Scale is starting to show up in the numbers at Arada Developments
Sharjah-based master developer Arada’s group revenue jumped 170% y-o-y to AED 6.7 bn in 2025, reflecting a sharp rise in handovers and activity across its UAE communities, according to the developer’s full-year update. The developer booked AED 17.3 bn in property sales, nearly triple the prior year, after selling some 5.1k homes, up from 2.2k in 2024. UAE sales rose 199% y-o-y, driven by launches such as Akala in Dubai and Masaar 2 and 3 in Sharjah. Expansion into hospitality, F&B, and entertainment helped support its revenue mix.
Looking ahead: Arada is planning new launches in the UAE and Australia, as well as the UK, after it acquired a majority stake in a London developer last year alongside 80% of the USD 3.3 bn Thameside West development. It has an AED 130 bn global pipeline of around 55k units.
Sobha Realty also had a strong 2025
Dubai-based real estate firm Sobha Realty’s parent firm PNC Investments posted a 117.6% y-o-y jump in net income to AED 4 bn in 2025, up from AED 1.9 bn a year earlier, according to its financial statements (pdf). Revenue from contracts with customers rose 59.1% y-o-y to AED 14.2 bn.
IN CONTEXT- Sobha booked AED 15.6 bn in sales in 1H 2025 (+73% y-o-y), with a AED 27 bn backlog as of the end of the period, with expansion planned into Abu Dhabi’s Yas Island and Umm Al Quwain JVs. On the funding front, the developer tapped markets twice last year, including a USD 750 mn debut green sukuk following a USD 500 mn issuance in May, reinforcing liquidity as it scales delivery.
Sharjah Islamic Bank reports 25.7% jump in net income for 2025
Sharjah Islamic Bank (SIB) posted a net income of AED 1.3 bn last year, up 25.7% y-o-y, according to disclosures (here and here). Total operating income reached AED 2.5 bn, a 14% increase y-o-y, supported by growth in Islamic financing and fees. Net investment in Islamic financing rose 19.6% to AED 45.6 bn, and customer deposits increased 7.6% to AED 55.7 bn.
Dividends and rights issue: The board recommended a dividend of AED 0.2 per share, or 20% of paid-up capital. It also approved raising its capital by up to AED 1.1 bn by issuing as many as 1.1 mn shares priced at AED 1 each to support expansion plans.