Emaar Properties PJSC is one of the world’s largest real estate companies and a global provider of premier lifestyles.
It has a global presence in 36 countries spanning ME, NA, Pan Asia, Europe and North America in addition to subsidiaries ranging from healthcare & hospitality to retail & education.
Emaar’s flagship project is Downtown Burj Dubai featuring Burj Dubai – the world’s tallest tower. Adding to its global portfolio Emaar has recently developed presence in Indonesia - an emerging market with strong growth potential, especially in the tourism sector.
In a JV with Bali Tourism Development Corporation (BTDC), a Ministry of State Owned Enterprises entity, Emaar will develop The Lombok Project, envisaged as a world-class residential and premium resort community spread over 1,200 hectares. Set on the Kuta and Tanjung beaches, the project will integrate residential, leisure, hospitality zones.
This US$600 million (IDR5446 billion) mixed-use development will transform Lombok into a world-class tourism destination and will put it in par with the major tourism destinations in the Southeast Asia region. This island of undiscovered beauty and abundance has remained untouched in the Indonesian archipelago. Spanning an area of 1,200 hectare and 17 km natural waterfront that supports a marina, luxury residences, golf courses and resorts run by five-star hospitality chains this project has been carefully masterplanned to be woven within the natural surrounding and the topography of the land thus preserving the island’s raw and indigenous feel and thoughtfully offering it to the outside world. |
