Emaar's Strong Start: Reports AED12.9B Property Sales in Q1 2024

 

  • Emaar Development, a leading light in the UAE's property development scene, has kicked off 2024 with a bang. The company reported a 50% surge in sales for the first quarter (Q1) compared to the same period last year. This means a significant jump from $2.3 billion (AED8.6 billion) in Q1 2023 to a whopping $3.5 billion (AED12.9 billion) in Q1 2024. This strong performance is a testament to Emaar's strategic initiatives and successful property launches. These launches have created a strong revenue pipeline, paving the way for continued growth in the years to come. 

    Emaar's strong performance signals a successful year ahead. Well-positioned to capitalize on the ongoing demand for property in the UAE, solidifying its position as a leader in the industry.

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