Five real estate companies listed on the Dubai Financial Market reported a notable rise in net profits during the first quarter of 2026, with combined earnings reaching around AED 10.45 billion, compared with AED 7.45 billion in the same period of 2025, an increase of 40.26%.
These results reflect the strong performance of Dubai’s real estate sector and its ability to continue growing despite regional changes, supported by steady property demand, stronger development activity, and growth in sectors linked to tourism and business.
According to the financial disclosures of companies listed on the Dubai Financial Market, the combined revenues of Emaar Properties, Emaar Development, Tecom Group, Deyaar Development, and Union Properties increased by 26.43% during the first three months of this year, reaching more than AED 20.71 billion, compared with around AED 16.38 billion in the same period last year.
Emaar Properties Leads the Results
Emaar Properties topped the list of real estate companies in terms of both revenues and profits. The company recorded revenues of AED 12.39 billion by the end of March 2026, compared with AED 10.09 billion at the end of March 2025, representing growth of 22.79%.
The company’s net profit rose to AED 6.41 billion in the first quarter of this year, compared with AED 4.63 billion in the same period last year, an increase of 38.44%.
Emaar Properties also reported pre-tax profit of AED 7.24 billion, compared with AED 5.43 billion in the first quarter of 2025, marking growth of 33.33%.
This performance was driven by continued revenue strength, along with balanced growth in property development and businesses that generate recurring income.
Emaar Development Maintains Its Momentum
Emaar Development continued its strong performance in the first quarter of 2026, as revenues rose to AED 6.85 billion, compared with AED 5.02 billion in the same period last year, a growth rate of 36.45%.
The company’s net profit also increased by 48.93% to AED 3.5 billion, compared with AED 2.35 billion in the first quarter of 2025.
Pre-tax profit reached AED 4.04 billion, compared with AED 2.76 billion in the same period last year, an increase of 46.37%.
These results confirm the continued demand for the company’s projects, as Dubai’s real estate market maintains its appeal to investors and buyers.
Tecom Records Growth in Revenues and Profits
Tecom Group, which owns and operates specialized business districts across key sectors, achieved revenue growth of 11.04% in the first quarter of this year, reaching more than AED 754 million, compared with AED 679 million in the same period of 2025.
The group’s net profit increased to AED 403 million, compared with AED 360 million, representing growth of 11.9%.
Pre-tax profit also rose to AED 415 million, with a growth rate of 11.85%.
This performance was supported by higher demand for the group’s assets, improved occupancy rates, and a continued focus on enhancing operational efficiency.
Deyaar Development Delivers Positive Performance
Deyaar Development recorded a 3.23% increase in revenues during the first three months of 2026, reaching AED 447 million, compared with AED 433 million in the first quarter of 2025.
The company’s net profit rose to AED 130 million, compared with AED 111 million in the same period last year, reflecting growth of 17.11%.
Pre-tax profit reached AED 147 million, compared with AED 119 million, an annual increase of 23.52%.
The company’s performance shows its ability to improve profitability and benefit from stable demand in the market.
Union Properties Posts a Sharp Rise in Profits
Union Properties saw its revenues increase by 66.25% during the first quarter of 2026, reaching AED 271 million, compared with AED 163 million in the same period last year.
The company also recorded strong growth in net profit, which rose by 103% to AED 11.8 million, compared with AED 5.8 million in the first quarter of 2025.
This improvement reflects the development of the company’s financial and operational performance during the recent period.
Results Confirm the Strength of Dubai Real Estate
The financial results of the five companies show that Dubai’s real estate market continues to deliver solid performance, supported by steady demand for residential and commercial units, growth in property development activity, and a higher contribution from income-generating assets.
The figures also confirm that real estate companies listed on the Dubai Financial Market succeeded in achieving clear growth in both revenues and profits during the first quarter of 2026, strengthening confidence in the sector’s ability to maintain its positive performance in the coming period.
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