Investor Presentaiton

15 ...And Consistently Outperforming the Market Emaar Malls Outperformed Dubai Retail Market over 2018-2019 Super Regional Malls Regional Malls Rent per sq. ft.: 2-Yr CAGR Rent per sq. ft.: 2-Yr CAGR -4% -18% 1% -15% EMAAR Specialty Retail & Community Centres Rent per sq. ft.: 2-Yr CAGR -9% -14% ■ Emaar ■Dubai Retail Market 1 ■ Emaar ■Dubai Retail Market¹ 1 ■ Emaar Dubai Retail Market EMAAR PROPERTIES 1) Source: JLL, CBRE

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