Staff Report
Dubai, UAE
Emaar Development, a leading build-to-sell property development company in the UAE and majority-owned subsidiary of Emaar Properties, announced its H1 2025 net profit collection before tax, which reached Dh5.5 billion– a 50 percent year-on-year (YoY) jump from the corresponding period in 2024. The surge was underpinned by 35 percent YoY growth in revenue, standing at Dh10 billion.
Property sales of Dh40.6 billion was recorded during this period, exhibiting 37 percent yearly increase from Dh29.7 billion in H1 2024. The half-yearly performance was supported by the successful launch of 25 new projects across key masterplans between January and June this year.
Mohamed Alabbar, founder of Emaar, stated, “Our results for first half of 2025 demonstrate the resilience and dynamism in a competitive market. Beyond financial metrics, we remain dedicated to elevating lifestyles and creating communities where people can truly grow. Our innovation-driven approach and customer-centric focus continue to be key pillars of our success.”
Emaar Development’s revenue backlog also saw substantial uptick of 59 percent year-on-year, recording Dh117.7 billion. Its earnings before interest, taxes, depreciation, and amortisation (EBITDA) increased by 47 percent to Dh5 billion, at a healthy 50 percent margin.
“Rather than reacting to market shifts, Emaar is actively shaping what the future of urban living looks like. By blending visionary design with sustainability and cutting-edge technology, we are creating spaces that reflect the aspirations of today and the possibilities of tomorrow, and this is how we turn growth into legacy,” Alabbar added.
Ends
Also read: Emaar Development records 49% YoY profit growth in Q1 2025
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