Press releases, Reports & Disclosures for Emaar Properties PJSC

Emaar Properties reported a strong performance in Q1 2025, with property sales increasing by 42% to AED 19.3 billion (US$ 5.3 billion) and a backlog growth of 62% to AED 127 billion (US$ 34.6 billion). Revenue rose by 50% to AED 10.1 billion (US$ 2.8 billion), and EBITDA grew to AED 5.4 billion (US$ 1.5 billion) with a margin exceeding 53%. The net profit before tax also increased by 27% to AED 5.4 billion (US$ 1.5 billion). Emaar declared a record dividend of AED 8.9 billion (US$ 2.4 billion) and continues to focus on customer satisfaction, talent development, cost efficiency, and sustainability initiatives. The company received its third ESG rating upgrade in four years from MSCI.

The text refers to the consolidated financial statements of Emaar Properties PJSC and its subsidiaries as of December 31, 2024.

In 2024, Emaar Properties PJSC achieved record-breaking financial results, with a 72% increase in property sales amounting to approximately AED 70 billion (US$ 19 billion) and a revenue backlog exceeding AED 110 billion (US$ 30 billion). The company's revenue grew by 33% to AED 35.5 billion (US$ 9.6 billion), and its EBITDA reached AED 19.3 billion (US$ 5.2 billion), with a margin of 54%. Net profit before tax rose by 25% to AED 18.9 billion (US$ 5.1 billion). Emaar also announced a new dividend policy and its highest proposed dividend of AED 8.8 billion, doubling from the previous year. The company expanded its business by acquiring 141 million square feet of development land in Dubai, valued at AED 96 billion. Emaar focused on customer satisfaction by repairing homes affected by unprecedented rain at its own expense and prioritized investing in young talent development in the UAE.