
Amlak Finance Announces AED 735 Million Dividend
Summary
Amlak Finance PJSC's AED 735 million dividend highlights its robust financial performance in 2025, driven by strategic asset sales and cost management.In a significant move that underscores its robust financial health and strategic prowess, Amlak Finance PJSC has announced a monumental dividend distribution of AED 735 million. This payout, which equates to AED 49 fils per share, marks a historic milestone for the company and its shareholders. The decision comes on the back of a remarkable financial year, with Amlak reporting a net profit of AED 1.47 billion for 2025, a staggering increase from AED 12 million in 2024.
This financial leap was largely fueled by the successful sale of the Ras Al Khor land bank, which generated proceeds of AED 2.9 billion. The sale not only fortified the company's income, which rose to AED 3.12 billion from AED 233 million in 2024, but also resulted in a gain of AED 2.14 billion. These figures highlight Amlak's strategic asset optimization and its capability to leverage opportunities for substantial financial gain.
Moreover, Amlak's total assets stood at AED 3.42 billion at the end of 2025, reflecting a solid asset base. The company also demonstrated effective cost management, reducing operating costs by 9% to AED 92 million. This operational efficiency, coupled with the full settlement of its investment deposits and exit from the Common Terms Agreement, positions Amlak as a financially sound entity.
Looking ahead, Amlak's Board of Directors and Management are set to review strategic options to align with shareholder expectations and ensure long-term value creation. A key focus will be the managed exit of legacy business lines and the transfer and sale of the Real Estate Finance portfolio, which will eventually lead to the surrender of its Central Bank UAE license.
Chairman Jamal Hamed Almarri emphasized the company's resilience and strategic vision, while CEO Arif Albastaki highlighted Amlak's strengthened financial position and commitment to sustainable growth. Given these developments, investors may consider holding their positions in Amlak Finance, as the company is poised for continued growth and value creation.


