Emaar Development Company has committed to adhering to the declared dividend policy, whereby 2 billion dirhams will be distributed for the year 2019.
The company also revealed a dividend for the year 2020 worth 2 billion dirhams, or 52 fils annually, approximately 14% annual return on regular prices.
It is reported that, the net profits of Emaar Development Company increased by 42% during the year 2018, to reach 3.901 billion dirhams, compared to 2.743 billion dirhams in 2017.
Total revenue in 2018 reached 15.433 billion dirhams, a growth of 74%, compared to last year's revenue of 8.863 billion dirhams.
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