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12 March 07:37 AM

Sector News

Union Properties
16 February 01:35 AM Union Properties records higher financial results in 2025; board proposes dividends, 2.5% capital raise
Dubai – Mubasher: Union Properties achieved higher net profits after tax worth AED 462.45 million in 2025 when compared with AED 275.63 million in 2024. The basic and diluted earnings per share (EPS) went down to AED 0.10 in 2025 from AED 0.06 in …
Corporate Actions
Emaar Development Project
13 February 01:38 AM Emaar Development generates AED 15.5bn net profit before tax in 2025 amid highest-ever revenue
Dubai – Mubasher: Emaar Development, majority-owned subsidiary of Emaar Properties, recorded its highest ever net profit before tax that reached AED 15.50 billion ($4.20 billion) in 2025, according to a press release. The positive results marked …
Real estate
Emaar Properties
13 February 01:34 AM Emaar achieves highest-ever property sales in 2025, unveils AED 8.8bn dividend payout
Dubai – Mubasher: Emaar Properties recorded its highest-ever property sales of AED 80.40 billion ($21.90 billion) in 2025, reflecting an increase of 16% over 2024 sales of AED 69.50 billion ($19 billion), according to a press release. The positive …
Financial Results
Deyaar Development
11 February 01:15 AM Deyaar Development generates AED 1.9bn revenue in 2025 preliminary results
Dubai – Mubasher: Deyaar Development posted a net profit after tax worth AED 602.20 million in 2025, reflecting a surge from AED 473.91 million in 2024. The preliminary financial results indicated revenue of AED 1.97 billion during …
Real estate
Photo Archive
3 February 04:08 PM Tecom Group’s net profits exceed AED 2bn in 2025; higher dividends proposed
Dubai – Mubasher: Tecom Group generated AED 2.08 billion in net profits during the January-December 2025 period, up year-on-year (YoY) from AED 1.22 billion, according to the financial results. The group’s revenues increased by 19% YoY to AED 2.85 …
Cash Dividends
Photo Gallery
18 December 2025 09:07 PM Tecom Group launches AED 615m innovation hub Phase 4 in Dubai
Dubai – Mubasher: Tecom Group has launched Phase 4 of Innovation Hub in Dubai Internet City at a value of AED 615 million amid rising demand for Grade-A office spaces from global multinational companies. With a gross leasable area (GLA) of 263,000 …
Companies Investments
Mirdad Project
15 December 2025 11:37 AM Union Properties launches AED 2bn Mirdad project
Dubai - Mubasher: Union Properties has officially broken ground on its Mirdad project at AED 2 billion in Dubai Motor City, according to a press release The launch marks the company’s second landmark development in the area, supporting its growth …
Real estate
Photo Archive
5 November 2025 08:49 PM Deyaar Development sees 24% higher profits in 9M-25
Dubai – Mubasher: Deyaar Development registered net profits after tax valued at AED 406.40 million in the first nine months (9M) of 2025, up 23.70% year-on-year (YoY) from AED 328.46 million. Total sales widened by 39.10% to AED 1.44 billion in …
Real estate
Photo Archive
3 November 2025 11:25 AM Tecom Group posts 18% higher profits in 9M-25
Dubai – Mubasher: Tecom Group recorded net profits amounting to AED 1.11 billion in the first nine months (9M) of 2025, up 18% from AED 942.67 million in 9M-24. Revenues hiked by 20% year-on-year (YoY) to AED 2.11 billion as of 30 September 2025 …
Financial Results
Photo Archived
29 October 2025 06:28 PM Union Properties registers 162% surge in 9M-25 net profits
Dubai - Mubasher: The net profits after tax of Union Properties reached AED 139.22 million in the first nine months (9M) of 2025, signaling a 162% leap from AED 53.14 million in 9M-24. Revenues from contracts with customers hiked by 32% …
Real estate
Photo Gallery
26 October 2025 08:45 AM Emaar launches AED 100bn Dubai Mansions at Emaar Hills
Dubai – Mubasher: Emaar announced the Dubai Mansions project at Emaar Hills, the city’s newest and most prestigious master-planned community, with a total value of AED 100 billion. The new project includes 40,000 ultra-luxury residences, featuring …
Real estate
Photo Archive
28 August 2025 03:27 PM Tecom Group approves AED 1.6bn acquisition to expand Dubai Industrial City
Dubai – Mubasher: The board members of Tecom Group approved the acquisition of 33 million sq.ft of land at Dubai Industrial City for AED 1.60 billion, according to a press release. The deal with Dubai Holding Asset Management will expand the …
Mergers and Acquisitions
Union Properties
6 August 2025 11:13 PM Union Properties’ ServeU acquires House Keeping in AED 100m deal
