Emaar was established in the year 1997 and is a leading property developer in Dubai, UAE. It is one of the largest property developers in the world. Emaar is known for its iconic landmarks and developments that are spread across continents like Asia, Europe, Africa, and North America. The company has been developing residential, commercial, and leisure properties since its inception.
Emaar is one of the largest developers in the Middle East. They’re known for constructing some of the world’s most iconic structures including Burj Khalifa, Dubai Waterfront, and Palm Jumeirah.
Today, Emaar has grown into an expansive developer with extensive expertise in the entire value chain of real estate development and services, from land acquisition, master planning, and design through to construction, marketing, sale, and management.
The company is one of the leading property developers in the world. Under Emaar’s corporate structure, each project is managed by a dedicated team that includes technical experts and land planners. This ensures that every project is undertaken in accordance with Emaar’s high standards and specifications.
The Company’s commitment to high-quality development has made it the preferred choice for many of the world’s top companies who are looking for high-end properties with easy access to global business and leisure destinations.
The company, Emaar Properties, was established by the Government of Dubai to develop real estate infrastructure across all sectors of the country and boost the economy. Its first major project was The Palm Jumeirah villas, which have been awarded international accolades for their design and architecture.
Recently, Emaar has started developing projects in Pakistan as well. The company is currently building Karachi Oceanfront which will be a 4-mile-long coast connecting Karachi to the Arabian Sea. In 2016, Emaar acquired a majority stake in DHA Karachi. DHA is the largest integrated development scheme of its kind in Pakistan.
The company plans to develop this property over the next 10-15 years by building a commercial and residential district. Emaar has acquired a $1 billion loan from Emirates NBD that will be used to help fund their projects in India and Pakistan. This loan is part of an economic partnership between Emaar and Emirates NBD.
What is Emaar Oceanfront Karachi?
Emaar is a leading global investment company that has taken the world by storm in recent years. They are best known for its luxury developments and high-value properties, such as Burj Khalifa, the tallest building in the world. In Pakistan, they have recently announced plans to develop a master-planned community on a 1.5km stretch of beachfront on Karachi’s East Bay.
Emaar’s latest venture is the Emaar Oceanfront. The community will be spread over 75 acres and include residences, hospitality spaces, retail, shopping, and corporate zones.
Emaar Oceanfront is situated along the coast and has a lot of beautiful features. You can live in one of the residences, stay at one of the hotels or have some shopping or eat at a restaurant in this luxe community.
The mega-development of about 75 acres is comprised of 30 residential and commercial towers that vary in height from 25 to 45 floors.
The project will contain a 5-star hotel, residential towers, serviced apartments, office space, and retail stores with other different functions.
The towers offer upscale residential living at the best locations and with great views of the Arabian sea.
The development is supported by basement and podium-level car parks and high-end amenities, including a mosque, club, community center, and adjunct facilities.
The open spaces in the project are strategically planned to allow for breathing space and provide a boardwalk and beaches. The gross area of the project is approximately 29 million sq ft. If you want to know more about each building and their payment plans, H&S’s experts can help you get the best and most profitable investment.
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