In 2024, Emirates Real Estate Company reported a net profit of 275.6 million dirhams, which represents a decrease of 67% compared to the previous year.
This decline in the company's profit is associated with a range of factors, including the impact of pandemics on the real estate market and changes in property prices. Nevertheless, despite this financial result, the company retains prospects for growth and development in the future.
"We continue to focus on enhancing our services and offerings for clients to ensure stable business development," noted the company's representative.
The company is also working on expanding its project portfolio and implementing new innovative approaches in its activities with the aim of strengthening its leading position in the real estate market in the region.
