Abu Dhabi - Mubasher: RAK Properties logged net profits after tax worth AED 216.81 million in the first nine months (9M) of 2025, higher by 79% than AED 121.41 million in 9M-24.

Revenues surged by 31% year-on-year (YoY) to AED 1.16 billion in 9M-25 from AED 891.32 million, according to the financial results.

Basic and diluted earnings per share (EPS) stood at AED 0.07 in the January-September 2025 period, compared with AED 0.05 in 9M-24.

Financial Statements for Q3

During the third quarter (Q3) of 2025, the ADX-listed developer achieved AED 56.22 million in net profits after tax, an annual increase from AED 32.35 million.

The sales hiked to AED 390.70 million in the three-month period that ended on 30 September 2025 from AED 280.95 million a year earlier. The EPS climbed to AED 0.019 from AED 0.011.

Abdulaziz Abdullah Al Zaabi, Chairman of RAK Properties, said: “With these latest figures, for the period up to September 30th, we can see that our plan to develop communities that attract a diverse clientele of investors and residents is delivering the desired results, as highlighted in the number of units sold and our increasing sales backlog.”

Meanwhile, the total number of units the company sold reached 1,412 in 9M-25, up from 640 units for the corresponding period of 2024.

In the first half (H1) of 2025, RAK Properties achieved 80% higher net profits at AED 160.59 million, compared to AED 89.05 million.