Emaar Properties is a leading real estate development company based in Dubai, United Arab Emirates. Established in 1997, it has played a pivotal role in shaping Dubai’s skyline and has expanded its footprint globally. 

Key Projects and Developments:

• Burj Khalifa: Emaar is renowned for developing the Burj Khalifa, the tallest building in the world, standing at 828 meters. 

• Dubai Mall: Another flagship project is the Dubai Mall, one of the largest shopping malls globally, attracting millions of visitors annually. 

• Dubai Marina: Emaar developed Dubai Marina, a meticulously planned waterfront community that has become a sought-after residential and leisure destination.

Global Presence:

Beyond the UAE, Emaar has established a significant international presence:

• India: Emaar India has been involved in various residential and commercial projects across cities like Gurugram, Mohali, Lucknow, Jaipur, and Indore. 

• Saudi Arabia: Emaar is the master developer of the King Abdullah Economic City (KAEC), a massive project that includes a seaport, industrial zone, and residential communities. 

• Egypt: Through its subsidiary, Emaar Misr, the company has launched projects like Uptown Cairo and Marassi, a resort development on the Mediterranean coast. 

Recent Developments:

• Market Performance: In December 2024, Emaar Properties’ shares surged by 14.7% following the announcement of significant upcoming dividends, propelling Dubai’s benchmark index to a near-decade high. 

• Strategic Discussions: As of January 2025, Emaar is in talks with various Indian conglomerates, including the Adani Group, to sell a stake in its Indian operations. While specifics are yet to be finalized, this move underscores Emaar’s strategic approach to its international ventures.