Emaar launches ultra-luxury community within AED 100 bn Emaar Hills project: DFM-listed developer Emaar Properties is investing a total of AED 100 bn into its luxury master-planned community Emaar Hills, according to a press release. The community, situated next to the developer’s Dubai Hills Estate, features 40k ultra-luxury residences, including a recently launched limited collection of 10k-20k sq ft villas called Dubai Mansions.

Other features include wellness, retail, and leisure facilities, landscaped parks, and a championship golf course.

REMEMBER- Emaar is branching out: The developer recently launched Rukn Mirage, a new in-house contracting arm under its Mirage subsidiary, to manage select internal projects while continuing to outsource others.

As well as exploring options further afield: The firm is exploring acquisitions in the US, India, China, and Europe as part of a broader strategy to fuel international growth, founder Mohamed Alabbar had previously said. Earlier this week, Alabbar flagged China and India’s emerging economies as promising and also pointed to a gap in US real estate, currently suffering from a housing shortage and an overheated market.

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