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Emaar Development PJSC (EMAARDEV)

Last update: 02:59 PM market time.
8.34
0.14
1.71%
Open 8.26
Previous Close 8.20
High 8.34
Low 8.25
Stock Statistics
Volume 676,454
Turnover 5,608,946.46
All data are 15 minutes late during market session

News

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17 March 12:33 PM Emaar Development’s board mulls AED 2bn dividends for 2023
Dubai – Mubasher: The board members of Emaar Development approved cash dividends valued at AED 2.08 billion for 2023, according to a bourse filing. The company will disburse a dividend of 52 fils per share, which is still subject to the approval …
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11 February 02:42 PM Emaar Development’s property sales leap to AED 37.4bn in 2023
Dubai – Mubasher: Emaar Development posted a 22% year-on-year (YoY) surge in property sales to AED 37.40 billion ($10.20 billion) during January-December 2023, versus AED 30.70 billion ($8.40 billion). The DFM-listed firm attributed the solid …
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12 November 2023 10:24 AM Emaar Development’s property sales jump 25% in 9M-23; profits cross AED 4bn
Dubai – Mubasher: Emaar Development logged 25% higher property sales at AED 28.90 billion ($7.90 billion) in the first nine months (9M) of 2023, compared to AED 23.20 billion ($6.30 billion) in 9M-22. This solid performance is attributed to the …
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10 August 2023 03:37 PM Emaar Development posts AED 2.17bn profits in H1-23
Dubai – Mubasher: The net profits of Emaar Development declined by 1% to AED 2.17 billion during the first half (H1) of 2023, compared to AED 2.19 billion. Revenues stood at AED 4.45 billion in H1-23, lower by 39% year-on-year (YoY)than AED 7.28 …
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15 May 2023 02:55 PM Emaar Development unveils robust growth in Q1-23 financials
Dubai – Mubasher: Emaar Development generated net profits attributable to the shareholders worth AED 1.058 billion in the first quarter (Q1) of 2023, up from AED 1.050 billion in Q1-22. The DFM-listed firm posted revenues valued at AED 2.37 …
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24 April 2023 03:58 PM Emaar Development to pay over AED 2bn as dividends for 2022
Dubai – Mubasher: The shareholders of Emaar Development approved the board’s recommendation to distribute total dividends of AED 2.08 billion, equivalent to $567 million, for 2022. The real estate firm will disburse 0.52 fils per share, with the …
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15 February 2023 02:57 PM Emaar Development registers 17% higher profits in 2022 preliminary results
Dubai – Mubasher: Emaar Development, a 79.16%-owned subsidiary by Emaar Properties, logged net profits worth AED 3.80 billion ($1.03 billion) in 2022, up 17% from AED 3.24 billion in 2021. The revenues amounted to AED 11.54 billion last year, …
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16 November 2022 02:03 PM Emaar Development’s profits to shareholders hit AED 2.83bn in 9M-22
Dubai – Mubasher: The net profits attributable to the owners of Emaar Development reached AED 2.83 billion in the first nine months (9M) of 2022, versus AED 2.38 billion in 9M-21. Revenues amounted to AED 9.33 billion in the January-September 2022 …
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15 May 2022 06:38 PM Emaar Development's profits up 34% in Q1-22
Dubai – Mubasher: Emaar Development has recorded net profits attributable to the owners worth AED 1.05 billion during the first quarter (Q1) of 2022, an annual leap of 34% from AED 780.89 million. During the January-March 2022 period, revenues …
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30 December 2021 10:01 AM Emaar Development's CEO resigns
Dubai – Mubasher: The CEO of Emaar Development, Bader Hareb, has resigned for personal reasons. The resignation is effective 30 December 2021, according to a bourse filing on Thursday. It is noteworthy to mention that during the first nine months …
The company's revenues hiked by 63%
14 November 2021 04:19 PM Emaar Development's profits surge 75% in 9M
Dubai – Mubasher: The net profits attributable to the owners of Emaar Development climbed by 75% to AED 2.383 billion during the first nine months of 2021 from AED 1.358 billion in the same period of 2020, according to the company's unaudited …
The company's revenues hiked by 61% to AED 7.755 billion
11 August 2021 04:33 PM Emaar Development records 46% higher profits in H1-21
Dubai – Mubasher: The net profits of Emaar Development jumped by 46% to AED 1.512 billion in the January-June period of 2021, compared to AED 1.036 billion in the year-ago period. The company's revenues hiked by 61% to AED 7.755 billion in the …
Property sales surged to AED 5.883 billion
11 May 2021 11:43 AM Emaar Development profit grows 20% in Q1
