Emaar Properties PJSC Reports Surging H1 2025 Growth Amid Record 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.
