Emirates Development Reports 4.7 Billion Dirhams Net Profit in the First Half with 41% Growth

Emaar Development, listed on the Dubai Financial Market, reported a net profit of 4.7 billion AED for the first half of 2025, reflecting a growth of 41% compared to the same period last year. The company achieved real estate sales amounting to 40.6 billion AED, up from 29.7 billion AED in the first half of 2024, marking an increase of 37%. This success is attributed to the robust demand for purchases within its core project portfolio during the first half of 2025, further solidifying the company’s leading position in the market. The pre-tax net profit reached 5.5 billion AED.

Emaar Development recorded revenues of 10 billion AED in the first half of 2025, representing a 35% increase compared to the same timeframe in 2024.

The firm, which specializes in developing properties for sale in the UAE and is majority-owned by Emaar Properties, announced strong financial results for the first half of 2025 (January to June), showcasing its sustainable operational efficiency and market leadership.

Positive sales trends are evident due to the company’s record-breaking sales in the first half of 2025. Revenues from accumulated sales of ongoing projects soared to 117.7 billion AED (approximately 32 billion USD) as of June 30, 2025, reflecting a significant rise of 59% compared to the same period last year, indicating a notable increase in revenues anticipated in the coming years.

Business

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