Latest Press Releases By Emaar | Emaar Properties
Discover the latest press releases by Emaar properties to become updated with our achievements, team, and properties in UAE. Visit us for more info.
Emaar Announces Groundbreaking AED 96-billion Exclusive …
Feb 29, 2024 · Dubai, United Arab Emirates – 29 February 2024: Emaar Properties, a global property developer synonymous with pioneering architectural landmarks, today announces the launch of two new major projects, The Heights Country Club in Dubai, and Grand Club Resort next to The Oasis.
Emaar’s profit increased by 70% and property ... - Emaar …
Feb 8, 2024 · • Emaar’s property sales backlog reached AED 71.8 billion (US$ 19.5 billion), to be recognised as revenue in the coming years • Emaar’s EBITDA increased by 63% to AED 16 billion (US$ 4.4 billion) • Recurring revenues grew by 26% in 2023, supported by increased tenant sales and robust tourism
Emaar announces $400m expansion of Dubai Mall | The National
Jun 3, 2024 · Emaar Properties has announced the Dh1.5 billion ($408 million) expansion of Dubai Mall as it seeks to attract more visitors and grow the venue's offerings. The plan will include 240 new luxury shops and food and beverage outlets, and the contractor is already mobilising on-site, Emaar said on Monday. It did not give an estimated completion date.
Emaar Properties' revenues reach AED14.4 billion in H1-24
Aug 8, 2024 · Emaar Properties has released its financial results for the first half of 2024, reporting total revenue of AED14.4 billion ($3.9 billion) and a net profit before tax of AED7.8 billion ($2.1 billion), achieving growth of 17% and 33%, …
Dubai's Emaar Properties posts 80% surge in 2022 profit on …
Feb 14, 2023 · Tenant sales surpassed pre-Covid levels, and occupancy rates at The Dubai Mall, Emaar's flagship asset, stood at 97 per cent, the company said. In its hospitality, leisure, entertainment and commercial leasing units, revenue surged 57 per cent to Dh3.4 billion in 2022.
Dubai’s Housing Boom Prompts Emaar to Start $21 Billion Project
Feb 29, 2024 · Emaar Properties PJSC is starting sales at The Heights Country Club, an 81 million square feet development valued at 55 billion dirhams, it said in a statement. Residences are also up for grabs...
The Oasis: Emaar unveils $20 billion Dubai development with …
Jun 14, 2023 · A new $20 billion (Dh73 billion) luxury waterfront property development has been unveiled by Emaar. The project, which is on the outskirts of the city, is called The Oasis by Emaar, and will consist of 7,000 residential units including mansions and villas.
Emaar beats forecasts with 46% Q3 profit rise as Dubai rebounds
DUBAI, Nov 14 (Reuters) - Emaar Properties (EMAR.DU), Dubai's biggest listed property company, on Monday posted a 46% rise in net profit in the third quarter to 1.5 billion dirhams ($408.40...
Emaar Properties boosts Dubai, Abu Dhabi rebounds | Reuters
Nov 10 (Reuters) - Stock markets in the United Arab Emirates closed higher on Friday, with Dubai's index boosted by a surge in blue-chip developer Emaar properties (EMAR.DU) and its construction...