Emaar Properties - statistics & facts
Owner of the renowned Burj Khalifa, Emaar Properties (Emaar Developments or Emaar) is one of the top real estate brands worldwide, with a year-on-year change in brand value of nearly 30 percent in 2023. Headquartered in Dubai in the United Arab Emirates, it was among the ten most valuable real estate companies worldwide based on brand value that year. Emaar also dominates the Middle Eastern market, where it ranked as the top real estate brand, valued at more than two billion U.S. dollars. It has established properties in real estate, retail and shopping malls, hospitality, and leisure.
With a presence in many countries across MENA and South Asia, the company aims to develop and create retail and leisure assets that are tailored to the demands of the corresponding local markets. Emaar is also pragmatically tailoring its products to address discrete demand segments within local markets, acknowledging the diversity of international markets. India is currently the largest land bank among the company's key global markets, with more than 140 million square feet of gross land area, followed by Egypt. Other real estate brands in the region include Aldar, Damac, and Qatari-based Barwa.
Emaar company
Founded in 1997, Emaar has grown to be one of the most trusted brands in Dubai. Today, the company has a net profit valued at 3.8 billion AED. The real estate segment is the most profitable within the company, with an annual revenue of more than 16 billion AED. Emaar’s entertainment sector has witnessed a significant increase in revenue since 2020, reaching around 1.78 billion AED. Dubai Mall is one of the company’s entertainment sector properties. It is one of the most visited malls in the world, with over 80 million visitors every year, quickly recapturing pre-pandemic traffic levels.With a presence in many countries across MENA and South Asia, the company aims to develop and create retail and leisure assets that are tailored to the demands of the corresponding local markets. Emaar is also pragmatically tailoring its products to address discrete demand segments within local markets, acknowledging the diversity of international markets. India is currently the largest land bank among the company's key global markets, with more than 140 million square feet of gross land area, followed by Egypt. Other real estate brands in the region include Aldar, Damac, and Qatari-based Barwa.
