Emaar Development records property sales worth $8.36bn in 2022
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
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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 ($9.5 billion) - as well as growth in profitability and marked improvement in the performance of recurring revenue businesses.
Group property sales reached Dh35.1 billion, primarily driven by new project launches
<ul> <li><b>Roadshow included 82 meetings with 35 global institutions</b> <b>managing more than US$ 1 trillion</b></li> <li><b>Noticeable demand from international institutions to strengthen their presence in Dubai capital markets</b></li> </ul>