Monday, 27 January 2020

Revealed: the importance of Emaar to #Dubai's property market - Arabianbusiness

Revealed: the importance of Emaar to Dubai's property market - Arabianbusiness:

Emaar Properties continued to dominate the Dubai property market in terms of the number of off-plan sales transactions registered in 2019, according to new research. 


Data analysed by Data Finder, the real estate insights and data platform under the Property Finder Group, showed that Dubai’s largest listed developer registered 8,600 off-plan property sales overall in 2019, an increase of 260 percent compared to 2018.

The developer commanded a market share of 36 percent.

Emaar’s joint venture with Meraas, Dubai Hills Estate, registered 1,455 off-plan transactions, a 67 percent annual increase in sales transactions and 6 percent of the off-plan market.

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