Emaar Properties

Emaar Properties is a Dubai property developer listed on the Dubai Financial Market, best known for Burj Khalifa and The Dubai Mall. Mohamed Alabbar founded it in 1997. For 2025 it reported property sales of AED 80.4 billion, revenue of AED 49.6 billion, net profit before tax of AED 25.7 billion and a revenue backlog of AED 155 billion. In the first half of 2026 revenue rose 21% to AED 23.9 billion and the backlog reached AED 164.9 billion.

• Board recommended maintaining the dividend at 100% of share capital for 2025 (company results, Feb 2026)
• Continue converting its AED 164.9 billion revenue backlog into revenue (H1 2026 release)

• Emaar Development: UAE residential and mixed-use communities, 48 new residential projects launched in 2025
• Emaar Malls: malls and retail leasing, with 98% occupancy in 2025
• Emaar Hospitality and Entertainment: hotels, leisure and entertainment
• Emaar International: Egypt and India
• Other group companies include Emaar Hospitality Group, Amlak Finance and Hamptons International

Amit Jain

Verified

Group Chief Executive Officer, Emaar Properties · Emaar Properties

Mohamed Alabbar

Verified

Founder of Emaar Properties; chairman of Eagle Hills · Emaar Properties

• Jamal Bin Theniyah Chairman since December 2020 (Gulf News, 13 Dec 2020)
• Ahmed Jawa Vice chairman since December 2020 (Gulf News, 13 Dec 2020)

1. 1997Emaar is founded; Mohamed Alabbar is chairman from July (Gulf News; Wikipedia)
2. 2000IPO on the Dubai Financial Market, the first property company to offer shares to foreign nationals (Wikipedia)
3. 2004Emaar International LLC formed for expansion abroad (Wikipedia)
4. 2006Buys US homebuilder John Laing Homes for about $1 billion; it files for Chapter 11 in 2009 (Wikipedia, which gives both 2006 and 2008 for the purchase)
5. 2009The Dubai Mall is inaugurated in May, after a soft opening in November 2008 (Wikipedia)
6. 2010Burj Khalifa opens (Wikipedia)
7. 2014Emaar Malls lists on the Dubai Financial Market in October (Wikipedia)
8. 2016Announces separation from its Indian partner MGF (Wikipedia)
9. 2020Alabbar steps down as chairman to become managing director, citing a rule that bars chairmen of listed companies holding executive roles; Jamal Bin Theniyah becomes chairman (Gulf News, 13 Dec 2020)
10. 2021Emaar Malls merges into Emaar Properties (Wikipedia)
11. 2026H1 results on 7 August: sales AED 26.6 billion, backlog AED 164.9 billion (Emaar release)