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Dubai United Arab Emirates
Emaar Properties reported an 18 per cent increase in net profit before tax to Dh19.8 billion for the first nine months of 2026, supported by strong property sales, construction progress and growth across its recurring income businesses.
The Dubai-based developer recorded revenue of Dh37.5 billion for the nine months ended September 30, up 13 per cent from Dh33.1 billion during the corresponding period last year.
Earnings before interest, taxes, depreciation and amortisation (Ebitda) rose 19 per cent year-on-year to Dh19.7 billion, with an Ebitdamargin of 53 per cent
Emaar’s property sales reached Dh34.7 billion during the first nine months, while its revenue backlog from property sales increased 6 per cent year-on-year to Dh158.8 billion as of September 30, providing visibility for revenue recognition in the coming years.
The company launched 14 projects across its master-planned communities during the period and handed over more than 4,800 residential units in the UAE. More than 80 per cent of its active UAE projects were ahead of schedule as of the end of September.
Mohamed Alabbar, founder of Emaar, said the results reflected progress across the company’s construction sites, residential handovers and management of its destinations.
He said the company remained focused on delivering quality homes and ensuring that its communities continued to perform over time.
UAE drives growtH
Emaar’s UAE property development business continued to be a major contributor to its performance, with property sales reaching Dh26.2 billion during the first nine months of 2026.
Emaar Development reported revenue of Dh22.2 billion, up 26 per cent year-on-year, while net profit before tax increased 28 per cent to Dh12.5 billion.
Including other UAE-based development operations, consolidated revenue from property development in the country reached Dh28.3 billion, an 18 per cent increase.
For more Information contact: www.dxrprop.ae
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