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Emaar revenue rises 21% to AED23.9 billion
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Emirates 24/7 News
(File photo)DUBAI: Emaar Properties PJSC delivered a resilient performance during the first half of 2026, with revenue up 21 percent to AED23.9 billion (US$ 6.5 billion), EBITDA up 24 percent to AED12.9 billion (US$ 3.5 billion), and net profit before tax up 23 percent to AED12.8 billion (US$ 3.5 billion).
Property Sales recorded approximately AED26.6 billion (US$ 7.2 billion) during H1 2026.
Property sales reached AED4.2 billion (US$ 1.1 billion), while revenue stood at AED1.1 billion (US$ 0.3 billion), up 8 percent year-on-year, contributing approximately 4.6 percent of the Group's total revenue during H1 2026.
Emaar's hospitality, leisure, and entertainment portfolio remained a meaningful contributor in H1 2026, , generating revenue of AED1.6 billion (US$ 0.4 billion), while the Group’s hotels in the UAE achieved average occupancy of 60 percent during H1 2026.
Recurring revenue reached AED5.1 billion (US$ 1.4 billion), similar to H1 2025, while recurring revenue EBITDA sytood at AED4.0 billion (US$ 1.1 billion), similar to H1 2025.