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The hands behind the hi-tech cities are the developers, who transform the raw into palaces, and Emaar is the no.1 Developers in Dubai that earns a credible reputation. In real estate economics, the contribution of the developers is vital, as they are the ones who engage their expertise and resources to infuse the elements of urbanization.
They turn the rural lows to urban heights, truly defining the term ‘development,’ and developers who transform the desert lands into flourishing cities are beyond praise, like the Emaar Developers in Dubai.
Best Developers in Dubai – EMAAR
The multinational real estate company Emaar Properties was founded by Mohamed Ali Alabbar in 1997, headquartered in Dubai. Emaar is one of the leading MNC Property Developers in Dubai which built the Dubai Mall and the magnificent Burj Khalifa. EMAAR is a brand in the international market that doesn’t need an introduction.
It’s one of the world-renowned developers in Dubai that creates infrastructural marvels, such as shopping and retail malls, residential communities, and commercial buildings, infusing architectural brilliance.
Emaar Real Estate company is listed as one of the top real estate companies in Dubai, having its business operations spread across the world.
Global Presence: EMAAR
- Emaar Misr in Egypt
- Emaar India
- Emaar Pakistan
- Emaar Turkey
- Emaar, Middle East, Saudi Arabia
- Emaar Morocco, a subsidiary of Emaar Properties PJSC
- Emaar Lebanon
- Emaar, United States
Recognition and Developments
Emaar, one of the top real estate developers in Dubai Properties, registers its name in the Guinness World Records, earning the title of Largest LED-Illuminated Façade during the New Year’s Eve celebration in 2015.
It earns many awards and recognitions, the latest being the ‘Best Edutainment Center, Kidzania’ award, ‘Landscape Middle East’ award, ‘Gulf Real Estate’ awards, and many other recognitions.
Fitch, one of the top three credit rating agencies in the world, rates Emaar Developers as ‘Stable – BBB’ for 2023. Emaar is one of the most reputed developers in Dubai and the reputed multinational company with global reputation.
EMAAR, a public joint stock company, is the face behind developing the major infrastructure marvels in Dubai and is known for its freehold master-planned communities. It holds the honour of constructing the majestic Burj Khalifa, Dubai Aquarium, Dubai Ice Rink, and many other significant landmarks; some are listed below. It’s one of the top real estate companies in Dubai.
Some of the famous builds of EMAAR
- The springs souk
- Souk Al Bahar
- Sky Views Dubai
- Reel Cinemas
- Kidzania
- Gold and Diamond Park
- Dubai Opera
- Dubai Marina mall
Emaar’s Performance
One of the premier real estate developers in Dubai, Emaar, recorded a 22% jump in property sales, valuing AED 37.4 billion in 2023, which accounts for the successful launches of 27 real estate projects. The same year, Emaar’s earnings before interest and tax stood at AED 8 billion, marking AED 6.6 billion as the net profit.
One of the best property Developers in Dubai, Emaar, has around AED 57.1 billion in sales backlog, which will inflow as revenue in the years to come.
The Best Property Developers in Dubai – Emaar
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The properties of one of the best real estate developers in Dubai, Emaar, features impactful design, and each project has a unique architectural build.
The Dubai real estate market comprises residential and commercial properties, but off-plan residential properties witness the maximum booking. The immigrants who come to Dubai on long-term assignments find this type of project to be the best property investment option; even international investors outside Dubai find off plan projects in Dubai more profitable.
If you are looking for a residential apartment or villa in Dubai with a possession period not exceeding 2028, then you can take advantage of Emaar’s off-plan properties listed below.
Emaar is one of the Best Real Estate Developers in Dubai
Property Type | Property | Area | Prices |
Apartments | Emaar Club Drive | 724 – 1,960 Sq. Ft. | AED 1.5 M |
Apartments/Duplexes | EMAAR Clearpoint | 806 – 2,902 Sq. Ft. | AED 1.54 M |
Apartments | EMAAR Greenside Residence | 721 – 1,797 Sq. Ft. | AED 1.4 M |
Apartments/Penthouses | EMAAR Bayview 2 by Address Resorts | 572 – 11,738 Sq. Ft. | AED 2.90 M |
Apartments/Penthouses | EMAAR Bayview by Address Resorts | 736 – 11,683 Sq. Ft. | AED 3.3 M |
Apartments | Sunridge by EMAAR | 765 – 1,734 Sq. Ft. | AED 1.47 M |
Twin Villas | Emaar Rivana | 3,152 – 5,192 Sq. Ft. | AED 2.8 M |
Villas | EMAAR Alana at The Valley | 3,788 – 4,859 Sq. Ft. | AED 3.5 M |
EMAAR Community Management (ECM)
EMAAR, one of the top Property Developers in Dubai, cares for the residents and focuses on building long-term value. It’s one of the first and largest licensed association management companies in the United Arab Emirates, providing professional services to the community.
The ECM takes care of property maintenance, ensuring proper working of the assets, primarily managing MEP assets (mechanical, electrical, and plumbing), aiming to attain asset sustainability and extend asset lifecycle via cantered maintenance.
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Residents use Emaar’s online community portal to address concerns or provide feedback on matters relating to their property’s maintenance. The eligibility criteria to use the community portal are:
- User must be at least 21 years of age or above
- Must reside in the UAE
- Must own, lease, or occupy a unit/ plot/property in an Emaar project
Emaar, one of the Top Real Estate Companies in Dubai, efficiently handles the end-to-end needs of property maintenance, and is one of the best real estate companies in Dubai.
Communities | Property Types | Property Name | Price | Unit Type | Area |
Dubai Hills Estate | Apartments | Emaar Club Drive | AED 1.5M | 1,2,3BR | 724-1960 Sq.Ft |
EMAAR The Valley | Villas | EMAAR Alana at The Valley | AED 3.5M | 3,4,5BR | 3788-4859 Sq.Ft. |
Rashid Yachts & Marina | Apartments/Duplexes | EMAAR Clearpoint | AED 1.54M | 1,2,3BR | 806 – 2,902 Sq.Ft. |
Dubai Hills Estate | Apartments | EMAAR Greenside Residence | AED 1.4M | 1,2,3BR | 721 – 1797 Sq.Ft. |
EMAAR Beachfront | Apartments/ Penthouses | EMAAR Bayview 2 | AED 2.90M | 1,2,3,5,6BR | 572 – 11,738 Sq.Ft. |
EMAAR Beachfront | Apartments/ Penthouses | EMAAR Bayview | AED 3.3M | 1,2,3,4,6BR | 736-11,683 Sq. Ft. |
Rashid Yachts & Marina | Apartments | Sunridge by EMAAR | AED 1.47M | 1,2BR | 765-1734 Sq.Ft. |
EMAAR The Valley | Twin Villas | Emaar Rivana | AED 2.8 M | 3,4,5BR | 3152-5192 Sq.Ft. |
Conclusion
Most of the top real estate companies such as EMAAR are in Dubai, and the developer’s fraternity is expected to grow more as the Dubai property market enters an incentivizing era.
The real estate sector is expected to outperform historical milestones and is poised to lure more foreign investments.
The luxury and rental market segments, including the vacation rental business in Dubai, are expected to record an upsurge in the coming years, increasing property demand and engaging the top real estate developers in Dubai to come up with unique residential projects.