Monday, 17 March 2025
Trending
BusinessDubai

Dubai Investments Reports Strong Financial Growth with Dh1.3 Billion Net Profit

  • Net profit before tax rises 21% to Dh1.3 billion in 2024.
  • Total assets increase to Dh22.10 billion, driven by strong property sales.
  • Expansion plans focus on real estate, REIT portfolio, and strategic investments.

Dubai Investments has achieved significant financial growth in 2024, with a net profit before tax of Dh1.3 billion, reflecting a 21% increase from the previous year.

Looking ahead, Dubai Investments aims to expand its footprint in the UAE with new real estate projects and strengthen its investment portfolio in healthcare, AI, financial services, and education.

Dubai Investments Strengthens Market Position with Robust 2024 Growth

Dubai Investments has demonstrated resilience and strong financial performance, with a 21% rise in net profit before tax. The company attributes this success to increased property sales, high rental income, and strategic asset acquisitions, leading to a total asset base of Dh22.10 billion.

The group’s commitment to long-term sustainability is evident through its diversified investment approach, expanding beyond real estate into healthcare, AI, education, and financial services. These sectors are poised to play a crucial role in its future growth.

A major focus remains on the expansion of the Al Mal Capital REIT portfolio, reinforcing stable dividend returns for investors. Meanwhile, the upcoming Violet Tower project is progressing as planned, further cementing Dubai Investments’ position in the UAE’s real estate market.

Additionally, the company is actively evaluating IPO opportunities for select subsidiaries, aiming to enhance market presence and maximize shareholder value. A disciplined approach to portfolio optimization ensures continued efficiency and sustainable returns.

Dubai Investments’ strategic focus on real estate, REIT expansion, and impact-driven investments positions it for sustained growth. With a strong financial foundation, the company remains committed to long-term value creation and market leadership.

“The secret of success is to do the common thing uncommonly well.” — John D. Rockefeller

Related posts
Business

Employment Rights Bill: A Game Changer for Women in the Workplace

The bill strengthens maternity rights and makes flexible working the default. Women in…
Read more
DubaiKids

Dubai Launches Child Protection Framework to Strengthen Family Wellbeing

Dubai introduces a comprehensive Child Protection Framework, prioritizing child safety and…
Read more
AmericasBusiness

Ramadan Advertising in Morocco Reaches MAD 452 Million in 10 Days

Advertising spending during the first 10 days of Ramadan increased by 0.4% to MAD 452 million. TV…
Read more
Newsletter
Become a Trendsetter

To get your breaking, trending, latest news immediately without diluting its truthfulness join with worldmagzine immediately.

Leave a Reply

Your email address will not be published. Required fields are marked *

CelebrityTrending

Meghan Markle Launches Confessions of a Female Founder Podcast

Worth reading...