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Emaar Properties has reported a record 22 percent growth in Dubai property sales to AED10.81 billion (USD2.94 billion) in the first half of the year (H1).

Moreover, compared to the first six months of 2016, the developer also achieved a 15 percent surge in net profit to AED2.84 billion (USD 772 million), while revenue rose eight percent to AED7.87 billion (USD2.14 billion).

Noting that the positive performance builds upon the organisation’s transformational change to strengthen project management and service excellence through digital technology, Mohamed Alabbar, chairman, Emaar Properties, added, “At every stage of development, we place emphasis on being more efficient and responsive to the aspirations of our customers, and to create long-term value for our stakeholders.”