Sector: Real Estate & Construction
Date of Establishment: 1997
Market Value: $7.3 billion
Emaar Properties is among the largest real estate companies in the Middle East. It developed Dubai Downtown, home to the Burj Khalifa and Dubai Mall. In 2020, Emaar’s profits decreased 58% to $921 million. The company entered e-commerce in 2019 by acquiring Namshi, which increased its revenues by 28% in 2020.