Delivering Robust Growth
UAE Development - Projects Under Development (100% Owned)
% Remaining Collections of Sold
Project (100% Owned)
Units
Project Value
(AED Mn) (¹)
The Valley
1,518
3,013
Area
(SQF)
2,737,590
% Collected of
Launch Period % Unit Sold
% Value Sold
sold value
% Completion
Dec-22 (3)
% Gross Margin
Total
Dec-22(2)
Value
Till
Post
Handover Handover
99%
99%
24%
36%
76%
71%
5%
Eden
362
499
553,940
Nov-19
99%
99%
50%
87%
27%
50%
19%
31%
Nara
372
566
578,735
Aug-21
100%
100%
41%
11%
27%
59%
59%
0%
Talia
330
545
520,216
Jan-22
100%
100%
25%
7%
43%
75%
75%
0%
Orania
Farm Gardens
308
525
478,262
Jun-22
100%
100%
20%
39%
80%
80%
0%
146
878
606,437
Dec-22
96%
96%
40%
100%
100%
0%
Emirates Hills
277
751
312,806
96%
96%
18%
41%
82%
82%
0%
Golf Heights*
277
751
312,806
Oct-22
96%
96%
18%
41%
82%
82%
0%
Dubai Creek Harbour*
5,918
12,027
5,689,107
96%
94%
33%
40%
67%
50%
17%
Address Harbour Point
800
2,206
838,338
Sep-17
99%
100%
53%
100%
43%
47%
21%
26%
Breeze
202
342
192,487
Oct-18
100%
100%
40%
100%
41%
60%
26%
34%
Sunset
144
239
138,174
Nov-18
100%
100%
45%
100%
29%
55%
27%
28%
Palace DCH
587
1,054
540,047
Jan-19
98%
97%
44%
86%
36%
56%
20%
36%
Bay Shore
304
359
230,308
Feb-19
99%
99%
44%
100%
28%
56%
27%
29%
Summer
300
377
232,570
Apr-19
100%
100%
47%
100%
29%
53%
15%
38%
Creek Edge
563
957
515,847
May-19
92%
90%
28%
83%
36%
72%
39%
33%
Surf
171
218
133,672
Jun-19
100%
100%
49%
100%
34%
51%
14%
37%
Vida Creek Beach
222
436
203,009
Dec-19
100%
100%
49%
94%
44%
51%
22%
29%
DC Grove
262
506
255,491
Dec-21
100%
100%
27%
14%
33%
73%
63%
10%
Rosewater
211
445
204,669
Jan-22
100%
100%
29%
9%
41%
71%
63%
8%
Creek Palace
333
641
315,431
Mar-22
100%
100%
20%
5%
30%
80%
80%
0%
Lotus
267
398
205,260
Mar-22
100%
100%
22%
12%
36%
78%
78%
0%
Orchid
208
323
163,553
Apr-22
100%
100%
20%
14%
37%
80%
80%
0%
Creek Crescent
230
463
220,963
Jun-22
100%
100%
20%
32%
80%
80%
0%
Island Park I
154
299
161,292
Jun-22
99%
99%
20%
29%
80%
80%
0%
Island Park I
The Cove II
Total 100% Owned
154
300
161,292
Jul-22
100%
100%
20%
29%
80%
80%
0%
806
2,463
976,704
Nov-22
78%
76%
8%
51%
92%
92%
0%
22,246
62,527
27,549,802
99%
98%
39%
41%
61%
44%
17%
Project developed by Emaar Development PJSC on behalf of Emaar Properties PJSC
# Emaar Properties PJSC has fully acquired Dubai Creek Harbour in December 2022 from JDA partner
1) Total project value of units under development is based on the expected selling price; 2) Corresponds to gross margin for units sold
not necessarily indicative of margin at completion; 3) Projects where handover has not started are included in above table though
100% completion is achieved
56 | EMAAR
Note: Revenue of units sold related to projects under construction are recognized once 20% construction completion and 20% collection is achievedView entire presentation