Thursday 8 February 2018

Emaar Properties made $1.8bln in 2017, worried on 2019 | ZAWYA MENA Edition

Emaar Properties made $1.8bln in 2017, worried on 2019 | ZAWYA MENA Edition:

"Emaar Properties made $1.8 billion in profit and close to $5 billion in sales in 2017, the chairman of Dubai's largest listed developer said ahead of its full year results. The developer of the more than 160-storey Burj Khalifa, the world's tallest tower, made $1.43 billion in 2016 and reported $3.92 billion in Dubai property sales. "We've been growing about 20 to 25 percent on an annual basis," Chairman Mohamed Alabbar said late on Wednesday at a conference in Abu Dhabi."



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