Emaar Development profit rises 43% amid broader Emaar growth
Emaar Properties recorded first-half property sales of Dhs26.6bn, including Dhs4.2bn from its international development business
10 August, 2026
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Emaar Development reported a 43 per cent increase in first-half net profit after tax to Dhs6.7bn, while parent company Emaar Properties posted higher group revenue and profit, supported by its property development operations and stable recurring income.
Emaar Development’s revenue rose 34 per cent from a year earlier to Dhs13.3bn in the six months ended June 30, while earnings before interest, tax, depreciation and amortisation increased 42 per cent to Dhs7.1bn.
The majority-owned subsidiary of Emaar Properties reported a net profit margin of 50 per cent.
Emaar Development recorded property sales of Dhs22.4bn during the period. The company did not provide a year-on-year sales comparison but said sales volumes reflected a measured pace amid changing geopolitical conditions.
Its revenue backlog reached Dhs127.7bn as of June 30, up 8 per cent compared with the first half of 2025.
The backlog represents property sales that will be recognised as revenue as construction progresses and units are delivered.
Emaar Development’s net profit before tax rose 41 per cent to Dhs7.8bn, according to financial information published separately by Emaar Properties.
Ongoing projects progress on track: Emaar
Construction across the company’s ongoing projects progressed in line with schedules during the first half, Emaar Development said.
“Dubai continues to demonstrate what can be achieved through ambition, consistency, and long-term vision. We are proud to contribute to that journey by creating communities that respond to changing lifestyles and support the city’s continued growth. Guided by the vision of our leadership, we remain focused on building for tomorrow while delivering value today,” Emaar founder Mohamed Alabbar said.
Emaar carried out 11 targeted residential project launches during the first half across Emaar South, Dubai Hills Estate, The Heights Country Club, The Oasis, Rashid Yachts & Marina and Expo Living.
The group also announced a Dhs200bn masterplan, expanding its long-term development pipeline. The results statement did not provide further details about the project.
Including other UAE development operations such as Dubai Creek Harbour, Emaar’s consolidated UAE property development revenue rose 30 per cent to Dhs17.7bn.
The UAE development business had a revenue backlog of Dhs135.7bn at the end of June, up 6 per cent from a year earlier.
Emaar Properties H1 sales
At the parent-company level, Emaar Properties recorded first-half property sales of Dhs26.6bn, including Dhs4.2bn from its international development business.
Emaar Properties’ total revenue rose 21 per cent to Dhs23.9bn, while EBITDA increased 24 per cent to Dhs12.9bn.
Net profit before tax rose 23 per cent to Dhs12.8bn. Net profit after tax increased 26 per cent to Dhs11.15bn, while profit attributable to the company’s owners rose 22 per cent to Dhs8.67bn.
The group’s revenue backlog from property sales reached Dhs164.9bn as of June 30, up 13 per cent year on year.
Emaar’s international development operations generated revenue of Dhs1.1bn, an increase of 8 per cent from a year earlier. The division, which includes operations in markets such as Egypt and India, accounted for about 4.6 per cent of group revenue.
Revenue from shopping malls, retail and commercial leasing rose 9 per cent to Dhs3.5bn, while EBITDA from the business increased 10 per cent to Dhs3.1bn. Average occupancy across the portfolio stood at about 98 per cent.
Hospitality, leisure and entertainment revenue totalled Dhs1.6bn, with Emaar’s UAE hotels recording average occupancy of 60 per cent during the period.
Malls, hospitality and leisure
Recurring revenue from malls, hospitality, leisure, entertainment and commercial leasing remained broadly unchanged at Dhs5.1bn. EBITDA from the recurring-revenue portfolio was also stable at Dhs4bn and represented about 31 per cent of group EBITDA.
Emaar had approximately 590m square feet of mixed-use development land, including about 316m square feet in the UAE, according to the parent company’s results statement.
The group contributed Dhs200m to national community initiatives during the first half, divided equally between two endowment funds supporting orphans and vulnerable groups across the UAE.




















