Emaar Group's Q1 2024 property sales reach a record Dh13.5bn, with Emaar Development achieving a 50% increase to Dh12.9bn.
Emaar Group's property sales reached a record-high Dh13.5 billion in Q1 2024, with Emaar Development achieving a 50% increase in property sales, reaching Dh12.9 billion, compared to Dh8.6 billion in Q1 2023. Emaar's revenue backlog from property sales reached Dh78.3 billion, growing by 9% from December 2023. The UAE's build-to-sell property development business, Emaar Development, successfully launched 10 projects across various master plans during Q1 2024, driving future revenue growth.
May 14, 2024
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