Binghatti Holding Ltd, one of the UAE’s leading real estate developers, announced record-breaking financial results for the nine months ended 30 September 2025, underscoring its strong sales momentum, operational excellence, and disciplined financial management across a diversified development portfolio.

Revenue for the period nearly tripled year-on-year to Dhs 8.96 billion, compared with Dhs 3.77 billion in the same period last year, driven by accelerated project handovers, strong unit sales, and continued demand across its mainstream and premium mainstream segments. Gross profit surged 143% to Dhs 3.95 billion, while EBITDA climbed 139% to Dhs 3.28 billion, reflecting Binghatti’s scalable and efficient vertically integrated business model. Net profit rose 145% year-on-year to Dhs 2.66 billion, highlighting the company’s strong operating leverage and effective cost discipline.

During the third quarter alone, Binghatti generated Dhs 2.64 billion in revenue, up 67% from the previous year, with net profit more than doubling to Dhs 839 million. These results further reinforce Binghatti’s position as one of the region’s most profitable and fastest-growing private developers.

Operationally, Binghatti achieved approximately 12,000 unit sales during the first nine months of 2025, securing its place as Dubai’s top-selling real estate developer by units sold. The company launched 11 new projects during the period, representing a combined Gross Development Value (GDV) of around Dhs 11 billion, encompassing more than 7,000 residential units and over six million square feet of sellable area. Its revenue backlog stood at approximately Dhs 14 billion as of 30 September 2025, supported by strong demand from both domestic and international investors, who accounted for about 60% of total sales.

Binghatti’s total assets grew 73% year-to-date to Dhs 22 billion, while equity rose 84% to Dhs 5.8 billion. The company maintained a healthy debt-to-equity ratio of 1.2x, with cash and equivalents more than doubling to Dhs 7.7 billion, demonstrating prudent liquidity management.

The company further strengthened its financial profile through two highly successful sukuk issuances, including a USD 500 million dual-listed Green Sukuk, dedicated to funding sustainable developments under Binghatti’s Green Financing Framework.

As Dubai’s real estate market continues to expand, supported by the Dubai Economic Agenda D33, the Real Estate Strategy 2033, and the Dubai 2040 Urban Master Plan, Binghatti remains strategically positioned for sustained growth into 2026 and beyond through its commitment to innovation, efficiency, and design excellence