In the past year, all eight of the largest companies involved in real estate development listed on the stock exchanges of the UAE generated a total of 41.35 billion dirhams. This information was confirmed by a number of reports published during the release of financial results of companies operating in the real estate sector of the country. "These impressive results indicate that companies continue to successfully address challenges and maintain sustainable growth even in the face of an unpredictable economic situation," added the analysts. Experts also noted that this positive trend contributes to strengthening investor confidence and increased attractiveness of the UAE for potential investments in the real estate sector.
Increase in Profits in the Real Estate Development Sector in the UAE
8 real estate development companies registered profits totaling 41.35 billion dirhams during the past year, reflecting the sector's recovery.