Emaar Properties Dubai Square Completion Timeline
- Emaar Properties, listed on the Dubai Financial Market (DFM), has announced "Dubai Square," a future shopping and entertainment destination located in Dubai Creek.
- Dubai Square is a central component of the larger Dubai Creek Project, a massive waterfront development.
- Emaar Properties initially launched the project in July 2018, and in February 2024, announced the completion of the detailed design phase.
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Dubai Square: Emaar Properties‘ Mega-Project Transforming Dubai Creek
What is Dubai Square?
Emaar Properties, listed on the Dubai Financial Market (DFM), has announced “Dubai Square,” a future shopping and entertainment destination located in Dubai Creek. This ambitious project will span an remarkable 2.6 million square meters,encompassing retail spaces,hospitality venues,and office areas.
The Dubai Creek Project: A Larger Vision
Dubai Square is a central component of the larger Dubai Creek Project, a massive waterfront development. This project represents a significant investment in Dubai’s future, with a total cost of 180 billion dirhams and covering an area exceeding 11 million square meters – three times the size of Downtown Dubai. This scale positions Dubai Creek as a major urban hub and tourist destination.
Construction and Timeline
Construction is currently underway on Dubai Square. Emaar Properties initially launched the project in July 2018, and in February 2024, announced the completion of the detailed design phase. The project is expected to be completed within three years of the February 2024 proclamation, placing the estimated completion date around early 2027.
Key Milestones
| Date | Milestone |
|---|---|
| july 2018 | Project Launched |
| February 2024 | Detailed Design Completed |
| Early 2027 (estimated) | Project Completion |
Emaar Properties’ Financial Performance
Emaar Properties has demonstrated strong financial performance recently. in the third quarter of 2025,the company reported a 37% increase in profits year-over-year. This growth underscores Emaar’s position as a leading real estate developer in the region and its ability to deliver accomplished projects like Dubai Square.
What Does This Mean for Dubai?
The development is expected to have a significant impact on several key areas:
- Tourism: Attracting more tourists with a world-class shopping and entertainment destination.
- Real Estate: increasing property values in the surrounding areas and creating new investment opportunities.
- Employment: Generating numerous job opportunities in retail, hospitality, and construction.
- Economic Growth: Contributing to Dubai