Dubai United Arab Emirates
Emaar’s net profit for post-tax development increased by 24% during the first nine months of 2026, to reach about $2.94 billion (AED 10.8 billion), while its revenues increased by 26% to about $6.04 billion (AED 22.2 billion), supported by progress in project implementation and revenue from previous sales of projects under completion.
The company, listed on the Dubai Financial Market (DFM) and in which Emaar Properties owns a majority stake, reported a 28 per cent increase in its profits before interest, taxation, depreciation and depreciation to about $3.10 billion (AED 11.4 billion), while the net profit margin was about 49 per cent.
Earnings before interest, tax, depreciation and depreciation rose 28 percent to about $3.10 billion (11.4 billion dirhams), with a margin of 52 percent, according to the company. Net profit after taxes was about $2.94 billion (AED 10.8 billion), a growth of 24% year-on-year, and a net profit margin of 49%.
Real estate sales of $7.13 billion
Emaar Development recorded real estate sales of about $7.13 billion (AED 26.2 billion) during the period from January to September 2026.
The balance of real estate sales of the projects in progress, which will be calculated in the coming periods, amounted to about $ 32.62 billion (AED 119.8 billion) at the end of September.
The company said it took market conditions into account the timing of the launch of new projects, with its investment decisions focused on meeting delivery commitments and future development opportunities. The collection of payments from clients supported cash flows and the balance sheet.
Delivery of more than 4,800 residential units
Emaar Development delivered more than 4,800 housing units during the first nine months of the year, noting that the construction work in all its ongoing projects has been submitted according to the schedules set or before. According to the company, the work of more than 85% of the ongoing projects was ahead of its timetables by the end of September 2026.
Mohammed Alabbar, founder of Emaar, said: “Over the past nine months, our results reflect the progress we are making in transforming our plans into complete complexes.
He added that the company focuses on the quality of the units and the surrounding areas and how the complexes develop over time, as well as investment in infrastructure.
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