Financial Results

Union Properties to Launch Dh5 Billion Projects Despite Dh18.3 Million Net Profit in Q1 2024

Union Properties to Launch Dh5 Billion Projects Despite Dh18.3 Million Net Profit in Q1 2024

Developer Union Properties, a well-known company in Dubai, announced a Dh18.3 million net profit for the first quarter of 2024, reinforcing its plans for Union Properties to Launch Dh5 Billion Projects Despite Dh18.3 Million Net Profit in Q1 2024. This favorable result demonstrates the success of its strong operating plans and cost-cutting initiatives, highlighting the business's triumphant comeback...

Dar Global Reports Over Dh1.3 Billion in Revenue with a Margin of 41%

Dar Global Reports Over Dh1.3 Billion in Revenue with a Margin of 41%

Dar Global, a leading luxury international real estate developer, has unveiled its audited full-year financial results for the period ending December 31, 2023. The company reported record-breaking revenues of $360.6 million (Dh1.32 billion), accompanied by a robust gross profit margin of 41%, totaling $146.4 million (Dh537 million). Read More : UAE Real Estate Yields Expected to Remain Strong:...

Deyaar Development Achieves Remarkable 206% Surge in Net Profit, Reaching Dh440.7 Million

Deyaar Development Achieves Remarkable 206% Surge in Net Profit, Reaching Dh440.7 Million

Deyaar Development PJSC, a prominent real estate developer and service provider, has unveiled exceptional financial results with a staggering 206% increase in its yearly net profit, soaring to Dh440.7 million. This significant growth reflects the company's strategic initiatives and successful endeavors in the real estate sector. Read this also : Revolutionizing Dubai’s Rural Landscape: HH Sheikh...

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