Market
Dubai
Symbol
EMAAR
ISIN
AEE000301011
Industry
Real Estate & Construction
Emaar Properties is one of the world’s most valuable and admired real estate development companies. With proven competencies in property, shopping malls & retail and hospitality & leisure, Emaar shapes new lifestyles with a focus on design excellence, build quality and timely delivery.

Established in 1997, Emaar Properties is a Public Joint Stock Company listed on the Dubai Financial Market. A pioneering developer of integrated master-planned communities, Emaar Group has transformed the real estate sector in Dubai, United Arab Emirates.

Emaar Group is extending its expertise in developing master-planned communities internationally, and today, has a significant presence in several key global markets. Simultaneously, the company has developed competencies in hospitality & leisure, and shopping malls & retail.

Emaar’s world-class project development competencies are underlined by its iconic assets in Dubai and other international markets.

Downtown Dubai is Emaar’s flagship development. Today, the world’s most visited lifestyle destination, the 500-acre neighbourhood is home to the iconic Burj Khalifa, The Dubai Mall and The Dubai Fountain.

Emaar’s established communities include Arabian Ranches, Emirates Living, and Dubai Marina.

Several mega-developments that define the city of the future are being developed by Emaar in its core markets including Dubai. Through strategic partnerships, Emaar has expanded its land bank in Dubai to build cities of the future.
Images
1) by Forbes in 2021, 2) Source: MSCI, datastream, & Reuters, as on 31st December 2023, 3) Numbers are inclusive of JVs, 4) SWF ranking, 5) Excludes Keys for hotels whose management agreement got terminated as at Dec-23, 6) Includes recently purchased land (The Heights Country Club & Grand Club Resort) and “The Emaar Economic City’s land bank of c.1.1 Bn sqft, an associate of Emaar
Share Data
Currency
AED (Mn)
Last Closing Price
9.55
Volume(Mn)
11,287,114
Market Cap (Mn)
84,410
Change (%)
-0.83
Number of Shares (Mn)
8,839
Key Figures (AED Mn)
2021
2022
2023
Income statement      
Revenue 27,896 24,926 26,750
Gross profit 11,592 12,587 16,865
Profit before tax 6,085 8,477 15,062
Profit for the year 5,678 8,139 14,829
Balance sheet      
Total assets 120,614 132,364 139,397
Total liabilities 52,872 56,938 52,566
Total equity 67,742 75,426 86,831
Cash flow      
Net cash flows from operating activities 10,561 18,942 19,831
Net cash flows (used in)/ from investing activities (2,756) (2,532) (5,309)
Net cash flows (used in)/ from financing activities (6,041) (5,970) (6,186)
Key indicators      
Basic and diluted earnings per share (AED) 0.52 0.83 1.32
Dividend per share (AED) 0.15 0.25 0.50
Authorised capital 8,180 8,839 8,839

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