UAE Listed Developers Report Strong Profit and Revenue Growth in H1
Nine real estate companies listed on UAE stock exchanges saw their net profits rise by nearly 24% to AED 21.88 billion in the first half of this year, with total revenues increasing 21% to AED 66.92 billion.
Leading real estate developers across the UAE have demonstrated significant financial growth in the first half of this year. A report published by the semi-official daily Alittihad indicates that nine listed property companies recorded a substantial increase in both net profits and total revenues.
Overall Performance Highlights
Collectively, the net profits for these nine developers surged by nearly 24%, reaching AED 21.88 billion (approximately $6 billion) in the first half of 2026, up from AED 17.62 billion in the same period last year. Total revenues also saw a robust increase of 21% year-on-year, climbing to approximately AED 66.92 billion from AED 55.28 billion.
Performance by Emirate
In Abu Dhabi, four listed real estate companies posted a combined net profit of AED 6.55 billion in the first half, marking a 13.3% growth compared to AED 5.78 billion in the prior year. Their total revenue for the period expanded by approximately 16%, reaching AED 26.66 billion from AED 22.89 billion.
Dubai's five listed property companies recorded even stronger growth, with total net profits amounting to AED 15.33 billion. This represents a 29.5% increase from AED 11.83 billion in the first half of 2025. Revenues for these Dubai-based firms also grew significantly by 24.3%, exceeding AED 40.26 billion, up from AED 32.39 billion in the first half of the previous year.
Top Performers
Among the companies, Aldar Properties led in Abu Dhabi, reporting profits of AED 4.2 billion in H1 2026, an increase from AED 3.6 billion in H1 2025. In Dubai, Emaar Properties topped the list with profits of approximately AED 8.57 billion, compared to nearly AED 7.08 billion in the same period last year.
The report attributes Dubai's growth to strong real estate demand, expansion into new projects, and significant growth in the emirate's real estate and tourism sectors.
Questions, answered
- What was the total net profit for UAE listed real estate developers in H1 2026?
- The nine listed real estate companies collectively achieved a net profit of AED 21.88 billion in the first half of 2026, representing a nearly 24% increase compared to the same period in the previous year.
- How much did total revenues increase for these developers?
- Total revenues for the nine listed developers rose by 21% year-on-year, reaching approximately AED 66.92 billion in the first half of 2026.
- Which emirate saw a higher percentage growth in net profits?
- Dubai-based developers recorded a 29.5% increase in net profits, reaching AED 15.33 billion, which was higher than Abu Dhabi's 13.3% growth to AED 6.55 billion.
- Which companies were the top performers in terms of profits?
- Aldar Properties was the top performer in Abu Dhabi with AED 4.2 billion in profits, while Emaar Properties led in Dubai with approximately AED 8.57 billion in profits during the first half of 2026.
- What factors contributed to Dubai's strong performance?
- Dubai's growth was primarily supported by robust demand for real estate, expansion into new projects, and significant growth in both its real estate and tourism sectors.
This brief was summarised and rewritten by Gaia Living from public reporting. Figures and details reflect the original sources.
More in Market Data
- Market DataDubai Off-Plan Market Sees High Absorption: 75.5% of Under-Construction Homes Already Sold
- Market DataDubai Completes 104 Real Estate Projects Valued at Over AED 111 Billion in H1 2026
- Market DataUAE Property Market Embraces Tech: Tokenisation, AI, Digital Platforms, and Smart Air Quality to Transform H2 2026
- Market DataDubai Commercial Property Transactions Soar to Dh65.2 Billion in H1 2026