Binghatti reports AED 2.66 billion net profit for 9M 2025, driven by record sales, new launches, and efficient project execution across Dubai.
DUBAI: Binghatti Holding Ltd has reported record-breaking financial results for the first nine months of 2025, posting a 145% year-on-year increase in net profit to AED 2.66 billion. This strong performance reinforces Binghatti’s status as one of the fastest-growing private real estate developers in Dubai.
The company’s revenue nearly tripled year-on-year to AED 8.96 billion, powered by high sales momentum, early project handovers, and a well-diversified portfolio. Gross profit rose 143% to AED 3.95 billion, while EBITDA climbed 139% to AED 3.28 billion. Binghatti also sold approximately 12,000 units in 9M 2025, making it the top-selling off-plan developer by volume.
CEO Katralnada BinGhatti stated, “Our performance this year reflects the strength of Dubai’s market fundamentals and our execution-driven business model. With 27 projects under development and 11 more in the pipeline, we continue to deliver scale and speed.”
Binghatti launched 11 new projects worth over AED 11 billion in GDV during the period, spanning more than 7,000 residential units. Its development pipeline, including 38 projects, totals around AED 75 billion and nearly 40,000 units.
The developer’s balance sheet remains strong, with assets up 73% to AED 22 billion and cash more than doubling to AED 7.7 billion. CFO Shehzad Janab highlighted their solid margins and efficient capital deployment, with a 30% net margin and prudent debt management.
With a growing presence in prime Dubai locations like Palm Jumeirah and Nad Al Sheba, and sustained end-user demand backed by the Dubai Economic Agenda D33 and 2040 Urban Plan, Binghatti is well-positioned for continued growth into 2026.
