TECOM Group, the creator of specialised business districts and vibrant communities, reported record revenues of AED2.9 billion ($789.65 million) for 2025, representing year-on-year (YoY) growth of 19%, alongside a 20% YoY increase in recurring net profit to AED1.5 billion ($408.44 million).

TECOM Group’s outstanding year-end performance was underpinned by strong and sustained growth across its commercial, industrial, and land portfolios, driven by consistent demand for the Group’s assets, improved occupancy rates, and a continued emphasis on operational efficiency, the group said.

Malek Al Malek, Chairman of TECOM Group, said: “TECOM Group maintained its strong growth and exceptional performance, reflecting the UAE’s and Dubai’s sustained economic momentum. The group concluded 2025 with record financial and operational results, achieving a recurring net profit of AED1.5 billion, a 20% increase YoY, and near-full occupancy rates across most of its business districts.

“In 2025, we continued to strengthen TECOM Group's portfolio, underpinned by our expansion strategy and strong financial position, while achieving best returns for our shareholders. Reflecting the strength of the results, the Board is proposing a 10% increase in the dividend for the second half of 2025 to AED440 million and setting an updated dividend framework for 2026, with an expected aggregate payout of AED880 million, subject to shareholder approval. This enhanced dividend outlook underscores our commitment to providing attractive and sustainable returns, supporting the UAE’s and Dubai’s position as a global hub for business and investments.”

Abdulla Belhoul, Chief Executive Officer of TECOM Group, said: “Our strong 2025 performance demonstrates the continued contributions of TECOM Group’s diverse ecosystems in driving economic growth across six strategic sectors, contributing to the UAE’s and Dubai’s appeal to global investors and talent.

“Our exceptional financial results for 2025 reflect the efficiency and resilience of our business model, as well as the effective implementation of the Group's expansion and sustainable growth plan. This was achieved through continued investment in expanding our asset portfolio through project development and strategic acquisitions, as well as enhancing operational efficiency and adopting a balanced approach to capital management. The Group witnessed record revenues of AED2.9 billion and an EBITDA of AED2.2 billion. The group's robust asset performance, sustained customer demand, and prudent cost management contributed to a significant growth across all business segments in 2025. We reaffirm our unwavering commitment to our crucial role as a strategic business enabler of Dubai and significant contribution to strengthening the city’s knowledge economy, while ensuring sustained and long-term shareholder value.”

Q4 2025 Financial Highlights:

Revenue for Q4 2025 increased by 16% YoY to AED745 million, contributing to the Group’s strong full-year position.

EBITDA noted YoY growth of 22% in Q4 2025 to reach AED559 million, with EBITDA margin expanding to 75% (+4 percentage point YoY). Recurring net profit for Q4 2025 demonstrated a substantial increase to AED367 million, marking YoY growth of 29%, while net profit reached AED975 million inclusive of the AED608 million impairment reversal.

Investments during FY 2025

TECOM Group invested over AED2.5 billion in strategic acquisitions and project developments through 2025 to fuel its long-term growth. In August 2025, the group invested AED1.6 billion to acquire 138 industrial land plots with a total area of 33 million sq ft in Dubai Industrial City, to meet the strong and growing demand within the industrial sector.

In December 2025, TECOM Group launched Phase 4 of its Innovation Hub project in Dubai Internet City to meet the growing demand for premium office spaces from global companies across promising economic sectors. With a gross leasable area of 263,000 sq ft and a total value of AED615 million, Phase 4 of this project further solidifies Dubai Internet City's position as a hub for leading global and regional technology companies.

Strong demand for premium commercial and industrial assets in Dubai is expected to continue in the near future, with a significant expected growth in the commercial office sector in 2026. Also, a 15%  increase is expected in both return on capital and rental rates, positioning TECOM Group favourably to leverage these market dynamics to achieve growth across its diversified asset portfolio.

Dividend

The Board of Directors has proposed, for approval at the upcoming Annual General Meeting, a cash dividend of AED440 million for the second half of 2025, representing a 10% increase compared to the dividend for the first half of 2025. Subject to shareholders’ approval, this dividend is expected to be paid in March 2026.

In conjunction with the full-year 2025 results, TECOM Group is also announcing an updated dividend policy for the financial year 2026. Under this policy, the company currently expects to distribute an aggregate cash dividend of AED880 million for 2026, to be paid in two equal instalments of AED440 million, with payments anticipated in August 2026 and March 2027, subject to the approval of the relevant Annual General Meetings and applicable regulatory requirements. - TradeArabia News Service