Overview
- Abu Dhabi Islamic Bank posted a record AED 7.1 billion net profit after tax for 2025 and proposed a 97 fils-per-share dividend worth AED 3.5 billion, alongside AED 281 billion in assets, AED 186 billion in financing and AED 229 billion in deposits.
- ADIB’s revenues rose 16% to AED 12.3 billion with return on equity at 29%, reflecting balanced growth in funded and non-funded income and continued customer acquisition.
- Dubai Commercial Bank reported AED 3.5 billion net profit after tax for 2025, marking 22 consecutive quarters of profit growth, with net loans surpassing AED 100 billion and total assets at AED 160.3 billion.
- Research from ValuStrat projects Dubai villa and townhouse prices to rise 17.7% in 2026 versus 7.4% for apartments, with apartments comprising an estimated 81% of about 131,234 new units; office capital values and rents are forecast to climb around 15% with 153,122 square meters added to reach roughly 9.94 million square meters of stock.
- Damac Chairman Hussein Sajwani said the company has 4,000 ‘mega’ of data-center capacity under construction and is targeting 6,000, citing projects in the US, Europe and Asia and an indicative cost of about $10 million per ‘mega’.