Due to unforeseen circumstances, if you need to cancel your reservation, you may do so hassle-free. With Emirates ticket cancellation policy, you may cancel your flight ticket free of charge if you cancel it within the 24 hour window. The 24 hour window is subject to certain term & conditions. The airline will charge you a flight cancellation fee, if you are unable to meet the free cancellation requirements. The flight cancellation fee varies, depending on your fare type & class type.
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A Comprehensive Guide to Emirates Ticket Cancellation

Emirates ticket cancellation, If you cancel a booking for a refundable fare after the 24-hour risk-free cancellation time, Emirates will charge you a $200 fee.