Emaar Properties has ended 2025 on a high note, reporting record property sales of AED 80.4 billion—the strongest annual performance in its history. The figure represents a 16% increase compared to 2024, underscoring continued buyer confidence and sustained demand for Emaar’s projects across Dubai and the wider UAE.

The company also achieved its highest-ever annual revenue, reaching AED 49.6 billion, up 40% year-on-year. The results reflect not only strong sales activity but also the broader momentum seen across Dubai’s real estate market throughout the year.

Record Profits Reflect Strong Execution

Profitability kept pace with revenue growth. Emaar reported EBITDA of AED 25.6 billion, marking a 33% increase compared to the previous year. The improvement was driven by operational efficiencies and solid margins across its various business segments.

Net profit before tax climbed to AED 25.7 billion, up 36% year-on-year—clear evidence that the company’s growth has been both substantial and well-managed.

Reaffirming its commitment to shareholders, Emaar’s Board of Directors recommended maintaining dividends at 100% of share capital for 2025, in line with the policy announced in December 2024.

Adding further strength to its outlook, the company’s revenue backlog from projects under development rose to AED 155 billion as of 31 December 2025, a 39% increase compared to the previous year. This healthy backlog offers strong visibility into future earnings and continued business momentum.

Backed by a Supportive Environment

Commenting on the results, Founder Mohamed Alabbar highlighted the role of the UAE’s stable and forward-looking business environment. He noted that regulatory clarity, long-term vision, and openness to global investment have created the right conditions for companies like Emaar to grow confidently, innovate, and deliver sustainable value to customers and partners.

Diversified Businesses Strengthen Performance

Emaar’s diversified portfolio continued to provide steady support to overall performance.

The shopping malls, retail, and commercial leasing portfolio generated AED 6.3 billion in revenue in 2025, up 13% from 2024. EBITDA for the segment reached AED 5.5 billion, a 17% increase, while average occupancy across malls remained exceptionally strong at 98%—a testament to the resilience of its retail destinations.

Meanwhile, the hospitality, leisure, and entertainment division recorded revenues of AED 4.2 billion, up 12% year-on-year. Emaar’s UAE hotels maintained an average occupancy rate of 82%, supported by the addition of three new hotels with more than 750 rooms, further expanding its footprint.

Recurring revenue streams—including malls, hospitality, entertainment, and commercial leasing—generated AED 10.5 billion in revenue, reflecting a 13% increase. EBITDA from these segments reached AED 8.1 billion, contributing about 32% of the company’s total EBITDA and reinforcing the stability of its income mix.

Strong Growth at Emaar Development

Emaar Development, in which Emaar Properties holds a majority stake, also delivered a solid performance in 2025. Property sales reached AED 71.1 billion, up 9% compared to the previous year.

Revenues surged to AED 27.5 billion, marking a 44% year-on-year increase, while net profit before tax rose to AED 15.5 billion—an impressive 52% jump.

The board proposed distributing dividends equal to 100% of share capital, totaling AED 4 billion—the highest dividend in the company’s history—subject to shareholder approval at the upcoming annual general meeting.

Revenue backlog from projects under development reached AED 125.2 billion as of year-end 2025, up 38% compared to 2024, strengthening the company’s future growth prospects.

A Year That Sets the Tone for the Future

Overall, 2025 stands out as a defining year for Emaar. The combination of record-breaking sales, rising revenues, and strong profitability highlights both the company’s execution capabilities and the continued appeal of Dubai’s property market.

With a balanced portfolio, a solid development pipeline, and steady investor interest, Emaar appears well-positioned to build on this momentum and continue shaping the skyline—and the market—in the years ahead.