Emaar Properties recorded during the fiscal year 2019 real estate sales of more than 19.233 billion AED 5.236 billion USD.
According to the Emirates News Agency, the company achieved a net profit of 6.200 billion dirhams, US $ 1.688 billion, compared to the fiscal year 2018, which achieved a net profit of 6.139 billion dirhams United Arab Emirates 1.671 billion USD ..Emaar recorded revenues of 24.586 billion dirhams, $ 6.694 billion during the year 2019.
Emaar maintained its positive performance in the year 2019 after it recorded real estate sales in Dubai of AED 14.949 billion and $ 4.070 billion .. This performance came as a result of the continuous investment in Developing new and varied solutions and initiatives aimed at providing the best services to the company's clients, in addition to the interest of foreign investors in residential and commercial projects, and the entry of new buyers to the housing market in the United Arab Emirates. Commenting on this, Mohamed Al Abbar, Chairman of the Board / Emaar Properties / and / Emaar Development /: The performance of / Emaar / during the year 2019 was flexible, With the continued growth in light of the current challenges in the market ...He emphasized that the success of Emaar in its sales during the year 2019 is evidence of the quality of its products and the excellence of the people behind them.
And he added: With the beginning of each year, we set ourselves more ambitious goals than the previous year in all fields that we work to ensure that the levels of trust that the company name is associated with are preserved. .. The continuous efforts to raise the effectiveness of our resources and review work methods have contributed directly to the development of the company's performance and results. He said: One of our most important priorities is to attract the best talents to continue achieving the company’s goals .. The management team works hard and continuously to enhance the levels of service and happiness of customers in addition to Achieving excellent results for shareholders .. We are also implementing a number of new digital initiatives that will add significant value to customers by developing the company's products and services.And Emaar has delivered more than 63,000 housing units in Dubai and the international markets to date and work is currently underway to develop more than 30,000 housing units in the United Arab Emirates , And more than 14,000 units on the international market.
The total accumulated sales value of the units in progress reached 45.795 billion dirhams / 12.468 billion US dollars / local market share of which 33.736 billion dirhams, 9.185 billion US dollars, will be Calculating its revenues in the coming years. Emaar Development registered in the Dubai Financial Market under the symbol EMAARDEV during the year 2019 achieved net profits amounting to 2.700 billion dirhams 735 million US dollars and revenues of 12.746 billion dirhams 3.470 billion dollars American.Emaar Development launched during the year 2019 in all its destinations in Dubai 22nd ...
