Delivering Robust Growth
...Delivering Robust Growth
Emaar Malls Management Delivered Consistent Growth over 2012 to 2022
Robust Growth in Footfalls...
6.1 6.0
6.1
6.1 6.2
5.2
5.3
5.4 5.4 5.4
5.4
Preferred gateway to Dubai's consumerism for
aspiring retailers and brands
Urban lifestyle destination and unique retail
experience
Benefits from mature catchment created by the
integrated master community developments by
Emaar
Emaar's malls are top choice for retailers, due
to our well-established presence, superior
positioning and strong footfall
Opened Dubai Hills Mall¹, an Iconic lifestyle
destination, with ~1.8 Mn Sq.Ft. GLA in Feb 2022
4%
89
104
114
124 125
130 136 136
137
101
76
| | ||
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022
■Main Units GLA - Mn Sq.Ft
Footfalls - Mn
Along with Steady Increase in Rent psf. (AED)
5%
381 419
460 505
539
600
561
579
571
606
379
1) A JV with Meraas
14 | EMAAR
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022
Note: CAGR for footfall and rent increase is calculated from 2012-2022 for assets owned by Emaar Mall ManagementView entire presentation