Emaar Properties PJSC Reports Surging H1 2025 Growth Amid Record Property Sales and Revenue
Emaar Properties PJSC has unveiled its unaudited interim financial results for the first half of 2025, showcasing significant growth in property sales and revenue.
Summary
Emaar Properties PJSC reported a 46% increase in property sales and a 38% rise in revenue for H1 2025. The company's EBITDA and net profit before tax also saw substantial growth, reflecting continued investor confidence and demand for Emaar's projects.
Emaar Properties PJSC, a leading real estate developer in the UAE, has released its unaudited interim financial results for the first half of 2025. The company reported a remarkable 46% increase in property sales, reaching approximately AED 46 billion (US$ 12.5 billion). This growth is attributed to sustained investor confidence and demand across Emaar's diverse projects.
Key Performance Indicators (KPIs) for H1 2025 are as follows:
| KPI | H1 2025 | H1 2024 | Change (%) |
|---|---|---|---|
| Revenue (AED Billion) | 19.8 | 14.3 | 38% |
| EBITDA (AED Billion) | 10.4 | 8.0 | 30% |
| Net Profit Before Tax (AED Billion) | 10.4 | 7.8 | 34% |
| Property Sales (AED Billion) | 46.0 | 31.5 | 46% |
| Backlog (AED Billion) | 146.3 | 90.1 | 62% |
Analysis of the KPIs indicates that Emaar's strategic focus on expanding its property sales and revenue backlog has paid off, with the backlog growing by 62% year-on-year to AED 146.3 billion (US$ 39.8 billion). This substantial backlog provides strong revenue visibility for the company in the coming years.
Furthermore, Emaar's EBITDA increased by 30% to AED 10.4 billion (US$ 2.8 billion), with a healthy margin of over 52%. The net profit before tax also rose by 34% to AED 10.4 billion (US$ 2.8 billion), underscoring the company's profitability and operational efficiency.
In conclusion, Emaar Properties PJSC continues to demonstrate robust financial performance and strategic agility. The company's credit ratings have been upgraded by both S&P Global and Moody's, reflecting its strong financial position and operational excellence. With a focus on sustainability and talent development, Emaar is well-positioned for future growth.
Source
Summary
The document is the unaudited interim condensed consolidated financial statements of Emaar Properties PJSC and its subsidiaries for the period ending June 30, 2025.
