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Dubai s largest listed property developer, Emaar, had a record 250 per cent surge in revenue for the first five months of 2021 - Dh10.5 billion against Dh3 billion in the same period last year. The net profit for the first quarter came in at Dh1.2 million, a 29 per cent increase from the same quarter last year. This striking performance once again illustrates the resilience of the group to withstand the pandemic. The nation’s swift vaccination programmes and government stimulus offered resulted in a faster recuperation compared to other countries. The Dubai residential real estate market felt the bump in 2020 with prices hitting rock bottom - and now it offers attractive opportunities, especially on premium properties. The luxury end of the market is enjoying a boom, with the emirate recording 22 residential sales in the $10 million and above bracket in the first five months compared with 19 for all of last year. A dip in the prices have culminated in a buyers’ market with

United arab emiratesVijay valechaEmaar propertiesStock dubai financial marketDubai financial marketImage creditEmaar propertieChief investment officerஒன்றுபட்டது அரபு அமீரகங்கள்விஜய் வழேசாஸ்டாக் துபாய் நிதி சந்தைதுபாய் நிதி சந்தைபடம் கடன்தலைமை முதலீடு அதிகாரி