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  • Market: DFM
  • Symbol: EMAARDEV
  • ISIN: AEE001901017
  • Sector: Real Estate & Const.

Company Brief

Emaar Development PJSC (the “Company”) has operated as part of Emaar Properties since its inception in 1997. The Government of Dubai gifted Emaar Properties the initial components of its land bank in 1998. In 1999, Emaar Properties launched Emirates Living, the first major freehold integrated lifestyle masterplan community in Dubai. The second project, Dubai Marina, launched in 2000 and was shortly thereafter followed in 2002 and 2004 with the launch of the Emaar Properties’ desert-themed integrated lifestyle masterplan community, Arabian Ranches, and Downtown Dubai, its flagship community that combines commercial, residential, hotel, entertainment, shopping and leisure developments. The business of Emaar Properties was restructured to carve out the division and activities of real estate development out of Emaar Properties and transfer such division and activities to the Company since the latter is a subsidiary of Emaar Properties group.


After the successful carve out process and the transfer of the real estate development division and activities of Emaar Properties to the Company, the Company became the leading developer of integrated lifestyle masterplan communities in Dubai, which feature world-class residential and commercial property, shopping malls and other retail assets and high-end hospitality and leisure attractions. Redefining the traditional approaches to property development, the Company’s integrated lifestyle masterplan communities are distinguished by their world-class design, superior build quality, high quality finishes and wide range of amenities. Its integrated lifestyle masterplan concept combines retail, hospitality, leisure and other requirements of the Company’s residents within secure, well-maintained communities. In addition, the Company ensures through its collaboration with local regulators, utility companies and government agencies that the infrastructure necessary to support these residential communities, such as roads, power, water and sewage, landscaping and open recreational spaces, is in place. With the support of the Company’s parent company, Emaar Properties, the Company has developed some of Dubai’s most prestigious integrated lifestyle masterplan communities, including Emirates Living, the first major freehold community built in Dubai, and Downtown Dubai, one of the world’s most visited destinations.”

Key Facts

April 2,2003

Ernst & Young

Fiscal Year End

First Abudhabi Bank

Board Members


H.E. Mohamed Ali Rashed Al Abbar


Mr. Ahmad Jamal H. Jawa
Mr. Jamal Majed Khalfan Bin Theniyah
Mr. Arif Obaid Saeed Al Dhahail Al Mehairi
H.E Dr. Aisha Bint Butti Bin Bishr 
Mr. Abdulla Mohammed Alawar
Mr. Adnan Abdulfattah Kazim

Top Management

Mr. Chris O’Donnell

Mr. Sunil Grover
Ms. Rasha Hassan

Equity Profile


Nov 22, 2017


Realest. & Construction


8,000,000,000 AED




1.00 AED


 Dubai Hills Estate LLCDubai  50%
 Zabeel Square LLC Dubai 50%
 Emaar Dubai South DWC - LLC Dubai 50%

Contact Details

Head Office

Emaar Square, Building 3, Level 1

P.O. Box

Phone No.

+971 4 367 3333

Fax No.

+971 4 367 3000

Email address:





  • EMAARDEV Prospectus 2017

Showing Last 10 Disclosures - EMAARDEV View all
Showing Last 10 Issuer News - EMAARDEV View all
No data could be found.
Showing Last 10 Financial Reports - EMAARDEV View all
EMAARDEV 14-05-2018 08:37 AM

Financial statements for the 1st QTR of 2018

1 File(s)
EMAARDEV 15-02-2018 08:49 AM

Financial statements for the year of 2017

1 File(s)
EMAARDEV 22-11-2017 08:39 AM

Financial statements for the 3rd QTR of 2017

1 File(s)
EMAARDEV 22-11-2017 08:38 AM

Financial statements for the years of 2014, 2015, 2016

1 File(s)
Showing Last 10 General Meetings - EMAARDEV View all
No data could be found.
Top ShareholdersLast Refreshed at: 20 May 2018

Individual Investors

شركه اعمار العقاريه ش .م.ع 79.00%

  • 1 EN

    Article of Association - EMAARDEV 0001

Foreign Investments View all
National GCC Arab Other Nationalities
Country of Origin Actual Permitted Actual Permitted Actual Permitted Actual Permitted As of Date:
United Arab Emirates 90.46% 100% 2.01% 49% 0.18% 49% 7.35% 49% 17-05-2018
Showing Last 10 Corporate Governance Reports - EMAARDEV View all
No data could be found.
No data could be found.
  • Ownership percentage is subject to change based on several reasons including the following:
    1. Trading activity.
    2. Off-Market Transactions such as family and inheritance transfers.
    3. Changes in the nationality status of investors.
    4. Securities deposits and withdrawals to and from DFM for Dual listed companies.
    5. Capital increase by issuing new shares to a strategic investor.
    6. Converting Bonds into shares.
    7. Equity added to the equity of the associated group.
    8. Direct Deals.


Percentages are updated daily after 4 pm
The above published Ownership Percentages:
  • Are updated daily at the end of every trading day based on date of trade and not settlement date.

  • The ownership percentages are rounded off to 2 decimal places

  • Ownership percentages are subject to change due to the following:

    1. Trading activities.

    2. Off-Market Transactions such as family and inheritance transfers.

    3. Changes in the nationality status of investors.

    4. Securities deposits and withdrawals to and from DFM for Dual listed companies.

    5. Capital increases, by issuing new shares to Strategic investor

    6. Converting bonds or Sukuk into shares.

    7. Changes of associated group’s ownership.

    8. Direct Deals. (The ownership percentage is changed immediately after the execution of the deal).

    9. Failed trade settlement.


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