Profit Surges Driven by Real Estate and Manufacturing

Dubai Investments witnessed a robust performance in the first nine months, achieving a pre-tax profit of Dh1.09 billion, a significant 59% increase compared to the previous year. This growth was further highlighted by a strong third quarter, with profits reaching Dh550.44 million, more than doubling the figures from the same period in 2024. This financial success is attributed to increased rental income from the property portfolio, sustained growth in the manufacturing sector, and improved asset valuations within the investment portfolio.

The company's total assets have grown to Dh23.57 billion by the end of September, up from Dh22.01 billion at the end of the previous year. Equity attributable to shareholders also saw an increase, reaching Dh14.37 billion. According to Khalid Bin Kalban, Vice Chairman and CEO of Dubai Investments, this profitability surge is a result of the company's strategic focus on real estate and income-generating assets, coupled with disciplined execution and prudent asset management.

Dubai Investments is actively pursuing expansion in the real estate sector, with ongoing construction projects including Violet Tower, a residential tower and hotel at Danah Bay, and Asayel Avenue. In manufacturing, Emirates Float Glass is expanding its capacity with a new float line. Furthermore, Al Mal Capital REIT is expanding its portfolio with income-generating assets, including a healthcare investment.

The Group is also making strides internationally, with the completion of infrastructure works for Phase 1 of DIP Angola, attracting investor interest in its Africa platform. Dubai Investments plans to continue prioritizing scalable sectors, operational efficiencies, and long-term value creation in both domestic and international markets.