Tecom sees 95% occupancy levels across its business hubs in Dubai.
Last updated: August 01, 2025
Tecom has grown its portfolio through a mix of new investments as well as strategic buys.
Dubai: Rock solid occupancy levels for its many business hubs continue to drive profit growth for Dubai’s Tecom Group, with a spike of 22% to Dh737 million. It comes off a Dh1.4 billion revenue, which too was higher by over 20%.
The Tecom board of directors has now approved the interim cash dividend of Dh400 million for H1-2025.
A new dividend policy will be applied when it comes to Tecom’s H2-2025 payout to shareholders, which includes an expected 10% increase. This is subject to shareholders’ approval at the upcoming annual general assembly meeting.
“Our financial and operational growth in H1-2025 reflects the success of Tecom Group’s roadmap for long-term growth through our recent strategic investments and attracting new customers,” said Abdulla Belhoul, CEO of Tecom Group, which owns and operates the Dubai Internet and Media cities, Dubai Industrial City, Dubai Design District, among others.
Occupancy levels
Occupancy for the group’s ‘land lease’ portfolio has reached 99%, and ‘led by strong customer demand from the industrial sector’. Dubai Industrial City is reporting ‘strong occupancy rates, cementing its position as the region’s leading manufacturing and logistics hub’.
And in April, the tech platform PayPal opened its first regional headquarters at Dubai Internet City.
Occupancy across Tecom’s commercial and industrial portfolio closed at 95% in H1-2025.
