1. United Arab Emirates Stocks

  2. •

    Finance

  3. •

    Real estate development
Emaar Development PJSC

Emaar Development PJSC

DDFM:EMAARDEV
12.50
AED
-0.22
(-1.73%)
55.28BMarket Cap
Nov 16Next Earn
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.78
1.31
1.72
2.22
3.86
3.19
2.44
3.9
2.89
2.98
4.79
6.87
- -
Basic EPS, GAAP
0.32
0.44
0.53
0.69
0.98
0.68
0.41
0.81
0.95
1.66
1.91
2.83
- -
Free Cash Flow per Basic Share
0.88
0.55
-0.01
0.2
-0.46
-0.59
0.11
1.05
2.15
2.44
2.74
5.26
- -
Dividend per Share
- -
- -
0.03
1.03
0.29
0.46
0.23
0.33
0.15
0.52
0.52
0.68
- -
Book Value per Share
0.68
1.07
1.69
1.27
1.99
2.4
2.81
3.62
4.57
5.71
7.1
9.32
9.71
Tangible Book Value per Share
0.68
1.07
1.69
1.27
1.99
2.4
2.81
3.62
4.57
5.71
7.1
9.32
9.71
Basic Weighted Avg Shares
4,000
4,000
4,000
4,000
4,000
4,000
4,000
4,000
4,000
4,000
4,000
4,000
4,000
Sales/Revenue/Turnover
3,140
5,253
6,899
8,863
15,433
12,746
9,758
15,602
11,541
11,921
19,147
27,486
- -
Operating Margin (%)
42.94
33.96
33.11
35.15
35.27
28.2
22.27
26.16
34.26
60.6
47.25
48.82
- -
Depreciation Expense
- -
- -
11
14
16
26
19
12
10
13
8
14
11
Net Income, GAAP
1,276
1,742
2,112
2,743
3,901
2,700
1,657
3,244
3,808
6,629
7,633
11,316
- -
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
4.78
12.17
- -
Profit Margin (%)
40.63
33.16
30.62
30.94
25.28
21.18
16.98
20.79
33
55.61
39.87
41.17
- -
Working Capital
-2,316
-624
1,405
620
1,142
-1,512
-1,806
-3,825
-201
7,215
11,295
16,958
16,948
LT Debt
- -
- -
- -
3,921
3,931
3,763
3,669
199
850
4
4
16
14
Total Equity
3,067
4,839
7,516
6,200
10,667
12,354
13,500
16,415
20,072
26,471
31,615
41,285
43,991
Return on Invested Capital (%)
- -
45.13
36.98
35.33
44.04
23.41
13.04
22.13
19.46
30.46
29.41
31.16
- -
Return on Capital (%)
- -
38.93
28.93
25.02
18.81
13.92
8.42
12.74
17.35
20.63
20.25
25.14
- -
Return on Common Equity (%)
- -
49.58
38.26
46.34
59.89
30.78
15.9
25.2
23.23
32.23
29.8
34.47
- -

Capital Structure

AED

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
- -
- -
- -
LT Borrowings
4
4
4
LT Finance Leases
12
13
11
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
4,000
4,000
4,000
Market Capitalization
60,600
54,000
55,280

Working Capital

AED

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
55,567
63,202
62,287
Cash, Cash Equivalents & STI
41,310
46,813
45,963
Accounts Receivable, Net
1,207
1,256
1,311
Inventories
- -
- -
- -
Total Current Liabilities
38,610
48,264
45,338
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

AED

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
26.07%
25.15%
30.58%
Free Cash Flow
-158.91%
220.75%
92.24%
Net Income, GAAP
27.45%
50.12%
48.25%
Sales/Revenue/Turnover
23.44%
28.26%
43.55%
Total Cash Common Dividend
- -
53.16%
30.64%

Quarterly Revenue

AED

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3,507
3,831
5,140
6,668
19,147
2025
5,024
4,905
- -
9,842
27,486
2026
6,856
6,480
- -
- -
- -

Quarterly Earnings Per Share

AED

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.32
0.3
0.52
0.77
1.91
2025
0.48
0.46
- -
1.08
2.83
2026
0.73
0.66
- -
- -
- -

Quarterly Dividends Per Share

AED

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.52
2025
- -
- -
- -
- -
0.68
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Amit Jain
Full Time Employees
8
Sector
Finance
Industry
Real estate development
Address
Dubai Hills Business Park Building 1 Dubai DU United Arab Emirates
IPO Date
Nov 22, 2017
Website
emaar.ae
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Business
Emaar Development PJSC Emaar Development PJSC serves as a premier developer of luxury residential and commercial build-to-sell properties in the United Arab Emirates, focusing on iconic freehold master-planned communities in Dubai such as Emirates Living, Downtown Dubai, Dubai Marina, Arabian Ranches, Dubai Creek Harbour, Dubai Hills Estate, Emaar South, Rashid Yachts & Marina, The Valley, The Oasis, Emaar Beachfront, and Grand Polo Club and Resort; its core offerings encompass high-end apartments, villas, townhouses, plots of land, and commercial units across diverse segments including waterfront residences, golf course communities, and marina developments, complemented by development management services, property leasing, and investment in real estate enterprises. Founded in 1997 and headquartered in Dubai, the company operates primarily within the UAE market, targeting international residents, high-net-worth individuals, millennials, and local buyers seeking integrated lifestyles that blend living, leisure, and urban amenities; as a subsidiary of Emaar Properties PJSC, it maintains a substantial gross land bank of 367 million square feet and has delivered over 79,000 residential units since inception, with 42,000 units currently under construction. In 2024, Emaar Development PJSC achieved record property sales of AED 65.4 billion, a 75% increase from the prior year, alongside revenue of AED 19.1 billion and a revenue backlog of AED 90.9 billion; the company launched over 62 new projects, strategically acquired 141 million square feet of prime development land valued at AED 96 billion in projected development potential, and enhanced its partnerships through joint ventures and development agreements with government-related entities including Dubai Holding, Dubai Aviation City Corporation, P&O Marinas, and Mina Rashid Properties, while fully consolidating key assets like Dubai Creek Harbour and introducing a refreshed dividend policy with a 31% payout increase to AED 2.72 billion.