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Dubai: Emaar Properties reported 2020 property sales of Dh10.90 billion on Sunday and said it appointed a woman to its board.
Emaar recorded property sales of Dh6.321 billion ($ 1.72 billion) in the UAE alone. The developer said it handed over more than 72,100 residential units in Dubai and international markets, with more than 26,000 currently under development in the UAE and 12,000 units in global markets.
“The performance reflects sustained interest from investors, both domestic and foreign,” said Emaar in a statement.
The shareholders also elected a new board of directors composed of 9 members, including a woman. This comes after UAE’s Securities and Commodities Authority (SCA) made it compulsory for listed companies to appoint at least one woman to their boards.