Emaar confirms communities, malls and projects operating normally

Emaar confirms normal operations across its communities amid regional tensions

Last updated: March 04, 2026 | 10:24

Nivetha Dayanand, Assistant Business Editor

2 MIN READ

Tourists in Dubai Mall Chinatown.

Dubai: All Emaar communities, malls, hospitality assets and development projects continue to operate normally despite rising geopolitical tensions in the region, the developer said.

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"The city continues to demonstrate resilience, supported by effective leadership, sound regulation, and a dynamic business environment. Our focus remains on disciplined execution, operational excellence, and delivering sustainable value for our shareholders and customers," said company’s founder Mohamed Alabbar.

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The reassurance comes at a time of heightened uncertainty across the Middle East following the outbreak of military conflict involving the United States, Israel and Iran since Saturday.

Record performance strengthens resilience

The company’s reassurance follows a record financial year that has strengthened its balance sheet and positioned it for continued growth.

Emaar reported its strongest performance in history in 2025, with property sales reaching Dh80.4 billion. Revenue climbed to Dh49.6 billion while net profit before tax reached Dh25.7 billion.

The developer also ended the year with a revenue backlog of Dh155 billion, giving the company strong visibility over future earnings and cash flows. That backlog reflects the scale of projects under construction and scheduled deliveries in the coming years.

Also Read: Emaar reports record 2025 with highest sales, revenue and profit

Also Read: Emaar sees 22% rise in property sales to Dh61b for first nine months of 2025

Strong start to 2026

Momentum from last year has carried into 2026, with property demand continuing to accelerate during the opening months of the year.

Emaar recorded UAE property sales of Dh17.2 billion during the first two months of 2026, compared with Dh7.9 billion during the same period last year. That represents a year on year increase of about 118%.

Alabbar said the company’s performance reflects the broader stability of the emirate’s economic model.

“Emaar’s performance reflects the strength of Dubai’s economic vision and the confidence investors place in its stability and long term prospects”

Emaar’s portfolio includes some of Dubai’s most prominent residential communities, retail destinations and hospitality assets. The company operates large scale developments that house tens of thousands of residents and welcome millions of visitors every year.

Despite the geopolitical developments unfolding across the region, the developer confirmed that all operations continue without interruption.

Nivetha DayanandAssistant Business Editor

Nivetha Dayanand is Assistant Business Editor at Gulf News, covering aviation, financial markets and commodities. A business and financial journalist with a strong interest in multimedia storytelling, she regularly takes complex financial and economic subjects beyond the written word, producing explainer videos that make them easier for a wider audience to understand. Nivetha has interviewed senior policymakers, business leaders and global financial figures both on and off camera. Her past guests include UAE Minister of Economy and Tourism Abdulla bin Touq Al Marri, Khaled bin Alwaleed Al Saud, a member of the House of Saud and the founder and CEO of KBW Ventures, Jihad Azour, Director of the Middle East and Central Asia Department at the International Monetary Fund and Indian ministers Hardeep Singh Puri and N. Chandrababu Naidu. She has also hosted and moderated panels, conferences and awards shows, bringing her newsroom experience to live conversations on business, finance and the economy. An Erasmus Mundus journalism alum, Nivetha is drawn to stories that affect people directly and to reporting that gives a platform to voices that might otherwise go unheard. She was among the first journalists to speak to Petrofac employees in the UAE about unpaid salaries, broke the news of the planned demolition of Dubai’s well-known “Toyota Building”, and helped set the record straight on widely circulated claims that a giant replica of the Moon was coming to Dubai. More recently, her exclusive interview with EDGE Group CEO Hamad Al Marar revealed how the UAE-based defence group deployed its systems along the country’s shore border and established a geofence around the UAE within 48 hours of the February 28 escalation. Prior to joining Gulf News, Nivetha worked at ITP Media, where she helped launch Finance Middle East, a new publication covering the region’s financial sector. Her role spanned reporting and editing, video production, interviews and events. Across print, digital, and video, she focuses on finding the people behind business stories and explaining why those stories matter to the audience reading or watching them.

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