Tecom Group Reports Dh1.1b Profit as Revenue Jumps 20%

Tecom Group PJSC announces strong financial results for the first nine months of 2025, with net profit rising above AED 1.1 billion. Tecom Group net profit 2025 marks an 18% increase compared to the same period last year. The Dubai-based company, operating in several of the city’s major business districts, is pleased by these numbers.

In detail, Tecom Group credits this stellar performance to higher occupancy levels, increased rental revenues, and continued strategic expansion across its portfolio. Furthermore, Tecom financial results reveal that the total revenue during this time surged 20% year-on-year to AED 2.1 billion, while EBITD climbed to AED 1.7 billion, maintaining a healthy margin of 79%.

The rise in total revenue was supported by sustained demand across its commercial, industrial, and land-lease operations. Lastly, the company also reveals that funds from operations rose 16% to AED 1.5 billion. Furthermore, commercial and industrial occupancy climbed to 96%, two percentage points higher than 2024, while land-lease occupancy registered a notable eight-point jump to 98%.

According to the company, this growth underscores Dubai’s appeal as a preferred destination for global companies and new investment projects.

Abdulla Belhoul, CEO of Tecom Group said:

“Our robust financial and operational performance reflects our agility in navigating market dynamics and a disciplined focus on delivering customer value. The momentum is a result of our Dh4.3 billion strategic expansion plan and the continued global interest in Dubai as a top destination for Greenfield FDI projects.”

Tecom Group Recorded AED 724 Million Revenue in Q3

The company saw an especially high surge in revenue for the third quarter of the year. In detail, during Q3 alone, Tecom recorded AED 724 million in revenue, marking a 19% spike compared to Q3 2024, when Tecom recorded a net profit of AED 373 million, up 10% year-on-year. Meanwhile,the quarterly EBITDA rose 13% to AED 563 million.

A major development in 2025 was the company’s AED1.6 billion purchase of 138 plots of land within Dubai Industrial City. The acquisition added 33 million sq. ft. to its portfolio, bringing Tecom’s total land-lease footprint to more than 209 million sq. ft. and strengthening its role in supporting the emirate’s manufacturing and logistics sectors.

The expansion aligns with key national industrial strategies, including Operation 300 billion, the ‘Make it in the Emirates’ programme, and Dubai’s D33 agenda and economic roadmap, all aimed at boosting industrial output and sustainable economic growth. Tecom also wrapped up its dividend programme with a final AED 400 million payout for the first half of 2025, bringing total shareholder distributions since its 2022 IPO to AED 2.4 billion.

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