3.12 billion dirhams in Amlak Finance revenues during 2025

Amlak Finance’s total revenues increased to 3.12 billion dirhams, compared to 233 million dirhams in fiscal year 2024.

A company statement said, “This exceptional growth is mainly due to the sale of real estate, in particular the completion of the deal to sell lands in the Ras Al Khor area in July 2025, which achieved total revenues of 2.9 billion dirhams and profits of 2.14 billion dirhams during the year.”

The company achieved a net profit after income tax of 1.47 billion dirhams for the year ending December 31, 2025, compared to a net profit of 12 million dirhams for the same period of the year 2024.

The company’s operating costs decreased during the year by 9%, reaching 92 million dirhams, compared to 101 million dirhams in the same period last year.

Thanks to the strong profitability recorded during the year 2025, the company was able to fully compensate for its accumulated losses and achieve retained profits at the end of the year, for the first time in 15 years.

During the year 2025, the company fully paid its financial obligations to six financiers, with a total of AED 989 million, including profits. It also exited the joint terms agreement, resulting in the lifting of all pledges, guarantees, and mortgages.

Jamal Hamid Thani Butti Al Marri, Chairman of the Board of Directors of Amlak Finance, said that the year 2025 represented a turning point in Amlak’s journey, and in the next stage we will focus on creating long-term sustainable value.

For his part, CEO of Amlak Finance, Arif Al Bastaki, said that Amlak’s results for 2025 represent a strong performance compared to the previous year, and this was driven by the efficiency of controlling costs and monetizing strategic assets, most notably the sale of lands in the Ras Al Khor area. In parallel with this, we strengthened the capital structure by settling our obligations with major financiers and ending the joint terms agreement, which contributed to simplifying our business and enhancing our financial flexibility, and we made progress in the process of exiting our subsidiary. In Egypt, we completed the exit from our associate company in Saudi Arabia, and with a stronger balance sheet, we are well positioned to achieve disciplined growth, improve strategic results, and support Amlak’s long-term priorities.