Friday 29 March 2024
 
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Emaar Properties

Emaar Properties sells $596m prime hospitality assets

Leading UAE developer Emaar Properties said it has sold some of its prime hospitality assets worth Dh2.19 billion ($596 million) in line with its new regional strategy. The proceeds of the sales will be used to fund commercial pro

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Emaar's nine-month revenue surges 30pc to $4.73bn

Emaar Properties has recorded a revenue of Dh17.39 billion ($4.735 billion) in the first nine months, up 30 per cent higher than the revenue of Dh13.351 billion ($3.635 billion) last year. This was led by the robust growth achieve

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Emaar Properties' H1 revenue surges 46pc to $3.12bn

Leading property developer Emaar has registered a revenue of Dh11.47 billion ($3.12 billion) for the first half of the year, up 46 per cent compared to Dh7.86 billion ($2.14 billion) last year led by strong construction progress and growth in it

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Rove Hotels unveils new 366-room Dubai beach resort

Rove Hotels, a joint venture between leading UAE developers Meraas and Emaar Properties, has announced the launch of Rove La Mer resort located in the heart of Dubai’s world-class beachfront devlopment La Mer. A contemporary

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Rove Hotels unveils new 366-room Dubai beach resort

Rove Hotels, a joint venture between leading UAE developers Meraas and Emaar Properties, has announced the launch of Rove La Mer resort located in the heart of Dubai’s world-class beachfront devlopment La Mer. A contemporary

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Emaar Properties declares $272m dividend

Dubai-based real estate developer Emaar Properties has approved the distribution of Dh1 billion ($272.25 million) as dividend to shareholders, representing 14 per cent of the share capital being 14 fils per share at the company’s 22nd Annu

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Rove Hotels opens 384-room waterfront property in Dubai

Rove Hotels, a joint venture between leading UAE developers Emaar Properties and Meraas, has opened its fifth property for the new generation of travellers in Dubai.   Located centrally in Dubai Marina, the new R

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Rove Hotels opens 384-room waterfront property in Dubai

Rove Hotels, a joint venture between leading UAE developers Emaar Properties and Meraas, has opened its fifth property for the new generation of travellers in Dubai.   Located centrally in Dubai Marina, the new R

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MAG, Emaar to develop automated parking facility

MAG Robotic Investments has signed a contract with Emaar Properties, a global property developer based in the UAE, for the development of a fully automated parking facility on a build-operate-transfer (BOT) basis at Dubai Marina.

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Emaar Properties 2017 operating profit tops $1.5bn

Emaar Properties recorded a net operating profit of Dh5.704 billion ($1.553 billion) during 2017, a growth of 16 per cent over the figure of Dh4.917 billion ($1.339 billion) posted in the previous year. Total revenue for 2017 incr

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