Page 8 - Emaar Development News Today

In 2022, Emaar Development successfully launched 28 projects in various master plans such as Talia, Orania and Farm Gardens, Elie Saab II and Bliss 2

For Emaar, the backlog of property sales has reached Dhs53.2bn ($14.5bn), which will be recognised as revenue in the coming years.

Emaar Properties has reported continued improvement in its property sales for 2022 - which hit a record AED35.1 billion ($9.5 billion) - as well as growth in profitability and marked improvement in the performance of recurring revenue businesses.

Group property sales reached Dh35.1 billion, primarily driven by new project launches

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<li><b>Roadshow included 82 meetings with 35 global institutions</b> <b>managing more than US$ 1 trillion</b></li>
<li><b>Noticeable demand from international institutions to strengthen their presence in Dubai capital markets</b></li>
</ul>

DUBAI, 17th January, 2023 (WAM) -- The Dubai Financial Market (DFM) International Investor Roadshow 2023 in New York has successfully attracted numerous leading global investment institutions. The event conveyed a strong message on the profound confidence of US-based investment international institutions towards Dubai capital markets. The investors have expressed their keenness to be present in the DFM platform. The roadshow was organised in collaboration with Bank of America on 12th and 13th Ja...

Economic resilience, new listings, and a sharp recovery after the pandemic lead gains

Emaar recorded the highest-ever group property sales of Dhs26.9bn ($7.3bn) during the nine-month period

Emaar Achieved Group Property Sales Of AED 26.9 Billion (US$ 7.3 Billion) In The First 9 Months Of 2022;EBITDA Increased By 47 Percent, News, Dubai City Guide

Master developer Emaar has recorded AED18.9 billion ($5.1 billion) revenue for the first nine months underpinned by robust property sales and continued growth in recurring revenue businesses, while its net profit soared to AED5.8 billion ($1.6 billion).