Dubai, UAE – Emaar Properties continues to cement its dominance in Dubai’s real estate market with a major land purchase in Ras Al Khor, worth AED 2.98 billion. This Emaar Ras Al Khor land deal acquisition reinforces Emaar’s strategic vision to secure premium land for its expanding portfolio of luxury developments.
The seller, Amlak Property Investment, is shedding non-core assets as part of a financial restructuring. This deal highlights a growing trend in Dubai’s property sector, where developers are actively acquiring prime land to meet rising investor demand, including significant transactions like the Emaar Ras Al Khor land deal.
Fueling New Luxury Developments
Emaar has been on a project launch spree, with new developments like The Valley and The Oasis receiving strong market response. The Ras Al Khor acquisition ensures Emaar has the land required for upcoming high-end communities and lifestyle-driven projects, showcasing their strategic moves such as the Emaar Ras Al Khor land acquisition.
“This land purchase will support the company’s strategic growth objectives,” stated an official from Emaar. “Acquiring this land enables us to expand our portfolio and initiate new real estate projects aligned with our core vision.”
Strategic Expansion Continues
This isn’t Emaar’s first large-scale land investment. In 2022, the developer finalized a Dh7.5 billion deal with Dubai Holding to acquire the full rights to Dubai Creek Harbour, one of the city’s most ambitious master-planned projects. This follows the Emaar Ras Al Khor deal as part of their strategy.
Dubai’s land market is buzzing. Just days before this announcement, BinGhatti revealed a major acquisition in Nad Al Sheba, where it plans a development portfolio valued at AED 25 billion.
Financial Strength and Market Confidence
Emaar’s solid performance is backed by its financials. The company’s revenue backlog reached AED 127 billion by Q1 2025 — a 62% increase year-on-year. Ongoing projects like high-rises in Dubai Creek Harbour continue to generate strong sales momentum and investor trust, further boosted by strategic transactions like the Emaar Ras Al Khor land deal.
Key Takeaways:
- Emaar acquires land in Ras Al Khor for AED 2.98 billion
- Supports launch of new luxury projects
- Follows Emaar’s full acquisition of Dubai Creek Harbour
- Developer revenue backlog hits AED 127 billion in Q1 2025
- Dubai continues to attract major land deals and high-end developments
