{"id":13503,"date":"2025-03-26T13:02:28","date_gmt":"2025-03-26T07:32:28","guid":{"rendered":"https:\/\/entrepreneurmirror.com\/?p=13503"},"modified":"2025-03-26T13:02:28","modified_gmt":"2025-03-26T07:32:28","slug":"dubai-emaar-properties-has-authorised","status":"publish","type":"post","link":"https:\/\/entrepreneurmirror.com\/staging-site\/2025\/03\/26\/dubai-emaar-properties-has-authorised\/","title":{"rendered":"Dubai: Emaar Properties Has Authorised a 2024 Dividend Payment of 100%"},"content":{"rendered":"<p>On Wednesday, the Annual General Meeting (AGM) of Emaar Properties authorised a 100% dividend payout for 2024, totalling Dh8.8 billion. This comes after Emaar&#8217;s revised dividend policy was unveiled in December 2024. The board&#8217;s report on the company&#8217;s operations and financial status, as well as the auditor&#8217;s report for 2024, were also approved during the meeting.<\/p>\n<p>Approximately Dh70 billion worth of real estate was sold by Emaar in 2024, a 72% increase over 2023. With more than Dh110 billion in revenue backlog from real estate transactions, Emaar is able to sustain future revenue creation.<\/p>\n<p>Net profit before tax increased by 25% to Dh18.9 billion in 2024, representing a 33% year-over-year growth in total sales to Dh35.5 billion. With a margin of 54%, EBITDA for the year was Dh19.3 billion.<\/p>\n<p>Our commitment to operational excellence, innovation, and client service is demonstrated by Emaar&#8217;s 2024 results. As we go, we&#8217;re still dedicated to technology-driven and sustainable growth, which will strengthen Dubai&#8217;s standing as a top international location for investment and development and support the UAE&#8217;s Net Zero 2050 goal,&#8221; stated Mohamed Alabbar, founder of Emaar Properties.<\/p>\n<p><strong>Also Read:<\/strong><\/p>\n<p><a href=\"https:\/\/entrepreneurmirror.com\/staging-site\/etadar-by-deiman-juan-jose-thuemme\/\" target=\"_blank\" rel=\"noopener\">Delivering Competitive Solutions to Food Industry Challenges with Etadar By Deiman: Juan Jos\u00e9 Thuemme<\/a><\/p>\n<p><a href=\"https:\/\/entrepreneurmirror.com\/staging-site\/meet-gregorio-maiorano\/\" target=\"_blank\" rel=\"noopener\">Gregorio Maiorano: Bridging Tradition and Innovation: The Future of Art in the Digital Age<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>On Wednesday, the Annual General Meeting (AGM) of Emaar Properties authorised a 100% dividend payout for 2024, totalling Dh8.8 billion. This comes after Emaar&#8217;s revised dividend policy was unveiled in December 2024. The board&#8217;s report on the company&#8217;s operations and financial status, as well as the auditor&#8217;s report for 2024, were also approved during the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":13504,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,3],"tags":[],"class_list":["post-13503","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-news"],"_links":{"self":[{"href":"https:\/\/entrepreneurmirror.com\/staging-site\/wp-json\/wp\/v2\/posts\/13503","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/entrepreneurmirror.com\/staging-site\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/entrepreneurmirror.com\/staging-site\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/entrepreneurmirror.com\/staging-site\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/entrepreneurmirror.com\/staging-site\/wp-json\/wp\/v2\/comments?post=13503"}],"version-history":[{"count":0,"href":"https:\/\/entrepreneurmirror.com\/staging-site\/wp-json\/wp\/v2\/posts\/13503\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/entrepreneurmirror.com\/staging-site\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/entrepreneurmirror.com\/staging-site\/wp-json\/wp\/v2\/media?parent=13503"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/entrepreneurmirror.com\/staging-site\/wp-json\/wp\/v2\/categories?post=13503"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/entrepreneurmirror.com\/staging-site\/wp-json\/wp\/v2\/tags?post=13503"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}