Emaar was founded by Mohamed Ali Rashed Al-Abbar on June 23, 1997 and the company is headquartered in Dubai, United Arab Emirates. Emaar PJSC is engaged in real estate. Its real estate portfolio mainly includes master planned communities, shopping centres, hotels and resorts, entertainment, commercial leasing and industrial and investment.
The company operates in the following segments: Real Estate, Rental and related activities and Hospitality. The real estate segment develops and sells apartments, villas, commercial premises and land. The Leasing and Related Activities Segment develops, leases and manages shopping centers, retail, commercial and residential properties. The Hospitality segment develops, owns and manages hotels, serviced apartments and leisure activities.
Emaar is one of the most valued and admired real estate companies in the world with a proven track record in real estate, shopping malls and retail, as well as hotel and leisure services. Emaar is shaping a new lifestyle with a focus on cutting-edge design, build quality and on-time delivery. They are perfecting their strategy to be one of the most valuable, innovative and admired companies in the world. Their goal is to be an unstoppable company that creates tremendous value for their shareholders, stakeholders and for the economy.
Emaar has entered the most exciting phase of Dubai’s young history. In 2013, when more than 160 countries chose the United Arab Emirates to host Expo 2020 in Dubai, it showed strong confidence in their city, their leaders and their people. The winner made a statement to the global community that Dubai can only deliver exceptional results. The constant drive to be exceptional is what has made Emaar a champion company in Dubai and the UAE.
Over the past 17 years, Emaar has redefined the dynamics of real estate development, which is now a model for others around the world. They have always believed in the vision of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, who reminds them that to reach new horizons, they must overcome their personal limitations.
Working at EMAAR
Emaar is one of the largest construction developers in the Arab world and was established in 1997. In the year after its establishment, the company started one of the most ambitious projects not only in the United Arab Emirates, but all over the world. The main direction of the company is to invest in the construction of high-class buildings in Abu Dhabi and Dubai (Bayzid et al., 2020). Despite this, it has offices in other countries.
The company is famous for its Burj Khalifa, which includes the tallest building in the world, Dubai Mall, Burj Khalifa Boulevard, artificial lakes, luxury parks and many residential complexes (Emaar , n.d.). To date, the company has delivered thousands of apartments in Dubai and other international units. For example, in Dubai alone, Emaar owns around 14,000 buildings, some of which are already commissioned and some under construction.
The main principle is to create ideal conditions for residents. The buildings developed by Emaar are considered prestigious and of high quality because of this, people tend to trust the company and invests more. The company is currently developing more than 29,800 apartments in the UAE and more than 17,500 apartments in the global market. Thanks to its wide reach, Emaar collaborates with more than 60 subsidiaries that have implemented many construction projects. Soon, Emaar plans to build the world’s tallest skyscraper, even taller than the Burj Khalifa. In this way, the aim of the work is to analyze the various financial indicators of the company in order to understand its current situation and areas of development.
How To Apply For Jobs at EMAAR
If you’re interested in working at EMAAR, then click on the link given below to look for the job vacancies which are currently available.