Emaar earned Dhs2.5bn from apartment sales in 2012
- United Arab Emirates: Tuesday, March 19 - 2013 at 07:41
Dubai-based Emaar Properties has said that revenue from apartment sales more than doubled in 2012, while commercial unit sales fell sharply, Gulf News has reported. The developer of the world's tallest tower, Burj Khalifah, earned Dh2.5bn in apartment sales last year, compared with Dhs1.1bn in 2011. However, sales revenue from commercial units, plots of land and others saw a drop to Dhs682.2m last year, compared with Dhs2.7bn in 2011, said Emaar.
- Iran plans national fleet expansion
- Total acquires 80% stake in Kurdistan block
- Saudia told to enhance services
- Gamification hits the Middle East
- Forum International introduces www....
- Twofour54 Briefing Room connects companies with...
The information comprised in this section is not, nor is it held out to be, a solicitation of any person to take any form of investment decision. The content of the AMEinfo.com Web site does not constitute advice or a recommendation by Mediaquest FZ LLC and should not be relied upon in making (or refraining from making) any decision relating to investments or any other matter. You should consult your own independent financial adviser and obtain professional advice before exercising any investment decisions or choices based on information featured in this AMEinfo.com Web site.
Mediaquest FZ LLC can not be held liable or responsible in any way for any opinions, suggestions, recommendations or comments made by any of the contributors to the various columns on the AMEinfo.com Web site nor do opinions of contributors necessarily reflect those of Mediaquest FZ LLC.
In no event shall Mediaquest FZ LLC be liable for any damages whatsoever, including, without limitation, direct, special, indirect, consequential, or incidental damages, or damages for lost profits, loss of revenue, or loss of use, arising out of or related to the AMEinfo.com Web site or the information contained in it, whether such damages arise in contract, negligence, tort, under statute, in equity, at law or otherwise.