Emaar to launch new project in Downtown Dubai

Dubai-based Emaar Properties PJSC will be unveiling a brand new residential and hospitality project in Downtown Dubai tomorrow.

Emaar send press invites for launch of a project on Thursday without mentioning other details.

Update: Emaar unveils serviced residences in Downtown Dubai

Emaar to unveil a mosque in Downtown Dubai

Emaar Properties PJSC, the global property developer, has unveiled the ‘Sheikh Zayed Bin Mansour Al Nahyan Mosque’ for His Highness Sheikh Mansour Bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs, on an area of over 40,000 sq ft in Downtown Dubai, near The Old Town development. Read more

Emaar quarterly profit more than doubles, beats estimates

Half year 2012 net operating profit of AED 1.22 billion (US$ 332 million), 45% higher than half year 2011

• Second quarter 2012 net operating profit of AED 614 million (US$ 167 million), 45% higher than second quarter 2011
• The Dubai Mall records visitor arrivals of approximately 31 million in the first six months of the year

Emaar Properties PJSC, the global developer of iconic projects, reported today a net operating profit of AED 1.22 billion (US$ 332 million) for the first six months of 2012, 45 per cent more than the half year 2011 net operating profit of AED 843 million (US$ 230 million). The revenue for the first six months of 2012 was AED 3.921 billion (US$ 1.068 billion), similar to the revenue for the same period in 2011. Read more

Emaar’s newest apartments project opens for sale

Upcoming residential development overlooking Emirates Golf Course to open for public sale on May 26

Sale and construction of Emirates Living project to follow best practices, further enhance investor confidence in sector

Payments based on construction milestones; sales proceeds to be deposited in dedicated escrow account for construction purposes only

Emaar Properties PJSC, the global property developer, highlighted today the strength and transparency of the investor policies the company has established for Panorama at The Views, Emaar’s newest residential project, which will open for sale to the public on May 26, 2012. Read more

Emaar launches sale of premium apartments

Luxurious apartments overlooking the fairways of Emirates Golf Course

Newest project in The Views community is in line with Emaar’s strategy to develop premium real estate assets in Dubai

Sale of homes to begin on May 26 at Emaar Sales Centre in Emaar Square, Downtown Dubai

With a sterling track-record in developing premium real estate assets in Dubai, Emaar Properties PJSC is drawing on the increasing demand for high end apartments in the city with the launch of Panorama at The Views, a modern living environment designed for urban families. Read more

Emaar approaches contractors for two projects in Dubai

Emaar has announced plans to launch new projects in Dubai this year

Emaar Properties PJSC plans to start and restart building two residential developments in Dubai, according  to various media sources.

It is very much possible the developer to restart previously shelved projects. Back in 2009, Emaar reportedly put on hold 13 projects due to lack of investors’ interest. The property downturn had forced many developers to allow investors who have already paid deposits to transfer them to developments that progressed ahead as planned. Therefore, few of Emaar’s Downtown projects have been shelved, including: M-Burj, The Mansions, Burj Place, Grand Boulevard, 18 Boulevard, Burj Park and Claren Phase 2 projects. Read more

Emaar communities join hands to observe ‘Earth Hour’ 2012

All malls, hotels, leisure clubs and residential communities of Emaar will take part in event on Saturday, March 31 from 8.30 to 9.30pm

Downtown Dubai to host Dubai’s ‘Earth Hour 2012’ event, which will feature the Earth Hour Walk starting from Burj Plaza

Emaar Properties PJSC, the global developer of iconic projects, will once again observe Earth Hour 2012, the world’s most popular sustainability initiative aimed at raising awareness on climate change, by hosting the ‘Earth Hour Walk’ at Downtown Dubai, the company’s flagship development on March 31, 2012.

Read more

Emaar apartment sales decline 85%, villa sales increase

According to Emaar’s financial statement posted on Dubai’s stock market today, the developer’s revenue from apartment sales plunged 85 percent in 2011. Sale of villas increased 85 percent during the same period.

Income from apartment sales dropped to 1.11 billion dirhams ($303 million) from 7.56 billion dirhams a year earlier. Revenue from sale of villas reached to 959 million dirhams from 517.3 million dirhams. Emaar posted a 27 percent decline in full-year profit on Feb. 14 and provided a breakdown of revenue today. Read more

Emaar Morocco ‘Amelkis Resorts Open Week’

Emaar Morocco will host the ‘Amelkis Resorts Open Week’ roadshows in Dubai and Abu Dhabi later this month. The events will showcase ready-to-live-in villas and land plots, set around a championship golf course, in the heart of Marrakech, Morocco. Read more

Emaar special sales event for Saudi projects at The Dubai Mall

Special pavilion to feature Jeddah Gate and Al Khobar Lakes developments

Emaar Middle East, a subsidiary of Emaar Properties PJSC, is showcasing its flagship lifestyle community developments in Saudi Arabia at a special roadshow and sales event to be held from January 19 to 26, 2012 at The Dubai Mall. Read more

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