In May 2006 Emaar announced three real estate developments in the cities of Islamabad and Karachi in Pakistan. The projects, with a total investment of AED 8.8 billion (US$2.4 billion), will include a series of master planned communities that will set new standards in commercial, residential and retail property within Pakistan. All three projects are expected to be completed in the next four to five years.
At the 1000 acres project, Canyon Views, Emaar has planned approximately 4500 units; 2650 Townhouses & Villas and 1850 units in mid rise buildings in a range of architectural styles with easy access to amenities including retail centres, community club houses, parks, lakes, schools and mosques. The Highlands development is located within the Defense Housing Authority Islamabad (DHAI) Phase 1 extension and Canyon Views within the DHAI Phase 2 extension. Offering 50 separate community districts with their own individual identity, a spectrum of architectural styles ranging from Mediterranean, Tuscan, Mughal, Arabic and Spanish, will be available to select from.
A 108 acres of recliamed land development featuring high and mid-rise towers for residential and commercial use, a shopping centre and five star beachfront hotel. The towers will contain 4000 residential apartments.
Crescent Bay is located within Karachi's DHA Phase 8 and in close proximity to the DHA golf course. It will offer individual architectural styles for each tower within the development.