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...

Union Properties has reported impressive quarterly revenue and profit gains, highlighting significant progress in its ongoing turnaround plan. The Dubai developer also received favorable resolutions on several long-standing issues, strengthening its path to recovery. Quarterly Financial Highlights In Q1-2024, Union Properties generated Dh138.1 million in revenue from customer contracts, a...

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:...

Emaar Properties, Dubai's largest publicly traded developer, has announced a remarkable 70% year-over-year increase in net profit for the fiscal year 2023, solidifying its position as a key player in the real estate market. Read this also : Aldar Properties Reports 40% Increase in 2023 Net Profit, Declares Dh1.3 Billion Dividends The real estate giant experienced impressive growth in 2023, with...

In an impressive feat for the third consecutive year, Aldar Properties surpassed expectations, recording a 40% surge in net profit to Dh4.4 billion in 2023. This remarkable achievement was complemented by a revenue of Dh14.2 billion, marking a substantial 26% increase. Read this also : Dubai Customs Achieves Record-Breaking 17.15 Million International Visitors in 2023 The...

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...