
EMAAR DEVELOPMENT PJSC
Pressreleases, Reports and Disclosures for EMAAR DEVELOPMENT PJSC
Emaar Development PJSC has announced the commencement of nominations for its Board of Directors. The nomination period will run from February 27, 2026, to March 9, 2026. Interested candidates who meet the eligibility criteria can apply by submitting an electronic application with a brief biography and specifying the desired category of directorship (executive, non-executive, independent, or non-independent) via email. The application form is available on the company's website. Seven directors will be elected, and the nomination process must comply with relevant laws and guidelines. After the nomination period, candidates cannot transfer their nomination to others. The names of the nominees will be published on the company's notice board and website by March 10, 2026, and the list will also be shared with the Capital Market Authority and Dubai Financial Market.
Emaar Development PJSC and its subsidiaries have released their consolidated financial statements for the fiscal year ending on December 31, 2025.
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 Development reported strong performance in the third quarter of 2025, with property sales reaching AED 52.9 billion (US$ 14.4 billion) and a 49% growth in net profit before tax to AED 9.8 billion (US$ 2.7 billion). Revenue for the first nine months of 2025 increased by 41% to AED 17.6 billion (US$ 4.8 billion), and the revenue backlog grew by 44% to AED 120.4 billion (US$ 32.8 billion) compared to the same period last year. EBITDA rose by 49% to AED 8.9 billion (US$ 2.4 billion), maintaining a robust 51% margin. The company attributes its success to the launch of 33 new projects, operational efficiencies, and a commitment to quality and sustainability. Emaar also introduced the Dubai Mansions project, which has generated significant interest.
Emaar Development PJSC and its subsidiaries have released their unaudited interim condensed consolidated financial statements for the period ending September 30, 2025.
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.