Emaar growth highlighted at DPG meet
Dubai Property Group (DPG), Dubai's only real estate professional association, hosted Emaar Properties, one of the world's largest real estate companies at its 'Monthly Networking' event.
Senior director, investor relations and corporate governance, Emaar Properties, Arif Amiri highlighted the company's contribution to Dubai's realty sector and its expansion plans - internationally and into new businesses.
Speaking to over 270 DPG members and other high-ranking real estate professionals, Amiri said that Emaar has played an instrumental role in shaping the current property dynamic of the Emirate in line with the growth strategies of the Dubai government.
Moving forward, Emaar is taking the Dubai development model internationally. In this growth strategy, building strong financial fundamentals and continued strategic expansions are crucial for property developers to evolve as powerful global brands, he said.
Amiri presented an overview of Emaar's projects in the UAE that includes a diversified roster of trend-setting projects such as the Downtown Burj Dubai, which encompasses Burj Dubai - the world's tallest building; and The Dubai Mall, one of the world's largest shopping and entertainment destinations. Emaar's project roster also includes Dubai Marina, one of the first and largest of its kind waterfront projects in the region; Arabian Ranches, a premium master-planned community; and Emirates Living, a cluster of villas and apartments that ushered in the concept of integrated neighborhoods to Dubai.
Emaar is also developing Umm Al Quwain Marina, a mixed-use project in Umm Al Quwain. Emaar Bawadi, a joint venture of Emaar and Bawadi, a member of Tatweer Group, is developing the 70 million sq ft Asmaran in Bawadi, located within Dubailand.
During the event, DPG announced that it has changed its name to Dubai Property Society (DPS).
Dubai Property Society is an association of professionals involved in the fast-growing real estate market in Dubai. The Group is made up of more than 290 prestigious members involved in property development and management as well as real estate agents, brokers, financial institutions, media organizations and landowners.
Source:Trade Arabia News |