Mohamed Alabbar founded Emaar in 1997. Emaar owns Burj Khalifa, Dubai Mall, and Address Dubai Mall, among other landmarks in Dubai. It has a land bank of 1.7 billion square feet. Since 2002, Emaar has delivered over 118,400 residential units globally. It also owns and manages 38 hotels with around 9,200 keys. In 2024, Emaar Properties recorded its highest-ever revenue of $9.7 billion and achieved its highest-ever property sales of $19 billion, a 72% increase compared to 2023. It had $43.6 billion in total assets. Mohamed Alabbar is also the founder of Eagle Hills, Noon, and he is the chairman of Americana Restaurants.