Property sales for Emaar’s international real estate operations rose more than three times to Dh8.1 billion. Chris Whiteoak / The National
Property sales for Emaar’s international real estate operations rose more than three times to Dh8.1 billion. Chris Whiteoak / The National
Property sales for Emaar’s international real estate operations rose more than three times to Dh8.1 billion. Chris Whiteoak / The National
Property sales for Emaar’s international real estate operations rose more than three times to Dh8.1 billion. Chris Whiteoak / The National

Emaar reports 37 per cent jump in third-quarter profit amid UAE's property boom


Fareed Rahman
  • English
  • Arabic

Emaar Properties, Dubai’s biggest listed developer, has reported a 37 per cent surge in its annual third-quarter net profit as the UAE‘s continuing property boom drove revenue higher.

Net profit attributable to owners of the company for three months to the end of September climbed to Dh4.3 billion ($1.19) billion, the company said in a statement on Thursday to Dubai Financial Market, where its shares are traded.

Revenue for the quarter jumped 41.4 per cent on a yearly basis to Dh13.2 billion.

For the first nine months of this year, Emaar’s profit rose 34 per cent to Dh11.4 billion as revenue grew 39 per cent to Dh33.1 billion. Property sales for the nine-month period climbed 22 per cent to Dh61 billion.

Up to September 30, Emaar’s revenue backlog from property sales stood at Dh150.3 billion, a 49 per cent year-on-year surge.

“Emaar’s performance reflects steady demand for its developments, robust revenue backlog, strong recurring revenue operations and disciplined financial management, underscoring the resilience of its business model,” Emaar said.

UAE’s property market has been undergoing a boom in recent years, benefiting from government initiatives such as residency permits for retired and remote workers, expansion of the 10-year golden visa programme and growth in the economy.

Dubai, as well as other emirates in the Arab world's second-largest economy, has attracted an influx of millionaires from around the world, in turn driving demand for luxury properties.

In the first half of 2025, the volume and value of all real estate transactions in Dubai rose sharply, as more than 59,000 investors joined the market, the Dubai Media Office said in July, citing Dubai Land Department (DLD) data.

The number of transactions reached 125,538, up nearly 26 per cent on an annual basis, while the value of these transactions rose about 25 per cent to about Dh431 billion, DLD data showed.

Emaar Development, a majority-owned subsidiary specialising in the build-to-sell property development business, also reported a sharp rise in profit, with nine-month property sales growth of10 per cent to Dh52.9 billion. The company's revenue for the period rose 41 per cent to Dh17.6 billion.

Property sales for Emaar’s international real estate operations rose more than three times to Dh8.1 billion, primarily driven by Egypt and India markets, Emaar said.

Emaar’s shopping malls, retail and commercial leasing operations recorded revenue of Dh4.7 billion in the first nine months of this year, up 12 per cent annually, with mall portfolio reporting an average occupancy rate of more than 98 per cent, the company said.

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Director: Elie Samaan

Starring: Abdullah Boushehri, Laila Abdallah, Lulwa Almulla

Rating: 3/5

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Always use only regulated platforms

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Courtesy: Crystal Intelligence

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Key figures in the life of the fort

Sheikh Dhiyab bin Isa (ruled 1761-1793) Built Qasr Al Hosn as a watchtower to guard over the only freshwater well on Abu Dhabi island.

Sheikh Shakhbut bin Dhiyab (ruled 1793-1816) Expanded the tower into a small fort and transferred his ruling place of residence from Liwa Oasis to the fort on the island.

Sheikh Tahnoon bin Shakhbut (ruled 1818-1833) Expanded Qasr Al Hosn further as Abu Dhabi grew from a small village of palm huts to a town of more than 5,000 inhabitants.

Sheikh Khalifa bin Shakhbut (ruled 1833-1845) Repaired and fortified the fort.

Sheikh Saeed bin Tahnoon (ruled 1845-1855) Turned Qasr Al Hosn into a strong two-storied structure.

Sheikh Zayed bin Khalifa (ruled 1855-1909) Expanded Qasr Al Hosn further to reflect the emirate's increasing prominence.

Sheikh Shakhbut bin Sultan (ruled 1928-1966) Renovated and enlarged Qasr Al Hosn, adding a decorative arch and two new villas.

Sheikh Zayed bin Sultan (ruled 1966-2004) Moved the royal residence to Al Manhal palace and kept his diwan at Qasr Al Hosn.

Sources: Jayanti Maitra, www.adach.ae

Company Profile

Name: Thndr
Started: 2019
Co-founders: Ahmad Hammouda and Seif Amr
Sector: FinTech
Headquarters: Egypt
UAE base: Hub71, Abu Dhabi
Current number of staff: More than 150
Funds raised: $22 million

The Sand Castle

Director: Matty Brown

Stars: Nadine Labaki, Ziad Bakri, Zain Al Rafeea, Riman Al Rafeea

Rating: 2.5/5

FIGHT%20CARD
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Specs

Engine: Duel electric motors
Power: 659hp
Torque: 1075Nm
On sale: Available for pre-order now
Price: On request

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Updated: November 06, 2025, 5:44 PM