Dubai's Emaar Properties gain 30% as H1-2025 net profit crosses Dh10b

Emaar scored big gains on revenue front too as property sales kept climbing

Last updated: August 06, 2025 | 16:25

Manoj Nair, Business Editor

2 MIN READ

The numbers are all pointing up for Emaar after H1-2025.

Bloomberg

Dubai: As was widely anticipated, Emaar Properties turned in robust H1-2025 performance, with 30% or plus growth on revenues and profit.

Net profit before tax for the Dubai-based developer was up 34% to Dh10.4 billion. Revenues for the 6-month period shot up 38% to Dh19.8 billion.

The numbers come at a time when Emaar Development, which oversees the local operations, just confirmed buying new land in Dubai for Dh2.9 billion.

Emaar Properties' share price was unchanged today at Dh15.45 - but has done enough in the year-to-date by being up over 20%.

Also Read: What Dubai's newer property investors must keep in mind

Property sales for Emaar during the period came to about Dh46 billion, a staggering 46% increase - and surpassing previous sales records.

But it will be the property sales backlog on Emaar's books that will please its shareholders. The backlog Increased by 62% to Dh146.3 billion at the end of June as the developer pulled in a sizable inflow of new investments into Dubai property. Newer projects such as The Valley helped as did existing master-developments like Dubai Hills Estate and Dubai Creek Harbour.

Also Read: Dubai's Emaar launches 'Vyom' to buy, sell homes digitally

"Numbers alone don’t tell the full story," said Mohamed Alabbar, founder of Emaar.

"Behind every sale, every project, every community, there’s intent. There’s a team asking: how can we do better?

"How can we make someone’s everyday more meaningful? First half of 2025 reflects that mindset."

Emaar UAE numbers

Now, Emaar's revenue backlog from the UAE alone was Dh128.6 billion, with a 50% increase over H1-2024 and 'underscoring sustained market interest in premium lifestyle offerings across Dubai', said a statement.

The Emaar Development stock on DFM is 12.77% up for the year after closing at Dh15.45.

* Emaar Development's H1-25 revenues were around Dh10 billion, up 35%.

* Net profit before tax was Dh5.5 billion, a 50% gain.

* Consolidated revenue of Emaar Properties from its property development business increased to Dh13.5 billion, up 50%.

Manoj NairBusiness Editor

Manoj Nair, the Gulf News Business Editor, is an expert on property and gold in the UAE and wider region, and these days he is also keeping an eye on stocks as well. Manoj cares a lot for luxury brands and what make them tick, as well as keep close watch on whatever changes the retail industry goes through, whether on the grand scale or incremental. He’s been with Gulf News for 30 years, having started as a Business Reporter. When not into financial journalism, Manoj prefers to see as much of 1950s-1980s Bollywood movies. He reckons the combo is as exciting as it gets, though many will vehemently disagree.