Releases

Emaar Development Acknowledges its Robust Performance for 2022 at its Annual General Meeting

Dubai, United Arab Emirates – 18 April 2023: Today, on April 18, 2022, Emaar Development PJSC (DFM: EMAARDEV) held its Annual General Meeting (AGM) where the Board of Directors reported Emaar's strong performance for 2022. At the AGM, shareholders approved the Board of Directors' proposal to distribute dividend of AED 2.081 billion (US$ 567 million) which equals to 52% of the share capital (~AED...

Emaar Development records property sales of AED 30.713 billion (US$ 8.362 billion) in 2022, an increase of 12% over 2021

Dubai, United Arab Emirates - February 14, 2023: Emaar Development PJSC (DFM: EMAARDEV), the UAE build-to-sell property development business, majority-owned by Emaar Properties PJSC (DFM: EMAAR) recorded an increase of 12% in property sales to AED 30.713 billion (US$ 8.362 billion) compared to AED 27.440 billion (US$ 7.471 billion) in 2021. This performance was a result of Emaar’s successful...