Emaar's Profit Increased by 70%; Property Sales Jump 15% to US$ 11
During 2023, Emaar Properties PJSC (DFM: EMAAR) demonstrated sustained profitable growth with ongoing enhancements in property sales
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During 2023, Emaar Properties PJSC (DFM: EMAAR) demonstrated sustained profitable growth with ongoing enhancements in property sales
Emaar Properties unit records 22% increase in property sales, amounting to Dh37.4 billion
Emaar reported that its EBITDA rose by 63 per cent to Dhs16bn; recurring revenues grew by 26 per cent, supported by increased tenant sales
Dubai: After posting a 22 per cent increase in property sales on account of 27 new project launches, Emaar Development recorded a 74 per cent rise in 2023 net profit. The majority-owned subsidiary of Emaar Properties
Just nine months after buying their first property in Dubai, Dina Habib and Karim Yusuf are already planning their next move within the city.