Dubai – Mubasher: Union Properties, through its subsidiary the facilities management (FM) solutions provider ServeU, has carried out a strategic acquisition of House Keeping and House Keeping Domestic Workers, including their subsidiary. The deal …
Companies Investments
Emaar Development records AED 40.6bn property sales in H1-25
6 August 2025 09:09 PM Emaar Development records AED 40.6bn property sales in H1-25
Dubai – Mubasher: Emaar Development sustained its strong momentum in the first half (H1) of 2025, delivering impressive results in both property sales and construction progress, according to a press release. The UAE development businesses …
Companies Investments
Emaar generates 34% higher net profit before tax in H1-25
6 August 2025 08:13 PM Emaar generates 34% higher net profit before tax in H1-25; property sales hit AED 46bn, Egypt boosts int'l operations
Dubai – Mubasher: Emaar Properties achieved a net profit before tax worth AED 10.40 billion ($2.80 billion) in the first half (H1) of 2025, recording a growth of 34% compared to H1-24, according to a press release. In terms of sales growth, the …
Financial Results
Photo Archive
3 August 2025 11:53 AM Deyaar Development generates AED 248.5m profits in H1-25; revenues hike 39%
Dubai – Mubasher: Deyaar Development logged net profits after tax worth AED 248.56 million in the first half (H1) of 2025, an annual jump from AED 188.66 million. Revenue increased by 39.20% year-on-year (YoY) to AED 925.42 million as of 30 June …
Financial Results
Photo Gallery
3 August 2025 08:53 AM Tecom Group records AED 737.5m profits in H1-25; dividends unveiled
Dubai – Mubasher: The net profits of Tecom Group jumped by 22% year-on-year (YoY) to AED 737.42 million in the first half (H1) of 2025 from AED 603.04 million. The UAE-based group posted an annual rise of 21% in revenue to AED 1.38 billion as of …
Cash Dividends
Photo Gallery
31 July 2025 06:19 AM Union Properties unveils higher revenues in H1-25, AED 700m sales deal
Dubai – Mubasher: Union Properties recorded lower net profits at AED 14.56 million in the first half (H1) of 2025, compared to AED 34.77 million a year earlier. Revenue from contracts jumped to AED 315.66 million at the end of June 2025 from AED …
Companies Investments
Photo Archive
15 May 2025 07:18 AM Deyaar’s revenues jump 32% in Q1-25; profits hit AED120m
Dubai – Mubasher: Deyaar Development delivered a strong performance at the beginning of 2025, recording net profits before corporate tax valued at AED 119.80 million in the first quarter (Q1) of 2025. The generated net profits were higher by 54% …
Financial Results
Photo Archive
12 May 2025 08:22 PM Union Properties enters 2025 with strong financial performance; revenues jump 18% in Q1-25
Dubai – Mubasher: Union Properties began 2025 with positive financial performance, generating an annual increase of 18.20% in revenue to AED 163 million as of 31 March 2025, when compared with AED 138 million. Gross profit jumped by 25.30% to AED …
Financial Results
Photo Archive
11 May 2025 02:58 PM Emaar Development’s revenues leap 43% in Q1-25; property sales hit AED 16.5bn
Dubai – Mubasher: Emaar Development logged property sales of AED 16.50 billion ($4.50 billion) over 12 projects in the first quarter (Q1) of 2025, an annual increase of 28% from AED 12.90 billion ($3.50 billion). The group’s positive performance …
Real estate
Photo Gallery
11 May 2025 10:26 AM Emaar Properties delivers AED 5.4bn profits in Q1-25; international operations drive higher sales
Dubai – Mubasher: Emaar Properties generated revenues amounting to AED 10.10 billion ($2.80 billion) in the first quarter (Q1) of 2025, marking a 50% year-on-year (YoY) hike, according to the financial results. The property sales reached nearly …
Global Economy
Photo Archive
4 May 2025 03:10 PM Tecom Group’s profits rise 23% in Q1-25
Dubai – Mubasher: Tecom Group reported net profits valued at AED 360.86 million in the first quarter (Q1) of 2025, an annual rise of 23% from AED 292.52 million.  Revenues increased by 21% year-on-year (YoY) to AED 679.73 million in the first …
Financial Results
Photo Archive
22 April 2025 07:45 PM Emaar contributes $1bn to promote Dubai’s global infrastructure
Dubai – Mubasher: Emaar Properties invested over $1 billion in enhancing Dubai’s global identity, affirming the company’s commitment to reinforcing the city’s international position with landmark social infrastructure. Emaar announced ongoing …
Real estate
Photo Archive
17 April 2025 01:53 PM Deyaar’s general assembly greenlights dividends for 2024
Dubai – Mubasher: The annual general assembly of Deyaar Development approved a 5% dividend distribution for 2024, according to a press release. The dividend aligns with Deyaar’s plans to transform the UAE's real estate landscape through pioneering …
Cash Dividends