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Company News - Dubai Properties
Dubai Land Department Values 8,000 Properties Worth AED 287 Billion In 2017 (10 March 2018)
Dubai Land Department (DLD) has confirmed that it successfully conducted 8,173 real estate valuations worth over AED 287 billion - the highest value ever recorded - in 2017.

Emaar Properties Records Upsurge In Dubai Property Sales By 25% to AED 18.03 Billion (US$ 4.91 billion) In FY 2017; Net Operating Profit Increases By 16% To AED 5.70 Billion (US$ 1.55 Billion) (14 February 2018)
Emaar Properties PJSC (DFM: EMAAR) recorded a net operating profit of AED 5.704 billion (US$ 1.553 billion) during full-year (January to December) 2017, a growth of 16 per cent over the FY 2016 net operating profit of AED 4.917 billion (US$ 1.339 billion).

Dubai Properties’ Dragon Boat Race To Paddle Down Marasi Business Bay (25 January 2018)
Dubai Propertiesis proud to hosttheannual Dragon Boat Race at Marasi Business Bay from 9-10 February. The 11th edition of the popular water sport race will welcome an estimated 5,000 spectators and over 1,500 participants across 75 teams. The 2018 edition of the race promises to be the biggest yet!

Dubai Investments Buys Union Properties’ Stake In Emicool (21 January 2018)
Dubai Investments PJSC [DFM: DIC], the leading, diversified investment company listed on the Dubai Financial Market, has acquired additional 50% stake in Emirates District LLC [Emicool] from Union Properties PJSC for AED 500 million.

Dubai Land Department Launches Dubai Property Festival To Promote The Sale Of Completed Properties (8 January 2018)
Dubai Land Department (DLD) announced the launch of Dubai Property Festival (DPF), a three-day sales and purchase event to be held at the Dubai World Trade Centre April 9 - 11, coinciding with a series of events in Dubai aimed at attracting global investment to the UAE.

"Emaar Properties Records 32% Surge In Dubai Property Sales To Aed 15.361 Bn (Us$ 4.182 Bn) In 9 Months Of 2017; Net Profit Grows By 20% To Aed 4.347 Bn (Us$ 1.184 Bn)’’ (12 November 2017)
Emaar has announced its intention to proceed with the sale of 20 percent of the existing shares of Emaar Development LLC, its build-to-sell property development business in the UAE via an initial public offering on the Dubai Financial Market.

Dubai Properties Launches First Outdoor Yoga Hub At Marasi Business Bay (19 October 2017)
Dubai Properties today announced the opening of the city’s first purpose-built outdoor yoga facility - Yoga Hub at Marasi Business Bay.

Dubai Properties, Pink Caravan Partner To Offer Free Breast Cancer Screening (16 October 2017)
In honour of Breast Cancer Awareness Month, celebrated across the globe every October, Dubai Properties will offer complimentary breast cancer screening across its landmark destinations Marasi Business Bay and Jumeirah Beach Residence, JBR.

Al Ghurair Properties Invests AED 5 Billion On Dubai’s Development (10 October 2017)
Al Ghurair Properties, the pioneering real estate developer managing commercial, residential, hospitality and mixed use developments, announces a new wave of projects across Dubai, as part of the company’s vision to uplift the property offering in the city.

Dubai Properties’ Bellevue Towers Marks Key Construction Milestone (2 October 2017)
Dubai Properties, a leading Dubai-based real estate master developer of renowned destinations across the emirate, today announced the completion of the raft casting at its Bellevue Towers residential project.

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