The property sales of Emaar Development skyrocketed in the first 9 months of 2023, with a 25% increase. They are valued at AED 28.9B (USD 7.9B) as compared to AED 23.2B (USD 6.3B) in the same period last year (2022).

Such strong indicators are attributed to 20 successful launches that will ensure good revenue in the future. One of the most exciting releases by the developer this year is Palmiera, which is the first phase of The Oasis. The ultra-luxury community will have more than 7,000 units, dominated by mansions and villas. The project is being created by a team of world-renowned architects and designers.

In the first 9 months of 2023, Emaar Development delivered over 7,800 residences in a number of upscale locations. These include Downtown Dubai, Dubai Creek Harbour, Arabian Ranches, Dubai Hills Estate, Emaar Beachfront, Dubai Marina, and Emaar South.

According to Mohamed Alabbar, Founder of Emaar, the strong performance of Emaar Development is an indicator of the company’s expertise and dedication to excellence. It is also an illustration of customers’ confidence in the developer’s ventures.

Judging by the developer’s strong performance, its projects have excellent investment potential. This means that buyers can count on substantial profit should they decide to resell their property and reap the benefits of the growing real estate market and reputation of Emaar Development.