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Home»Business»TECOM Group revenue jumps 18% to $300m as $1.2bn Dubai enlargement drives development
Business

TECOM Group revenue jumps 18% to $300m as $1.2bn Dubai enlargement drives development

VernoNewsBy VernoNewsNovember 1, 2025No Comments3 Mins Read
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TECOM Group revenue jumps 18% to 0m as .2bn Dubai enlargement drives development
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TECOM has recorded nine-month revenues exceeding AED2.1bn ($572m), a 20 per cent year-on-year improve, and web revenue of greater than AED1.1bn ($299m), up 18 per cent YoY.

The efficiency was pushed by larger occupancy, rising rental charges, improved operational efficiencies, and portfolio enlargement throughout premium business and industrial belongings.

Abdulla Belhoul, CEO of TECOM Group, stated the corporate’s “strong monetary and operational efficiency for the primary 9 months of 2025 displays our agility in navigating market dynamics and a disciplined give attention to delivering buyer worth.”

He added that the Group’s AED4.3bn ($1.17bn) strategic enlargement plan since final yr and sustained demand for its premium belongings had strengthened TECOM Group’s contribution to Dubai’s pro-business panorama.

“Our efficiency reinforces TECOM Group’s main contribution in direction of Dubai’s pro-business panorama and attractiveness to international traders as our roadmap for sustainable development creates long-term shareholder worth.”

TECOM nine-month monetary highlights

  • Income: up 20 per cent YoY to greater than AED2.1bn ($572m), pushed by acquisitions, larger occupancy and elevated rental charges
  • Occupancy: Industrial and Industrial portfolio rose 2 per cent YoY to 96 per cent; Land occupancy elevated 8 per cent to 98 per cent, reflecting sustained demand for Grade-A places of work, logistics services and industrial land
  • EBITDA: up 20 per cent YoY to AED1.7bn ($463m) with a 79 per cent margin, supported by income high quality and value effectivity
  • Web revenue: grew 18 per cent YoY to greater than AED1.1bn ($299m)
  • Funds from operations (FFO): rose 16 per cent YoY to AED1.5bn ($409m), led by stronger income-generating belongings and constant collections

Q3 2025: sustained momentum throughout portfolios

  • Income: up 19 per cent YoY to AED724m ($198m)
  • EBITDA: up 13 per cent YoY to AED563m ($153m), with a 78 per cent margin
  • Web revenue: up 10 per cent YoY to AED373m ($98m), supported by sturdy leasing and prudent monetary administration

Industrial portfolio

In August 2025, TECOM Group accomplished an AED1.6bn ($436m) acquisition of 138 land plots spanning 33m sq ft in Dubai Industrial Metropolis to satisfy rising demand within the manufacturing and logistics sectors.

The funding lifts TECOM Group’s complete Land Lease portfolio to over 209m sq ft and enhances Dubai Industrial Metropolis’s skill to serve new and present tenants amid fast enlargement within the UAE’s industrial base, supported by Operation 300bn, Make it within the Emirates, and the Dubai Financial Agenda D33.

Together with this deal, the Group’s strategic investments complete AED4.3bn ($1.17bn) since final yr, reinforcing its roadmap for long-term shareholder worth and sustainable development.

Dividend commitments fulfilled

TECOM Group stated it had accomplished its AED400m ($109m) dividend fee for H1 2025, concluding AED2.4bn ($654m) in complete dividends over three years — fulfilling the AED800m ($218m) annual distribution promised at itemizing in 2022.

TECOM Group’s sturdy outcomes spotlight Dubai’s continued management in attracting Greenfield FDI tasks and reaffirm the emirate’s repute as a worldwide hub for innovation, business, and funding.

The Group stated it stays targeted on enhancing asset efficiency, sustaining disciplined capital administration, and supporting Dubai’s strategic ambition to be among the many world’s most business-friendly cities.

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