Dubai: Emaar Properties witnessed property deals in Dubai increase by 250% in the initial five months of 2021, while comparing to the same period last year.
Total property deals to date reached Dh10.5 billion, over Dh3 billion in the same period last year. The company is predicting even higher growth for H1 2021.
“These numbers demonstrate once again the resilience of our group, the quality of our products, and the passion of our customers and our employees,” said Mohamed Alabbar, Emaar Founder.
“I am confident that the Dubai property market is once again a growth story for developers, in light of the UAE’s wise policies, with Emaar perfectly positioned to capitalize on this.”
In 2021, Emaar successfully launched Golf Place Terraces in Dubai Hills Estate, Caya and Bliss in Arabian Ranches 3, and Palace Beach Residence in Emaar Beachfront. The developer handed over units over prime places, including Dubai Hills Estate, Dubai Creek Harbour, Downtown Dubai, and Emaar South.