"The company managed to record strong growth in project sales despite the tough operating environment, which underscores the strength of the Emaar brand." Issam Kassabieh, senior financial analyst at Menacorp Financial Services, said that good results for Emaar's three listed entities – parent firm Emaar Properties, Emaar Development and Emaar Malls – had been expected given the strong numbers posted during the first nine months of the year. Despite this, he said that he felt the share price of both Emaar Properties and Emaar Development were suffering from the lack of trading volume on the Dubai Financial Market - figures published on Sunday morning by KAMCO Research found that average daily traded values for the Dubai market in the year to February 14 stood at just $41 million - lower than Abu Dhabi ($45.6 million), Qatar ($68.6 million), Kuwait ($91.3 million) and Saudi Arabia ($763 million).