Emaar Properties made a profit before tax of AED 19.8 billion in the first nine months of 2026, up 18% on the same period last year. Group revenue rose 13% to AED 37.5 billion, and property sales reached AED 34.7 billion.
The results, published on 5 November, cover the period to 30 September. The board also approved a one-off special dividend of AED 4.4 billion, or 50 fils a share. This is on top of the regular annual dividend.
01The nine months in figures
| Measure | Nine months to 30 September 2026 | Change on a year earlier |
|---|---|---|
| Group revenue | AED 37.5 billion | Up 13% |
| EBITDA | AED 19.7 billion (53% margin) | Up 19% |
| Profit before tax | AED 19.8 billion | Up 18% |
| Group property sales | AED 34.7 billion | — |
| Revenue backlog | AED 158.8 billion | Up 6% |
| UAE property sales (Emaar Development) | AED 26.2 billion | — |
| UAE development revenue backlog | AED 127.2 billion | — |
| International property sales | AED 8.5 billion | Up 5% |
Emaar Properties results statement, 5 November 2026.
02Launches, handovers and construction
Emaar launched 14 projects across its master-planned communities in the nine months. They include Serro, Serro 2 and Salva at The Heights Country Club and Wellness.
Other launches were Valia at Dubai Creek Harbour and Alva at The Valley. Separately, Emaar announced an AED 200 billion master plan in the first half of the year.
More than 4,800 homes were handed over in the UAE. Emaar said more than 80% of its active UAE projects were ahead of schedule at the end of September.
Emaar Development awarded 23 main construction contracts worth AED 13.5 billion. It also awarded 43 infrastructure contracts worth AED 4.3 billion.
03Emaar Development and the buyout
Emaar Development, the group's UAE build-to-sell arm, grew revenue by 26% to AED 22.2 billion. Its net profit rose 24% to AED 10.8 billion.
On the same day, Emaar Properties told the Dubai Financial Market that its board had approved the AED 15 a share cash offer for the Emaar Development shares it does not already own. Our earlier story sets out the offer.
04Land and recurring income
The group's land bank stands at about 604 million sq ft, of which 315 million sq ft is in the UAE. Malls and commercial leasing revenue rose 10% to AED 5.2 billion, with occupancy of about 98%.
Emaar said it will keep pacing new launches to market conditions. Its focus is on construction progress, handovers on time and its operating assets.
05What it means if you are buying
The backlog is revenue from homes already sold but not yet delivered. In the UAE it stands at AED 127.2 billion, which is the value of the handovers still to come.
The buyout does not change your sale contract. Neither statement mentions any change to payment plans or handover dates.
Check the basics before you pay. Confirm that the project and your unit are registered with the Dubai Land Department, and that payments go to the project's escrow account. You can browse current launches on our Emaar developer page.
ProjectsProjects in this story.
Serro at The Heights Country Club and WellnessEmaar Properties · from AED 6,000,000
Serro 2 at The Heights Country Club and WellnessEmaar Properties · from AED 6,000,000
Salva at The Heights Country Club and WellnessEmaar Properties · from AED 6,762,888
Valia at Dubai Creek HarbourEmaar Properties · from AED 1,960,000SourcesWhere this story comes from.
Sources
- Emaar Properties PJSC: Emaar's net profit before tax increased by 18% to AED 19.8 billion in the first nine months of 2026; revenue backlog stands at AED 158.8 billion, 5 November 2026
- Emaar Properties PJSC: Emaar Development's revenue rises 26% to AED 22.2 billion; net profit increases by 24% to AED 10.8 billion in the first nine months of 2026, 5 November 2026
- Emaar Properties PJSC: Disclosure to the Dubai Financial Market: board approval of the voluntary cash offer for Emaar Development PJSC, 5 November 2026
Corrections
- No corrections to this story. If something has changed or is wrong, tell us and we will correct it and log the change here.
6 Nov 2026, 07:34 GST · Reported by OffPlan Insider Newsdesk, checked against the developer's own material before publication.
