185 million dirhams, the quarterly profits for “Dubai Investment” before the tax

Dubai Investment Company achieved profits before the tax amounting to 185 million dirhams, during the first quarter of this year, an increase of 52%, compared to the same period last year.

The company said in a statement yesterday that the growth growth is mainly due to the high rental revenues, supported by the stable occupancy levels in the real estate sector.

Based on this positive path, Dubai Investment achieved an exceptional general performance during the first three months of 2025, as the total revenues for this period increased to 823 million dirhams, compared to 792 million dirhams for the same period in 2024, while the total assets reached 22.27 billion dirhams on March 31, 2025, compared to 22.10 billion dirhams on December 31, 2024.

“The exceptional performance witnessed in (Dubai Investment) during the first quarter of 2025, the group’s strategic vision and the flexibility of its diverse wallet from business,” said Khaled Bin Kalban.

He added: “The real estate sector maintains its leading position as a fundamental element that contributes to increasing the company’s profits, as we expect this growth to continue, in conjunction with the growing demand for the real estate market in the UAE.”