Dubai – Mubasher: The net profits of Emaar Development increased by 20% year-on-year (YoY) to AED 781 million in the first quarter (Q1) of 2021, compared to AED 649 million. The company’s revenues rose by 26% to AED 3.848 billion in the …
The shareholders will consider not to distribute cash dividends
17 March 2021 00:35 PM Emaar Development’s OGM considers withholding dividend distribution
Dubai – Mubasher: The shareholders of Emaar Development, a subsidiary of Emaar Properties, will consider not to distribute cash dividends. Withholding cash dividend distribution, proposed by the company’s board, will be discussed during the …
The company generated revenues of AED 9.758bn last year
14 February 2021 03:25 PM Emaar Development's net profits slid to AED 1.657bn in 2020
Dubai – Mubasher: The 2020 preliminary financial results of Emaar Development decreased to AED 1.657 billion in 2020 from AED 2.7 billion in 2019. The company generated revenues of AED 9.758 billion last year, down from AED 12.746 billion in 2019, …
The board has also elected Aisha bint Butti bin Bishr as Vice-Chairman
20 December 2020 09:35 AM Emaar Development names new Chairman
Dubai – Mubasher: The board of Emaar Development has elected Adnan Kazim as the company's Chairman, as the Chairman and Founder of Emaar, Mohamed Ali Alabbar, will focus on executive management matters. The board has also elected Aisha bint Butti …
The company's revenues retreated by 26%
11 November 2020 03:48 PM Emaar Development's net profits down 34% in 9M
Dubai – Mubasher: The financial results of Emaar Development registered a 34% decrease in net profits to AED 1.359 billion in the first nine months of 2020, compared to AED 2.07 billion in the corresponding period of 2019. The company's revenues …
The developer's property sales reached AED 3.23bn
13 August 2020 03:38 PM Emaar Development's net profits plunge 25% in H1-20
Dubai – Mubasher: The net profits of Emaar Development slid by 25% to AED 1.03 billion in the first six months of 2020, compared to AED 1.38 billion in the corresponding months of 2019. The company's revenues declined by 23% to AED 4.82 billion in …
Mohamed Alabbar was chosen as chairman of Emaar Development
22 June 2020 11:07 AM Emaar Malls, Emaar Development appoint new chairmen
Dubai – Mubasher: Emaar Malls and Emaar Development appointed Mohamed Al Hussaini and Mohamed Ali Alabbar, respectively, as board chairmen. Emaar Malls has elected Ahmad Thani Rashed Al Matrooshi as a vice chairman, while Jamal bin Theniyah was …
Emaar Development generated revenue of AED 6.237 billion in H1-19
4 August 2019 03:13 PM Emaar Development posts AED 1.4bn net profit in H1
Dubai – Mubasher: Emaar Development, a subsidiary of Emaar Properties, has achieved a net profit of AED 1.382 billion ($376 million) for the first half of 2019. Moreover, the real estate firm has generated revenue of AED 6.237 billion ($1.698 …
Emaar Development launched eight new projects in Q1-19
6 May 2019 02:27 PM Emaar Development records AED 751m profit in Q1; sales surge to AED 5.9bn
Dubai – Mubasher: Emaar Development recorded a surge of 51% in sales during the first three months of 2019 when compared to the first quarter last year. The UAE company achieved a value of AED 5.902 billion ($1.60 billion) as one of the highest …
Mina Rashid is only 15 minutes from the Dubai International Airport
2 May 2019 10:24 AM Emaar unveils AED 25bn Riviera-style project in Dubai
Dubai – Mubasher: Emaar Development on Thursday announced the launch of a Riviera-style coastal destination, Mina Rashid, in the heart of Dubai. The new destination has been established in collaboration with P&O Marinas, a subsidiary of global …
Emaar Development’s capital amount to AED 4 billion
24 April 2019 00:44 AM Emaar Development’s shareholders nod to AED 1bn dividends
Dubai – Mubasher: The general assembly of Emaar Development, a subsidiary of Emaar Properties, on Tuesday approved the distributing of AED 1.04 billion cash dividends for 2018. The approved dividends account for 26% of the company’s capital, …
Emaar Development reported AED 3.9 billion profit in 2018
20 March 2019 11:05 PM Emaar Development’s board proposes more than AED 1bn dividends
Dubai – Mubasher: Emaar Development’s board on Wednesday recommended the distribution of 26% of the company’s capital in cash dividends for 2018. The proposed dividends stood at around AED 1.04 billion, according to a bourse statement. The capital …
The new project will be available as three- and four-bedroom properties in three design types
14 March 2019 05:22 PM Emaar Development launches Joy townhouses in new Arabian Ranches III
Dubai – Mubasher: Emaar Development on Thursday announced that it has launched second residential community, Joy, in the new Arabian Ranches III project in Dubai. Launching the new project follows the "overwhelming sales response" to the launch of …