Press releases, Reports & Disclosures for EMAAR DEVELOPMENT PJSC

Emaar Development PJSC has scheduled an earnings call to discuss the financial statements for the second quarter ending June 30, 2025. The call will take place at 4:30 PM on Friday, August 15, 2025. This notification is addressed to Mr. Hamed Ali, CEO of the Dubai Financial Market, and is also copied to the Securities & Commodities Authority. The letter is signed by Ahmad Thani Rashed Almatrooshi from Emaar Development PJSC.

The document is the unaudited interim condensed consolidated financial statements of Emaar Development PJSC and its subsidiaries for the period ending June 30, 2025.

Emaar Development reported significant growth in the first half of 2025, with a 37% increase in property sales reaching AED 40.6 billion (US$ 11 billion) and a 59% rise in backlog to AED 117.7 billion (US$ 32 billion). Revenue grew by 35% to AED 10 billion (US$ 2.7 billion), while EBITDA increased by 47% to AED 5 billion (US$ 1.4 billion), maintaining a 50% margin. Net profit before tax rose by 50% to AED 5.5 billion (US$ 1.5 billion), with a net margin of 55%. The company launched 25 new projects, reinforcing its market position. Emaar emphasizes customer satisfaction and sustainable practices. Founder Mohamed Alabbar highlighted the company's resilience and commitment to innovation, sustainability, and shaping the future of urban living.

Emaar Development PJSC has announced that it will disclose its financial statements for the period ending June 2025 on Wednesday, August 6, 2025, after trading hours.

Emaar Development PJSC and its subsidiaries have released their unaudited interim condensed consolidated financial statements for the period ending March 31, 2025.

Emaar Development PJSC and its subsidiaries have released their unaudited interim condensed consolidated financial statements for the period ending March 31, 2025.

Emaar Development PJSC reported significant growth in Q1 2025, with property sales increasing by 28% to AED 16.5 billion (US$ 4.5 billion) and a revenue backlog exceeding AED 100 billion (US$ 27 billion). The company's revenue rose by 43% to AED 5 billion (US$ 1.4 billion), while EBITDA increased by 48% to AED 2.5 billion (US$ 683 million), with an EBITDA margin of 50%. Net profit before tax grew by 49% to AED 2.8 billion (US$ 753 million), reflecting a net margin of 55%. Emaar Development, a leading property developer in the UAE, attributes this success to operational excellence, innovation, and customer satisfaction, with a focus on sustainability and high-quality services. Founder Mohamed Alabbar emphasized the company's commitment to innovation and its role in shaping the future of real estate in Dubai.