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Empire World: Iraq’s most ambitious real estate project

IFM_Empire World
Empire World represents a USD 2.7 billion investment in the rapidly growing and economically autonomous Kurdistan region in northern Iraq

Empire World is known as one of the largest and most ambitious real estate developments in Iraq. The venture has captured the attention of the Kurdistan Regional Government (KRG) due to its inclusion of high-end residential units, villas and apartments with modern designs, alongside a luxury hotel and vibrant entertainment such as restaurants, cafés, gyms, and expansive green areas that are environmentally friendly.

In recognition of its scale and impact, Empire World was recently honoured with the prestigious international title “Most Innovative Mixed-Use Real Estate Project—Empire World—Iraq 2025,” presented by International Finance.

International Finance is known for celebrating excellence in both residential and commercial real estate developments in emerging markets, specifically honouring those who deliver consistently valuable and engaging experiences for customers.

Launched in 2006, Empire World has committed itself to delivering the highest standards in construction through world-class engineering teams and premium materials. By 2007, the project opened its doors, offering residents access to some of the most luxurious housing (Royal Villa) in Erbil. The project also boasts a wealth of turnkey office spaces, offering ideal environments for businesses to grow and thrive, all within a single, sprawling complex.

Empire World represents a USD 2.7 billion investment in the rapidly growing and economically autonomous Kurdistan region in northern Iraq. As a result, it has earned a high-ranking status among global commercial developments. Winning the International Finance Award further solidifies its standing on the global stage.
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Located in Erbil, the capital of Kurdistan, the Empire World development exemplifies architectural innovation and commercial excellence. It marks a turning point in the region’s urban growth, placing it among the leading development hubs in Iraq.

Erbil’s outlook has been brightening with rapid development and increasing investment interest. The city has become a magnet for investors seeking high-potential opportunities, signalling a promising economic future. With significant investments in infrastructure, energy, and transport, the Kurdistan region is emerging as a gateway for broader investment in Iraq.

At each stage of construction, the Empire World project was designed to respond to the region’s market needs, particularly the housing deficit. Its location further enhances its strategic value. It is near Erbil International Airport and adjacent to one of the city’s largest parks—Sami Abdulrahman Park.

Empire World was carefully planned to provide everything an individual might need—residential units, entertainment spaces, green zones, and a thriving business environment. The quality of its housing units has earned a reputation as the best in the region, and its office complexes provide an ideal setting for businesses to flourish.

What makes Empire World stand out as one of the largest and most successful projects in Iraq are features like a mix of zones for business, residential, hospitality, and leisure, massive land area covering 750,000 square metres (300 acres) and a total project budget of $2.7 billion, promising long-term value and impact.

Empire World also has 88 towers, 300 luxury villas, along with other comprehensive facilities including a mosque, medical clinic, gym, shops, and restaurants. The presence of the JW Marriott luxury hotel has elevated the project’s status by leaps and bounds.

To date, 70% of the Empire World project has been sold—a testament to the demand and trust it has garnered. As one of Iraq’s most ambitious real estate endeavours, the project’s high quality and modern design continue to attract foreign companies looking to establish offices in a sophisticated and business-friendly environment. Empire World has also become home to many start-ups, offering them ideal conditions to grow and succeed in Kurdistan.

Due to the project, over 1,000 foreign and local employees have found work opportunities, contributing to the region’s economic development and signalling positive momentum for Kurdistan’s job market.

According to Empire World Chairman Peshraw Agha, one of the project’s major milestones was the early success of Royal City, a sub-project comprising 300 royal villas. These were sold out even before 2010, just four years after construction began. Today, real estate values in Royal City have more than tripled, reflecting the strong market and growth potential in the area.

Empire World consists of multiple sub-projects that have collectively contributed to its success, including Empire Square (residential and commercial), Empire Wings (West and East), Empire Diamond (West and East), Empire Business Complex, Empire Business Towers, Royal Villas, Royal Apartments, JW Marriott and Empire Luxury Restaurants. These projects were built with high-quality materials and modern design principles, adding long-term developmental value to the city of Erbil.

Being awarded the “Most Innovative Mixed-Use Real Estate Project—Empire World—Iraq 2025” can be summed up as a landmark achievement for Iraq’s real estate sector. Empire World has successfully contributed to regional development, created extensive job opportunities, and delivered a world-class urban experience that’s been shaping the future of living and working in the Middle Eastern country.

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