Emaar Properties H1 2025 Results: Record AED 46 Billion Property Sales Drive 38% Revenue Growth in Dubai Real Estate Market

Emaar Reports Record H1 2025 Performance with 46% Jump in Property Sales

Dubai, August 6, 2025 – Emaar Properties PJSC delivered a standout performance in the first half of 2025, achieving record-breaking figures across property sales, profitability, and future revenue visibility.

H1 2025 Highlights at a Glance

Performance Drivers and Executive Insight

• Property sector dominance: A 46% surge in property sales to AED 46 billion smashed previous records and provided the engine for broader financial gains. This performance aligns with the broader Dubai realty revival witnessed across the market.
• Robust profitability: Revenue climbed 38% to AED 19.8 billion, while EBITDA and net profit before tax surged 30% and 34% respectively, both landing at AED 10.4 billion—reinforcing Emaar's strong operational efficiency and pricing power in the current positive Dubai real estate recovery.
• Future growth visibility: The revenue backlog soared 62% to AED 146.3 billion, signaling a healthy pipeline of future work and reflecting the optimal time to invest in Dubai's realty.
• Domestic development strength: Emaar Development's segment saw AED 40.6 billion in sales (up 37%), AED 10 billion in revenue (up 35%), and an impressive AED 5.5 billion net profit before tax (up 50%). Its backlog also jumped 50% to AED 128.6 billion, contributing to Dubai's overall positive realty outlook.
• Leisure and retail resilience: Mall revenue and EBITDA grew 14% and 18%, with occupancy holding at a strong 98%, demonstrating the strength of Dubai's retail development projects.
• International expansion: Property sales outside the UAE surged 200% to AED 5.3 billion, with revenue up 26% to AED 1 billion, driven by markets like India and Egypt. This growth reflects the continued appeal to Indian investors in Dubai's realty.
• Hospitality edge: Revenue from hospitality, leisure, and entertainment ticked up to AED 2.1 billion, with hotel occupancy rising to 80%. Two new hotels were added, bringing more than 600 keys into the network, supporting Dubai's position as a top global destination for the super-rich.
• Diverse, stable income: The recurring revenue-generating portfolio (retail, hospitality, leasing) achieved AED 5.3 billion in revenue (+15%) and AED 4.1 billion in EBITDA (+16%), contributing 40% of total EBITDA—a testament to Emaar's balanced and sustainable income streams in line with expert confidence in Dubai's realty market.

Conclusion

Emaar's H1 2025 performance reflects a company firing on all fronts—from skyrocketing property sales and profit margins to improving revenue visibility and international reach. With strong fundamentals across development, retail, hospitality, and recurring income, the company is well-positioned for continued momentum in the second half of 2025. For investors looking to capitalize on this growth, now represents an excellent opportunity to invest in Dubai's thriving realty market.