Emaar is 1 of the Best Developers in Dubai

The hands behind the hi-tech cities are the developers, who transform raw into palaces, and Emaar is the #1 developer in Dubai with a credible reputation. In real estate economics, the contribution of developers is vital, as they bring their expertise and resources to infuse the elements of urbanization.

They transform the rural lows to urban heights, truly defining the term ‘development.” Developers in Dubai transform the desert lands into flourishing cities that 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 and is 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, with its business operations worldwide.

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, 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 reputable developers in Dubai with global recognition.

EMAAR is a public joint stock company in Dubai. It is the face behind some of the major infrastructure marvels 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 buildings 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% increase in property sales, valuing AED 37.4 billion in 2023, with a successful launch 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 completed AED 57.1 billion in sales, which will flow as revenue in the years to come.

The Best Property Developers in Dubai – Emaar

The properties of one of the best real estate companies in Dubai, Emaar, feature impactful design, and each project has a unique architectural design.

The Dubai real estate market comprises residential and commercial properties, but off-plan residential properties witnessed 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

EMAAR Community Management (ECM)

EMAAR is one of the top Property Developers in Dubai who care 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 proper care of property maintenance and ensures proper working of the assets, primarily managing MEP assets (mechanical, electrical, and plumbing), aiming to attain asset sustainability and extend asset lifecycle via centralized 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.

Conclusion

Most of the top real estate companies, such as EMAAR 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 reach historical milestones and is poised to increase 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. This will further increase property demand and engage the top real estate developers in Dubai to come up with unique residential projects in the future.