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Emaar Properties reported a strong increase in full-year profit, with net profit attributable to shareholders rising to AED 17.60 billion from AED 13.51 billion a year earlier. Revenue grew to AED 49.56 billion, supported by steady demand across key developments. The company's revenue backlog increased by 39 percent to AED 155 billion by the end of December, offering clear earnings visibility. The board also recommended maintaining dividends at 100 percent of share capital for 2025, reflecting confidence in cash flows and business stability.
Emaar Properties has reported a sharp improvement in its financial performance for the last financial year, supported by higher revenue and a strong project pipeline. The Dubai-based developer said its net profit attributable to shareholders rose to AED 17.60 billion, compared with AED 13.51 billion recorded in the previous year.
The company's revenue also increased significantly to AED 49.56 billion from AED 35.51 billion a year earlier, reflecting strong demand across its residential and mixed-use developments. Emaar's performance continues to benefit from sustained interest in Dubai's property market, which has seen steady growth driven by end-user demand, foreign investment, and large-scale infrastructure development.
Emaar further disclosed that its revenue backlog expanded by 39 percent to AED 155 billion by the end of December, indicating strong visibility for future earnings. A rising backlog typically reflects robust sales bookings and under-construction projects that are yet to be recognised as revenue.
The board has recommended maintaining dividends at 100 percent of the share capital for 2025, signalling confidence in the company's cash flows and long-term outlook. Emaar has historically followed a consistent dividend policy, supported by its diversified portfolio spanning residential, retail, hospitality, and commercial assets.
Source Reuters
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