Binghatti Holding Ltd, one of the UAE’s leading real estate developers, announced record financial results for the year ended 31 December 2025, underscoring a defining year of growth marked by strong sales execution, accelerated project delivery and a significantly strengthened balance sheet.

Net profit surged 96% year-on-year to AED 3.58 billion, reflecting robust operating leverage, disciplined execution and sustained demand for Dubai real estate. Revenue nearly doubled to AED 12.43 billion, compared with AED 6.34 billion in 2024, driven by strong sales momentum, accelerated handovers and the continued success of Binghatti’s diversified portfolio across mainstream, premium, luxury and ultra-luxury segments.

Katralnada BinGhatti, CEO and Managing Director of Binghatti Holding Ltd, said:
“The year that just closed represents a defining period of growth for Binghatti and a clear validation of our strategy, execution discipline and differentiated approach to development. Our record profitability and revenue performance are a direct outcome of Dubai’s strong market fundamentals and the efficiency of our vertically integrated business model, which enables us to move rapidly from design to delivery while maintaining quality and cost control.”

He added:
“Throughout the year, we sustained strong sales momentum, accelerated project handovers and expanded our development footprint across key locations and segments, reflecting both the strength of demand and the market’s confidence in Binghatti’s delivery track record.”

Profitability remained robust in FY2025, with a 44% gross margin, 35% EBITDA margin and 29% net margin, highlighting the effectiveness of Binghatti’s cost-efficient, vertically integrated operating model.

Shehzad Janab, Chief Financial Officer, commented:
“FY2025 was defined by disciplined execution and a resilient operating model that continued to perform even as the business scaled rapidly. Our margin performance reflects both operational efficiency and a strategically balanced project portfolio.”

Balance sheet strength improved meaningfully during the year. Total assets increased 92% year-on-year to AED 24.37 billion, while cash balances rose to AED 8.84 billion, providing strong liquidity and financial flexibility to support continued growth.

The fourth quarter of 2025 marked a series of landmark milestones for the Group. Binghatti unveiled Mercedes-Benz Places | Binghatti City, the world’s first Mercedes-Benz branded city, reinforcing Dubai’s position as a global destination for design-led, lifestyle-driven communities. The Group also set a regional record with the sale of the Middle East’s most expensive penthouse, valued at approximately USD 150 million, at Bugatti Residences by Binghatti.

During the year, Binghatti further strengthened its capital-markets profile, with GlobalCapital naming its USD 500 million sukuk as CEEMEA Corporate Deal of the Year, reflecting strong international investor demand.

Supported by Dubai’s positive real estate fundamentals and long-term economic initiatives, Binghatti remains well positioned to sustain its growth trajectory into 2026 and beyond.