Last updated: May 23, 2025
Real estate remains a key driver of Dubai Investments’ profits
Dubai Investments recently posted its first-quarter results for the year, reporting a profit before tax of Dh185 million, up from Dh122 million in the corresponding period in 2024. The 52 per cent jump in profits for the diversified investment company came on the back of higher rental income from its property portfolio.
That’s not a surprise. Since the launch of its flagship development, Dubai Investments Park in 1997, right after its establishment in 1995, real estate has been the lynchpin of Dubai Investments’ success.
“The real estate sector continues to be a significant driver of the group’s profitability, and we expect this momentum to continue given the strong real estate demand in the UAE,” says Khalid Bin Kalban, Vice Chairman and CEO of Dubai Investments, while attributing the first-quarter results to the resilience of its diversified portfolio.
Khalid Bin Kalban, Vice Chairman and CEO of Dubai Investments
This solid performance follows an impressive 2024, where real estate contributed the bulk of the profit before tax of Dh1.3 billion. The sector accounted for a whopping Dh1.2 billion thanks to soaring rental income from high occupancy rates at Dubai Investments Park; property sales at upcoming projects; and acquisition of new assets by Dubai Investments’ subsidiary Al Mal Capital REIT.
It’s no wonder then that real estate makes up the major chunk of Dubai Investments’ assets – it was worth Dh15.7 billion while other sectors such as manufacturing, contracting and services along with investments added up to Dh6.4 billion at the end of 2024.
The beginning
Dubai Investments’ foray into real estate was as serendipitous as it was well planned. Envisioned as a location where the company could operate out of, Dubai Investments Park was designed as a first-of-a-kind, mixed-use development that could not only accommodate its manufacturing and industrial interests but also be a home to people and businesses, incorporating the best of elements from around the world.
Today, it is a self-contained city with residential buildings, offices, schools, hotels, hospitals and public parks. With more than 5,000 tenants spread across 2,300 hectares – 1,700 of which are leasable – it offers world-class infrastructure and houses warehouses, factories, and industrial facilities as well.
