The dividend to shareholders was approved as the company marks a year since its listing on Dubai Financial Market.
Academics at Birmingham University voted today to boycott its new campus in Dubai in protest at the jailing of…137 Views | the publication reaches you by | Dubai Today
The developer has a portfolio of 10 destinations including Downtown Dubai, Arabian Ranches, Dubai Marina and Emirates Living and is currently building Dubai Creek Harbour, the 6 sq km mega-development by the historic creek, anchored by Dubai Creek Tower.
Emaar Development reported total sales of AED6.23 billion in the same period and now has a total sales backlog of over AED38.50 billion, the majority of which will be recognised as revenue over the next three to four years.
Emaar Development has launched the sale of over 3,600 residential units across its mega developments in Dubai during the first half of the year, and now has a development pipeline of more than 60 residential projects in the UAE with over 28,000 units.
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