Emaar Development PJSC (DFM: EMAARDEV), the UAE build-to-sell property development business that is majority-owned by Emaar Properties PJSC (DFM: EMAAR), recorded robust property sales with a 26% increase to AED 8.603 billion (US$ 2.342 billion) in Q1 2023 compared to AED 6.843 billion (US$ 1.863 billion) in Q1 2022. This performance resulted from Emaar Development’s successful property launches, which created a good revenue pipeline for the future and marked steady progress towards the company’s strategic initiatives to further cement its position as a trusted developer. Emaar Development successfully launched seven projects during the first quarter of 2023, Elora in The Valley,

MAG, one of the leading real estate developers in the UAE, has announced that its Q1 2023 sales across different projects reached AED 2.5 billion. Offering transformational living through the design of space, MAG’s luxury residential development, Keturah Reserve, located in Mohammed Bin Rashid City, District 7 in Meydan, recorded the sale of all available 93 townhouses, with 70% of the project’s units having already been sold. Over at ‘The Ritz-Carlton Residences, Dubai, Creekside,’ part of the Keturah Resort located on Dubai Creek facing Dubai’s wildlife sanctuary in Ras Al Khor, the penthouses with 360-views of the Dubai skyline, the two-bedroom Sky

MAG, one of the leading real estate developers in the UAE, has announced the launch of sales for residential homes at The Ritz-Carlton Residences, Dubai, Creekside, part of the Keturah Resort. The launch follows the successful sales of over 54 per cent of units, including four penthouses at the Butterfly buildings and 16 units at the L-shaped buildings. The Ritz-Carlton Residences, Dubai, Creekside comprise 177 residences across 7 buildings and 12 mansions. Keturah Resort offers homeowners an impressive range of world-class facilities, including 5-star wellness hotel; a private members-only club; a women’s club; a kids club; an immersive, holistic wellness centre;

Deyaar Development PJSC (“Deyaar”), one of the leading real estate developers and service providers in Dubai, has reported increase in its profits in Q1 2023 compared to the profits of the same period in 2022. This was announced in a filing to the Dubai Financial Market, where Deyaar shares are traded. Deyaar’s financial performance in Q1 2023 reflected impressive results, in a clear demonstration of the company’s continued growth and financial stability. With profits of AED 56.4 million in Q1 2023, Deyaar achieved a remarkable 125% increase from the same period in 2022, where profit stood at AED 25 million. In