Emaar Properties, the Dubai-based Public Joint Stock Company has several real estate projects in its primary market of Dubai in various stages of completion. These include Dubai Marina, Arabian Ranches, Emirates Hills, The Meradows, The Springs, The Greens, The Lakes and The Views. Emaar has joint ventures and projects across the region covering India, Egypt, Turkey, Morocco, Syria, Pakistan, Tunisia and Saudi Arabia. The company has witnessed tremendous growth since its inception in 1997 and has begun construction of its most ambitious project within the UAE, the AED 73 billion (US$20 billion) Burj Dubai Downtown development, which comprises Burj Dubai - stated to be the world’s tallest tower when completed in 2008; The Dubai Mall - the world’s largest entertainment and shopping mall; Burj Dubai Boulevard; Burj Dubai Business Hub; The Lofts; Burj Dubai Lake Hotel and Serviced Apartments; The Old Town; The Old Town Island; man-made lakes; landscaped parks and gardens.