Emaar Properties issued a statement to the Dubai Financial Market on Wednesday confirming business continuity across its entire portfolio as the master developer recorded exceptional sales growth in early 2026.
“All Emaar communities, malls, hospitality assets, and development projects continue to operate normally, supported by comprehensive business continuity planning and close coordination with relevant authorities,” the company stated.
The announcement comes as regional military conflict involving the US, Israel, and Iran has affected the Gulf since Saturday, with Iran targeting the region with missiles and drones.
Mohamed Alabbar, founder of Emaar, emphasized Dubai’s stability:
“The city continues to demonstrate resilience, supported by effective leadership, sound regulation, and a dynamic business environment. Our focus remains on disciplined execution, operational excellence, and delivering sustainable value for our shareholders and customers.”
Emaar owns and operates landmark assets including Dubai Mall, Burj Khalifa, Dubai Hills Estate, and Dubai Creek Harbour.
Record Sales Momentum Continues
The UAE’s largest developer reported Dh17.2 billion in property sales during January and February 2026, compared to Dh7.9 billion in the same period of 2025—representing a 118% year-on-year increase.
This performance follows Emaar’s record-breaking 2025 results, which included property sales of Dh80.4 billion, revenue of Dh49.6 billion, and net profit before tax of Dh25.7 billion—the strongest results in company history.
The company’s revenue backlog stood at Dh155 billion as of December 31, 2025. Recurring income streams from malls, hospitality, leisure, entertainment, and commercial leasing accounted for 32% of total EBITDA.
“Emaar’s performance reflects the strength of Dubai’s economic vision and the confidence investors place in its stability and long-term prospects,” Alabbar added.
Market Context
Emaar’s performance aligns with broader momentum across Dubai’s property sector, which recorded Dh60.60 billion in transactions during February 2026—an 18.14% increase year-on-year.
The developer reaffirmed its commitment to disciplined growth: “With diversified income streams, strong liquidity, and disciplined cost management, Emaar remains well-positioned to sustain growth and contribute to the continued strength and resilience of Dubai’s capital markets.”
The statement underscores investor confidence in Dubai’s regulatory framework and economic stability, even as geopolitical developments affect the wider region.