Emaar Development approves AED 2.7 billion dividend, reinforcing financial expansion and growth.
Emaar Development's Robust Financial Performance Drives Dubai's Real Estate Sector
Emaar Development, a leading master developer in Dubai, has shown remarkable financial growth, positioning itself as a key driver of the city's real estate sector. This growth was evident in the first half of 2025, with significant increases in revenue, profit, and sales compared to the same period in 2024.
In H1 2025, Emaar Development recorded a revenue of AED 10 billion (~US$2.7 billion), a 35% increase from H1 2024. Property sales reached AED 40.6 billion (~USD 11 billion), a 37% year-on-year increase. Net profit before tax rose by 50% to AED 5.5 billion (~USD 1.5 billion) compared to H1 2024. The company's backlog of future revenue increased 59% to AED 117.7 billion (~USD 32 billion), indicating strong future sales and revenue stability.
Emaar Properties, the parent company of Emaar Development, also reported strong results. H1 2025 net profit rose 33% to AED 7.08 billion (~USD 1.93 billion), and total revenue increased 38% to AED 19.83 billion (~USD 5.4 billion). Property sales surged 46% to AED 46 billion, driven by premium waterfront, high-rise luxury developments, and international markets like Egypt and Saudi Arabia. The backlog of future revenue jumped 62% to AED 146.3 billion, further assuring continuing growth.
Emaar Development's growth strategy focuses on launching a high volume of new projects, expanding premium residential developments, growing international operations, enhancing operational efficiencies, committing to sustainability, and maintaining strong customer satisfaction. In H1 2025, the company launched 25 new projects, reinforcing its dominant market position in Dubai and key markets.
Emaar Development plays a central role in sustaining Dubai’s rapid real estate growth and shaping its property market dynamics. Its growth reflects and drives the post-pandemic boom in Dubai’s real estate market, where residential prices have more than doubled since 2021. The company contributes to Dubai’s economic diversification by boosting retail, hospitality, entertainment, and residential property sectors.
At its Annual General Meeting (AGM), Emaar Development's shareholders approved a dividend distribution of AED2.7 billion (US$740 million). The AGM also approved the Board's report on Emaar's operations, financial position, and the Auditor's report. Mohamed Alabbar, the Founder of Emaar, attributed the company's success to its commitment to excellence, innovation, and customer satisfaction. In 2024, Emaar Development reported a 75% increase in property sales, reaching AED65.4 billion (US$17.8 billion).
In conclusion, Emaar Development's robust financial performance in 2024 and the first half of 2025 is driven by strong sales, strategic new project launches, international expansion, and sustainability initiatives. Its success revitalizes and shapes Dubai’s urban landscape through large-scale master plans and mixed-use developments, making it a prime real estate investment destination attracting international investors.
