EMAAR Properties
About Developer Emaar Properties
Established in 1997, Emaar Properties is a multinational development company based in the United Arab Emirates. The company operates internationally, across Africa, Asia, Europe, North America and the Middle East, providing property development and management services.
Mohamed Alabbar is the founder and chairman of Emaar Properties. Since 2016, the CEO of Emaar Group is Amit Jain.
The initial owner of Emaar Properties was the Dubai government until the company went public in 2000.
Today Emaar has six business segments and 60 subsidiaries in 36 markets all over the world, such as Emaar Malls Group (shopping malls and retail), Emaar International (property development in international markets), Emaar Hospitality Group (a global provider of lifestyle experience), Emaar Entertainment (provider of premium leisure and entertainment attractions) and Emaar Investment Holding.
How to Buy Property by Emaar?
If you want to buy off-plan property by Emaar Properties you should know a few things beforehand. For example, Emaar Properties offers frequently great deals in Dubai market.
Today, Dubai’s best areas by Emaar such as Emaar Beachfront, Downtown Dubai and Dubai Hills Estate are considered to be one of the most popular residential, tourist and business destinations.
Purchasing an off-plan apartment such as Emaar IL Primo comes with many benefits. For a start, off-plan property is cheaper than ready one providing high returns of investments (ROI) too.
Moreover, Emaar features many attractive offers including easy payment plan, DLD fees waiver or free of service charge.
In addition, Emaar’s off-plan property is a good investment as well, given that the prices of real estate in Dubai remain stable and favorable for buyers and investors.
Freehold Properties for Foreign Investors
Over the last years Dubai has become an international investment hub, particularly after opening its real estate market to foreign investors. Dubai has set up special areas for non-citizens to invest in property, which are also known as “freehold zones”.
Popular amongst tenants and investors, Downtown Dubai is one of the best freehold zones in Dubai. Besides world-renowned Burj Khalifa, Dubai Fountain and Dubai Opera, Downtown Dubai also offers a large variety of freehold apartments. For example, Burj Crown apartment in Downtown Dubai costs from AED 957,888. However, apartments in Emaar IL Primo prices start at AED 18M.
Another high-demand freehold zone Dubai Marina features luxury beachfront residences, retail outlets, sport facilities, restaurants and more. Investors can choose from a wide range of sea view apartments and villas for sale. The starting price of a studio apartment in Dubai Marina is AED 390,000.
Arabian Ranches has proved itself as one of most exclusive and high-end communities in Dubai. Offering townhouses and villas located in a family-friendly environment. The price for 2BR villa in Arabian Ranches starts from AED 1.2M while 3-bedroom villas start from AED 1.35M.
