39. Emaar Development

Country: U.A.E.
Sector: Real Estate & Construction
CFO: Sunil Grover
Market Value: $6 billion
Sales: $3.1 billion
Profits: $1.2 billion
Assets: $11.6 billion

Emaar Development has been part of Emaar Properties since its inception in 1997. When Emaar Properties later restructured its business, it transferred its real estate development division and activities to Emaar Development, which then went public in 2017. The company is responsible for freehold communities in Dubai, including Emirates Living, Downtown Dubai, Dubai Marina, and Arabian Ranches. It has a land bank of 290 million square feet in the U.A.E. Emaar Properties owns 79.2% of the company.