Earnings release
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FOR IMMEDIATE RELEASE EMAAR Emaar's Net Profit before Tax increased by 23 % to AED 12.8 billion ( US $ 3.5 billion ) ; Revenue Backlog reaches AED 164.9 billion ( US $ 44.9 billion ) in H1 2026 ; • Property sales reached AED 26.6 billion ( US $ 7.2 billion ) in H1 2026 Revenue increased by 21 % to AED 23.9 billion ( US $ 6.5 billion ) • EBITDA increased by 24 % to AED 12.9 billion ( US $ 3.5 billion ) - Dubai , United Arab Emirates 07 August 2026 : Emaar Properties PJSC ( DFM : EMAAR ) delivered a resilient performance during the first half of 2026 , with revenue up 21 % to AED 23.9 billion ( US $ 6.5 billion ) , EBITDA up 24 % to AED 12.9 billion ( US $ 3.5 billion ) , and net profit before tax up 23 % to AED 12.8 billion ( US $ 3.5 billion ) . Results were underpinned by disciplined execution across the Group's core businesses and the continued strength of Dubai's economic fundamentals . Amid a backdrop of global economic and geopolitical developments , the UAE's diversified , business - friendly environment continued to support confidence across Emaar's core markets . The Group remained focused on operational excellence , financial discipline , and long - term value for stakeholders . Building on its performance during the first quarter , Emaar continued to deliver balanced contributions across its development , recurring income , and international businesses . Supported by continued project execution , stable occupancy across its income - generating assets , and a substantial revenue backlog , the Group maintained solid financial fundamentals while continuing to advance its long - term strategic priorities . The strength of the Group's diversified business model and strong pre- sales pipeline positioned Emaar well to navigate market variability and capitalise on opportunities as conditions normalise . Key Highlights of the H1 2026 Results : • • • • Property Sales : Emaar recorded property sales of approximately AED 26.6 billion ( US $ 7.2 billion ) during H1 2026. The Company maintained strong pricing integrity and customer confidence across its master - planned communities and strategically timed project launches . Backlog Growth : Revenue backlog from property sales reached approximately AED 164.9 billion ( US $ 44.9 billion ) as of 30 June 2026 , reflecting an increase of 13 % year - on - year and providing strong visibility for future revenue recognition . Revenue Growth : Total revenue increased to AED 23.9 billion ( US $ 6.5 billion ) , marking growth of 21 % compared to H1 2025 , supported by healthy contributions across property development , retail , commercial leasing , and international operations . Profitability : EBITDA reached AED 12.9 billion ( US $ 3.5 billion ) , increasing by 24 % compared to the same period last year , reflecting continued operational discipline and portfolio strength . Net profit before tax increased to AED 12.8 billion ( US $ 3.5 billion ) , representing growth of 23 % year - on - year . Strategically Positioned Land Bank : Emaar continues to benefit from one of the region's largest and most diversified master - planned land banks , comprising approximately 590 million