed over 20% of the project. Its second phase, which is Misk Town, is estimated to be completed in June 2016.
Emaar International is involved in the development of Samarah Dead Sea Resort, a first-class resort style residential community standing overlooking the Dead Sea.
Samarah Dead Sea Resort – Owned by The Dead Sea Touristic and Real Estate Company and invested by a group of regional and Jordanian investors alongside Emaar Properties. The resort style community that thrives on the Dead Sea’s touristic appeal is going to change the country’s development model.
The first phase of the project with 203 luxury residential units and the Samarah Mall has been made open to public in 2014. The developers have plans to complete the next phase by 2019.
Emaar is operating in Egypt as Emaar Misr, a well-reputed and big real estate company in the country. It is currently working on three projects:
Uptown Cairo – It is a community of luxurious residential villages with a town centre, golf course, mall, business park, resorts and other modern amenities. With the Emaar Square at its centre, the community spreads over 4.5 million sq meters.
Mivida – Spread about 3.8 million sq meters, it is a residential development that features smart and cost-effective homes.
Marassi – Located on Sidi Abdel Rahman and Alamein, it is a tourist resort project that holds an area of 1,544-acre. It features villas, townhouses, apartments, golf course, lagoons, hotels, a marina and much more.
Emaar Saudi Arabia (ME)
Emaar operates as Emaar Middle East in Saudi Arabia and is involved in the development of communities – Jeddah Gate and Al Khobar Lakes – and residences – Makkah Clock Tower.
Jeddah Gate – is standing in the new downtown of Jeddah and spreads over 400,000 sq m of land. Emaar has already handed over the first residential development – Abraj Al Hilal 1 – to buyers. Its estimated completion year is 2020.
Al Khobar Lakes –is a luxury lakefront development in the Eastern Province. The community features more than 2,000 private villas that are ideal for family living. Emaar has already handed over the residences taking over 2.6 million sq m.
Makkah Clock Tower – Located in the Haram Plaza, the Holy City of Makkah, the development offers views of the Holy Kaaba and Haram. Launched in August 2010, the project is expected to be completed in 2020.
King Abdullah Economic City – Emaar is also developing this dynamic city hub that features residential projects, commercial offices, industrial zone, a port, educational institutions and leisure attractions. The 168 million sq m development is located on the Red Sea coast. The entire city is expected to be fully completed by 2020.
The projects by Emaar in Morocco are:
The Hattan Villas –is a master-planned community that has 55 elite designer villas and a green golf environment.
Amelkis Resorts – consists of an area of more than 3 million sq m and flaunting the design work of Cabell B. Robinson, the residential community stands on the heart of the Marrakech Palm Grove.
Tinja – located on the outskirts of Tangier and Ibn Battouta International Airport, the project features four unique communities that offer a wide selection of lifestyle choices for both buyers and investors.
Emaar established a foothold in Syria with the development of the project The Eighth Gate, which features a rare combination of modern amenities and local heritage.The Eighth Gate – Combined with three distinct zones, the project has everything for leading a modern lifestyle – residential apartments, a shopping mall, plaza, commercial tower, and al fresco dining options. Emaar has already handed over the first lot of commercial buildings of the project that is located in Damascus, the capital of the country.
Emaar has already established itself as a reputed developer in the Turkish real estate market. The projects of the company are:
Tuscan Valley – Already handed over to customers, the Tuscan Valley communities will give people a glimpse of authentic Tuscan culture with its 493 deluxe apartments, villas, and townhouses. Located in Büyükçekmece, the western part of Istanbul, it offers wonderful views of the Marmara Sea and Büyükçekmece Lake.
Emaar Square –is still a project under development that is scheduled to feature more than 1,000 luxury rooms, a modern shopping mall, and a 5-star Address hotel.
Emaar makes its mark on the Pakistan real estate market with two flagship projects:
Canyon Views – located in Islamabad, it is a residential community that features Mirador villas and single-family Alma townhouses and includes amenities such as parks, mosques, community clubhouses and more. The company has already started handing homes over in Mirador villas.
Crescent Bay – located in Karachi, the project celebrates wonderful architectural styles and offers seafront views. The 108-acre complex includes mid-rise residential buildings, high rise towers, a 5-star beach hotel, offices, and a shopping centre. The project was supposed to be completed in 2015 but it is still under construction.
Emaar’s number of projects in India is the highest among all of their international communities. In a joint venture with MGF Developments, the company is currently involved in 27 projects ; these range from a mix of residential, commercial, hospitality, and retail ventures.
All of Emaar’s residential communities are located in important cities such as Chennai, Hyderabad, Mohali, Gurgaon, Jaipur, Indore, and others. These projects are far away from the hustle and bustle of busy city life but provide hassle-free connectivity to different business districts.
Below is a list of current Emaar projects in India:
The Palm Springs (completed in November 2007)
The Enclave (completed in December 2012)
Digital Greens (completed in December 2012)
Palm Terraces (completed in September 2011)
Palm Terraces Select (completed in December 2012)
Commonwealth Games Village Delhi
Emerald Hills (completed in January 2012)
The Palm Drive (completed in January 2008)
Palm Hills (completed in February 2012)
Palm Gardens (completed in December 2013)
Marbella (completed in May 2011)
Gurgaon Greens (completed in February 2013)
Imperial Gardens (expected to be completed in December 2016)
Esplanade (completed in February 2009)
The Avenues at Esplanade
Grace (set to be completed by April 2017)
Mohali Hills (completed in December 2011)
The Capital Tower 1 at Downtown (completed in August 2014)
Emerald Plaza (completed in March 2013)
The Palm Square (completed in December 2009)
The Palm Springs Plaza (completed in November 2007)
Central Plaza, Mohali
Emaar expands its business to the United States with a project that screams unparalleled standards – Beverly West.
Beverley West – is a project that combines three residential communities and features 35 exclusive residences. Located amidst the Los Angeles Country Club, the residential units are equipped with all the modern amenities including a boardroom, swimming pool, fitness centre and more.