INSEAD Day 4 - 728x90

Borouge okays $656m dividend

The company said dividend reflects its resilience

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

Emaar unveils new projects

Emaar's new developments are expected to significantly enhance sales and profitability. (Emaar)
  • The first development valued at $15 billion is poised to set a new standard in premium high-end living
  • The second valued at $11.16bn is designed to house wellness facilities, a new standard in luxury hospitality

Dubai, UAE–Emaar Properties launched two new major projects, The Heights Country Club in Dubai, and Grand Club Resort next to The Oasis.

The first development, sprawling across 81 million square feet and valued at $15 billion, is poised to set a new standard in premium high-end living.  Designed to offer an exclusive retreat, it merges state-of-the-art amenities with serene landscapes, creating a haven of comfort and elegance.

Spanning over 60 million square feet and boasting a development value of $11.16 billion, the Grand Club Resort features the best of wellness and opulence. The resort is meticulously designed to house world-class wellness facilities, offering an unparalleled experience in luxury hospitality.

Commenting on these breakthrough destinations, Mohamed Alabbar, said: “Dubai stands not only as a city, but as a global titan in luxury, real estate, and as a vibrant tourist hub. With the launch of The Heights Country Club, and Grand Club Resort, we are taking this story to new levels. Emaar is not just contributing to Dubai’s progress; we are leading the way, creating exclusive lifestyle destinations with unprecedented amenities that set new global standards.”

“Our ambition is bold and clear: to keep Dubai at the top of the global city rankings, leveraging cutting-edge technology to not only understand, but also predict and shape future trends. These developments are more than just projects; they are a powerful statement of our vision and commitment to excellence, representing the grandeur and transformative future of high-end living,” he added.

True to Emaar’s ethos, both developments will feature environmentally conscious designs that are consistent with the company’s goals of sustainable development and future-ready living spaces. These exclusive lifestyle destinations will be a harmonious blend of exclusivity, sustainability, and innovative design, setting new standards for high-end real estate in the UAE.