06/08/2025 07:14 AST
Dubai Investments, a leading diversified investment company listed on the Dubai Financial Market (DFM), has reported profit before tax of AED546.28 million ($148.73 million) for the six-month period ended June 30, 2025, compared to AED431.68 million during the corresponding period in the previous year.
For the three-month period ended June 30, the profit before tax was reported at AED361.39 million, up from AED309.34 million during the corresponding period in 2024.
he higher profitability was driven by strong performance across the group's core business segments, particularly real estate and manufacturing. The real estate segment demonstrated strong performance underpinned by consistent and growing rental income.
The group's total assets increased to AED22.74 billion as of June 30, compared to AED22.10 billion as of December 31, 2024. Equity attributable to the owners of the company stood at AED13.89 billion as of June 30, compared to AED14.11 billion as of December 31, 2024. The group also reported a total income of AED1.89 billion for the six-month period ended June 30, 2025, compared to AED2.03 billion during the corresponding period in 2024.
Khalid Bin Kalban, Vice Chairman and CEO of Dubai Investments, commented: "Dubai Investments' performance in the first half of 2025 underscores the strength of its diversified portfolio and strategic focus on value-accretive sectors. Real estate continues to be a key contributor, supported by a stable rental portfolio and progress on high-potential development projects. At the same time, the group's manufacturing businesses have benefitted from operational efficiencies and sustained demand, reinforcing their role as essential growth pillars."
Outlook
Looking ahead, Dubai Investments remains focused on accelerating growth across its core sectors, particularly real estate and financial services, the company said.
The second half of 2025 will see continued progress on key projects, with Asayel Avenue at Mirdif Hills entering the early construction phase following its groundbreaking in June 2025. The phased handover of villas at Danah Bay on Al Marjan Island, Ras Al Khaimah, is progressing steadily, reinforcing the Group's commitment to timely delivery and quality execution. The Violet Tower project in Jumeirah Village Circle (JVC) is progressing as scheduled, with approximately 26% of construction completed and an expected completion date in Q2 2026.
The Follow-On Public Offering (FPO) of Al Mal Capital REIT reflects strong investor confidence and underscores the Group's long-term strategy to scale income-generating platforms, positioning the REIT for continued expansion across resilient sectors such as education, healthcare, and industrial real estate, it said.
"With a robust pipeline and a clearly defined strategic direction, Dubai Investments is poised to broaden its market presence, enhance shareholder value, and deliver long-term sustainable returns," the company added.
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