AED 268 billion invested in listed real estate companies

A recent study by Trouth Economic Consultancy found that the GDP of the real estate, construction and construction sector amounted to about AED 346 billion in 2017, compared to AED 326.8 billion in 2016, an increase of 24.1 billion AED. The total contribution of the sector to about 31% of the total non-oil GDP of the state for the 2017 fiscal year.

Total

The overall results of the study revealed that the total of Head Invested in real estate companies, construction and construction listed on the Abu Dhabi and Dubai Securities market reached AED 268 billion at the end of 2017 and increased by AED 24.1 billion compared to AED 244 billion in 2016, an increase of 10%.

Muslim explained that the return on paid-up capital from the sector was 28%. The average return on equity was 12% and the companies realized a return on the total invested capital of 6%, while the sales of property, plant and equipment was about 55%.

Costs

Total revenues of the current business of real estate, construction and construction companies reached 72% The ratio of general, administrative and commercial expenses to revenues of the real estate and construction sector s & D Rose to 12%, while the percentage of net profit of companies was about 29%.

He points out that real estate and construction companies are registered in the markets of Abu Dhabi and Dubai Financial. (19659004) Current assets of real estate and construction companies increased by 12% in 2017 compared to 2016, compared to 147.1 billion dirhams in 2016, approximately 164.2 m in 2007, fixed assets (fixed assets) s & # 39, amounted to AED 103.9 billion at the end of 2017 compared to AED 96.6 billion in 2016 and increased by AED 7.3 billion due to the increase in fixed real estate investments, real estate investments and investments in associates. 2015.

Passive Short Term

Muslim reports that the short-term liabilities of all listed real estate and construction companies increased by 14.1 billion dirhams at the end of 2017 compared with the previous year. year 2016, or 98.5 billion dirhams and 14% (112.6 billion dirhams) Due to the increase in trade payables in 2017.

The value of equity of real estate and construction companies it stands at 135.2 billion dirhams at the end of 2017, an increase of 10.2 billion dirhams compared to the end of 2016, due to the increase in reserves under their And cumulative profits in 2017 compared to 2016

The total revenues of real estate and construction companies recorded on the Abu Dhabi and Dubai Securities markets at the end of 2017 amounted to about MAD 58 billion, up MAD 6.4 billion compared to 2016 , AED.

Expenditure

Real estate, construction and construction companies recorded an increase in total direct costs at the end of December 2017 compared to 2016 of 33.6 billion dirhams and 12.3 billion dirhams at 45, 8 billion dirhams at the end of 2016.

19659003] Real estate and construction companies registered in the financial markets of Dubai and Abu Dhabi posted a net profit of 15.5 billion AED at the end of the year. ;last year.