
Emaar Properties has announced its transition to sole ownership and operation of the landmark Eighth Gate development in Damascus, reinforcing its long-term confidence in Syria’s future growth and urban development potential. The mixed-use project is designed to bring world-class residential, retail, hospitality, and commercial experiences to the region while reflecting Emaar’s globally recognised development standards.
Key Highlights
- Emaar Properties announced its exit from the joint venture structure for The Eighth Gate project
- The company will now independently lead the development in Damascus, Syria
- The Eighth Gate is a mixed-use master-planned community located in Yafour, Damascus
- The project is valued at approximately $500 million
- The development spans around 300,000 square metres
- The project was originally conceived in 2005 as Syria’s first master-planned community
- The Eighth Gate includes residential, retail, hospitality, and commercial components
- The development is located approximately 22 kilometres from central Damascus
- Emaar stated that the transition reflects confidence in Syria’s future growth potential
- Mohamed Alabbar highlighted Emaar’s long-term belief in Syria and its people
- The project is expected to follow the same design philosophy as Downtown Dubai and Dubai Hills Estate
- Emaar aims to deliver the development with internationally recognised quality standards
- The Eighth Gate name pays tribute to Damascus’ historic seven ancient gates
- The project is designed to combine modern urban living with Syrian cultural heritage
- Emaar continues strengthening its regional development footprint across the Middle East
- Damascus remains one of the region’s historically significant cities
- The development is expected to contribute to future commercial and residential growth in Syria
- The project reflects increasing regional interest in long-term urban investment opportunities
- Emaar continues expanding its portfolio of large-scale master-planned communities
- The UAE and Syria continue strengthening cultural and development cooperation initiatives
- The UAE recently announced support for restoration efforts at the historic Umayyad Mosque in Damascus
- Infrastructure and real estate developments continue supporting future growth opportunities in the region
- The Eighth Gate aims to create a modern lifestyle destination inspired by regional heritage
- Emaar’s continued expansion highlights confidence in strategic regional development projects
- The project reinforces the importance of integrated communities in future urban planning strategies
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