Emaar Development Reports Robust Growth in H1 2025

Emaar Development PJSC, a leading property development company in the UAE, has announced remarkable financial results for the first half of 2025. The company's property sales surged by 37%, reaching AED 40.6 billion (US$ 11 billion), compared to AED 29.7 billion (US$ 8.1 billion) in the same period last year. This growth is attributed to the successful launch of 25 new projects across key masterplans, solidifying Emaar's dominant position in the market.

The revenue backlog has also seen a significant increase, rising by 59% to AED 117.7 billion (US$ 32 billion) as of June 30, 2025. This backlog growth indicates a promising revenue stream for the coming years, underscoring the company's robust project execution capabilities.

In terms of revenue, Emaar Development recorded AED 10 billion (US$ 2.7 billion) in the first half of 2025, marking a 35% increase from the previous year. The company's profitability has also improved substantially, with net profit before tax climbing by 50% to AED 5.5 billion (US$ 1.5 billion), supported by operational efficiencies and a strong commitment to customer satisfaction.

Emaar's founder, Mohamed Alabbar, emphasized the company's focus on innovation and sustainability, stating that Emaar is not just reacting to market shifts but actively shaping the future of urban living. The company's commitment to energy efficiency, resource management, and environmental responsibility continues to enhance its reputation as a leader in sustainable development.

Given these impressive results and the company's strategic focus on innovation and sustainability, investors might consider holding onto their shares of Emaar Development. While the growth trajectory is promising, maintaining a neutral stance allows for flexibility in response to future market dynamics.