Dubai United Arab Emirates
Binghatti Reports 65% Profit Growth in Nine Months
Dubai, November 13, 2026 — Binghatti Holding reported a 65% year-on-year increase in net profit to AED 4.4 billion during the first nine months of 2026, surpassing its full-year 2025 earnings of AED 3.6 billion.
The Dubai-based real estate developer recorded a 66% surge in revenue to AED 14.9 billion, while property sales climbed 11% to AED 14.2 billion.
Binghatti completed five residential developments during the period, delivering approximately 2,600 units, with eight additional projects scheduled for completion by year-end.
The company's contracted revenue backlog reached AED 16.4 billion, reinforcing its development pipeline and long-term growth prospects in Dubai's property market.
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