Dubai's Top Real Estate Firms Report 30% Profit Surge in H1 2026

Five prominent real estate companies listed on the Dubai Financial Market (DFM) demonstrated significant financial strength, with their combined net profits soaring by 30.26% to AED 18.98 billion in the first six months of 2026. This marks a substantial rise from AED 14.57 billion recorded in the same period of 2025.

Aggregate revenues for these companies — Emaar Properties, Emaar Development, TECOM Group, Diyar Development, and Al-Etihad Real Estate, also saw a robust increase of 24.32%, totalling more than AED 40.27 billion for H1 2026, up from approximately AED 32.39 billion in the previous year. This growth is primarily attributed to strong performance in the real estate and tourism sectors.

Leading Company Performances

Emaar Properties led the group, posting revenues of AED 23.91 billion by the end of June 2026, an increase of 20.57% year-on-year. The company's net profits reached approximately AED 11.15 billion, reflecting a 25.7% growth. This was driven by sustained revenue from real estate development, ongoing revenue-generating businesses, and international operations.

Emaar Development maintained strong momentum, with revenues rising by 34.34% to AED 13.34 billion. Its net profits saw an impressive 42.76% surge, hitting AED 6.71 billion, compared to AED 4.7 billion in H1 2025.

TECOM Group, known for its specialised business parks, recorded a 10.79% increase in revenues, reaching over AED 1.54 billion. The group's net profits grew by 9.11% to AED 804.6 million, spurred by increased demand for its assets and higher occupancy rates.

Diyar Development saw its revenues climb by 2.92% to AED 952.5 million, while net profits grew by 19.99% to AED 298.3 million.

Al-Etihad Real Estate Company reported the highest revenue growth percentage among the five, with a 67.7% increase to AED 529.3 million. Its net profits rose by 26.03% to AED 18.4 million during the first half of the year.