The net profit of the company has increased by 124% up to AED 5.8B (USD 1.6B), which can be explained by sustained revenue, growing margins, as well as greater control on costs. On the three-month period results, Emaar Properties showed the operating and net profit growth by 12% and 46% reaching AED 2.3B (USD 626M) and AED 1.5B (USD 408M), in comparison with the same period in the previous year.