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Investor Presentaiton

UAE Retail Strategy: Adopt Low-Risk Model For Future Expansions EMAAR Projects under Emaar Malls Operate As Pure Rental Income Play GLA • Pure Rental Income Play Project Name Expected ('000 sq.ft.) Opening Focus on rental income growth and cash flow generation Minimal Development Risk TDM Boulevard Expansion C. 110 H2 2021 221 • • Execute extensions & renovations at existing retail assets Selectively add new community centres in Emaar master developments New Expansions • New retail assets to be developed by Emaar Properties (independently or through Joint Ventures) Dubai Hills Mall1 Other Projects being developed by Emaar Properties Project Name GLA ('000 sq.ft.) Expected Opening c.2,000 H2 2021 • Emaar Malls to selectively buy the retail assets post construction with significant GLA already leased out Dubai Expo Mall 1,2 c.385 H2 2022 EMAAR PROPERTIES 1) Being developed under joint ventures by Emaar Properties & third parties, 2) Dubai South Mall is now renamed as Dubai Expo Mall
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