Today's Edition
DUBAI (ALETIHAD)
Emaar Development PJSC Thursday held its Annual General Meeting (AGM), during which the Board of Directors reviewed the company’s financial performance for 2025 and discussed its strategic outlook for the coming period.
During the AGM, shareholders approved the Board of Directors’ proposal to distribute a dividend of Dh4 billion ($1.1 billion), representing 100% of the share capital. Shareholders also approved the board’s report on the company’s activities and financial position, along with the auditor’s report.
Emaar Development recorded its highest-ever property sales of Dh71.1 billion ($19.4 billion) in 2025, reflecting a 9% increase compared to the previous year. The company’s revenue backlog rose to Dh125.2 billion ($34.1 billion), providing strong visibility for revenue recognition in the years ahead.
Total revenue for the year reached Dh27.5 billion ($7.5 billion), representing a 44% increase compared to 2024, while EBITDA grew by 52% to Dh14.3 billion ($3.9 billion). Net profit before tax reached Dh15.5 billion ($4.2 billion), marking a 52% increase year-on-year, with a margin of 56%.
