Tag: Emaar Properties
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Dubai Land Department Enhances Developer Registration with Seven Strategic Agreements
The agreement includes Emaar Properties, DAMAC, Binghatti Properties, Aldar Properties, Sobha Realty, Azizi Developments and Danube. Majid Al Marri: Through this partnership, we aim to enhance confidence in the real estate market, provide greater protection for investor rights, and expedite and simplify procedures in accordance with transparent governance standards. Dubai, United Arab Emirates, 20 August…
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Emaar Properties Celebrates the Grand Unveiling of The Heights Country Club & Wellness
· Spanning 81 million square feet and valued at AED 55 billion, The Heights Country Club & Wellness emphasises well-being and a holistic approach. · The project aligns with Dubai Leadership’s progressive vision to enhance the quality of life in the emirate. · In addition to its chic townhouses and semi-attached villas, the development features a thoughtfully designed…
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DLD organises an entertainment event attended by several centres for People of Determination, in collaboration with the CDA and Emaar Properties
UAE, Dubai 26 April 2024: In a commendable initiative to celebrate People of Determination and their families, the Dubai Land Department (DLD), under the patronage of His Excellency Eng. Marwan bin Ghalita, Acting Director General, recently inaugurated an exclusive entertainment event. This collaborative effort, supported by the Community Development Authority (CDA) and Emaar Properties, unfolded…
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Emaar Properties announces AED 4.4 billion dividend (50 fils/share) and reports record AED 40.3 billion property sales in 2023
Emaar Properties appoints new Board of Directors to spearhead the company’s growth strategy. · Emaar’s year to date domestic property sales reached over AED 19 billion (US$ 5.2Billion), grew by over 60% compared to same period last year. · Emaar continues to focus on digital transformation and market expansion to bolster future growth. United Arab Emirates, DUBAI…
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Fitch Ratings, Moody’s Investors Service, and S&P Global Upgrade Emaar Properties PJSC’s Credit Ratings
United Arab Emirates, Dubai – July 18, 2023: Emaar Properties PJSC, Dubai’s premier real-estate developer, received credit rating upgrades from Fitch Ratings, Moody’s, and S&P Global, reflecting its strong financial performance and improved leverage ratios. Fitch Ratings has upgraded Emaar Properties Long-Term Issuer Default Rating to ‘BBB’ from ‘BBB-, with a Stable Outlook. Moody’s has similarly…
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Emaar achieved group property sales of AED 26.9 billion (US$ 7.3 billion) in the first 9 months of 2022
Dubai, United Arab Emirates – 14 November 2022: Emaar Properties PJSC (DFM: EMAAR), announced continued growth in the first nine-month profitability, underpinned by robust property sales and growth in the performance of recurring revenue businesses. Key performance highlights Emaar recorded revenue during the first nine months of 2022 (“9M 2022”) amounting to AED 18.9 billion…
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