Emaar Development

Emaar Group’s Property Sales Surge by 47% Over the Previous Year

Emaar Group’s Property Sales Surge by 47% Over the Previous Year

Emaar Properties PJSC (DFM: EMAAR) has released its Q1-2024 financial results, showcasing robust performance and operational efficiency across its various business segments. Financial Highlights Emaar reported revenues of AED 6.7 billion (US$ 1.8 billion) and a net profit before tax of AED 4.3 billion (US$ 1.2 billion), marking a 16% increase from the same period last year. This growth was driven by a...

3 Bedroom apartment for rent in Downtown View II tower 3 in downtown dubai

Emaar Properties Surges with a 42% Profit Boost in Response to Escalating Real Estate Demand

In a testament to Dubai's thriving real estate sector, Emaar Properties has reported an impressive 42% YoY growth in its nine-month net profit, reaching Dh8.2 billion. This exceptional financial performance is attributed to a convergence of factors, including a surge in tourism, robust retail sales, and escalating demand for real estate. Unlocking Growth: With revenues reaching...

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