Company Emaar Development

Equities

EMAARDEV

AEE001901017

Real Estate Development & Operations

Analysts' Consensus

Business Summary

Sales per Business

Sales per region

Managers

Members of the board

Share class

Shareholders

Company contact information

Sector

Sales per Business

Ratings for Emaar Development

EPS Revisions

Quarterly earnings - Rate of surprise

Sector Other Real Estate Development & Operations

Delayed Dubai FM Other stock markets 02:10:38 2024-04-26 am EDT			5-day change	1st Jan Change
8.52 ^AED	-0.93%		+1.31%	+19.16%

Mar. 21	UAE Property Prices Reach New Heights in February, Morgan Stanley Says	MT
Feb. 09	Emaar Development PJSC Reports Earnings Results for the Full Year Ended December 31, 2023	CI

Emaar Development PJSC is United Arab Emirates based company engaged in the real estate development. The Company is engaged in the the property investment, development, and development management business in the United Arab Emirates. Emaar operates through 3 different main segments: Real Estate, Leasing and Related Activities, and Hospitality. The Real Estate segment develops, creates and sell condominiums, villas, commercial units, and plots of land. The leasing and Related activities develops malls and manages malls in addition to retail, commercial and residential areas. The Hospitality segment develops and manages a portfolio of hospitality assets, such as Hotels, serviced residences, golf retreats and yacht clubs, among others. Its portfolio includes properties, such as Burj Khalifa, Dubai Marina, among others.

AED in Million	2022	Weight	2023	Weight	Delta
Residential Units 91.1 %	10,227	88.6 %	10,863	91.1 %	+6.22%
Commercial Units, Plots of Land and Development Services 8.9 %	1,314	11.4 %	1,058	8.9 %	-19.46%

AED in Million	2022	Weight	2023	Weight	Delta
United Arab Emirates 100.0 %	11,541	100.0 %	11,921	100.0 %	+3.30%

Managers	Title	Age	Since
Ahmad Al Matrooshi CEO	Chief Executive Officer	66	-
Sunil Grover DFI	Director of Finance/CFO	52	-
Walid Karam LAW	General Counsel	56	-

Members of the board	Title	Age	Since
Jamal bin Thaniah BRD	Director/Board Member	65	-
Mohamed Al Abbar BRD	Director/Board Member	67	-
Ahmed bin Jamal bin Hassan Jawa BRD	Director/Board Member	68	-
Adnan Kazim Abdul Fattah CHM	Chairman	-	-

	Vote	Quantity	Free-Float	Company-owned shares	Total Float
Stock A	1	4,000,000,000	833,548,000 ( 20.84 %)	0	20.84 %

Name	Equities	%	Valuation
EMAAR PROPERTIES 79.16 %	3,166,451,142	79.16 %	7 191 M AED
Fiera Capital (UK) Ltd. 0.2222 %	8,889,283	0.2222 %	20 M AED
Pictet Asset Management Ltd. 0.1014 %	4,056,227	0.1014 %	9 M AED
Evli Fund Management Co. Ltd. 0.0875 %	3,500,000	0.0875 %	8 M AED
Mackenzie Investments Corp. (United States) 0.0664 %	2,654,383	0.0664 %	6 M AED
Quaestio Capital Management SGR SpA 0.0500 %	1,998,489	0.0500 %	5 M AED
State Street Global Advisors Ltd. 0.0470 %	1,880,061	0.0470 %	4 M AED
SNB Capital Co. 0.0395 %	1,580,399	0.0395 %	4 M AED
Bridge Fund Management Ltd. 0.0374 %	1,496,046	0.0374 %	3 M AED
Dimensional Fund Advisors Ltd. 0.0262 %	1,047,415	0.0262 %	2 M AED

Emaar Development PJSC

Emaar Square Building 3, Level 1

, Dubai

http://emaar.ae

Trading Rating

Investor Rating

ESG Refinitiv

D+

More Ratings

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

8.6 AED

Average target price

9.816 AED

Spread / Average Target

+14.14%

Consensus

Estimates Revisions

Company calendar

Real Estate

Real Estate

Real Estate Operations

Real Estate Development & Operations

Other Real Estate Development & Operations

	1st Jan change	Capi.
EMAAR DEVELOPMENT	+19.16%	9.36B
MITSUI FUDOSAN CO., LTD.	+36.16%	27.29B
SUN HUNG KAI PROPERTIES LIMITED	-13.08%	26.65B
DLF LIMITED	+24.57%	26.56B
MITSUBISHI ESTATE CO., LTD.	+44.49%	22.46B
CHINA RESOURCES LAND LIMITED	-0.18%	23.73B
EMAAR PROPERTIES	+3.03%	19.61B
CHINA OVERSEAS LAND & INVESTMENT LTD.	+2.33%	18.04B
SUMITOMO REALTY & DEVELOPMENT CO., LTD.	+28.54%	16.12B
MACROTECH DEVELOPERS LIMITED	+16.87%	14.48B

Other Real Estate Development & Operations