Real Estate News

Emaar is en route to becoming one of the most valuable companies in the world by 2010.

Emaar Properties PJSC is one of the world’s largest real estate companies and is rapidly evolving to become a global provider of premier lifestyles. A Dubai-based Public Joint Stock Company, Emaar is listed on the Dubai Financial Market and is part of the Dow Jones Arabia Titans Index. Emaar has highlighted the remarkable global growth of the company by debuting on the 2007 Financial Times Global 500 ranking, which provides an annual snapshot of the world’s largest companies. 

In tandem with Dubai’s rapid growth, Emaar has been shaping landscapes and lives in the Emirate since the company’s inception in 1997. Not just building homes, Emaar develops value-added, master-planned communities that meet the homebuyers’ full spectrum of lifestyle needs. A pioneer of innovative community-living concepts, Emaar is the prime mover of the Emirate’s real estate and construction sector.

In line with its Vision 2010, Emaar is charting a new course of growth through a two-pronged strategy of geographical expansion and business segmentation. Replicating its successful business model in Dubai, Emaar is extending its expertise in creating master-planned communities to international markets. Simultaneously, Emaar is developing new competencies in hospitality & leisure, malls, education, healthcare and financial services, which have evolved from its integrated approach to customer service and property development. 

With six business segments and more than 60 active companies, Emaar has a collective presence in over 36 markets spanning the Middle East, North Africa, Pan-Asia, Europe and North America. The company has established operations in the United Arab Emirates, Saudi Arabia, Syria, Jordan, Lebanon, Egypt, Morocco, Algeria, Libya, India, Pakistan, Turkey, Indonesia, USA, Canada and United Kingdom.

Year 2007 was rewarding for Emaar as the company reiterated its pole position as an integrated lifestyle provider with several global and regional recognitions. The company also strengthened its corporate social responsibility initiatives with an array of activities. Emaar’s financial performance was also feted with high ratiYear 2007 was rewarding for Emaar as the company reiterated its pole position as an integrated lifestyle provider with several global and regional recognitions. The company also strengthened its corporate social responsibility initiatives with an array of activities. Emaar’s financial performance was also feted with high ratings. 

Financial Times Global 500 Ranking

Emaar highlighted its international growth and stature by debuting on the 11th FT Global 500 ranking issued by the London based Financial Times. The ranking provides an annual snapshot of the world’s largest companies. 
Emaar is one of only two UAE companies to be ranked on FT Global 500, which includes only listed companies with a minimum of 
15 per cent equity floated on a bourse. The publication ranks Emaar at 462 with a market capitalization of over US$20 billion. 
The debut of Emaar Properties on the list underpins the significant growth gained by the company in 2006. 

Dubai Quality Award

Emaar Properties strengthened its premier position as a role model for real estate developers by winning the coveted Dubai Quality Award for its commitment to quality and service excellence. 
The Dubai Quality Award is an initiative by the Dubai Department of Economic Development to further build a business culture based on quality. Independent assessors review the Award entries by following the strict guidelines laid down by the Dubai Quality Award Secretariat. The Award criteria are modeled on the European Foundation for Quality Management Excellence. A jury panel decides the winners

 

Emaar Developments

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