By Address Point Properties | May 2026
Dubai’s Emaar Properties has delivered strong financial outcomes for the January-to-March period of 2026, underscoring persistent buyer appetite across the emirate’s property landscape. The developer disclosed pre-tax earnings of AED 7.2 billion for the quarter, marking a year-on-year improvement of one-third.
Top-line revenue expanded by nearly a quarter to AED 12.4 billion, while operational earnings before interest, taxes, depreciation and amortisation advanced by 34 per cent to reach the same AED 7.2 billion figure.
Sales Momentum Across Residential and Commercial Segments
Contracted property sales across Emaar’s portfolio totalled AED 22.4 billion during the three-month window, reflecting a 16 per cent increase against the comparable 2025 period. This growth was underpinned by consistent interest in both ready properties and projects offered prior to completion.
The company’s unrecognised revenue pipeline, representing sales agreements pending delivery, climbed to AED 163.4 billion, a rise of 29 per cent that offers insight into forthcoming income streams.
Emaar Development, the group’s domestic build-for-sale arm, accounted for AED 20.1 billion in sales, up 22 per cent year-on-year. The subsidiary’s revenue increased 36 per cent to AED 6.9 billion, with pre-tax profitability advancing 46 per cent to AED 4 billion.
Among the ten new initiatives introduced during the quarter was The Heights Country Club & Wellness, a residential master community designed around health-oriented living and environmental considerations.
Diversified Assets Contribute Steady Income
Emaar’s non-development operations continued to provide reliable cash flow. Leasing activity across its retail and commercial holdings generated AED 1.8 billion in income, a 15 per cent increase, with portfolio-wide occupancy holding near full capacity at 98 per cent.
Revenue from hospitality, leisure and entertainment activities remained broadly unchanged at AED 1 billion, though the company noted a moderation in March performance linked to regional factors. Taken together, recurring income from malls, hotels and commercial properties rose 7 per cent to AED 2.8 billion, accounting for roughly one-third of the group’s quarterly operational earnings.
Leadership Commentary and Economic Backdrop
Mohamed Alabbar, Founder and Chairman of Emaar Properties, characterised the quarterly outcomes as indicative of broader economic strength within the UAE. He highlighted the nation’s capacity to sustain growth momentum even amid external uncertainties affecting the wider region.
These results coincide with continued activity in Dubai’s real estate sector. Total transaction value across the emirate reached AED 176.7 billion in the first three months of 2026, with pre-completion sales maintaining pace and price appreciation settling into more measured territory. Market analysts anticipate annual gains of 6 to 10 per cent for premium and luxury residential assets during 2026, while more affordable segments are projected to experience modest increases.
In a separate corporate action, Emaar distributed AED 8.9 billion to shareholders during the quarter, equivalent to the full value of its issued share capital. This marks the second straight year the company has returned capital at this level.
Shareholding Adjustments
Recent changes to Emaar’s ownership structure saw Dubai Holding increase its stake in the developer to 29.73 per cent following the acquisition of a 22.27 per cent interest from the Investment Corporation of Dubai. The transaction, valued at approximately AED 23.9 billion, signals confidence in Emaar’s asset portfolio and future growth prospects.
Market Signals for Stakeholders
Emaar’s quarterly performance provides several reference points for those monitoring Dubai’s property environment:
- Persistent demand for residential units in established locations and integrated communities
- Continued investor and end-user confidence in off-plan offerings from reputable developers
- The stabilising effect of income-generating assets such as retail centres and hospitality venues
- The strategic advantage held by large-scale operators with diversified revenue models
Address Point Properties Viewpoint
At Address Point Properties, we assess performance data from major developers as one component of our broader market evaluation process. The results reported by Emaar for the opening quarter of 2026 reinforce the view that Dubai’s property market retains underlying strength, particularly for well-positioned, master-planned offerings.
For individuals and institutions seeking verified property opportunities across the UAE, our team delivers regulatory-compliant advisory services, transaction coordination and market intelligence grounded in current, authenticated sources.
Address Point Properties LLC is a licensed real estate brokerage operating in UAE. Information contained in this article is for general reference only and reflects verified data available as of May 2026. Prospective buyers and investors are advised to seek personalised guidance from a registered property consultant. Contact Address Point Properties at +971 2 666 7724 or visit www.approperties.ae.
