Five real estate companies listed on the Dubai Financial Market delivered strong financial results during the first six months of 2026, with their combined net profits rising by 30.26% to around AED 18.98 billion, compared with approximately AED 14.57 billion during the same period in 2025.
The results reflect the resilience of Dubai’s real estate market and its continued ability to maintain positive growth, supported by strong demand, the expansion of new projects, and the growing contribution of property activities and income-generating assets.
Real Estate Companies’ Revenues Exceed AED 40 Billion
According to the companies’ disclosed financial results, the combined revenues of Emaar Properties, Emaar Development, TECOM Group, Deyaar Development, and Union Properties rose by 24.32% during the first half of 2026.
Total revenues exceeded AED 40.27 billion, compared with around AED 32.39 billion during the first six months of last year.
The increase was supported by the strong performance of Dubai’s real estate sector, as well as continued momentum across tourism, business, and hospitality, which has helped drive demand for residential and commercial projects and income-generating assets.
Emaar Properties Leads the Results
Emaar Properties ranked first among the five companies after recording revenues of AED 23.91 billion by the end of June 2026, compared with around AED 19.83 billion during the same period in 2025, representing growth of 20.57%.
The company’s net profit also increased to approximately AED 11.15 billion, compared with AED 8.87 billion in the first half of last year, an increase of 25.7%.
Emaar benefited from balanced growth across its property development activities, in addition to strong recurring revenues generated by income-producing assets and positive performance from its international operations.
Progress in project execution, sustained high occupancy levels, and a strong backlog of revenue from projects under development also supported the group’s financial performance and strengthened its ability to continue implementing its long-term strategic plans.
Emaar Properties reported pre-tax profit of AED 12.79 billion during the first half of 2026, compared with AED 10.42 billion during the same period in 2025, reflecting year-on-year growth of 22.74%.
Emaar Development Records Strong Profit Growth
Emaar Development also maintained strong momentum during the first six months of the year, with revenues rising to AED 13.34 billion, compared with AED 9.93 billion during the same period in 2025.
This represented revenue growth of 34.34%.
The company’s net profit climbed by 42.76% to approximately AED 6.71 billion, compared with AED 4.7 billion in the first half of last year.
Pre-tax profit reached approximately AED 7.75 billion, compared with AED 5.51 billion during the same period in 2025, an increase of 40.65%.
The results highlight continued strong momentum across the company’s operations, supported by robust demand for its projects and ongoing progress in project execution and sales.
TECOM Benefits From Higher Demand and Occupancy
TECOM Group also recorded revenue growth in the first half of the year, with revenues rising to more than AED 1.54 billion, compared with around AED 1.39 billion during the first six months of 2025, an increase of 10.79%.
The group’s net profit rose by 9.11% to AED 804.6 million, compared with AED 737.4 million during the same period last year.
Profit growth was supported by sustained demand for the group’s assets, higher occupancy rates, and a continued focus on improving operational efficiency and strengthening the performance of its specialized business districts.
Pre-tax profit increased to AED 832.4 million, compared with AED 759.8 million in the first half of 2025, representing growth of 9.55%.
Deyaar Development Raises Net Profit by 20%
Deyaar Development recorded higher revenues of AED 952.5 million during the first half of 2026, compared with AED 925.4 million during the same period a year earlier, representing growth of 2.92%.
At the same time, the company posted stronger net profit growth of 19.99%, reaching AED 298.3 million, compared with AED 248.6 million during the first six months of 2025.
Pre-tax profit also increased to AED 336.1 million, compared with AED 266.6 million, representing annual growth of 26.06%.
The performance points to continued improvement in the company’s operating efficiency and its ability to increase profitability alongside progress across its real estate projects and business activities.
Union Properties Records Strong Revenue Growth
Union Properties posted a notable increase in revenues during the first half of 2026, with revenues jumping 67.7% to AED 529.3 million, compared with around AED 315.6 million during the same period in 2025.
The company’s net profit also increased to AED 18.4 million, compared with AED 14.6 million during the corresponding period last year, representing growth of 26.03%.
Pre-tax profit reached AED 20.5 million, compared with AED 16.5 million in the first half of 2025, an increase of 24.24%.
Dubai Real Estate Market Maintains Growth Momentum
The financial results of the five companies confirm the continued positive performance of Dubai’s real estate market in 2026, with most listed companies reporting clear growth in both revenues and profits.
The rise in combined net profits to around AED 18.98 billion in just six months also reflects the strong fundamentals supporting Dubai’s property sector, including growing demand, high occupancy levels, and continued activity in the development of new projects.
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