Emaar Address Residences Zabeel Has Sold Out Within a Week

Emaar Address Residences Zabeel Has Sold Out

The residential complex of 4 high-rise towers from the developer, Emaar, and the hospitality brand, Address Hotels + Resorts was announced at the beginning of Febraury 2024.

Location: Za'abeel

The towers will comprise over 1,600 units with views of Burj Khalifa, Dubai Opera, and Dubai Frame: 

– Apartments with 1, 2 & 3 Bedrooms

– Penthouses with 4 Bedrooms

Prices at the start of sales from $490,000.

Benefits:

• Main and Kids' Pools

• Deck with Cabanas

• Gym and Yoga Area

• Lawn and BBQ Pods

• Cafes and Shops

• Kids' Play Area

Emaar Properties reported a 70% annual increase in net profit in 2023.

In 2023 compared to 2022:

Emaar Properties

– Revenue rose by 7% to $7.3 Billion

– Real Estate Sales increased by 15% to $11 Billion

Subsidiary, Emaar Development 

– Sales rose by 21% to $10.2 Billion

– 27 Projects Launched in the UAE

Emaar was also recognised as the world's strongest real estate brand in 2023.

In January 2024 the developer announced the start of sales apartments in Aeon