Emaar Properties Posts Strong Q1 Profit Growth as Dubai Property Demand Remains Resilient

Emaar Properties reported a strong financial performance for the first quarter of 2026, recording a nearly 35% year-on-year increase in net profit despite ongoing regional uncertainty linked to tensions involving Iran.

According to the company’s statement to the Dubai Financial Market, net profit attributable to the owners of the parent company reached approximately Dh5 billion ($1.36 billion) during the three months ending in March. Revenue also climbed by 23% to Dh12.4 billion, reflecting continued demand across Dubai’s real estate sector.

The company’s development arm, Emaar Development, delivered particularly strong results, reporting profits of nearly Dh3 billion, marking a 52% annual increase. Property sales rose 22% to Dh20.1 billion, while revenue jumped 36% to Dh6.9 billion.

The results highlight the resilience of Dubai’s property market, which continues to attract regional and international investors despite geopolitical concerns across the Middle East. Analysts say strong demand for luxury residences, branded developments, and investor-friendly regulations have continued to support the emirate’s booming real estate sector.