Strong Financial Growth Driven by Expansion
TECOM Group has reported outstanding financial results for the first nine months of 2025, with a net profit exceeding AED1.1 billion (around $299 million). The group’s total revenue rose to over AED2.1 billion, marking a 20 percent increase compared to the previous year. This strong performance highlights the company’s ability to sustain growth through effective management, portfolio expansion, and rising demand across Dubai’s industrial and commercial sectors.
The financial success was largely driven by higher occupancy rates, increased rental income, and enhanced operational efficiencies. These results confirm TECOM Group’s pivotal role in supporting Dubai’s ongoing economic diversification and industrial transformation.
Continued Momentum Across Business Segments
TECOM Group’s earnings before interest, tax, depreciation, and amortization (EBITDA) reached AED1.7 billion, showing a 20 percent year-on-year increase, with an impressive EBITDA margin of 79 percent. Funds from operations (FFO) grew by 16 percent, reaching AED1.5 billion. This growth was supported by consistent collections, strong performance of income-generating assets, and improved revenue quality.
These results demonstrate the group’s consistent ability to generate stable cash flow and optimize its asset portfolio. Demand for high-quality office and industrial spaces in Dubai remains strong, further boosting TECOM Group’s performance and solidifying its position as one of the region’s key business enablers.
CEO Highlights Strategic Vision and Market Agility
Abdulla Belhoul, Chief Executive Officer of TECOM Group, said that the group’s financial results reflect its resilience and disciplined focus on delivering customer value. He noted that the company’s success is tied to its strategic expansion and agility in responding to changing market dynamics.
Belhoul emphasized that the group’s AED4.3 billion strategic expansion plan, launched last year, continues to fuel growth. This expansion aligns with Dubai’s global leadership in attracting Greenfield foreign direct investment (FDI) projects, further enhancing TECOM Group’s long-term outlook.
Impressive Third-Quarter Performance
In the third quarter of 2025, TECOM Group achieved revenues of AED724 million, reflecting 19 percent growth compared to the same period last year. The net profit for the quarter reached AED373 million, up 10 percent year-on-year.
This performance reflects the group’s ability to sustain momentum across multiple quarters. The growth in Q3 also underscores the success of its strategy to combine increased occupancy with higher rental rates and efficient cost management. TECOM Group’s continued profitability showcases its strong financial discipline and adaptability to evolving business environments.
Expanding Industrial Footprint in Dubai
A significant milestone during 2025 was TECOM Group’s AED1.6 billion investment in acquiring 138 land plots spanning 33 million square feet in Dubai Industrial City. This strategic expansion is aimed at meeting the growing demand for industrial, manufacturing, and logistics facilities in the UAE.
Following this acquisition, TECOM Group’s total land lease portfolio has expanded to more than 209 million square feet, strengthening Dubai Industrial City’s position as one of the largest industrial and logistics hubs in the region. This expansion reinforces Dubai’s attractiveness to global manufacturing and logistics companies seeking to establish or expand their operations.
The move is closely aligned with the UAE’s national industrial initiatives, including Operation 300bn, Make it in the Emirates, and the Dubai Economic Agenda D33. These initiatives aim to enhance the country’s industrial capabilities and boost the contribution of the manufacturing sector to the economy.
Strengthening Dubai’s Industrial and Manufacturing Ecosystem
By expanding its land portfolio, TECOM Group is contributing significantly to Dubai’s industrial development. The additional space will enable more companies to set up operations in Dubai Industrial City, fostering job creation, innovation, and economic diversification.
This investment also enhances the infrastructure that supports global supply chains, helping to position Dubai as a regional hub for trade, logistics, and production. TECOM Group’s efforts align with the emirate’s long-term vision of building a sustainable and innovation-driven economy.
Focus on Shareholder Returns and Financial Strength
In addition to its operational success, TECOM Group remains committed to creating consistent value for its shareholders. The group recently completed a final dividend payment of AED400 million for the first half of 2025, fulfilling its commitment to distribute AED800 million per year.
With this payment, TECOM Group’s total dividend distribution has reached AED2.4 billion over three years, since its public listing in 2022. This consistent dividend policy underscores the group’s financial stability, profitability, and confidence in its growth strategy.
The company’s strong balance sheet and high level of recurring income from long-term leases allow it to maintain generous shareholder payouts while continuing to invest in strategic growth opportunities.
A Roadmap for Sustainable Growth
TECOM Group’s long-term strategy focuses on sustainable expansion, digital transformation, and operational efficiency. The group’s AED4.3 billion investment plan has been instrumental in broadening its portfolio and increasing the value of its income-generating assets.
By focusing on diversification, TECOM Group has managed to reduce its exposure to market volatility while maintaining high occupancy levels and a stable cash flow. Its business model integrates real estate development, business support services, and community management, offering clients a complete ecosystem for growth.
The group’s commitment to innovation also includes incorporating smart technologies and sustainable design in its assets. These steps support Dubai’s broader sustainability goals and reinforce the emirate’s position as a forward-thinking business hub.
Outlook for 2026 and Beyond
Looking ahead, TECOM Group is well-positioned to continue driving Dubai’s economic growth and attracting new investment across various sectors. With Dubai’s ongoing success in drawing international companies and entrepreneurs, demand for premium commercial and industrial spaces is expected to remain strong.
The group plans to maintain its momentum by expanding its portfolio, improving service quality, and leveraging data-driven insights to enhance customer experience. It also aims to contribute to the UAE’s broader economic diversification strategy by supporting industrial, creative, and innovation-led sectors.
TECOM Group’s leadership in the business infrastructure space and its alignment with Dubai’s strategic economic goals will continue to shape its success story in the coming years.
Conclusion
TECOM Group’s nine-month financial results for 2025 represent a major achievement, with a net profit surpassing $299 million and strong growth across all key segments. The group’s success stems from its strategic expansion, disciplined management, and unwavering focus on customer and shareholder value.
Through significant investments, innovative practices, and sustainable operations, TECOM Group continues to strengthen its role as a cornerstone of Dubai’s diversified economy. As the emirate advances its industrial and business development goals, TECOM Group’s growth story stands as a clear example of Dubai’s vision for sustainable progress and prosperity.
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