Emaar Development reports strong performance in Q3 2025

Property Sales reach AED 52.9 billion (US$ 14.4 billion) and 49% growth in Net Profit before tax reaching AED 9.8 billion (US$ 2.7 billion)

• Revenue increased by 41% to AED 17.6 billion (US$ 4.8 billion).
• Revenue Backlog increased by 44% to AED 120.4 billion (US$ 32.8 billion) compared to same period last year.
• EBITDA grows by 49% to AED 8.9 billion (US$ 2.4 billion), maintaining a robust 51% margin.

Dubai, United Arab Emirates – 6 November 2025: Emaar Development PJSC (DFM: EMAARDEV), the UAE's leading build-to-sell property developer and majority-owned subsidiary of Emaar Properties PJSC (DFM: EMAAR), has delivered a strong performance in the third quarter of 2025 (July to September), underlining the company's competitive edge and stability.

Key Highlights of the Results:

• Sales Growth: Emaar Development achieved property sales of AED 52.9 billion (US$ 14.4 billion) in first nine months of 2025, up 10% from AED 48 billion (US$ 13.1 billion) in the same period of 2024. This growth is supported by the successful launch of 33 new projects across Emaar's masterplans, further strengthening the company's leading market position.
• Backlog Growth: Reflecting strong sales momentum, the revenue backlog reached AED 120.4 billion (US$ 32.8 billion) as of 30 September 2025, a 44% increase from AED 83.7 billion (US$ 22.8 billion) during the same period last year, highlighting robust visibility of revenues in the coming years.
• Revenue Growth: Emaar Development recorded revenue of AED 17.6 billion (US$ 4.8 billion) for first nine months of 2025, representing a 41% increase compared to same period of 2024, driven by continued demand and effective project execution.
• Profitability: The company recorded EBITDA of AED 8.9 billion (US$ 2.4 billion); an increase of 49% and Net Profit (before tax) of AED 9.8 billion (US$ 2.7 billion); an increase of 49% compared to first nine months of 2024, supported by operational efficiencies. This reflects a net profit margin of 55%.
• Customer Satisfaction: Emaar remains committed to delivering exceptional quality developments and enhancing customer satisfaction, reinforcing trust and long-term relationships with clients and stakeholders.
• Sustainability: The company continues to advance sustainable development practices, emphasizing energy efficiency, resource optimization, and environmental responsibility in all its projects.
• Dubai Mansions Project: During Q3, Emaar unveiled the Dubai Mansions project, a landmark development that combines luxury, visionary design, and state-of-the-art urban living. The project has already generated strong interest and exemplifies Emaar's commitment to setting new benchmarks in the UAE property market.

Mohamed Alabbar, founder of Emaar, stated: “Our success is a testament to the UAE Government's visionary leadership and sound policies, reinforced by Emaar's strategic long-term planning. Financial achievements are meaningful, but what truly inspires me is witnessing our concepts transform into thriving, dynamic communities. At Emaar, each milestone reflects our commitment to converting ambition into real experiences, designing spaces where people live fully, build connections, and imagine what the future can hold.'