Emaar Properties, listed on the Dubai Financial Market, held its annual general meeting, where the board presented the company's financial performance for 2024 and discussed future growth strategies.

In a statement released today, shareholders approved the board's proposal to distribute dividends totaling AED 2.7 billion (approximately USD 740 million), representing 68% of the company's capital.

The meeting also saw the ratification of the board's report for 2024, detailing the company's activities and financial position, alongside the auditor's report.

In 2024, Emaar Properties recorded real estate sales amounting to AED 65.4 billion.

The company reported a 20% increase in pre-tax net profit, reaching AED 10.2 billion.

Mohammed Alabbar, founder of Emaar, emphasized that the company's results for 2024 reflect a strong commitment to excellence, innovation, and customer satisfaction.

He noted that the company's projects aim not merely at constructing buildings but at developing integrated communities that enhance the quality of life and bolster Dubai's global standing.

Additionally, Emaar aims to redefine the concept of modern living by integrating technology and sustainability into its projects, ensuring lasting value for its clients and shareholders.

As part of its growth vision, the company plans to continue launching new projects in 2025, focusing on sustainable development while contributing to economic growth and empowering emerging talents.