Abu Dhabi - Mubasher: RAK Properties registered AED 160.59 million in net profits after tax in the first half (H1) of 2025, an annual hike of 80% from AED 89.05 million.

Basic and diluted earnings per share (EPS) hit AED 0.05 as of 30 June 2025, up from AED 0.04 in H1-24, according to the interim financial results.

The UAE-based developer generated revenues valued at AED 774.79 million in January-June 2025, higher by 27% year-on-year (YoY) than AED 610.37 million.

Quarterly Results

During the second quarter (Q2) of 2025, the company’s net profits after tax soared by 94.70% to AED 92.69 million from AED 47.60 million in Q2-24.

Revenues reached AED 404.52 million in Q2-25, an annual rise from AED 320.56 million.

Meanwhile, the basic and diluted EPS grew to AED 0.03 in April-June 2025 from AED 0.02 in Q2-24.

Sameh Muhtadi, CEO of RAK Properties, commented: “RAK Properties has solidified its role as a driver of the emirate's economic growth, with strong financial results supported by disciplined and expertly managed operations across diverse projects, from newly launched residential projects to landmark hotel announcements.”

In Q1-25, RAK Properties posted higher net profits at AED 67.90 million, compared to AED 41.45 million as of 31 March 2024.