Last 7.44 AED
Change Today +0.02 / 0.27%
Volume 10.4M
As of 5:00 AM 03/2/15 All times are local (Market data is delayed by at least 15 minutes).

emaar properties pjsc (EMAAR) Snapshot

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09/1/14 - 10.58
52 Week Low
12/17/14 - 5.90
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emaar properties pjsc (EMAAR) Details

Emaar Properties PJSC, together with its subsidiaries, is engaged in the property investment and development business. It operates in three segments: Real Estate, Leasing and Related Activities, and Hospitality. The company develops and sells condominiums, villas, commercial units, and plots of land. It also develops, leases, and manages malls, as well as retail, commercial, and residential spaces. In addition, the company develops, owns, and manages hotels, resorts, services apartments, golf resorts, recreation clubs, and leisure activities, as well as Dubai Polo and Equestrian Club, and the Dubai Marina and associated yacht club. Further, it offers property management and utility services, as well as invests in the providers of financial services; and ICT and business IT support services. It has operations in the United Arab Emirates, Saudi Arabia, Syria, Jordan, Lebanon, Egypt, Morocco, India, Pakistan, Turkey, the United States, and Canada. Emaar Properties PJSC was founded in 1997 and is based in Dubai, the United Arab Emirates.

Founded in 1997

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emaar properties pjsc (EMAAR) Key Developments

Emaar Properties Reports Earnings Results for the Year 2014

Emaar Properties recorded a net operating profit of AED 3.35 billion in 2014, a 30% gain on AED 2.56 billion for 2013, on revenues of AED 9.89 billion.

Emaar Properties PJSC Unveils New Collection of Residential Apartments, Acacia at Park Heights, in Dubai Hills Estate

Emaar Properties PJSC has unveiled a new collection of residential apartments, Acacia at Park Heights, in Dubai Hills Estate, an integrated master-planned community that marks Phase I of Mohammed Bin Rashid City, or MBR City. Acacia at Park Heights is defined by the panoramic views it offers of the lush-green neighborhood and the high quality finishes apart from access to world-class amenities including a championship golf course and tennis academy.

Emaar Properties Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014

Emaar Properties reported earnings results for the fourth quarter and full year ended December 31, 2014. The company posted a net profit of $234 million in the fourth quarter, up 14% on the $206 million posted in the corresponding quarter of 2013. Quarterly revenue was $775.7 million, up from $751.2 million a year earlier. Net profit in 2014 rose 28.3% to $897 million from $699 million the previous year. The results were due to robust performance in the real estate sector and strong revenues from its shopping malls, retail and hospitality businesses. For the year, revenues from international operations surged 63% to $517 million, representing 19% of total revenues. With a portfolio of 12 hotels and resorts consisting of over 1,900 rooms, Emaar's hospitality and leisure business recorded 2014 revenue of $457.5 million, 17% of the total revenue and 11% higher than 2013.


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