Tag: property sales 2026

  • Emaar Confirms Normal Operations as Sales Double in Early 2026

    Emaar Confirms Normal Operations as Sales Double in Early 2026

    Dubai’s largest property developer assured investors and residents that comprehensive business continuity planning and coordination with relevant authorities ensure uninterrupted operations across all its assets.

    The statement, posted on the Dubai Financial Market where Emaar is listed, comes as the company reported exceptional momentum entering 2026 following record-breaking 2025 results.

    “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 company stated.

    Record 2025 Performance Sets Foundation

    Emaar achieved its highest-ever property sales of AED80.4 billion ($21.9 billion) in 2025, alongside record revenue of AED49.6 billion and net profit before tax of AED25.7 billion. The company’s revenue backlog reached AED155 billion as of December 31, 2025, providing strong visibility over future earnings and cash flows.

    Recurring income streams across malls, hospitality, leisure, entertainment and commercial leasing accounted for 32% of total EBITDA, reflecting the strength of Emaar’s diversified and resilient operating model.

    “Emaar’s performance reflects the strength of Dubai’s economic vision and the confidence investors place in its stability and long-term prospects,” said Mohamed Alabbar, Founder of Emaar. “The city continues to demonstrate resilience, supported by effective leadership, sound regulation and a dynamic business environment.”

    Strong 2026 Start Signals Sustained Demand

    The developer’s UAE property sales reached AED17.2 billion in the first two months of 2026, compared to AED7.9 billion during the same period in 2025, representing a 118% year-on-year increase. This performance aligns with broader market trends showing sustained transaction volumes across Dubai’s property sector.

    Supported by strong cash generation and consistent performance, Emaar’s Board of Directors recommended maintaining dividends at 100% of share capital for 2025, reinforcing the company’s commitment to delivering sustainable value to shareholders.

    Strategic Position for Long-Term Growth

    Emaar’s strong balance sheet includes a substantial land bank of approximately 618 million square feet, positioning the company to navigate evolving regional developments while maintaining disciplined expansion. The developer emphasized that Dubai’s clear regulatory environment, diversified economy and proactive governance continue to reinforce investor confidence.

    The company’s performance comes as Dubai’s real estate market transitions toward more structured capital allocation, with major developers expanding their portfolios to meet growing demand driven by population growth exceeding four million residents.

    Emaar’s operational continuity and financial strength underscore the resilience of Dubai’s real estate sector, which recorded nearly Dh900 billion in transactions during 2025, reinforcing the emirate’s position as a leading global property investment destination.