Emaar Properties Reports 34% Surge in Net Profit for H1 2025 Amid Soaring Sales and Investor Confidence
Dubai’s real estate market continues to outperform expectations, with Emaar Properties, the emirate’s largest listed developer, reporting a staggering 34% year-on-year increase in net profit for the first half of 2025. The company’s net earnings rose to AED 10.4 billion (USD 2.8 billion), reflecting robust investor demand, expanding project sales, and consistent performance across its development, retail, and hospitality segments.
According to the company’s financial statement filed with the Dubai Financial Market (DFM), revenue for the six-month period rose 38% year-on-year to AED 19.8 billion. This performance was attributed to “robust activity across development, retail, hospitality, and international operations,” reinforcing Emaar’s leadership position in Dubai’s dynamic property sector.
Record-Breaking Sales and Revenue Backlog
Emaar reported a 46% increase in property sales, reaching a record AED 46 billion during H1 2025, a clear indication of sustained investor confidence and growing demand across both local and international markets.
Furthermore, the group’s revenue backlog from sales surged to AED 146.3 billion as of June 30, representing a 62% annual increase. This backlog reflects secured future earnings from already sold but not yet recognized properties, providing strong revenue visibility in upcoming quarters.
Earnings before interest, taxes, depreciation, and amortization (EBITDA) rose by 30% to AED 10.4 billion—demonstrating healthy operating profitability across all business segments.
“Numbers alone don’t tell the full story,” said Mohamed Alabbar, Founder of Emaar. “Behind every sale, every project, every community, there’s intent. The first half of 2025 reflects a mindset of constant improvement, innovation, and purpose.”
Dubai’s Real Estate Momentum Accelerates
Emaar’s impressive performance mirrors the broader market momentum in Dubai’s real estate sector. According to the Dubai Land Department (DLD), the total number of property transactions reached 125,538 during the first six months of 2025—a 26% increase from the same period in 2024. The transaction value jumped 25% year-on-year to approximately AED 431 billion.
More than 59,000 new investors entered the market in H1, highlighting strong capital inflows. Dubai’s strategic initiatives—including long-term visas, digital infrastructure, and tax-free benefits—continue to attract local and foreign investment into premium real estate.
Emaar Development and Retail Division Performance
Emaar Development, the company’s build-to-sell subsidiary, recorded AED 40.6 billion in property sales during H1, up 37% year-on-year. Revenue surged to AED 10 billion (up 35%), while net profit reached AED 5.5 billion—a 50% jump from the previous year. The company also launched 25 new projects across the UAE during this period.
In the retail and leasing segment, Emaar’s shopping malls and commercial leasing portfolio delivered AED 3.2 billion in revenue during the first half, up 14% annually. Tenant sales growth and an average mall occupancy rate of 98% contributed significantly to this performance. Prime assets like Dubai Mall remain cornerstone assets in Emaar’s diversified portfolio.
Hospitality and International Operations Gain Traction
Emaar’s hospitality, leisure, and entertainment businesses also registered solid results, with revenue reaching AED 2.1 billion—supported by robust tourism and strong domestic demand. The company’s UAE hotels achieved an average occupancy rate of 80%, and two new hotels with over 600 rooms were launched during the reporting period.
International operations saw a 200% increase in property sales to AED 5.3 billion, primarily driven by the developer’s footprint in Egypt and India. Revenue from these markets stood at AED 1 billion, a 26% rise from 2024, and accounted for approximately 5% of total group revenue.
Strategic Outlook: Innovation, Value, and Long-Term Growth
Government incentives such as residency permits for retirees, remote workers, and the expansion of the 10-year Golden Visa program continue to boost Dubai’s real estate demand. These policies have been pivotal in reviving foreign interest and supporting the city’s post-pandemic recovery.
Additionally, Emaar’s focus on premium projects in communities like Emaar South, The Valley, and Downtown Dubai ensures a diversified offering across value segments, appealing to both local residents and international investors.
With an evolving portfolio, high-margin developments, and investor-friendly policies, Emaar Properties remains a cornerstone of Dubai’s real estate success story. As 2025 progresses, the company is well-positioned to maintain its growth trajectory and continue delivering exceptional value to stakeholders.
For more insights on Emaar’s developments and Dubai’s property market trends, visit Aurantius Real Estate.
