“Emaar” took the lead in terms of the volume of foreign and Gulf investments attracted

9.6 billion shares owned by foreigners and Gulf nationals in 7 real estate companies

2.56 billion shares owned by foreigners and Gulf nationals in Emaar Properties.

Emirates today

The number of shares owned by foreigners and Gulfs in seven Emirati real estate companies increased to about 9.6 billion shares, with a market value of 22 billion dirhams, at the end of the first third of this February, according to figures released by local financial markets.

The recorded increase in foreign and Gulf ownership of the capital of Emirati real estate companies comes after this segment of investors resorted to increasing the volume of their investments in the sector companies since the beginning of 2021.

The national real estate companies are among the most active companies listed in the financial markets in terms of the turnover of their shares and the percentage of returns that the investor can achieve through investing in their capital.

"Emaar Properties" came first in terms of the volume of foreign and Gulf investments attracted, as the number of shares owned by this segment of investors in the company reached 2.56 billion shares, with a market value of more than 10 billion dirhams, yesterday.

As for the level of foreign and Gulf ownership in the shares of "Aldar Real Estate Company", it reached 2.095 billion shares, with a market value of about 7.8 billion dirhams.

The number of shares owned by foreigners and Gulfs in the capital of "Damac Properties" reached about 2.45 billion shares, with a market value of approximately 3.18 billion dirhams during the monitoring period.

The rest of the properties of this segment of investors were distributed to companies: «Deyaar» and «Union Properties», in addition to «Emaar Real Estate Development» and «Ras Al-Khaimah Real Estate».

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