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...

In 2023, Dubai's real estate market witnessed unprecedented growth, achieving record-breaking transaction activity in the residential sector. According to a recent report by global real estate services provider Savills, the residential sector experienced a remarkable 29 percent annual growth, reaching an all-time high of 118,200 units sold, marking the first time transactions surpassed 100,000 in the...