Emaar H1 2026 Results: AED 26.6 Billion in Sales and Record Profits

Emaar Properties announced its financial results for the first half of 2026 on August 7, recording property sales of AED 26.6 billion, revenue of AED 23.9 billion (up 21% year-on-year), and pre-tax profit of AED 12.8 billion (up 23%). The figures were released officially by the company and reported by Gulf News, Zawya, and TradeArabia.

Key Group-Level Figures (Consolidated)

Details are in the attached report.

Separately, in a statement reported by Reuters on the same day, the company noted that more than 51,000 residential units are currently under development in the UAE.

Emaar Development's Performance (UAE Build-to-Sell Operations)

As a segment within the group, Emaar Development — the arm responsible for developing and selling residential units in the UAE — recorded sales of AED 22.4 billion, revenue of AED 13.3 billion (up 34%), and pre-tax profit of AED 7.8 billion (up 41%). Consolidated UAE development operations (which include additional segments beyond Emaar Development) posted revenue of AED 17.7 billion (up 30%) and a backlog of AED 135.7 billion (up 6%).

Attentive readers will note that Emaar Development's Q1-2026-only sales growth (announced in May 2026) was proportionally higher than the full H1 growth figure — suggesting a slowdown in sales pace specifically during Q2. This point deserves a closer, separate read, which we cover in a dedicated Q2 performance analysis.

International Operations and Malls

• International operations: property sales of AED 4.2 billion, revenue of AED 1.1 billion (up 8%).
• Malls, retail and commercial leasing: revenue of AED 3.5 billion (up 9%), with occupancy at 98%.

How Should These Numbers Be Read?

The parallel growth in revenue and profit, alongside a widening backlog of AED 164.9 billion, reflects continued revenue recognition from previously sold projects still under construction — giving the company financial flexibility even if new sales slow temporarily. That doesn't necessarily mean every segment is growing at the same pace, as shown by the gap between Q1 growth and the full H1 result specifically for Emaar Development.

FAQ

What's the difference between Emaar Properties and Emaar Development? Emaar Properties is the parent company listed on the Dubai Financial Market, while Emaar Development is a separately listed subsidiary specifically responsible for developing and selling ready and off-plan residential units in the UAE.

What does "revenue backlog" mean? It's the financial value of units already sold but not yet fully recognized as revenue because the projects are still under construction or handover.

Does higher profit necessarily mean new sales are growing too? Not necessarily at the same pace. Profit can rise on the back of previously sold projects being delivered gradually, even if new sales slow in a given period — a distinction that deserves separate analysis.

Where do these figures come from? Emaar Properties' official financial statement released August 7, 2026, as reported by Gulf News, Zawya, and TradeArabia.

Investor Takeaway

The official results reflect a company sustaining strong profit growth and a broad project pipeline, but the headline figure alone doesn't capture the full market picture. We recommend reviewing our dedicated Q2 performance analysis before basing an investment decision on the annual growth headlines alone.

Want to know which new Emaar projects are currently available? Speak with a real estate advisor to review the options that fit your budget.

---

Author: Real Estate Investment Team — Muhalab Adam · Published: August 16, 2026 · Last updated: August 16, 2026 Sources: Emaar Properties official financial statement (August 7, 2026), Gulf News, Zawya, TradeArabia, Reuters.