MEED | Financing shields developers from interest rate hikes
Concerns build for 2023 as Dubai's property market continues to ride high
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Concerns build for 2023 as Dubai's property market continues to ride high
Property sales hit record high at Dh26.9 billion during the period
Emaar Properties on Monday announced continued growth in the first nine-month profitability, underpinned by robust property sales and growth in the perform..
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).
The performance was led by new project launches and continued focus on the sale of units in under-construction projects