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Emaar Development PJSC reported a strong financial performance for 2025, achieving its highest-ever property sales of AED 71.1 billion (US$ 19.4 billion), marking a 9% increase from the previous year. The company's net profit before tax increased by 52% to AED 15.5 billion (US$ 4.2 billion), while revenue grew by 44% to AED 27.5 billion (US$ 7.5 billion). The revenue backlog rose by 38% to AED 125.2 billion (US$ 34.1 billion), and EBITDA increased by 52% to AED 14.3 billion (US$ 3.9 billion), with a margin of 52%. The company proposed its highest-ever dividend of AED 4 billion (US$ 1.1 billion), a 47% increase from 2024, pending shareholder approval. Emaar Development expanded its business by acquiring 36 million square feet of development land valued at AED 120 billion (US$ 32.7 billion). The company's performance reflects strong demand in Dubai's real estate market, driven by population growth and investor interest, supported by a favorable regulatory framework. Emaar Development also emphasized quality, timely delivery, customer satisfaction, and sustainable development practices.
Emaar Properties PJSC reported a record-breaking year in 2025, achieving its highest-ever sales, revenue, and profit figures. Property sales increased by 16% to AED 80.4 billion, while net profit before tax rose by 36% to AED 25.7 billion. The company's revenue grew by 40% to AED 49.6 billion, and EBITDA increased by 33% to AED 25.6 billion. Emaar's revenue backlog also saw a 39% increase, reaching AED 155 billion. The company's performance was driven by strong demand across its core businesses, including property development, retail, hospitality, and international operations. Emaar's substantial land bank supports its ongoing expansion and long-term value creation. The Board of Directors recommended maintaining dividends at 100% of share capital for 2025, following the company's robust performance. Emaar continues to focus on customer satisfaction and community experiences.
Ithmaar Holding B.S.C., a company incorporated in Bahrain, has issued a circular to its shareholders. The circular concerns the consideration and approval of a related party resolution by independent shareholders. This resolution pertains to an in-kind contribution as part of a rights issue by Dar Al-Maal Al-Islami Trust and its affiliates, who are major shareholders of Ithmaar Holding.