Emaar Properties has reported a significant 18% increase in net profit before tax, reaching Dh19.8 billion for the first nine months of 2026. This growth is attributed to robust property sales, ongoing construction projects, and an expansion in its recurring income streams, underscoring the company’s strong position in the UAE real estate market.
Strong Financial Performance
The Dubai-based developer recorded a revenue of Dh37.5 billion for the period ending September 30, marking a 13% rise from Dh33.1 billion in the same timeframe last year. Earnings before interest, taxes, depreciation, and amortisation (Ebitda) also saw a notable increase of 19% year-on-year, reaching Dh19.7 billion, with a healthy Ebitda margin of 53%.
Emaar’s property sales totaled Dh34.7 billion, while the revenue backlog from property sales grew by 6% year-on-year to Dh158.8 billion as of September 30, providing a strong outlook for future revenue recognition. The company successfully launched 14 new projects within its master-planned communities and delivered over 4,800 residential units in the UAE, with more than 80% of active projects ahead of schedule.
Key facts
- Net profit before tax: Dh19.8 billion (up 18% year-on-year)
- Total revenue: Dh37.5 billion (up 13% year-on-year)
- Ebitda: Dh19.7 billion (up 19% year-on-year)
- Property sales: Dh34.7 billion
- Revenue backlog: Dh158.8 billion
- Residential units delivered: over 4,800
Implications for UAE Residents and Businesses
Emaar’s strong financial results reflect the ongoing recovery and growth of the UAE real estate sector, which is vital for residents and investors alike. The increase in property sales and the successful delivery of residential units indicate a healthy demand for housing, which is essential for maintaining property values and supporting the local economy.
For potential homebuyers and investors, Emaar’s extensive development pipeline and backlog suggest a steady flow of new residential options in the coming years. The company’s focus on quality and timely project delivery enhances consumer confidence in the market.
Additionally, the expansion of Emaar’s shopping malls and hospitality sectors, despite challenges from international visitor numbers, indicates a commitment to enhancing the overall lifestyle and retail experience in the UAE. The recent openings of new retail outlets and hotels contribute to the vibrant commercial landscape, benefiting both residents and visitors.
What happens next
- Emaar will continue to advance its development pipeline, aligning new launches with market conditions.
- The company remains focused on timely project handovers and enhancing the performance of its operating assets.
Emaar Properties’ impressive financial performance highlights its pivotal role in the UAE’s real estate and economic landscape, promising continued growth and development for the region.