12/06/2026 04:12 AST

Emaar Properties is preparing to unveil a Dh200 billion master-planned development in the heart of Dubai, in what the company says will be one of the largest urban districts it has ever conceived.

The project will have a total built-up area exceeding 4.5 million square metres and is designed to accommodate nearly 150,000 residents across a mix of residential towers, villas, mansions, offices, retail, hospitality, cultural spaces and civic amenities.

The company has not yet disclosed the name or precise location of the development, but said the full unveiling is imminent.

A city within the city
The project is being described as a self-sustaining urban district, combining homes, workplaces, schools, healthcare, mosques, retail and cultural venues within a walkable community.

Emaar said the development will be structured around the principles of the 20-minute city, with proposed metro connectivity, smart mobility infrastructure, EV-friendly pathways, cycling routes and app-integrated community services.

The masterplan will include landmark residential towers with views oriented towards Burj Khalifa, Burj Al Arab and Palm Jumeirah, alongside an exclusive gated villa enclave with five and six-bedroom residences and mansions.

At the centre of the district, a high street and grand boulevard will bring together shops, restaurants, cafes and cultural experiences, giving the development a retail and lifestyle spine similar to the integrated communities that have shaped Dubai's real estate market over the past two decades.

Villas, towers and green space
The new district will combine high-density urban living with resort-style residential pockets, including private gardens, water features, parks, community lagoons, lakes, shaded promenades and dedicated cycling paths.

A central district park is planned as one of the main public spaces, with sports courts, event lawns, splash parks, beach areas and outdoor wellness zones.

The masterplan will be divided into five character zones. These include a Business Hub, an Urban District, a Young Families Cluster, a Family Living Zone and an exclusive villa enclave.

"We have always believed that the greatest cities are not built, they are dreamed," said Mohamed Alabbar, Founder of Emaar Properties. "What we are about to reveal is our most extraordinary dream yet: a place where the finest architecture, the most immersive landscapes and the most advanced thinking about how people live come together in one magnificent vision.

"This development reflects our deep confidence in the future of the UAE and our belief in the visionary leadership that continues to create an environment where ambition, innovation and bold ideas can thrive," he added.


Gulfnews

Dubai Holding becomes Emaar Properties' largest shareholder

13/05/2026

Dubai Holding and the Investment Corporation of Dubai (ICD) have announced the completion of a transaction under which Dubai Holding has acquired a 22.27 per cent equity stake in Emaar Properties PJS

Trade Arabia

Emaar Properties Q1 revenue hits $3.4 billion; profit before tax $2bn

12/05/2026

Emaar Properties delivered a strong start to the year 2026, supported by sustained demand across its core segments, disciplined execution, and the Group's diversified business model, the company said

Trade Arabia

Emaar says malls, hotels, development projects 'operating normally'

04/03/2026

Emaar Properties on Wednesday said all of its malls, hospitality assets, and development projects were "operating normally" as its sales more than doubled year-on-year in the first two months of 2026

Khaleej Times

Ticker Price Volume
EMAAR Sector Market
P/E
Price/BookValue
Dividend Yield (%)
Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg
Ticker Price Change
ALDAR 8.11 0.37 (4.78%)
EMAARDEV 14.70 0.56 (3.96%)
ERES 0.88 0.01 (1.14%)
MABANEE 998.00 4.00 (0.40%)
TECOM 3.37 0.06 (1.81%)
NBB plays key role as Joint Lead Manager in Bahrain's $1bn sovereign bond issue

18/06/2026

National Bank of Bahrain (NBB) acted as Joint Lead Manager and Bookrunner in Bahrain's successful $1 billion 10-year international bond issuance.

The bank's involvement reinforces its role

Trade Arabia

NBK launches rewarding cashback offers for new credit card customers

18/06/2026

As part of its firm commitment to providing a seamless and comprehensive digital banking experience, and its continuous dedication to rewarding its customers and delivering added value that meets the

Kuwait Times

Al Mohafaza Education Reschedules Interest-Free Loan with Related Party

17/06/2026

Al Mohafaza Company for Education has announced the rescheduling of an interest-free loan obtained earlier this year from Maroum Drilling Medical Services Company, a related party. The loan, valued a

Gulfbase

Dar Al Majed Real Estate Expands Presence with New Jeddah Sales Center

17/06/2026

Dar Al Majed Real Estate Company, known commercially as Al Majdiah, has announced the official opening of its new sales center in Jeddah. The facility is strategically located on King Abdulaziz Road

Gulfbase

NBB unveils Summer Cashback Campaign

17/06/2026

THE National Bank of Bahrain (NBB) has launched its Summer Cashback Campaign, offering credit cardholders the opportunity to maximise their international spending during the peak vacation season.

GDN Online