Sources checked: 6 October 2026

Reading developer numbers: sales, revenue and backlog

A broker's guide to interpreting company disclosures and producing accurate presentations. These examples use full-year 2025 company announcements and do not imply a Gameel client relationship.

Emaar: annual property sales across two years

Emaar property sales: AED 69.5 billion in 2024 and AED 80.4 billion in 2025 — Company property sales, not recognized revenue or the Dubai market total.

The arithmetic difference is AED 10.9 billion. Using the rounded values gives about 15.7%; the official announcement reports a rounded 16% increase. Emaar's 12 February 2026 disclosure.

Keep the metric and reporting scope visible

Company	Metric	Period	AED billion
Emaar	Property sales	2025	80.4
Emaar	Group revenue	2025	49.6
Emaar	Revenue backlog	2025 year-end	155
Aldar	Group sales	2025	40.6
Aldar	Group revenue	2025	33.8
Aldar	Development revenue backlog	2025 year-end	71.7

Sources: Emaar full-year results and Aldar's 9 February 2026 results. The groups have different business and geographic scopes. This table defines disclosed metrics; it is not a market-share ranking. Do not add sales, revenue and backlog together as separate earnings.

A number-review workflow before publication

1. DefinitionIs it sales, revenue or an outstanding backlog?

2. ScopeCompany, group, market or individual project?

3. TimeFull year, quarter or a balance at a particular date?

4. SourceLink the disclosure and record the unit and checked date.

This is an editorial review workflow, not an accounting standard. For a brokerage report, define transaction count, value, commission and recognition stage. Have the responsible finance professional check the figures before publishing them.