Emaar Development, a majority-owned subsidiary of Emaar Properties, is the developer behind several of Dubai’s major freehold communities, including Emirates Living, Downtown Dubai, and Dubai Creek Harbour. In 2024, the company launched 62 new projects across the U.A.E., generating $17.8 billion in property sales, an increase of more than 75% compared to 2023. As of December 2024, Emaar Development had a total landbank of 367 million square feet in the U.A.E., with 42,000 units under construction and over 74,000 units delivered since inception.