The speculation is that the purpose of Alabbar's trip was to explore investment opportunities in the isolated communist country as part of a broadening interest in emerging markets by Emaar. [7] He also received an honorary doctoral degree in humanities from his alma mater in 2007 and served on its Board of Trustees until 2016.[8][9]. [38], Another large development project commissioned by Emaar Properties of the Downtown Dubai area is The Dubai Fountain. He was also a lead investor in Jaona Investment, which acquired a 6.55 percent stake in Aramex. [6] Alabbar graduated from Seattle University in 1981 with a degree in Business Administration. [24] Emaar reported a 16 percent rise in second-quarter net profit for 2015,[25] and that it has a land bank of over 235 million square metres. After college, Alabbar started off his career with the Central Bank of the United Arab Emirates as a banking manager. Real Estate. About Emaar WE SHAPE LIFESTYLES Emaar Properties is one of the world’s most valuable and admired real estate development companies. Apartments numbers are GGN191401 and GGN191402, Located in 19th Tower on 14th top floor. The Company and its subsidiaries constitute the Group (the “Group”). also heads the development of the KAEC port. From raising service requests to digital access cards, it has been designed using the latest technology to make your life with Emaar as easy as possible. [52], Alabbar serves as the Founding Partner of Capital City Partners (CPC), a private real estate investment and development firm. Closing at 3.25 dirhams with approximately 535 million shares traded, the IPO was the largest in Dubai since 2007. [9][73] Emaar E.C. ][65], The King Abdullah Economic City (KAEC), developed by Emaar, The Economic City (Emaar E.C.) [39], Emaar also developed the world's tallest building, Burj Khalifa, which opened in 2010. [44], In other strategic partnerships, Emaar and Meraas Holding is developing Dubai Hills Estate, the first phase of MBR City. When it is completed, it has been said that it will be almost three times larger than Downtown Dubai, and that the development will feature the world’s next tallest structure Dubai Creek Tower. Why? We seek people with passion, commitment and dedication to take on challenging jobs and accomplish them with determination. Emaar Properties Public Joint Stock Company (the “Company” or the “Parent”) was established as a public joint stock company by Ministerial Decree number 66 of the year 1997. Added to wishlist Removed from wishlist 0. Who is the owner of Burj Khalifa | Wiki. The first residential apartment complex in Dubai Hills Estate, Mulberry at Park Heights, has been launched for sale. ", "Commonwealth Games Village in Delhi | Emaar Properties", "Saudi's Emaar EC says port unit agrees capital hike to fund expansion", "$500m mixed-use project to be developed by Emaar in Syria", "Emaar unveils massive Syrian expansion plan", "Emaar Obtains $500 Million Financing Facility for Turkey Project", "Emaar Turkey launches The Address Residences in Istanbul sales", https://www.khaleejtimes.com/business/retail/emaar-square-mall-in-turkey-opens, "DHA takes over: Crescent Bay project on the rocks", https://en.wikipedia.org/w/index.php?title=Emaar_Properties&oldid=993977028, Property companies of the United Arab Emirates, Companies listed on the Dubai Financial Market, Multinational companies headquartered in the United Arab Emirates, All articles with vague or ambiguous time, Vague or ambiguous time from November 2018, Creative Commons Attribution-ShareAlike License, Commercial and residential property development, 6,777,915,000 United Arab Emirates dirham (2017), 112,751,930,000 United Arab Emirates dirham (2017), This page was last edited on 13 December 2020, at 14:37. When Emaar Properties reaches for the sky, it really reaches for the sky. [15] By 2004, Alabbar was expanding the company to foreign markets with the establishment of Emaar International LLC. He is also the founder and director of noon.com, an e-commerce ecosystem for the Arab world and largest GCC e-commerce company and the chairman of Americana Group, in food industries. Emaar Properties has owned other well-known projects in Dubai such as the Dubai Mall and the Dubai Marina district. Alabbar has served as chairman of the UAE Golf Association, and in 2007, he was recognized by Golf World Magazine as one of the world's ten most powerful golfing personalities. Developments Limited of India stake in online fashion retailer Yoox Net-a-Porter Group ( the “ Group ” ) the Valley... Its real estate market in 2009, Emaar has begun to develop 55-storey... Billion in real estate company was established in 1997 a banking manager October 2014 the Official Hotel and Hospitality Emaar... 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