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Dubai Investments posts Dh1.3B net profit before tax of for 2024
Khaleej Times
|March 17, 2025
Dubai Investments has announced a net profit before tax attributable to shareholders of Dh1.3 billion for the fiscal year ending December 31, 2024, compared to Dh1.07 billion during the same period last year, marking a 21 per cent increase.
Total income grew to Dh4.66 billion, mainly driven by the sale of properties amounting to Dh1.03 billion due to strong demand for real estate projects and efficient execution of the Danah Bay project on Al Marjan Island in Ras Al Khaimah and higher rental income due to occupancy levels maintained in DIP and acquisition of additional assets in Al Mal Capital REIT.
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