Binghatti Holding Ltd recorded a net profit of AED 1.82 billion for the first half of 2025, reflecting a substantial 172 per cent rise from AED 668 million during the same period last year.
The UAE-based luxury real estate firm reported AED 8.8 billion in total sales, representing a 60 per cent year-on-year growth, while revenue soared by 189 per cent to AED 6.3 billion.
As of 30 June 2025, Binghatti’s revenue backlog stood at AED 12.5 billion, nearly doubling from AED 6.6 billion in the previous year.
Muhammad BinGhatti, Chairman of Binghatti Holding Ltd, commented: “The first half of 2025 has been marked by remarkable progress for Binghatti Holding. The sharp year-on-year rise in our net profit and revenue underscores the market’s trust in our unique business model, which centres on architectural innovation, rapid execution, and holistic value creation across the real estate value chain.”
He further noted: “As Dubai continues to draw global capital and affluent investors, our developments are increasingly appealing to a wider international clientele. The growing proportion of non-resident buyers highlights both our global reach and Dubai’s stature as a secure, high-growth investment hub.
Our move into regulated asset management through the launch of Binghatti Capital marks a strategic milestone, significantly enhancing how we structure and finance our growing portfolio. The acquisition of our megaproject site in Nad Al Sheba sets the stage for the next phase of our growth, which will focus on delivering thoughtfully designed master-planned communities that redefine luxury living.”
Binghatti Expands its Real Estate Footprint in Dubai
In the first six months of 2025, Binghatti launched seven new projects and completed four developments, delivering a total of 1,441 units to the market.
The developer currently has around 20,000 units under construction across 30 developments located in key districts such as Downtown, Business Bay, Jumeirah Village Circle, Al Jaddaf, Meydan, Dubai Science Park, Dubai Production City, and Sports City.
Non-resident investors represented 61 per cent of sales in the first half of 2025, up from 55 per cent a year earlier. The most active buyer groups were from India, Turkey, and China.
As part of its global outreach, the company inaugurated a sales office in London in July to strengthen its international presence.
