Emaar Development Approves AED4bn Dividend at AGM Meet

Emaar Development PJSC held its Annual General Meeting (AGM), where shareholders reviewed the company’s financial performance for 2025 and approved key strategic decisions for the future.

During the meeting, shareholders approved the Board of Directors’ proposal to distribute a dividend of AED 4 billion (approximately US$1.1 billion), representing 100% of the company’s share capital. The Board’s report on business activities, financial position, and the Auditor’s report were also formally endorsed.

The company delivered a strong financial performance in 2025, achieving its highest-ever property sales of AED 71.1 billion (US$19.4 billion). This marks a 9% year-on-year increase, highlighting sustained demand and robust market confidence.

Emaar Development’s revenue backlog also saw significant growth, reaching AED 125.2 billion (US$34.1 billion). This backlog provides strong visibility for future revenue recognition and reflects the company’s solid project pipeline.

Total revenue for the year rose sharply to AED 27.5 billion (US$7.5 billion), representing a 44% increase compared to 2024. The company’s EBITDA grew by 52% to AED 14.3 billion (US$3.9 billion), underscoring improved operational efficiency and profitability.

Net profit before tax stood at AED 15.5 billion (US$4.2 billion), also up 52% year-on-year, with an impressive profit margin of 56%.

The results reaffirm Emaar Development’s strong market position and highlight its continued growth trajectory, supported by strategic planning and sustained demand in the real estate sector.