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 witnessed exceptional growth during the first six months (6M) of 2025, with the launch of 25 new projects across prime master communities which endorsed property sales that reached AED 40.60 billion ($11.10 billion), reflecting a 37% surge over AED 29.70 billion ($8.10 billion) in H1-24. 

Emaar Development, which is a majority-owned subsidiary of Emaar Properties, registered a 59% surge in backlog to AED 117.70 billion ($32 billion) in H1-25.

Moreover, it reported revenue of AED 10 billion ($2.70 billion) during January-June 2025, achieving a growth of 35% year-on-year (YoY), and a net profit before tax of AED 5.50 billion ($1.50 billion) which soared by 50% in line with a net margin of 55% compared to H1-24.

The EBITDA also increased by 47% to AED 5 billion ($1.40 billion) at a healthy 50% margin.

Mohamed Alabbar, Founder of Emaar, stated: "Our results for H1-25 demonstrate the resilience and dynamism in a competitive market. Beyond financial metrics, we remain dedicated to elevating lifestyles and creating communities where people can truly grow.”

Alabbar noted: “Our innovation-driven approach and customer-centric focus continue to be key pillars of our success."

The Founder concluded: "Rather than reacting to market shifts, Emaar is actively shaping what the future of urban living looks like. By blending visionary design with sustainability and cutting-edge technology, we are creating spaces that reflect the aspirations of today and the possibilities of tomorrow, and this is how we turn growth into legacy."

In the first quarter (Q1) of 2025, Emaar Development recorded property sales of AED 16.50 billion which were supported by a revenue backlog of AED 100.10 billion.