Emaar Properties PJSC, a leading developer in the United Arab Emirates, has started 2026 with impressive momentum, following a record-breaking year in 2025. The company reported its highest-ever property sales of AED 80.4 billion and a record revenue of AED 49.6 billion last year, leading to a net profit before tax of AED 25.7 billion. These figures underscore the robustness of Emaar’s business model and the resilience of Dubai’s economic environment.

The company’s revenue backlog stood at AED 155 billion by the end of 2025, providing strong visibility over future earnings. This backlog, coupled with recurring income streams from malls, hospitality, leisure, entertainment, and commercial leasing, which accounted for 32 percent of total EBITDA, highlights Emaar’s diversified and resilient operating model.

Building on this success, Emaar has carried the positive momentum into 2026. In the first two months of the year, UAE property sales reached AED 17.2 billion, a significant 118 percent increase year-on-year compared to the same period in 2025. This growth is a testament to Dubai’s clear regulatory environment, diversified economy, and proactive governance, which continue to bolster investor confidence and long-term growth prospects.

Mohamed Alabbar, Founder of Emaar, emphasized the city’s resilience and the company’s focus on disciplined execution and operational excellence. Emaar’s strong balance sheet, substantial land bank of approximately 618 million square feet, and healthy revenue backlog position the company to navigate evolving regional developments while maintaining disciplined expansion.

For investors, Emaar’s consistent performance and strong cash generation have led the Board of Directors to recommend maintaining dividends at 100 percent of share capital for 2025. This decision reinforces Emaar’s commitment to delivering sustainable value to its shareholders.

Given these factors, the recommendation is to hold Emaar stocks. The company’s strong fundamentals and growth trajectory make it a stable investment, but potential investors should remain aware of regional market dynamics and global economic conditions that could impact future performance.