Amlak Finance has offset its accumulated losses thanks to strong financial results in 2025, the firm said in a press release (pdf). Property sales from its Ras Al Khor plots gave an AED 2.1 bn boost, helping the firm close out the year with AED 1.5 bn in net income, up from AED 12.5 mn the year before.
Revenues from development properties also rose significantly, reaching almost AED 3 bn, compared to AED 72.4 mn the year before, while income from deposits and Islamic financing also ticked up, according to its financials (pdf).
ICYMI- 2025 was about rebalancing and redirection for Amlak. Toward the end of last year, Amlak settled its debt ahead of schedule, repaying AED 10.2 bn owed to 29 financiers since 2014 by utilizing proceeds from land asset sales. It has also been working to shed its non-core assets, with 2025 seeing Amlak sell its Egypt arm for AED 30.8 mn and exit its stake in Saudi-based Amlak International Finance Company for AED 197.3 mn.