Emaar Properties Q1 2012 net operating profit up 44%

Revenue of malls and hospitality increased by 25%; account for 58% of the company’s total revenue

Unveils ‘Dubai Modern Art Museum & Opera House District’ in Downtown Dubai

Announces expansion of The Dubai Mall by over 1 million sq ft

Marked by the increased sales of properties in Dubai, delivery of homes in Egypt and strong recurring revenues from the shopping malls and hospitality businesses, Emaar Properties PJSC announced today its financial results for the three months ended March 31, 2012. Read more

Emaar Properties AGM declares 10% cash dividend

Elects new Board of Directors including seven new members

New value creation strategy for 2012 focused on market realities

Emaar’s trophy assets make sterling contribution to Dubai’s economy

Read more

Burj Khalifa honored with Burj Monument

Saluting global collaboration: The Burj Monument celebrates the making of iconic Burj Khalifa

18-metre high, three-core Burj Monument in stainless steel reflects original design inspiration of the world’s tallest building

Located in Downtown Dubai near The Dubai Mall on a unique visual plane aligned with Burj Khalifa

Burj Khalifa, the world’s only ‘Global Icon’ and the civic pride of the city of Dubai, now has a monument saluting the international collaboration that marked the accomplishment of the world’s tallest building. Emaar Properties, the developer of Burj Khalifa, has unveiled ‘The Burj Monument,’ 18 metres high and in stainless steel, in Downtown Dubai, near The Dubai Mall. Read more

Emaar Properties reports net operating profit of AED 2.058 billion in 2011

Emaar Properties PJSC, announced today a net operating profit of AED 2.058 billion (US$ 560 million) for the 12 months ended December 31, 2011.

The company’s annual revenue for 2011 reached AED 8.112 billion (US$ 2.209 billion). With The Dubai Mall, the flagship development of Emaar establishing itself as the world’s most visited shopping and tourism destination marking record visitor arrivals of 54 million in 2011, the shopping malls ‘&’ retail business of Emaar contributed AED 2.14 billion (US$ 583 million) to annual revenues, representing 26 per cent of the total. This is 13 per cent higher than the shopping malls ‘&’ retail revenues of AED 1.9 billion (US$ 517 million) in 2010. Read more

Dubai Mall to become larger by adding 1 million sq ft

Further builds on The Dubai Mall’s success as the most-visited shopping and leisure destination in the world

The Dubai Mall new expansion to draw on advanced technologies to meet continuously evolving customer expectations and preferences

Expansion marks enhancement of Downtown Dubai as the ‘most desirable destination’ in the world

Emaar Properties, the global property developer of integrated lifestyle communities, has announced an ambitious expansion of its flagship asset, The Dubai Mall, to add over 1 million square feet to the existing 12 million square feet development. Read more

Emaar Properties unveils Spanish sculptor Xavier Corbero’s ‘Gathering’

• Newest addition to the sculptures that adorn Emaar Boulevard
• Made of basalt, ‘Gathering’ is a collection of 10 sculptures weighing 20 tonnes

In another creative addition to the cultural identity of Downtown Dubai, the 500-acre mega-development described as ‘The Centre of Now,’ Emaar Properties, today, unveiled renowned Spanish sculptor Xavier Corbero’s Gathering, a collection of ten figurine sculptures made of basalt. Read more

UAE’s 40th National Day Colorful Downtown Dubai Parade

• Spectacular floats & entertainment activities to mark UAE’s 40th National Day celebrations
• In collaboration with the Dubai Events & Promotions Establishment

The sterling achievements of the UAE in the past 40 years and the country’s vision for the future will be the theme of the colourful Downtown Dubai Parade, National Day to be organised by Emaar Properties at its flagship development on December 3, 2011.

The celebration, organised in collaboration with the Dubai Events & Promotions Establishment (DEPE), mark Emaar’s tribute to the nation on the occasion of the 40th UAE National Day.

Integrating the dynamism of the UAE’s development with the richness of the Emirati heritage, the Downtown Dubai Parade, National Day features floats, cultural and heritage activities, arts, and music that resonate to the ‘Spirit of the Union.’ The parade will traverse down the Emaar Boulevard in Downtown Dubai, described as ‘The Centre of Now.’ Read more

Emaar Properties records net operating profit of AED1.249 billion in first nine months of 2011

  Emaar Properties PJSC, the global property developer of iconic projects, reported today a net operating profit of AED 1.249 billion (US$ 340 million) in the first nine months (January to September) of 2011.

Revenue for the first nine months this year reached AED 5.873 billion (US$ 1.599 billion).

Third quarter (July to September) 2011 revenue stood at AED 1.859 billion (US$ 506 million), compared with the second quarter 2011 revenue of AED 2.032 billion (US$ 553 million). Read more

Emaar Properties at Cityscape Global 2011

• Trend-setting Downtown Dubai is model for modern urban developments
• Emaar showcases international projects across key emerging markets

Emaar Properties PJSC, the global property developer with a significant presence in several emerging markets, is highlighting the social and economic contribution of its integrated developments at Cityscape Global, the premier real estate exhibition to be held from September 27 to 29, at Dubai International Convention & Exhibition Centre, Dubai. Read more

Registration for 4th Emirates Classic Car Festival from December 1 to 3

• Organised in association with the Ministry of Culture, Youth & Community Development, ATCUAE and FIVA
• A key cultural event that also marks Emaar’s celebrations of the UAE National Day
• To feature colourful parades to be held at Emaar Boulevard in Downtown Dubai
• Register by email eccf@emaarinfo.ae
• Festival has expanded its scope to include classic motorbikes in the fourth edition

  Classic car enthusiasts in the UAE and across the Gulf region can now register to participate in the fourth Emirates Classic Car Festival, the signature show organised by Emaar Properties in association with the UAE Ministry of Culture, Youth and Community Development; the Automobile & Touring Club of the United Arab Emirates (ATCUAE) – the official representative of FIVA; the ‘Fédération Internationale des Véhicules Anciens’ – the world-wide authority for historic vehicles.

One of Dubai’s most-awaited lifestyle events organised to complement the UAE National Day celebrations, the Emirates Classic Car Festival has expanded its scope to encompass classic motorbikes too this year. The Festival will be held from Dec. 1 to 3 at its host venue, Emaar Boulevard, a spectacular boulevard that overlooks Burj Khalifa, the world’s tallest building in Downtown Dubai. Read more

Next Page »