Emaar Development PJSC, a subsidiary of Emaar Properties, reported strong financial results for the first half of 2025. The company’s property sales reached AED 40.6 billion (US$ 11 billion), marking a 37% increase compared to the same period in 2024. This growth was attributed to the launch of 25 new projects across major masterplans in Dubai.
The company’s backlog rose by 59% to AED 117.7 billion (US$ 32 billion) as of June 30, 2025, indicating expectations for higher revenue in future periods. Revenue for the first six months increased by 35% year-on-year to AED 10 billion (US$ 2.7 billion). Net profit before tax stood at AED 5.5 billion (US$ 1.5 billion), reflecting a rise of 50%, supported by operational efficiencies and strong project execution.
Emaar Development has focused on sustainable development practices and aims to improve energy efficiency and resource management within its operations.
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.”
He added: “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.”
Emaar Development is known for developing several large-scale residential and commercial projects in Dubai, including Downtown Dubai, Emirates Living, Dubai Marina, Arabian Ranches, Dubai Creek Harbour, Dubai Hills Estate, Emaar South, Rashid Yachts & Marina, The Valley, The Oasis, Emaar Beachfront and Grand Polo Club and Resort. Since its inception in 2002, it has delivered more than 77,500 residential units.
For additional details about Emaar Development’s performance or background information about their operations and ongoing projects visit https://properties.emaar.com/en/investor-relations/emaar-development-pjsc/.
