08/08/2016 08:09 AST

Emaar Properties has unveiled residences located adjacent to the Dubai Opera in Downtown Dubai, according to a statement on Sunday.

The “Act One | Act Two” residences are housed in 52- and 46-storey towers, with views of Burj Khalifa and the Mohammad Bin Rashid Boulevard. The towers’ façade is inspired by The Dubai Fountain.

The towers will feature 718 residential units including one, two, and three-bedrooms, and a limited collection of penthouses located on the highest two levels. A dedicated promenade opens to the view of the Dubai Opera with high-end retail outlets including cafes, as well as a health club, spa, infinity pools and swimming pools.

“‘Act One | Act Two’ are truly a defining destination of choice for all culturally inclined as they now have the unique value proposition of living right next door to Dubai Opera … the international launch of the project underlines the strong demand from discerning investors who cherish the inspired way of life that ‘Act One | Act Two’ brings,” said Ahmad Al Matrooshi, managing director of Emaar Properties.

“Act One | Act Two” will be launched internationally with a sales event in London on August 10, followed by the Dubai launch on August 11 at the Emaar Sales Centres.

The launch follows the earlier investor interest to the Dubai Grand and Forte residences in The Opera District, which features luxury hotels, homes, a retail plaza, waterfront promenades and parks, according to the statement.

The Dubai Opera is expected to open its doors August 31 this year.


Gulf News

Emaar unveils 220-key hotel project in Dubai

28/03/2018

Emaar Hospitality Group, the hospitality and leisure subsidiary of Emaar Properties, has expanded the portfolio of hotel projects under its Vida Hotels and Resorts brand, with the new Vida Za’abeel.<

Trade Arabia

Aldar and Emaar shares climb after Dh30bn strategic alliance

21/03/2018

The shares of Aldar and Emaar Properties, two of the the UAE’s biggest developers, rose during early trade on Wednesday after unveiling a strategic alliance to develop local and international project

The National

Emaar launches ultra luxury tower in Dubai

06/03/2018

Dubai-based Emaar Development has unveiled an exclusive collection of ultra-luxury apartments, penthouses and podium-level townhouses in The Grand, a spectacularly designed residential tower located

Trade Arabia

Ticker Price Volume
SABIC 114.77 5,915,941
SAMBA 26.98 1,138,683
STC 83.41 257,644
DARALARKAN 13.47 74,648,349
EMAAR Sector Market
P/E
Price/BookValue
Dividend Yield (%)
Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg
Ticker Price Change
EMAARMALLS 2.16 0.00 (0.00%)
EMAARDEV 5.33 0.03 (0.56%)
DAMAC 3.01 -0.01 (-0.34%)
UPP 0.88 -0.01 (-1.13%)
ARTC 2.23 0.00 (0.00%)
SABIC-MCC joint venture starts output

05/04/2018

SABIC announced the successful completion of the pilot operation of the Methyl Methacrylate Monomer (MMA) and Poly Methyl Methacrylate (PMMA) plants and the commencement of commercial operations.

Saudi Gazette

S&P affirms QIB rating at A-

05/04/2018

Standard & Poor’s (S&P) has affirmed QIB’s Issuer Credit Rating at A-, Qatar’s leading Islamic bank has said in a release. According to S&P, the major contributing factors strengthening QIB’s rating

Gulf Times

Qatar National Bank seeks growth in Southeast Asia

05/04/2018

Qatar National Bank (QNB) aims to increase its profit by 5-8 percent this year and loans and investments by 10-12 percent, helped by expansion into faster-growing Southeast Asia markets, its CEO told

The Peninsula

Doha Bank’s third Indian branch opens today

04/04/2018

Doha Bank has announced the official inauguration of its Chennai Branch, in the southern Indian state, will be held today. This is Doha Bank’s third city in India after its successful establishment o

The Peninsula

SHUAA to act as liquidity provider to Bank of Sharjah

04/04/2018

Bank of Sharjah said it has engaged SHUAA Capital International as liquidity providers for its shares and will commence the activity from April 4. SHUAA Capital International shall not hold more than

Gulf News