Building for a brighter future
Driven by the will to contribute to Dubai's vision to become one of the world's most modern and advanced cities, Mohamed Ali Alabbar founded Emaar in Dubai on 16 June 1997. Today, the company is considered one of the world's most valuable and admired integrated real estate development companies. Alabbar’s passion for real estate is also reflected through his other renowned real-estate development companies, Eagle Hills and Nshama.
Facts & Figures
US$111.8 billion
new contractor awards expected in 2022 in the GCC’s construction sector
US$3.2 trillion
the estimated total GCC construction project market (as of June 2021)
7%
the estimated increase in the global prime property prices in 2022