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Saturday, November 28 - 2009

EMAAR to highlight real estate investment opportunities in UAE at international trade fair

  • United Arab Emirates: Monday, October 20 - 2003 at 13:21
  • PRESS RELEASE

EMAAR Properties, which is developing landmark properties in Dubai and across the region including the world's tallest building, Burj Dubai, Dubai Marina and Arabian Ranches, is to showcase investment opportunities at its residential developments during the first UAE Trade exhibition to be held in India.

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  • Arabian Ranches, EMAAR's desert themed golfing, equestrian and residential community, will be showcased at the UAE Trade Exhibition in India.
    Arabian Ranches, EMAAR's desert themed golfing, equestrian and residential community, will be showcased at the UAE Trade Exhibition in India.
The event is taking place at the Mumbai World Trade Centre from October 21 to 24, 2003.

The UAE Trade exhibition is a unique initiative by the Dubai Chamber of Commerce and Industry (DCCI), the Public Corporation for Ports, Customs and Free Zones and the Department of Tourism and Commerce Marketing (DTCM), and aims to strengthen trade between the two regional economic powers. India is ranked as one of the UAE's major trading partners, with bilateral trade in non-oil products having grown to more than US$3.5 billion a year.

Commenting on the company's involvement, Mansour Al Othaimin, Corporate Director, Sales and Marketing, EMAAR Properties, said: "As the premier property development company in the UAE, we greatly value the opportunity to take part in this historic exhibition. This event provides us with a platform to spur inward investment into the UAE.

"The large number of Indian companies and nationals in Dubai is proof of the growing synergies between the two countries and the immense potential for investment. The buoyant Indian market represents a key focus area for EMAAR Properties and we look forward to interacting with investors who are interested in setting up a base in Dubai or are looking at investing in a second or holiday home," Othaimin added.

EMAAR has ten major residential and commercial projects under development, each offering exclusive lifestyles and prices geared to cater to the demands of the diverse needs of Dubai's multi-ethnic community.

Showcased at the exhibition will be Dubai Marina, one of the world's largest waterfront developments, the Arabian Ranches desert resort with golf and equestrian themes and Burj Dubai which is set to be the tallest tower in the world and part of a massive new master-planned community that will become the focal point of Dubai's new growth corridor.

"EMAAR plays a pivotal role in the growth of the real estate sector and Dubai. By developing its projects and offering investment opportunities it has become a catalyst for further growth and prosperity in the UAE," Othaimin concluded.
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Notes and media contacts

About EMAAR Properties PJSC

EMAAR Properties is a Public Joint Stock Company listed on the Dubai Financial Market. With an asset base of USD 6 billion including the land bank, the Company's vision is to 'Shape the Future of Dubai' by focusing on innovation, meticulous planning and the continuous pursuit of excellence. The Company has witnessed tremendous growth since its inception in 1997 and boasts a rapidly growing tenant base.

Currently, it has ten major real estate projects under various stages of development. These developments include Dubai Marina, Arabian Ranches (including Gazelle), Emirates Hills, The Meadows, The Springs, The Lakes (including Hattan Homes), The Greens and EMAAR Towers in downtown Dubai. The company also owns and manages the Gold and Diamond Park and will soon launch on its ambitious plans to build Burj Dubai - the tallest skyscraper in the world.

While EMAAR continues to actively pursue expansion in its core business of innovative, high quality real estate development it has diversified into related business lines to further build value for its 41,000 shareholders. In line with this corporate belief, EMAAR also owns and manages four subsidiaries - Dubai Bank, focused on retail and commercial banking, Amlak Finance, the UAE's first and only mortgage finance company, EMRILL, a joint venture with the UK-based Carillion plc which provides innovative property and facilities management services, and it technology and communications company, Sahm Technologies.

For further information, please contact:
Christa Vander/Sameh Hamtini
ASDA'A Public Relations
Burson-Marsteller exclusive Middle East affiliate
Dubai, UAE
Tel: +971-4-3355969, Fax: +971-4-3356080

Malika Bseiso
EMAAR Properties
Tel: +971-4-3164566
Fax: +971-4-399 2568


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