In 2025, Maden Holding achieved remarkable financial performance, recording revenues of 13.8 billion AED and net profits amounting to 3.9 billion AED. This year marks the first complete year of consolidated financial results for the group since its establishment in February 2024. Additionally, during the year, Al-Imad Holding acquired an 84.75% equity stake in Maden Holding, a strategic move that strengthened the group’s institutional base and accelerated the execution of its strategy, enhancing its ability to meet targets more efficiently.
The real estate sector served as the primary driver of the group’s growth in 2025, achieving record sales of 36.3 billion AED, which reflects the robustness of the business model and the effectiveness of the investment approach adopted by the group.
The group’s revenues surpassed 13.8 billion AED, demonstrating year-on-year growth of 2.1 times. This increase was fueled by ongoing expansion in the development project portfolio, improved performance across recurring revenue channels, and positive contributions from strategic acquisitions.
Adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) reached 4.9 billion AED, marking a year-on-year growth of 2.5 times, with profit margins improving by 521 basis points to 35.2%. Furthermore, the group’s net profits continued to grow at a pace exceeding revenue, climbing to 3.9 billion AED, an increase of 19.9 times year-on-year after excluding one-time gains from the previous year. This underscores the strength of operational performance and sustainable results across various core business sectors, culminating in a year-end net cash surplus of 1.8 billion AED.
Jassim Mohammed Bouatabah Al Zaabi, Chairman of Maden Holding Group, stated, “Building on our sustained growth over the past years, 2025 marked a new phase of accelerated strategic transformation for the group. This was supported by activating an integrated business system that harmonizes and integrates the development, investment, and asset management sectors, enhancing institutional readiness to seize quality opportunities in local and international markets, while expanding the group’s global presence in line with our strategic priorities and ambitious vision.”
A Pivotal Year
Abdullah Al Sahi, Managing Director of Maden Holding Group, commented that the group’s performance in 2025 reflects significant progress in implementing its long-term strategy, as it formed a pivotal year in its growth path while expanding its operational scope and diversifying its investment portfolio.
Leveraging a comprehensive business model based on diversification and integration among the real estate, hospitality, asset management, investments, events, catering, and tourism sectors, Maden continued to develop integrated urban destinations and communities that translate developmental visions into sustainable economic value.
Recurring Revenue
Bill O’Regan, CEO of Maden Holding Group, remarked, “The year 2025 was filled with achievements, as revenues exceeded 13.8 billion AED with net profits reaching 3.9 billion AED, driven by record real estate sales of 36.3 billion AED, alongside a focus on recurring revenues and cumulative revenue growth reaching 46 billion AED. Ongoing efforts in executing flagship projects, continuous advancements in international markets, and integrating strategic acquisitions have bolstered profits and their resilience. As we enter 2026, Maden is well-positioned to build on this momentum through disciplined execution, value enhancement, and long-term growth.”