Emaar Properties PJSC has reported strong financial results for the first nine months of 2025, with property sales reaching AED 61 billion (US$ 16.6 billion), a 22% increase compared to the same period last year. The company’s revenue backlog from property sales rose to AED 150.3 billion (US$ 41 billion), up nearly 50% year-on-year, offering significant visibility for future revenues.
Total revenue increased by 39% to AED 33.1 billion (US$ 9 billion). EBITDA grew by 32% to AED 16.6 billion (US$ 4.5 billion), and net profit before tax was AED 16.7 billion (US$ 4.5 billion), reflecting a growth of 35%. Emaar attributes this performance to steady demand across its developments, strong recurring revenue streams, and disciplined financial management.
The company holds a master-planned land bank of about 660 million square feet, including approximately 370 million square feet in the UAE, supporting ongoing expansion and long-term development plans.
Emaar’s credit standing improved during the period, with upgraded ratings from S&P Global (BBB+) and Moody’s (Baa1), both with stable outlooks.
Mohamed Alabbar, founder of Emaar, stated: “Our strong results for the first nine months of 2025 are a reflection of the UAE government’s wise leadership and sound policies, alongside Emaar’s own long-term strategic planning. This foundation has enabled us to anticipate change and adapt with precision. Every achievement during this period is a result of understanding market dynamics, responding quickly, and staying ahead of expectations, ensuring that Emaar continues to deliver value no matter the environment.“
In property development within the UAE, Emaar Development PJSC recorded sales of AED 52.9 billion (US$ 14.4 billion) in the first nine months of the year—a rise of 10%. Revenue for this segment reached AED 17.6 billion (US$ 4.8 billion), up by 41%, while net profit before tax was AED 9.8 billion (US$ 2.7 billion), an increase of nearly half over last year.
The backlog from UAE developments stood at around AED 130 billion (US$ 35.4 billion) as of September end, indicating sustained interest in integrated communities and premium offerings.
Emaar announced an ultra-luxury residential community called Emaar Hills near Dubai Hills Estate; Dubai Mansions is under development within this area and aims to provide exclusive mansions for global clients.
Internationally, Emaar saw property sales reach AED 8.1 billion (US$ 2.2 billion)—a surge of more than threefold—mainly due to performance in Egypt and India. International operations contributed roughly four percent to total revenue.
Shopping malls and retail leasing continued robust performance; this segment generated revenue of AED 4.7 billion (US$1.3 billion), up by double digits over last year with average occupancy above ninety-eight percent.
Hospitality, leisure, and entertainment businesses posted revenues of AED 3 billion (US$ 0.8 billion), increasing fifteen percent from last year; hotel occupancy rates averaged seventy-two percent in the UAE portfolio excluding Rove hotels.
Recurring revenue activities—which include malls, hospitality venues, leisure facilities, entertainment assets, and commercial leasing—generated steady cash flows totaling AED 7.7 billion (US$ 2.1 billion) in nine months with EBITDA at AED 5.9 billion (US$ 1.6 billion).
Emaar maintains focus on customer satisfaction through design excellence and world-class experiences while also emphasizing talent development via initiatives such as its Youth Council and mentorship programs for Emirati professionals.
On sustainability measures, Emaar achieved recognition with CIPS Corporate Ethics Mark across its supply chain and received an ESG rating upgrade from MSCI to ‘A’.
According to recent announcements on its official channels:
– In Q3 2025 Emaar Development reported continued growth in sales and profits.
– The company unveiled Dubai Mansions at Emaar Hills as part of plans for an ultra-luxury community targeting high-net-worth buyers.
More information can be found at https://www.emaar.com/en/newsroom/emaar-development-reports-strong-performance-in-q3-2025-property-sales-reach-aed-52-9-billion-us-14-4-billion-and-49-growth-in-net-profit-before-tax-reaching-aed-9-8-billion-us-2-7-billion/
and https://www.emaar.com/en/newsroom/emaar-unveils-dubai-mansions-at-emaar-hills-aed100bn-community-of-ultra-luxury-homes/.
Since its founding in Dubai Financial Market-listed shares have delivered over one hundred twenty-three thousand five hundred residential units globally since two thousand two while operating major assets like Burj Khalifa—the world’s tallest tower—and Dubai Mall.
