(Credit - WAM)
Emaar Revenue Surges 21% to AED23.9 Billion in H1 2026
Emaar Properties PJSC delivered a resilient performance during the first half of 2026, with revenue up 21 percent to AED23.9 billion. Local investors and property buyers are directly impacted by this development, as Emaar’s strong financial results reflect the company’s balanced contributions across its development, recurring income, and international businesses.
The company’s shopping malls, retail, and commercial leasing portfolio maintained its solid performance during the first half of 2026, contributing to the overall revenue growth. Emaar‘s property sales recorded approximately AED26.6 billion during the first half of 2026, with a revenue backlog of approximately AED164.9 billion as of June 30, 2026, providing strong visibility for future revenue recognition.
Mohamed Alabbar, founder of Emaar, attributed the company’s success to its discipline, consistency, and long-term approach, stating that Emaar’s role is to continue building destinations that reflect Dubai’s ambition while maintaining quality, innovation, and operational excellence.
The company’s master-planned land bank comprises approximately 590 million sq. ft. of mixed-use development opportunities, including approximately 316 million sq. ft. within the UAE, positioning Emaar for continued growth in the region. This development is connected to prior reports of Dubai’s growing real estate market, where Emaar has been a major player.
