insights into the dubai property market

Monday, September 19, 2005

oh to be a UAE property company...


to see some financials from father christmas, check out:

http://www.emaar.com/PDF/Emaar_FN.pdf

According to Dubai's 'khaleejtimes', Emaar’s first-half 2005 profits soared fourfold to 2.5 billion dirhams...

Considering that Emaar is a company started only 8 years ago, and now on an international expansion strategy with 40 projects in seven countries before the end of this year! It's highest profile international venture is a $1 billion tie-up with Italian designer Giorgio Armani, to develop 10 Armani branded hotels.

incredible.

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