#Emaar
The fountain has become a defining symbol of Dubai’s creative prowess, drawing millions of visitors from around the world
Emaar’s financial results for 2024 reflected strong operational performance and continued growth across its key business segments
Throughout September, U by Emaar members can participate in a raffle with daily prizes of 10,000 Upoints, and a grand prize of 100,000 Upoints at the end of the month
The developers included in this agreement are Emaar Properties, DAMAC, Binghatti Properties, Aldar Properties, Sobha Realty, Azizi Developments and Danube
In H1 2024, the company reported revenue of Dhs7.3bn ($2bn) and EBITDA of Dhs3.4bn ($922m)
Emaar Development recorded 30 project launches, resulting in the sale of 8,400 units in the first six months, reflecting a 56 per cent growth over H1 2023
Dubai’s high rental yields, easy real estate financing, and accessible residency visas are factors driving property ownership over renting
The Dubai Mall expansion aligns with Dubai’s broader strategy to enhance its tourism industry
The residential offerings within the luxury development include townhouses and semi-attached villas
Emaar Development’s sales backlog has increased to Dhs65.7bn, which will be recognised as revenue in the coming years
The developer said it will cover all costs for repairs of homes within its communities affected in Dubai, ensuring residents face no financial burden
The developer has unveiled a land space increase by 108 per cent, and a hike in development value to Dhs73bn
The Dubai-based developer reported a 7 per cent increase in revenues to Dhs26.7bn ($7.3bn)
Emaar’s ambitious new retail project at Dubai Creek Harbour could potentially be bigger than its flagship Dubai Mall
Dubai, once again, didn’t disappoint as it put on yet another fantastic show to ring in the New Year
Emaar Development’s net profit for the first nine months of the year touched Dhs4.1bn ($1.1bn)
Alabbar underscored the performance of Emaar Properties’ during H1 2023, driven by the economy and tourism sectors
Emaar recorded the highest-ever group property sales of Dhs26.9bn ($7.3bn) during the nine-month period
Prominent property developers across the UAE are announcing a slew of high-end mixed-use projects
The developer has also recommended to increase the company’s share capital to Dhs8.838bn
Emaar’s hospitality division saw its revenue grow by 64 per cent compared to H1 2021, reflecting the tourism sector’s robust post-pandemic recovery
The Dhs7.5bn deal will make Dubai Holding the second largest shareholder of Emaar
Prices for villas grew at a monthly rate of 1.7 per cent in June, down from an average of 2.3 per cent per month last year
Executives share their views on the growth and future prospects of their sectors
Armani Hotel Diriyah will include 70 rooms and two restaurants, with its suites featuring their own spa and swimming pool
The new shopping, dining and entertainment destination is home to Roxy Cinemas, Adventure Park and a roller coaster among other offerings
The show this year, called ‘Eve of Wonders’, will include a fireworks display choreographed to laser, lights and music
The transaction is in line with Public Investment Fund’s Strategy 2021-2025, which focuses on building strategic economic partnerships
Businesses in Dubai’s travel and tourism industry in August saw the sharpest increases in activity and new work in over two years
The company will also manage hospitality venue 2020 Club by Emaar within the expo site