Emaar

Dubai Fountain is winning name of Emaar’s water spectacle in Downtown Burj Dubai

The water, music and light spectacle being created by Emaar Properties on Burj Dubai Lake in Downtown Burj Dubai will be called ‘Dubai Fountain.’ Following the successful completion of the fountain naming contest on September 15, a distinguished panel has selected the name which echoes the... 

Emaar Properties wins Best Developer in MENA region at Euromoney Liquid Real Estate Awards

UAE’s Emaar Properties, the global property developer, has been adjudged Best Developer in the Middle East and North Africa (MENA) region at the Euromoney Liquid Real Estate Awards. Emaar won six awards in all, including awards for Best Developer in the UAE, and for Best Residential and Best Mixed-Use... 

Dubai Mall close to completion

Emaar Properties, the largest real estate developer in the Middle East, says the Dubai Mall is on track to open for business on October 30. The grand opening of the shopping centre, which will briefly hold the title of the world’s largest mall, had been pushed back from the previous date of August... 

Emaar leads pressure on Dubai index

Emaar Properties’ stock declined to its lowest price in three years yesterday after it broke through its critical support level of Dh9 and closed for the first time at Dh8.77. The decline in Emaar’s stock also created selling pressure on the Dubai Financial Market (DFM) General Index. The... 

Aldar leads the way in Abu Dhabi property resale monitoring

Abu Dhabi’s master developers are following in their Dubai neighbours’ footsteps and beginning to self-regulate the resale of developments in order to safeguard against speculators ‘flipping’ their purchases. This is, alongside soaring construction costs, is what analysts attribute... 

Burj Dubai reaches 688 meters

Burj Dubai, the most-talked about property in the UAE, being developed by Emaar, has attained a new height of 688 meters (2,257.2 ft). The real estate pride in Dubai is located on Shaikh Zayed Road, and presently stands at over 160 storeys. Upon completion, Burj Dubai will qualify all criteria laid... 

Emaar Properties unveils ‘smart living’ with 18 Burj Dubai Boulevard residential tower

Emaar Properties will unveil one of Dubai’s pioneering urban professional residential towers, designed by international architects and centrally located within Downtown Burj Dubai. A two tower complex, 18 Burj Dubai Boulevard elegantly incorporates curvilinear architecture, and is designed to maximize... 

Dubai stocks suffer worst fall in months

The Dubai Financial Market General Index yesterday plummeted 2.97 per cent, its biggest one-day drop in six months, falling 155.75 points to 5,094.56. The Abu Dhabi Securities Exchange Index slid 121.56 points or 2.55 per cent to close at 4,652.42. The market capitalisation fell by Dh21.67 billion on... 

Emaar Middle East makes on-schedule progress on Jeddah Gate construction

Emaar Middle East, a property development associate of Emaar Properties PJSC focused on projects in the Middle East region, has announced on-schedule progress in the infrastructure work of Jeddah Gate, the company’s SR6 billion (US$1.6 billion) flagship development. Emaar Middle East had awarded contracts... 

Arabtec to deliver Emaar-Bawadi villas

Arabtec Construction LLC received a letter of acceptance valued at AED 1.6 billion from Emaar Bawadi Joint Venture to design and construct 1437 villas as part of the Bawadi project in Dubailand. The project will be delivered in phases over a period of 37 months. Riad Kamal, CEO of Arabtec Holding PJSC,...