Emaar Says Malls, Hotels and Development Projects Operating Normally Amid Regional Tensions

Mohamed Alabbar highlights Dubai’s resilience as strong sales growth and investor confidence drive continued momentum for the developer

Emaar Properties has confirmed that all of its malls, hospitality assets, and development projects are operating normally despite heightened geopolitical tensions in the region.

In a statement released on the Dubai Financial Market, where the company is listed, the developer said its operations across Dubai continue without disruption, supported by strong business continuity planning and close coordination with authorities.

“All Emaar communities, malls, hospitality assets, and development projects continue to operate normally, supported by comprehensive business continuity planning and close coordination with relevant authorities,” the company said.

The announcement comes amid a period of regional military escalation involving the United States, Israel, and Iran, with reports of Iran targeting Gulf countries with missiles and drones since the weekend.


Dubai Demonstrates Economic Resilience

According to Mohamed Alabbar, founder of Emaar, Dubai’s stability and resilience continue to underpin the strength of the company’s operations.

“The city continues to demonstrate resilience, supported by effective leadership, sound regulation, and a dynamic business environment,” Alabbar said.

“Our focus remains on disciplined execution, operational excellence, and delivering sustainable value for our shareholders and customers.”

Emaar is responsible for some of Dubai’s most iconic landmarks and master-planned communities, including the Dubai Mall, Burj Khalifa, Dubai Hills Estate, and Dubai Creek Harbour.


Property Sales More Than Double

The company reported a powerful start to 2026, with property sales in the United Arab Emirates reaching Dh17.2 billion during the first two months of the year.

This represents a 118 percent year-on-year increase compared with Dh7.9 billion recorded during the same period in 2025.

The strong performance follows a record-breaking year for the developer. In 2025, Emaar achieved its highest-ever property sales of Dh80.4 billion, alongside record revenue of Dh49.6 billion and net profit before tax of Dh25.7 billion.

“Emaar’s performance reflects the strength of Dubai’s economic vision and the confidence investors place in its stability and long-term prospects,” Alabbar said.


Strong Financial Foundations

As of December 31, 2025, Emaar reported a revenue backlog of Dh155 billion, providing a strong pipeline for future growth.

The company also highlighted the importance of diversified income streams across its portfolio. Recurring revenues generated from malls, hospitality, leisure, entertainment, and commercial leasing accounted for 32 percent of total EBITDA, reinforcing the company’s financial stability.

“With diversified income streams, strong liquidity, and disciplined cost management, Emaar remains well-positioned to sustain growth and contribute to the continued strength and resilience of Dubai’s capital markets,” the company said in its statement.


Confidence in Dubai’s Future

Despite regional geopolitical uncertainty, Emaar’s strong financial performance and operational continuity underscore the broader resilience of Dubai’s economy.

With iconic assets, diversified revenues, and sustained investor demand, the developer remains a key pillar of the emirate’s real estate sector and an important contributor to the strength of its capital markets.

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