Emaar Properties is considering the sale of its Dubai headquarters in the face of Dh4.8 billion (US$1.3bn) of debt coming due in the next year.
The company has already been marketing several of the buildings it owns within Emaar Square as well as two buildings it owns in Emaar Business Park near the Greens on Sheikh Zayed Road.
Building number 3 in the Business Park, which has more than 200,000 square feet of space, is being advertised to some buyers at a price of about Dh1,200 per square foot, according to sources. Several floors of that building house Emaar's head office.
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