Emaar Properties Reports 18% Profit Increase to AED 19.8 Billion

Emaar Properties reported an 18% increase in net profit before tax to AED 19.8 billion ($5.4 billion) for the nine months ending September 30, 2026. Total revenue rose 13% year-on-year to AED 37.5 billion ($10.2 billion), supported by strong economic fundamentals in Dubai and revenue recognition from a backlog of AED 158.8 billion.

Following these results, the company's Board of Directors approved a one-time special dividend of AED 4.4 billion ($1.2 billion), equivalent to AED 0.5 per share. During the reporting period, the company launched 14 projects and handed over more than 4,800 residential units in the United Arab Emirates. Emaar Developments, a subsidiary, awarded contracts totaling AED 17.8 billion for main and infrastructure works and collaborated with ADCB to provide financing solutions for homebuyers.

Founder Mohamed Alabbar attributed the financial growth to operational quality and the strategic direction provided by the UAE leadership. He stated that the results reflect work across construction sites, handovers, and the daily management of the company's destinations.