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Emaar Properties first-quarter profit up 17% to Dh1.21 billion

Property sales in Dubai helped lift Emaar Properties’ first quarter profit by 17 per cent, despite a continuing slump in prices. Dubai-listed Emaar yesterday posted a net profit of Dh1.2 billion, meeting an average of estimates compiled by Bloomberg, and surpassing the Dh1.03bn the company made during the same period…

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