Emaar Properties has continued to build on its impressive momentum in the second quarter of 2025, delivering strong financial results that reflect solid performance across its core business units. The real estate powerhouse recorded AED 46 billion in property sales during the first half of the year—marking a substantial 46% growth compared to the same period in 2024.
Total revenue for the period reached AED 19.8 billion, a 38% year-on-year increase. This surge was driven by strong activity across real estate development, retail, hospitality, and international operations.
The company also reported AED 10.4 billion in earnings before interest, taxes, depreciation, and amortization (EBITDA), up 30% from last year. Pre-tax net profits matched that figure at AED 10.4 billion, representing a 34% increase, and delivering a healthy profit margin of over 52%.
Behind these numbers lies a clear strategic vision. “The figures alone don’t tell the full story,” said Mohamed Alabbar, Founder of Emaar. “Behind every sale, every project, every community, is a deep intention and a team constantly asking how we can raise the bar. What we achieved in the first half of 2025 is the result of that mindset. Our ambition is not just to reach goals—but to leave a lasting impact and inspire continuous growth.”
Development Projects Drive Record Backlog
The value of Emaar’s cumulative property sales from ongoing projects reached AED 146.3 billion by the end of June 2025—up 62% from the first half of the previous year. This backlog positions the company well for sustainable growth in the years ahead.
Retail and Leasing Performance Remains Resilient
Emaar’s retail and commercial leasing operations also delivered solid results. The segment generated AED 3.2 billion in revenue during the first half of 2025, a 14% increase from last year. EBITDA for this portfolio reached AED 2.8 billion, up 18% year-on-year. As of June 30, Emaar’s shopping malls maintained a high average occupancy rate of 98%, underscoring the strength of its prime assets.
International Sales Triple
Emaar’s international business continued to gain traction, with property sales reaching AED 5.3 billion during H1 2025—a 200% jump compared to the same period in 2024. Revenue from international markets also grew by 26%, reaching AED 1 billion.
Hospitality and Leisure Sees Steady Growth
The company’s hospitality, leisure, and entertainment division reported AED 2.1 billion in revenue. Hotels under the Emaar portfolio in the UAE maintained a healthy occupancy rate of 80%, up from 78% in the first half of 2024.
Diversified Income Streams Fuel Long-Term Growth
Emaar’s recurring revenue-generating businesses—including malls, hospitality, entertainment, and commercial leasing—continued to provide a stable source of income. These segments together contributed AED 5.3 billion in revenue, reflecting a 15% increase. EBITDA reached AED 4.1 billion, up 16% compared to the same period last year.
Emaar Development Reports Strong H1 2025 Results
Emaar Development, the majority-owned development subsidiary of Emaar Properties, also delivered a strong financial performance for the first half of the year.
The company recorded AED 40.6 billion in property sales—up 37% from AED 29.7 billion during H1 2024—fueled by the successful launch of 25 new projects across key master developments in the UAE. The value of its project backlog from ongoing developments stood at AED 117.7 billion as of June 30, 2025—an increase of 59% year-on-year.
Revenue for the first half reached AED 10 billion, up 35% compared to the same period in 2024. Pre-tax net profit came in at AED 5.5 billion, representing a strong 50% increase.
Commenting on the performance, Alabbar stated, “These results are a testament to the company’s agility and resilience in a highly competitive market. Beyond financials, we remain deeply committed to enhancing lifestyles and building communities where people can grow and thrive. Innovation and customer focus remain the foundation of everything we do.”
With record-breaking sales, diversified income streams, and a rapidly growing backlog, Emaar has positioned itself for continued success in the second half of the year and beyond—driven by a clear purpose and a strong commitment to excellence.
