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Emaar Development reported a 24% increase in net profit after tax to AED10.8 billion during the first nine months of 2026, supported by construction progress and the handover of more than 4,800 residential units.
Revenue rose 26% to AED22.2 billion, while property sales reached AED26.2 billion. The company’s revenue backlog stood at AED119.8 billion as of September 30, providing visibility into future earnings.
More than 85% of active projects were ahead of schedule, with Emaar awarding 23 main construction contracts worth AED13.5 billion and infrastructure contracts valued at AED4.3 billion.
The developer’s land bank spans approximately 285 million square feet of mixed-use development opportunities, supporting its long-term expansion strategy.
Emaar founder Mohamed Alabbar said the results reflected continued progress in transforming development plans into completed communities, while maintaining investment in infrastructure, residential quality, and sustainable urban development
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