Dubai Investments has wrapped up one of its strongest nine-month performances in recent years, posting a profit before tax of Dh1.09 billion, a sharp 59% jump compared to last year. The momentum was even clearer in the third quarter, with profit hitting Dh550.44 million, more than double the Dh256 million recorded in Q3 2024.
This growth was powered mainly by rising rental income across the company’s property portfolio, steady progress in its manufacturing arm, and improved valuations and income across its investment portfolio.
By the end of September, total assets climbed to Dh23.57 billion, compared to Dh22.01 billion at the close of 2024. Shareholder equity also inched up to Dh14.37 billion.
Khalid Bin Kalban, Vice Chairman and CEO of Dubai Investments, credited the strong results to the company’s continued focus on real estate and income-generating assets, combined with disciplined execution and strategic asset management. He added that the Group’s focus on scalable sectors and efficiency positions it well for long-term, sustainable growth.
A Strong Real Estate Pipeline
Real estate remains at the heart of Dubai Investments’ long-term expansion plans. Several major developments are underway, including:
- Violet Tower in Jumeirah Village Circle
- A residential tower and hotel at Danah Bay, Al Marjan Island
- Asayel Avenue at Mirdif Hills
Villa handovers at Danah Bay have already begun and will continue in phases as the community progresses.
Manufacturing Push and Global Expansion
The Group’s manufacturing business is also scaling up. Emirates Float Glass has begun expanding its capacity with a second float line at KEZAD, which will double output and introduce Ultra Clear low-iron glass to the market.
Al Mal Capital REIT is adding more income-generating assets, most recently acquiring NMC Royal Hospital in Dubai Investments Park.
Internationally, Dubai Investments achieved a major milestone with the completion of Phase 1 infrastructure at DIP Angola. Investor interest is already picking up, with several commitments across different zones.
Looking Ahead
Dubai Investments plans to stay focused on sectors that offer scale, operational efficiency and long-term value. Its mix of real estate, manufacturing and international expansion continues to strengthen its position, both in the UAE and abroad.