Emaar Properties has reported an exceptional start to 2025, with a 50% year-on-year increase in revenue for Q1, reaching AED 10.1 billion (USD 2.8 billion). This growth has been driven primarily by robust property sales, which rose by 42% to AED 19.3 billion (USD 5.3 billion) – a clear indicator of the continued strength and global appeal of Dubai’s real estate market.
Strong Performance in Property Development
Emaar Development, the company’s real estate development arm, recorded a record-breaking quarter with sales reaching AED 16.5 billion (USD 4.5 billion) – a 28% increase from Q1 2024. Revenue rose by 43% to AED 5 billion (USD 1.4 billion), while pre-tax profits surged by 49% to AED 2.8 billion (USD 753 million).
Growth Across Multiple Segments
In addition to residential property sales, other divisions within Emaar also saw strong performance:
- Retail and leasing: Shopping malls, retail, and commercial leasing generated AED 1.5 billion (USD 408 million) in revenue, with an impressive 98% occupancy rate.
- International real estate: Projects in India and Egypt contributed AED 2.8 billion (USD 762 million) in sales, with AED 626 million (USD 170 million) in revenue.
- Hospitality and leisure: Emaar’s hospitality and entertainment operations recorded AED 1.1 billion (USD 299 million) in revenue, with hotel occupancy averaging 82%.
A Promising Outlook
Emaar’s real estate sales backlog reached AED 127 billion (USD 34.6 billion) as of 31 March 2025 – a 62% increase from the same time last year. This extensive backlog ensures strong revenue visibility and reflects continued investor confidence.
Emaar’s founder, Mohamed Alabbar, highlighted the company’s visionary approach:
“Every quarter is an opportunity to reinvent what’s possible – not just in how we build, but in how we think, lead, and connect.”
With record-breaking financials and a thriving sales pipeline, Emaar remains a driving force in the Dubai property market and beyond.
Investors are the reason Emaar continues to grow – and you could be next.
Looking to capitalise on the rising demand in Dubai’s luxury real estate sector?
Contact Palm Estate today and discover the smartest opportunities in the market.