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Emaar completes Dh2.2bn hotels sale deal

hotels sale deal

Impact of the transaction will be reflected in the company’s first quarter earnings Emaar Properties, the UAE’s biggest-listed property developer, said it completed its Dh2.2 billion hotels sale deal as part of a wider strategy to focus on the core business of hotel management and move away from asset ownership. Emaar Hospitality, a subsidiary of…

UAE’s Emaar sees net profits climb 42% to Dh3.9 billion as investors snap up 6,500 Dubai homes

Investors snap up Dubai

Developer highlights strong interest from investors, including those from abroad Dubai: Gulf and overseas buyers continue to snap up properties in Dubai, with the emirate’s major developer reporting that it had sold thousands of residential units in 2018 alone. Emaar Development, the property development business majority-owned by Emaar Properties, posted strong sales of Dh14.2 billion…

Emaar launches more villas near Expo site

The Expo Golf Villas

The Expo Golf Villas overlook an 18-hole championship golf course. The cost of a three-bedroom villa starts at Dh999,888 Following the good sales response to the launch of Expo Golf Villas, Emaar has launched its second phase, with a limited collection of three and four-bedroom villas located only 10 minutes from the Expo 2020 site….