Emaar Q2 profit rises despite regional tensions
Dubai-listed Emaar Properties posted a 9 per cent increase in second-quarter net profit attributable to shareholders, reaching AED 3.67 billion, as property demand and recurring income businesses helped the developer withstand geopolitical disruption across the region. The April-June performance extends a strong start to 2026 for one of Dubai’s largest listed property groups, although the quarter…
Dubai-based Emaar Properties reported a notable 9% increase in net profit for the second quarter, reaching AED 3.67 billion, as property demand and recurring income helped the developer navigate geopolitical challenges. Despite regional conflict affecting investor sentiment and disrupting travel, Emaar's resilience shone through.
The quarter followed a strong start to 2026, with property sales increasing by 16% to AED 22.4 billion and revenue rising 23% to AED 12.4 billion. Emaar's diversified business portfolio, including malls, commercial leasing, hospitality, and international developments, contributed to its financial strength. Residential property sales, while showing signs of cooling, remained robust in the high-end market.
Emaar's international subsidiary also performed well, with AED 20.1 billion in property sales, representing a 22% year-on-year increase.
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