Emaar Properties Reports Robust Q1 2025 Growth

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Emaar Properties PJSC has reported impressive growth in Q1 2025, with significant increases in sales, revenue, and profitability.

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Summary

Emaar Properties PJSC showcased remarkable growth in Q1 2025, with a 42% increase in property sales and a 50% rise in revenue, bolstering its market position.

Emaar Properties PJSC, a leading real estate developer in the United Arab Emirates, has announced a stellar performance in the first quarter of 2025. The company reported a 42% increase in property sales, reaching AED 19.3 billion (US$ 5.3 billion), compared to AED 13.5 billion (US$ 3.7 billion) in Q1 2024. This surge in sales is a testament to Emaar's robust market strategy and its ability to meet the growing demand for high-quality real estate in the region.

The company's revenue backlog from property sales also saw a substantial increase, rising to AED 127 billion (US$ 34.6 billion), marking a 62% growth from the same period last year. This backlog is indicative of strong revenue streams for the future, ensuring sustained growth and profitability.

Emaar's revenue for Q1 2025 stood at AED 10.1 billion (US$ 2.8 billion), a 50% increase compared to the same period in 2024. The company's EBITDA rose to AED 5.4 billion (US$ 1.5 billion), reflecting a healthy margin exceeding 53%. Net profit before tax also increased by 27% to AED 5.4 billion (US$ 1.5 billion), underscoring Emaar's operational efficiency and its ability to maximize shareholder value.

In addition to financial performance, Emaar has declared a record dividend of AED 8.9 billion (US$ 2.4 billion) to its shareholders, further demonstrating its commitment to rewarding investor confidence.

Emaar continues to prioritize customer satisfaction by adhering to the highest standards in design, product quality, and community services. The company's focus on talent development, with initiatives aimed at nurturing young leaders in the UAE, is commendable and positions it well for future challenges.

Sustainability remains at the forefront of Emaar's strategy, with significant advancements in resource efficiency, waste management, and responsible sourcing practices. The company has achieved its third ESG rating upgrade in four years from MSCI, highlighting its dedication to environmental, social, and governance principles.

Given Emaar's strong financial performance, strategic focus, and commitment to sustainability, the outlook for the company remains optimistic. Investors looking for exposure to the UAE's burgeoning real estate market may find Emaar Properties an attractive option. Therefore, the recommendation is to buy Emaar's shares.

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Source

Press release regarding financial results for the first quarter of 2025

Summary

Emaar Properties reported a strong performance in Q1 2025, with property sales increasing by 42% to AED 19.3 billion (US$ 5.3 billion) and a backlog growth of 62% to AED 127 billion (US$ 34.6 billion). Revenue rose by 50% to AED 10.1 billion (US$ 2.8 billion), and EBITDA grew to AED 5.4 billion (US$ 1.5 billion) with a margin exceeding 53%. The net profit before tax also increased by 27% to AED 5.4 billion (US$ 1.5 billion). Emaar declared a record dividend of AED 8.9 billion (US$ 2.4 billion) and continues to focus on customer satisfaction, talent development, cost efficiency, and sustainability initiatives. The company received its third ESG rating upgrade in four years from MSCI.

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