Emaar Properties Raises The Bar With Launch Of Dh96 Billion Worth Of Luxury Projects In Dubai
In a significant move that reinforces its position as a leading global property developer, Emaar Properties has announced the launch of two landmark projects in Dubai — The Heights Country Club and the Grand Club Resort adjacent to The Oasis. These projects are poised to elevate the standard of high-end living in the UAE, showcasing Emaar's commitment to delivering world-class developments.
The Heights Country Club, sprawling over 81 million square feet and valued at Dh55 billion, promises an unmatched premium lifestyle experience. This expansive development is designed to merge luxurious amenities with serene landscapes, offering a retreat of comfort and elegance. Meanwhile, the Grand Club Resort extends over 60 million square feet, with a development value of Dh41 billion, and is set to become a pinnacle of wellness and luxury hospitality. Together, these projects underscore Emaar's vision of creating superior living experiences and are expected to significantly boost the company's sales and profitability through a substantial offering of high-end villas and townhouses.
Mohamed Alabbar, commenting on the launch, highlighted Dubai's stature as a global leader in luxury real estate and tourism. He emphasized that the introduction of The Heights Country Club and the Grand Club Resort aligns with Emaar's strategy to elevate Dubai's global city rankings further. Alabbar's vision for these projects is not just to contribute to Dubai's growth but to lead the evolution of high-end living standards, leveraging advanced technology to anticipate and shape future trends.
Emaar's commitment to sustainable development is evident in the environmentally conscious designs of both developments. These projects are set to redefine exclusivity and innovation in high-end real estate, reflecting Emaar's dedication to excellence and sustainable living.
Emaar Properties PJSC, listed on the Dubai Financial Market, is renowned for its significant contributions to the real estate sector, not only in the Middle East, North Africa, and Asia but also on a global scale. With a land bank of over 1.7 billion sq. ft. and a track record of delivering approximately 108,000 residential units since 2002, Emaar continues to shape lifestyles and create integrated destinations. The company's portfolio includes recurring revenue-generating assets and a strong presence in the hospitality sector, with 34 hotels and resorts. Notably, 46 percent of Emaar's revenue stems from its shopping malls & retail, hospitality & leisure, and international subsidiaries, including iconic destinations like Burj Khalifa, Dubai Mall and Dubai Fountain.
As Emaar unveils these groundbreaking projects, the company not only cements its legacy in creating world-class developments but also reaffirms its role in shaping the future of high-end living in the UAE.
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