Emaar Properties Record Highest Ever Sales in 2021
Blog Description
Emaar Properties announced a significant surge in property sales and it has crossed the benchmark and reached billions compared to the previous year's sale figures. The highest ever sale has gained the investor confidence to proactively build the Emaar Brand. It was the biggest one since the incorporation of the company in 1997.
Emaar properties have multiple businesses from real estate, shopping to hospitality each one has a strong performance and generates robust revenue. Emaar 2021 revenue crossed around Dh28.270 billion ($7.697billion) which is an increase of 57 percent compared to 2020.
The net profit of Dh3.8 million for 2021 compared to the net profit of Dh2.109 billion in 2020 where they have seen a growth of 80 percent. This is positively contributing to the future revenue for Emaar Properties and will strengthen Emaar’s financial position in the market that is going to generate high revenue, profitability, and maximum returns for shareholders shortly.
Emaar’s portfolio is impeccably inclusive of highly sustainable assets in prime locations that will be benefiting from the fundamental shifts that are taking place in the real estate market. The highest sales leave a positive impact and also enhance the company’s approach in the market.
The highest sales record in the real estate market has changed the entire working spectrum as local and foreign investors take more interest than before. The growth of the real estate market comes with ample opportunities which means businesses can grow at a faster pace. Signature Habitat has properties available in prime locations at an amazing price. Also, these properties are versatile that can be used for different things and which generates a high return on investments.
Emaar has an excellent substantial development pipeline and landbank which in return has provided a loyal customer base and expansion opportunities in the UAE. Emaar Properties has seen immense growth and is well-positioned in the UAE by using the clear strategies that have boosted the growth and led to delivering handsome returns to the stakeholders.
Dubai is one of the growing and dynamic markets in the world which shows the strength it holds in the UAE market. Emaar is leading the front and contributing positively to the economy.
In 2021 Emaar has crossed the standard benchmark by handing over more than 81,600 residential units in Dubai and internationally since 2022. They have executed more projects and their high-end capabilities will contribute to a brighter future in the UAE. There are currently thousands of units under development in the UAE and even globally.
The real estate market is growing exponentially and transitions of major projects for residential purposes are increasing the revenue and boosting the growth of the UAE market. The completion of unfinished projects will bring more business. Investors who are eager to invest in commercial or residential can step into the market with Signature Habitat to get the best properties in the prime locations of UAE.