Delivering Robust Growth
Diversified Real Estate Play In UAE & International Markets
Resilient Business Model With Strong Growth Potential
Total Revenues
In AED Mn
9%
27,897
25,536
24,925
23,699
18,417
15,707
17,715
12,047
15,427
12,902
15,085
8,856
6,899
9,914
5,095
Significant growth delivered in difficult
market environment
4,221
Good business mix with strong upside
potential in development business,
supported by steadily growing recurring
businesses
Significant value to be un-locked in the
international operations (large land-bank)
Hospitality & Entertainment businesses
looking to expand outside UAE, in other
GCC markets
3,075
3,724
3,381
2,338
3,075
8,657
5,848
6,180
7,034
7,073
7,095
4,726
2016
2017
2018
2019
2020
1
2021
2022
International Development: 10% CAGR
UAE Development: 10% CAGR
Malls, Hospitality, Entertainment & Others (Recurring Revenues): 7% CAGR
1) Business performance were impacted due to Covid-19 pandemic.
6 | EMAAR
Note: During the year management has re-evaluated its assessment of control over one of the hospitality entity and concluded that both the shareholders have joint control over the
relevant business activities. Hence, the equity method of accounting is applied as per IAS 28 for such hospitality entity retrospectively and comparative numbers have been restated.View entire presentation