Emaar Development PJSC, a major build-to-sell property developer in the UAE and a subsidiary of Emaar Properties, reported strong financial results for the third quarter of 2025. The company’s property sales reached AED 52.9 billion (US$ 14.4 billion) during the first nine months of the year, marking a 10% increase compared to the same period in 2024. This growth was supported by the launch of 33 new projects across its masterplans.
Revenue for the period rose by 41% to AED 17.6 billion (US$ 4.8 billion). The company also saw its revenue backlog grow by 44% year-on-year, reaching AED 120.4 billion (US$ 32.8 billion) as of September 30, indicating strong visibility for future revenues.
Emaar Development reported an EBITDA of AED 8.9 billion (US$ 2.4 billion), up by 49%, with a margin of 51%. Net profit before tax increased by 49% to AED 9.8 billion (US$ 2.7 billion), reflecting a net profit margin of 55%.
The company highlighted its commitment to quality developments and customer satisfaction, as well as ongoing efforts in sustainable development practices focusing on energy efficiency and environmental responsibility.
In the third quarter, Emaar unveiled its Dubai Mansions project, described as combining luxury and innovative design with urban living.
Mohamed Alabbar, founder of Emaar, stated: “Our success is a testament to the UAE Government’s visionary leadership and sound policies, reinforced by Emaar’s strategic long-term planning. Financial achievements are meaningful, but what truly inspires me is witnessing our concepts transform into thriving, dynamic communities. At Emaar, each milestone reflects our commitment to converting ambition into real experiences, designing spaces where people live fully, build connections, and imagine what the future can hold.”
Emaar Development has delivered around 79,000 residential units since its founding in 2002 and currently has over 47,200 units under development.
The parent company Emaar Properties also continued to deliver strong operational and financial results during this period according to information available at https://properties.emaar.com/en/investor-relations/emaar-development-pjsc/.
