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Home » Binhatti posts record results. Sales and net income almost doubled

Binhatti posts record results. Sales and net income almost doubled

adminBy adminFebruary 2, 2026 Finance No Comments3 Mins Read
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UAE – Binhatti Holding, the UAE’s leading property developer, announced record financial results for the year ended 31 December 2025, highlighting strong sales execution, disciplined deliveries and continued strengthening of the Group’s balance sheet.

Net profit increased 96% year-on-year to AED 3.58 billion ($974.81 million), reflecting strong operating leverage, efficient execution and continued strong demand for Dubai real estate.

The company’s sales nearly doubled year-on-year to AED 12.43 billion ($3.38 billion), compared to AED 6.34 billion in 2024, due to strong sales momentum, accelerated project handovers, and the continued success of Binhatti’s optimally diversified portfolio across mainstream, premium mainstream, luxury and ultra-luxury products, the company said.

In the fourth quarter of 2025, Binghatti maintained its strong momentum, closing the year with a series of breakthrough achievements that confirm its leadership in branded real estate, innovation, and access to capital markets. The group announced Mercedes-Benz Places | Binhatti City is the world’s first Mercedes-Benz branded city, furthering Dubai’s status as a global destination for design-led, lifestyle-driven communities.

Binhatti also set a new benchmark in ultra-luxury residential demand with the sale of the Middle East’s most expensive penthouse, valued at approximately $150 million, highlighting the pricing power and international appeal of the company’s brand portfolio.

Binhatti continued to strengthen its position in the capital markets throughout the year. In its 2025 review, GlobalCapital named Binghatti’s August 2030 $500 million 8.125% Sukuk as CEEMEA’s Corporate Deal of the Year, highlighting the deal’s 5x oversubscription, tight pricing, and the group’s market credibility. The issuance attracted approximately $2.5 billion in orders, with almost half of the allocation allocated outside the GCC, highlighting the broad appetite of international investors.

Binhatti’s fourth quarter milestone builds on the company’s performance in the first nine months of this year, when Binhatti achieved record levels of 5x oversubscription in its private sector sukuk and launched its first single and mixed development real estate funds through its DIFC-based investment management arm, Binhatti Capital.

“The just concluded year was a defining period of growth for Binhatti, a year that clearly validated our strategy, execution discipline and differentiated development approach. Our record profitability and revenue performance is driven by strong market fundamentals in Dubai and our “This is a direct result of the efficiency of our directly integrated business model, which allows us to move quickly from design to delivery while maintaining quality and cost control,” said Catralnada Bingatti, CEO and Managing Director.

“Throughout the year, we maintained strong sales momentum, accelerated project handovers and continued to expand our development footprint across key locations and segments, reflecting both the strength of demand and the market’s confidence in Binhatti’s delivery track record.”

CFO Shehzad Janab said, “FY2025 was defined by disciplined execution and a resilient operating model despite the rapid expansion of our business. Profitability remained strong, with gross margins of 44%, EBITDA margins of 35% and net margins of 29%. This performance highlights the strength of our vertically integrated model, our focus on cost efficiency and the results of our strategically balanced project portfolio.”

“The strength of our balance sheet also continued to improve meaningfully throughout the year. Total assets increased by 92% year-on-year to AED 24.37 billion, reflecting the scale-up of our development activities and continued expansion of our portfolio, while our cash balance increased by 8.2 billion. 840 million, providing a strong liquidity buffer and significant financial flexibility, ensuring we have sufficient liquidity to continue executing our market-beating growth strategy while maintaining strong financial discipline.”

Copyright 2026 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (Syndigate.info).



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