Initial Investors See Investment Value Quadruple
Dubai, UAE – December 14, 2024: Emaar Properties PJSC has announced a landmark decision to distribute 100% of its share capital as dividends for 2024, amounting to AED 8.8 billion (US$ 2.4 billion). This represents a remarkable 100% increase compared to the AED 4.4 billion (US$ 1.2 billion) distributed in 2023, reaffirming the company’s commitment to delivering exceptional value to its shareholders.
This year’s dividend payout significantly boosts the total value of initial investments, multiplying it nearly fourfold since the company’s inception. This milestone underscores Emaar’s consistent ability to generate robust returns while maintaining a focus on growth and innovation.
Emaar’s 2024 success reflects its exceptional financial performance, driven by record-breaking property sales, innovative developments, and strong market confidence. These achievements solidify Emaar’s position as a cornerstone of Dubai’s real estate sector and a vital contributor to the emirate’s economy.
The company’s performance aligns closely with Dubai’s visionary policies, fostering a dynamic business environment and encouraging sustainable growth. This synergy underscores Dubai’s proactive economic strategies and its ambition to remain a global hub for innovation and investment.
Mohamed Alabbar, Founder of Emaar Properties, stated:
“At Emaar, our focus has always been on creating extraordinary value for our shareholders. This year’s 100% dividend distribution highlights that commitment. It’s immensely gratifying to witness our early investors reap fourfold returns, showcasing the trust placed in Emaar’s vision. Our relentless pursuit of innovation, operational excellence, and world-class developments continues to enhance lives and fortify Dubai’s global reputation.”
Emaar’s strategy prioritizes enhancing shareholder value while expanding into key markets. By embracing digital transformation, emphasizing sustainability, and investing in its workforce, Emaar remains at the forefront of innovation and excellence in the industry.
This milestone further solidifies Emaar’s leadership in real estate, ensuring long-term growth and substantial returns for its investors.
