Delivering Robust Growth
UAE Development - Projects Under Development (100% Owned)
% Remaining Collections of Sold
Project Value
Project (100% Owned)
Units
(AED Mn) (1)
Downtown Dubai
Forte
7,831
25,942
Area
(SQF)
9,169,072
% 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
100%
99%
46%
43%
54%
35%
19%
918
2,622
1,063,647
Apr-Sep-15
100%
100%
52%
97%
35%
48%
25%
23%
Address Opera
866
3,812
1,103,756
Dec-15/ Mar-16
100%
100%
59%
96%
44%
41%
26%
15%
Il Primo
119
2,679
701,836
Jun-16
100%
100%
43%
93%
43%
57%
16%
41%
Act One Act Two
778
2,124
820,243
Aug-16
99%
99%
44%
100%
42%
56%
20%
36%
Downtown Views 2
1,509
3,560
1,613,816
Jan-Apr-17
100%
100%
52%
100%
36%
48%
22%
26%
Vida Dubai Mall
620
1,652
606,860
May-Jul-17
100%
100%
61%
79%
42%
39%
25%
14%
Burj Royale #
Grande
Burj Crown
602
1,045
492,846
Jan-18
100%
100%
51%
100%
54%
49%
44%
5%
882
2,846
958,989
May-18
100%
100%
46%
84%
43%
54%
36%
18%
427
825
385,518
Jan-20
100%
100%
45%
84%
52%
55%
36%
19%
St. Regis Residences
1,075
3,864
1,168,447
Feb-22
100%
100%
28%
53%
72%
72%
0%
The Residence BK*
35
914
253,114
Nov-22
77%
79%
17%
17%
83%
83%
0%
Dubai Marina
799
2,141
868,651
100%
99%
41%
47%
59%
57%
2%
Vida Residence at Dubai Marina
362
836
411,400
Mar-17
99%
99%
74%
100%
27%
26%
20%
6%
Marina Shores*
437
1,304
457,251
Jul-22
100%
100%
20%
60%
80%
80%
0%
Arabian Ranches III
2,636
6,802
5,266,957
100%
100%
36%
36%
64%
46%
18%
Joy
486
768
740,435
Mar-19
100%
100%
53%
100%
33%
47%
8%
39%
Spring
154
241
232,332
May-19
100%
100%
54%
100%
30%
46%
16%
30%
Ruba
430
803
693,852
Oct-19
100%
100%
41%
88%
30%
59%
21%
38%
Caya
247
1,091
756,918
May-21
100%
100%
39%
17%
29%
61%
32%
29%
Bliss
332
670
529,060
May-21
100%
100%
39%
22%
44%
61%
31%
30%
June 2
June
Elie Saab
Elie Saab II
Bliss 2
Raya
35
126
96,699
Oct-21
100%
100%
37%
12%
36%
63%
48%
15%
183
653
508,903
Oct-21
100%
100%
32%
2%
36%
68%
62%
6%
129
659
436,715
Nov-21
100%
100%
29%
39%
71%
71%
0%
131
686
446,199
Jan-22
100%
100%
29%
43%
71%
71%
0%
269
573
441,847
Feb-22
100%
100%
29%
41%
71%
71%
0%
240
531
383,997
Oct-22
100%
100%
18%
45%
82%
82%
0%
Emaar Beachfront
3,267
11,852
3,505,619
100%
99%
35%
43%
65%
48%
17%
Marina Vista
353
870
327,247
Sep-18
100%
100%
46%
100%
37%
54%
29%
25%
Grand Bleu Tower
634
2,232
701,222
Apr-19
100%
100%
43%
55%
36%
57%
34%
23%
South Beach
270
662
235,318
Sep-19
100%
100%
54%
100%
38%
46%
20%
26%
Beach Isle
396
1,191
410,319
Feb 201
100%
100%
46%
90%
37%
54%
34%
20%
Palace Beach Residence
550
1,628
522,827
Apr-21
100%
100%
30%
9%
35%
70%
41%
29%
Beach Mansion
491
1,939
569,871
Sep-21
100%
100%
34%
4%
46%
66%
47%
19%
Address The Bay
323
1,699
412,461
Jun-22
99%
95%
21%
50%
79%
79%
0%
Beachgate by Address
250
1,630
326,354
Aug-22
Total
14,533
46,737
18,810,299
100%
100%
100%
99%
20%
60%
80%
80%
0%
42%
42%
58%
40%
18%
* Project developed by Emaar Development PJSC
on behalf of Emaar Properties PJSC
#Group's share is 61.25%
55 | EMAAR
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
Note: Revenue of units sold related to projects under construction are recognized once 20% construction completion and 20% collection is achievedView entire presentation