Dubai Investments records solid financial performance in Q1-25 backed by higher rental income - Mubasher Info

Dubai Investments
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Dubai – Mubasher: Dubai Investments delivered a solid overall financial performance in the first quarter (Q1) of 2025, generating net profits after tax valued at AED 167.18 million, compared to AED 112.36 million.

Basic and diluted earnings per share (EPS) amounted to AED 0.040 in Q1-25, versus AED 0.028 in Q1-24, as per the financial statements.

Total income hiked to AED 822.90 million in the first three months (3M) of 2025 from AED 791.88 million in the year-ago period.

The higher profits were primarily driven by higher rental income underpinned by stable occupancy levels under the property segment.

As of 31 March 2025, total assets grew to AED 22.27 billion as compared to AED 22.10 billion at the end of December 2024.

Khalid bin Kalban, Vice Chairman and CEO of Dubai Investments, commented: “The real estate sector continues to be a significant driver of the group’s profitability, and Dubai Investments expects this momentum to continue given the strong real estate demand in the UAE."

In 2024, the company’s net profits jumped to AED 1.20 billion from AED 1.13 billion in 2023.

Source: Mubasher Source: {{details.article.source}}