Dubai property developer Emaar Properties reported nearly 9 per cent annual increase in its second- quarter profit as revenue rose during the period despite uncertain geopolitical developments.
Net profit attributable to owners of the company for the three months to the end of June climbed to Dh3.7 billion ($1 billion), the company said in a filing on Friday to the Dubai Financial Market, where its shares trade.
Revenue for three-month period rose 18 per cent to Dh11.5 billion.
In the first half of 2026, net profit surged 22 per cent annually to Dh8.7 billion as revenue rose 21 per cent to nearly Dh24 billion.
Emaar said the results were underpinned by "disciplined execution across the group’s core businesses and the continued strength of Dubai's economic fundamentals".
"Amid a backdrop of global economic and geopolitical developments, the UAE's diversified, business-friendly environment continued to support confidence across Emaar's core markets," the developer said.
