Driven by property development, Emaar boosted revenue by a third in 2024

Featured image of the article Driven by property development, Emaar boosted revenue by a third in 2024

An article by Morgane Monteiro et Sophie Baqué

Publication

21 February 2025 à 20h32

Updated on 24 July 2025 à 11h15

Reading time

2 minutes

Publication: 21 February 2025 à 20h32, Updated on 24 July 2025 à 11h15

Reading time: 2 minutes

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An article by Morgane Monteiro et Sophie Baqué

Publication

21 February 2025 à 20h32

Updated on 24 July 2025 à 11h15

Reading time

2 minutes

Publication: 21 February 2025 à 20h32, Updated on 24 July 2025 à 11h15

Reading time: 2 minutes

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On February 14, 2025, Dubai-based property developer Emaar Properties (owner of office assets such as the Burj Khalifa, shopping malls, luxury hotels, etc.) announced a 33% increase in turnover in 2024, to US$9.7 billion. After selling e-retailer Namshi in 2023 and refocusing on a core business, profitability improved significantly, with net margin up by 18% in 2024. A net margin ratio reached 49% of sales. Emaar’s growth was driven by the property development business (75% of total...

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Article authors
Featured image of the article Morgane Monteiro
Morgane Monteiro Journalist
Featured image of the article Morgane Monteiro

Journaliste économique pour mind Retail depuis 2024, j’analyse la transformation digitale du commerce.

Featured image of the article Sophie Baqué
Sophie Baqué
Featured image of the article Sophie Baqué
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