Emaar Development Reports Strong Q1 2025 Financial Results
Emaar Development PJSC (DFM: EMAARDEV), the UAE’s leading property development company and a majority-owned subsidiary of Emaar Properties PJSC (DFM: EMAAR), has reported impressive results for Q1 2025 (January to March). This performance reflects the company’s dedication to operational excellence, innovation, and customer satisfaction.
Key Financial Highlights
- Revenue: Increased by 43% to AED 5 billion (US$ 1.4 billion).
- EBITDA: Increased by 48% to AED 2.5 billion (US$ 683 million); EBITDA margin of 50%.
- Net Profit before Tax: Increased by 49% to AED 2.8 billion (US$ 753 million), with a net margin of 55%.
Sales and Backlog Growth
- Property Sales: Emaar Development achieved property sales of AED 16.5 billion (US$ 4.5 billion), which is a 28% increase from AED 12.9 billion (US$ 3.5 billion) in Q1 2024.
- Backlog Revenue: The revenue backlog reached AED 100.1 billion (US$ 27.3 billion) as of March 31, 2025; this represents a 52% increase from Q1 2024.
Commitment to Excellence
- Customer Satisfaction: Emaar is dedicated to providing high-quality services and ensuring strong customer satisfaction through lasting relationships.
- Sustainability: The company remains focused on sustainable practices in resource management, waste reduction, and environmental stewardship.
Leadership Insight
Mohamed Alabbar, founder of Emaar, stated: “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 how 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 in a rapidly changing market.”
He added: “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.”
