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Delivering Robust Growth

UAE Development - Projects Under Development (JVs) % Remaining Collections of Sold Value Project (Joint Ventures) Units Project Value (AED Mn) (¹) Dubai Hills Estates 2,569 10,015 Area (SQF) 4,385,520 % Collected of Launch Period % Unit Sold % Value Sold sold value % Completion Dec-22 (3) % Gross Margin Dec-22(2) Total Till Handover Post Handover 98% 97% 29% 60% 71% 57% 14% Socio 332 278 193,826 Feb-18 100% 100% 50% 96% 26% 50% 50% 0% Golf Suites 211 347 202,994 Nov-18 100% 100% 49% 100% 42% 51% 11% 40% Golfville 306 311 183,203 Apr-19 100% 100% 36% 39% 44% 64% 36% 28% Golf Place II 128 1,460 777,810 Feb-21 100% 100% 41% 11% 57% 59% 22% 37% Palm Hills 75 875 370,886 May-21 100% 100% 39% 3% 64% 61% 33% 28% Majestic Vistas 40 1,182 347,721 Jun-21 100% 100% 40% 2% 74% 60% 34% 26% Park Field 304 528 263,029 Jun-22 100% 100% 20% 36% 80% 80% 0% Lime Gardens 291 519 250,116 Jul-22 99% 98% 21% 50% 79% 79% 0% Hills Park 444 709 359,133 Aug-22 99% 99% 19% 46% 81% 81% 0% Address Hillcrest 138 3,273 1,183,776 Aug-22 94% 94% 18% 72% 82% 82% 0% Park Horizon 300 534 253,026 Nov-22 86% 82% 8% 51% 92% 92% 0% Rashid Yachts & Marina 673 1,516 723,982 62% 61% 14% 35% 86% 86% 0% Sea Gate 282 633 302,236 Jun-22 85% 86% 20% 33% 80% 80% 0% Seascape 391 882 421,746 Dec-22 46% 44% 6% 36% 94% 94% 0% Emaar South 1,655 2,225 2,437,656 98% 96% 42% 33% 58% 27% 31% Parkside 2 Parkside 3 Green View Greenview 2 422 510 604,920 Jan-19 100% 100% 53% 95% 29% 47% 6% 41% 365 438 519,318 Feb-19 100% 100% 47% 100% 29% 53% 8% 45% 286 350 413,656 Apr-19 100% 100% 48% 28% 31% 52% 14% 38% 292 358 417,556 Jul-19 100% 100% 46% 21% 33% 54% 17% 37% Greenview 3 241 391 366,067 Apr-22 100% 100% 20% 39% 80% 80% 0% Fairway Villas 49 179 116,139 Dec-22 47% 51% 43% 100% 100% 0% Total 4,897 13,756 7,547,158 93% 93% 30% 53% 70% 54% 16% Grand Total (100% Owned + JVs) 27,143 76,284 35,096,960 98% 97% 37% 43% 63% 46% 17% 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 57 EMAAR Note: Revenue of units sold related to projects under construction are recognized once 20% construction completion and 20% collection is achieved
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