Emaar Properties

Industry News

Emaar Founder Reports Normalized Payment Rates and Strong UAE Hotel Occupancy

Mohamed Alabbar, founder and managing director of Emaar Properties, stated that customer non-payments spiked during the regional conflict before returning to normal levels. Speaking at the Sharjah Investment Forum, Alabbar noted that hotel occupancy rates are experiencing strong growth and characterized discounting for new property buyers as unfair to previous buyers. He also encouraged business leaders to adopt artificial intelligence tools and better recognize employee contributions.

Industry News

Emaar Founder Previews Dubai Mall Plaza and Hotel Project in Downtown Dubai

Emaar founder Mohamed Alabbar has previewed a new development named Dubai Mall Plaza and Hotel in Downtown Dubai via social media. The shared computer-generated video reveals a pedestrian-oriented plaza design with illuminated architectural features set against the Burj Khalifa. Project details including the investment figure and completion timeline have not yet been disclosed.

Industry News

UAE Stocks End Mixed as Easing Iran Tensions Lift Dubai Benchmark Index

United Arab Emirates stock markets ended mixed on Friday as regional tensions eased following remarks from US President Donald Trump regarding Iran. Dubai's benchmark index broke a three-session decline to close 0.3% higher, driven by gains in Emirates NBD and Emaar Properties. Abu Dhabi's index finished lower, pressured by drops in basic materials, telecoms, utilities, and First Abu Dhabi Bank.

China–UAE News

Dubai Metro reveals 29 new stations across upcoming Blue and Gold Lines

Dubai Metro is planning 29 new station locations across two upcoming routes, the Blue Line and the Gold Line, according to Time Out Dubai. The Blue Line is scheduled to launch in 2029, followed by the Gold Line in 2032. Key commercial and residential destinations, including Dragon Mart in International City, will gain direct rail connectivity.