Amlak Finance’s revenues jump to 3.12 billion dirhams in 2025

The total revenues of Amlak Finance Company in 2025 increased to 3.12 billion dirhams, compared to 233 million dirhams in the fiscal year 2024. A company statement said: “This exceptional growth is mainly due to the sale of real estate, especially 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 in 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 989 million UAE dirhams, including profits. It also exited from the joint terms agreement, resulting in the lifting of all pledges, guarantees and mortgages.

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

For his part, CEO of Amlak Finance, Arif Al Bastaki, said that the results of 2025 represent a strong performance compared to the previous year.

He added: “In parallel, 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. We made progress in the exit process from our subsidiary in Egypt, and completed the exit process from our associate company in Saudi Arabia, and with a stronger balance sheet, we are in a good position that qualifies us to achieve disciplined growth, improve strategic results, and support Amlak’s priorities in the long term.”