Emaar Development has reported strong financial results for the first quarter of 2025, reflecting continued momentum in sales, innovation, and customer satisfaction.
During Q1 2025, January to March, Emaar Development achieved property sales of AED16.5 billion (US$ 4.5 billion), marking a 28% increase over the AED12.9 billion (US$ 3.5 billion) recorded in Q1 2024.
This growth was fuelled by the successful launch of 12 projects across all its masterplanned communities, reinforcing the company’s market leadership and strategic growth ambitions.
The company’s revenue backlog surged to AED100.1 billion (US$ 27.3 billion) as of March 31, 2025, a 52% rise compared to the same period last year. This growing backlog highlights the company’s robust pipeline and signals increased revenue in the years ahead.
Emaar Development also reported revenue of AED5 billion (US$ 1.4 billion) in Q1 2025, reflecting a year-on-year increase of 43%. Net profit before tax rose to AED2.8 billion (US$ 753 million), up 49% from Q1 2024, underscoring the company’s operational efficiency and profitability.
In addition to its financial performance, it continues to prioritize customer satisfaction by delivering high-quality services and fostering strong community relationships. The company also remains committed to environmental responsibility, implementing sustainable practices across resource use, waste management, and overall environmental stewardship.
Mohamed Alabbar, Founder of Emaar, shared, “The results we’ve achieved in Q1 2025 underscore our bold approach to redefining the future of real estate. This is not just about financial growth—it’s about reshaping the way people experience living, working, and thriving in our communities. Our focus on long-term sustainability, cutting-edge design, and seamless customer experiences has allowed us to stay ahead of the curve, even in a rapidly changing market.”
Looking ahead, Alabbar emphasized the company’s dedication to innovation and excellence, saying, “Looking ahead, we are more committed than ever to fostering innovation in every aspect of our business. Our success in this first quarter is just the beginning, and we are ready to set new benchmarks in quality, connectivity, and community development, ensuring that Emaar continues to play a transformative role in Dubai’s vision for the future.”
