Emaar

Emaar Properties has increased community service charges for The Meadows for 2011, which is 34 per cent higher than the last year.

he firm. The Dubai real estate giant and developer of the Burj Khalifa said in a statement yesterday that the team would be responsible for the “roll-out of a five-year corporate strategic action plan for long-term value creation”. The change in strategy comes after Emaar posted a sharp fall in first quarter profits as the number of finished units it handed over declined.

January 30, 2010: Emaar Malls Group, the shopping mall and retail subsidiary of Emaar Properties, is blending luxury travel and leisure to offer an unparalleled array of exciting events and promotions to the 15th edition of Dubai Shopping Festival 2010, the month-long shopping and entertainment extravaganza running January 28 - February 28, 2010.

Emaar said net profits dropped to 612 million dirhams (166.8 million dollars) in the quarter ending September 30, compared to 655 million dirhams in the corresponding period last year. The developer that built the world's tallest tower, Burj Khalifa, said however that its revenues increased 43 percent to 2.8 billion dirhams in the same period.

Emaar in conjunction with the Dubai Shopping Festival is proud to host the finale of the 2011 DSF Carnival. Witness a spectacular parade with international performances ranging from floats, percussionists, acrobats, dancers and more. The DSF Carnival occurs daily from 17 – 19 February from 6:30 to 7:30 pm, on Emaar Boulevard in Downtown Dubai.

Emaar Properties, builder of the world's tallest tower, posted a 62 percent fall in fourth-quarter profit, hit by impairments related to its associates and the results missed analysts forecasts. Emaar handed over 3,500 units in the UAE and internationally in 2010, including over 770 units in Burj Khalifa and 420 units in international markets.

As a series of glamorous events this week in Dubai attract the fashion world’s heavyweights, Emaar, the Middle East’s biggest developer, has announced its plan to launch a US $100 million fund to support emerging design talent in the Middle East.

DDA sits on handover, takes case to Court of Appeals; Emaar-MGF says it is not even allowed to enter Village.

The popular SPIN GEAR roller-coaster ride at SEGA Republic, the first of its kind indoor theme park in the region located on Level 2 of The Dubai Mall, has completed an astounding 30,000 kilometres in just five months!

Emaar and other Dubai home developers have been aggressively working to diversify their portfolios in recent years, in the wake of the downturn in the emirate. The companies are casting a wide net, trying to tap into markets with more activity than Dubai.