EMAAR Properties
Biggest pool of developers in Dubai
About:
Emaar Properties is one of the leading property developers in the UAE. Established in 1997 to contribute to the construction sector in the country, the company mainly focuses on the development of luxury properties worldwide. Over the years, Emaar has built a number of residential, commercial and hospitality projects. Despite its international presence, the main location of activity is still the United Arab Emirates, more specifically Dubai and Abu Dhabi. Emaar Properties is listed on the Dubai Financial Market as a Public Joint Stock Company. The company has its headquarters in Dubai.
Actual projects
Emaar Properties was founded by Mohamed Alabbar. The former chairman was widely involved in tourism and construction before founding the company. He was a director of Al Khaleej Investments in Singapore and even an economic adviser to the Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum. His indispensable experience has enabled the company to go international and succeed in its biggest projects, such as the Burj Khalifa. Mohamed Alabbar is currently the Managing Director of the company as of 2021. The board now consists of Jamal Bin Theniyah as Chairman and Ahmed Jawa as Vice Chairman. The CEO of the company is Amit Jain. In 2004 the company went international by establishing Emaar International LLC. As of now Emaar Properties has over 60 subsidiaries and is operating in more than 36 different markets in North America, Europe, North Africa and the Middle East. The company has projects on different stages in such countries as Turkey, Egypt, India, Saudi Arabia, Morocco, Syria, Pakistan and the United States. Some of the well-known projects include Jeddah Gate in Saudi Arabia, Beit Misk in Lebanon, Tuscan Valley in Turkey and Samarah Dead Sea Resort in Jordan. In 2015 Emaar Properties expanded its developments to Bahrain and Nigeria.
Actual projects
Dubai: A Premier Destination for Families in the UAE
Dubai stands out as an exceptional family-friendly emirate in the UAE, renowned for its commitment to safety, quality of life, and a nurturing environment for families. This thriving city boasts a world-class social infrastructure comprising international schools, kindergartens, esteemed universities, and top-tier healthcare facilities. Furthermore, Dubai offers an array of engaging activities for children of all ages, ranging from educational centers like KidZania to iconic attractions like The Dubai Mall's Oceanarium, water parks, ski resorts, and virtual reality experiences.
With over 90% of its population consisting of expatriates, Dubai has become a magnet for individuals and families seeking an optimal blend of living, working, and business opportunities. Many young professionals are now choosing to relocate with their families, drawn by the ease of balancing a career in the UAE with family life.
Notably, Dubai's urban landscape has been evolving to become increasingly family-centric. Developers are creating integrated communities that provide a comprehensive living experience for families. These communities feature essential amenities within close proximity, such as kindergartens, schools, parks, sports facilities, and play areas, all thoughtfully incorporated to enhance the quality of family life. Below, we delve deeper into what makes Dubai an ideal choice for families considering relocation.
Long-term or short-term rental
I'm considering renting out my one-bedroom apartment, and I'm wondering whether a long-term or short-term rental would be more advantageous?
To generate passive income, one can explore the option of renting real estate in Dubai, which includes both short-term and long-term rental opportunities. Short-term rentals can yield substantial profits but come with the drawback of potential vacant periods, particularly during the off-season. In contrast, long-term rentals offer a more consistent income stream, albeit at a lower daily rate.Published: 2024.10.18LearnMore
Dubai sights – where to go and what to see in 2022
Dubai is a popular tourist destination known for its warm climate, beautiful beaches, and world-class entertainment. In addition to famous landmarks like the Burj Khalifa and The Dubai Mall, the emirate offers a wide range of leisure options for visitors.
