The net profit of five listed companies on the Dubai Financial Market increased by 36.33% during the first nine months of this year, reaching 24.99 billion dirhams, compared to 18.33 billion dirhams recorded in the same period of 2024. A review by 'Emirates Today', based on disclosures published on the Dubai Financial Market website, showed that the revenues of Emaar Properties, Emaar Development, Tecom, Deyar Development, and Union Properties grew by 38.97% to over 54.8 billion dirhams during the period from January to the end of last September, compared to approximately 39.43 billion dirhams during the same period last year, driven by strong growth in the real estate and tourism sectors. Emaar Properties topped the list, recording revenues of 33.1 billion dirhams by the end of last September, up from 23.79 billion dirhams recorded at the end of the same period last year, a growth of 39.14%. The company achieved a net profit of about 14.64 billion dirhams, compared to 11.04 billion dirhams, an increase of 32.6% compared to the same period of 2024, thanks to sustainable revenues amid the continuous rise in real estate sales and the growth of accumulated revenues from projects under construction. Emaar Properties also recorded pre-tax profits of 16.74 billion dirhams during the period from January to last September, compared to 12.42 billion dirhams, a growth of 34.78%. Emaar Development, majority-owned by Emaar Properties, maintained its strong momentum during the first nine months of this year, recording revenues of 17.64 billion dirhams, an increase of 41.39%, compared to 12.47 billion dirhams achieved by the company at the end of the same period last year. The company also recorded a growth in net profit of 45.71% to reach 8.7 billion dirhams, compared to 5.97 billion dirhams, while it recorded pre-tax profits of 9.78 billion dirhams, compared to 6.55 billion dirhams, a growth of 49.31%. Tecom Group, which owns and operates specialized business complexes focused on key sectors, achieved an increase in revenues at the end of last September of 20.16% to reach 2.11 billion dirhams, compared to 1.75 billion dirhams in revenues recorded by the group in the same period of 2024. The group's net profit increased by 18% to reach 1.11 billion dirhams, compared to 942.67 million dirhams, driven by increased occupancy rates, average rental value, improved operational efficiency, and strategic expansion of the commercial and industrial assets portfolio, while pre-interest, tax, depreciation, and amortization (EBITDA) profits increased by 20% to reach 1.7 billion dirhams. Deyar Development achieved a revenue increase of 39.06% from 1.04 billion dirhams at the end of the first nine months of last year to 1.447 billion dirhams at the end of the same period of 2025. The company recorded a growth in net profit in the period from January to last September of 23.73% to reach 406.4 million dirhams, compared to 328.46 million dirhams in the same period last year, while it recorded a net profit before deducting taxes, interest, and amortizations of 425.74 million dirhams, compared to 348.78 million dirhams, an annual increase of 22.06%. Union Properties' revenues increased by 31.81% to 512.86 million dirhams in the first nine months of this year, compared to 389.08 million dirhams in the same period last year, while the company's net profit increased by 161.99% to 139.22 million dirhams, compared to a profit of 53.14 million dirhams during the same period of 2024. Emaar Properties led with a net profit of 14.64 billion dirhams. Tecom's revenues increased by 20% to 2.1 billion dirhams.
Dubai Developers' Profit Growth
The net profit of five major Dubai developers increased by 36.33% in the first nine months of 2025, reaching 24.99 billion dirhams. The main growth is driven by the strong real estate and tourism sectors, with Emaar Properties leading the list with a profit of 14.64 billion dirhams.