Emaar Development reported a 49% increase in net profit for Q1 2026, reaching AED 3.5 billion ($953 million) compared to the same period in 2025. This growth was supported by a strong net profit margin of 51%, reflecting sustained demand for Dubai real estate and disciplined cost management.
Revenue for the first quarter grew by 36% year-on-year to AED 6.9 billion ($1.9 billion), while property sales rose 22% to AED 20.1 billion ($5.5 billion). Performance was driven by the launch of 10 new residential projects and robust interest across established master-planned communities.
The company’s revenue backlog reached AED 134.6 billion ($36.6 billion) as of March 31, 2026, representing a 35% increase over the previous year. This substantial backlog provides clear long-term visibility for future earnings, with approximately 53,000 units currently under development.
EBITDA grew by 47% to AED 3.7 billion ($1 billion) with an EBITDA margin of 54%, indicating high operational efficiency. Management highlighted the resilience of the UAE economy and continued investor confidence as primary factors enabling the expansion of its development pipeline.
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