Emaar Properties founder: We are preparing to unveil a $54 billion project in Dubai

- Emaar Properties, the largest listed real estate developer in Dubai, is preparing to unveil a 200 billion dirham ($54.46 billion) real estate development project in the emirate, founder and chairman Mohamed Alabbar said on Thursday.

He stated in an Instagram post that the project will have "an exceptional view that brings together, in one scene, three of the city's timeless icons, Burj Khalifa, Burj Al Arab and Palm Jumeirah, with the best requirements of modern life in Dubai."

(US$1 = 3.6725 dirhams)