Emaar Properties board approves Dh4.4bn special dividend

Emaar Properties disclosed a special dividend of Dh4.4 billion, equivalent to Dh0.5 per share, following a board meeting on September 16, 2026. The payout is in addition to the company's regular annual dividend and remains subject to shareholder approval at a general assembly and any required regulatory approvals, according to a filing to the Dubai Financial Market. The special dividend amounts to $1.19 billion at current exchange rates.

Dividend follows record 2025 results#

The special dividend follows a 100 per cent dividend payout of Dh8.8 billion approved by shareholders in March 2026. That payout followed 2025 results in which Emaar recorded Dh80.4 billion in property sales, representing a 16 per cent rise from 2024 levels. Revenue for the year totalled Dh49.6 billion, up 40 per cent from the prior year, according to the company's annual results. Ebitda for 2025 climbed 33 per cent to reach Dh25.6 billion, while net profit before tax came to Dh25.7 billion, up 36 per cent year on year.

Revenue backlog and future visibility#

The revenue backlog from property sales stood at Dh155 billion at the end of 2025, providing visibility for future revenue recognition according to the company. Emaar stated that further details on the record date and payment date for the special dividend will be disclosed in due course. The company did not specify the date of the general assembly at which shareholders will vote on the payout.

Board reviews additional proposals#

The board examined proposals for using the company's businesses to generate additional shareholder value, according to the disclosure. The board has requested further legal and financial analysis of certain proposals before seeking final approval. No details of the specific proposals under consideration were provided in the filing to the Dubai Financial Market.