Dubai’s property sector continues to demonstrate remarkable resilience as Binghatti Holding Ltd, a premier UAE real estate developer, announced extraordinary financial results for 2025. The company revealed a staggering 96% year-on-year surge in net profit, reaching Dh3.58 billion, alongside revenue that nearly doubled to Dh12.43 billion from Dh6.34 billion in the previous year.
The exceptional performance stems from multiple strategic factors including robust operating leverage, sustained sales momentum, accelerated project completions, and a diversified portfolio spanning mainstream, premium, luxury, and ultra-luxury property segments. CEO Katralnada BinGhatti attributed this success to Dubai’s strong market fundamentals and the company’s vertically integrated business model that ensures quality control while optimizing costs from design to delivery.
Dubai’s real estate market continues to outperform global counterparts, fueled by consistent population growth, increasing homeownership rates, and steady international capital inflows. Long-term development initiatives including the Dubai Economic Agenda D33 and Dubai 2040 Urban Master Plan further strengthen the city’s economic foundation and sustain housing demand.
According to Property Monitor data, Binghatti dominated Dubai’s off-plan market in December 2025, capturing a commanding 24.7% market share with 2,965 transactions across multiple developments. Key projects driving this performance included Binghatti Vintage in Majan (883 sales), Binghatti Titania (447 sales), and several other premium developments across Jumeirah Village Circle, Jumeirah Village Triangle, and Business Bay.
The company maintained impressive profitability metrics with 44% gross margin, 35% EBITDA margin, and 29% net margin. Financially, Binghatti strengthened its balance sheet significantly with total assets growing 92% to Dh24.37 billion and cash reserves reaching Dh8.84 billion, providing substantial liquidity for continued strategic expansion.
The year concluded with landmark achievements including the launch of Mercedes-Benz Places Binghatti City, the world’s first Mercedes-Benz-branded urban development, and the sale of the Middle East’s most expensive penthouse at approximately $150 million (Dh550.5 million), setting new benchmarks in ultra-luxury residential demand.