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Emirati (ADX) Real Estate Sector Analysis

UpdatedDec 22, 2024
DataAggregated Company Financials
Companies16
  • 7D14.3%
  • 3M22.4%
  • 1Y51.9%
  • YTD47.9%

In the last week, the Real Estate industry is up 14%, with Emaar Properties PJSC up 35%. This means that the industry has gained 52% over the past year. Earnings are forecast to grow by 9.6% annually.

Sector Valuation and Performance

Has the Emirati Real Estate Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 22 Dec 2024د.إ259.6bد.إ76.1bد.إ26.2b8.8x9.9x3.4x
Tue, 19 Nov 2024د.إ224.8bد.إ76.0bد.إ26.2b7.5x8.6x3x
Thu, 17 Oct 2024د.إ206.9bد.إ68.2bد.إ25.6b6.4x8.1x3x
Sat, 14 Sep 2024د.إ203.5bد.إ68.2bد.إ25.6b6.3x7.9x3x
Mon, 12 Aug 2024د.إ192.6bد.إ68.2bد.إ25.7b6x7.5x2.8x
Wed, 10 Jul 2024د.إ186.6bد.إ62.5bد.إ24.4b6.7x7.7x3x
Fri, 07 Jun 2024د.إ171.6bد.إ62.5bد.إ24.4b6.7x7x2.7x
Sun, 05 May 2024د.إ179.9bد.إ60.9bد.إ24.7b7.3x7.3x3x
Tue, 02 Apr 2024د.إ185.0bد.إ58.2bد.إ23.9b8.2x7.7x3.2x
Thu, 29 Feb 2024د.إ179.8bد.إ58.3bد.إ23.8b11.4x7.6x3.1x
Sat, 27 Jan 2024د.إ165.8bد.إ51.8bد.إ19.3b13.3x8.6x3.2x
Mon, 25 Dec 2023د.إ169.8bد.إ51.7bد.إ19.2b13.5x8.9x3.3x
Wed, 22 Nov 2023د.إ166.2bد.إ51.7bد.إ19.1b13.8x8.7x3.2x
Fri, 20 Oct 2023د.إ151.5bد.إ49.1bد.إ16.2b10.5x9.3x3.1x
Sun, 17 Sep 2023د.إ163.6bد.إ49.1bد.إ16.2b10.9x10.1x3.3x
Tue, 15 Aug 2023د.إ159.5bد.إ49.1bد.إ16.2b10.7x9.8x3.3x
Thu, 13 Jul 2023د.إ160.7bد.إ50.8bد.إ16.1b11.3x10x3.2x
Sat, 10 Jun 2023د.إ144.8bد.إ50.8bد.إ16.1b12.4x9x2.9x
Mon, 08 May 2023د.إ147.7bد.إ52.0bد.إ15.1b14.7x9.8x2.8x
Wed, 05 Apr 2023د.إ139.1bد.إ51.6bد.إ15.0b11.6x9.3x2.7x
Fri, 03 Mar 2023د.إ133.6bد.إ51.4bد.إ14.0b9.3x9.5x2.6x
Sun, 29 Jan 2023د.إ130.8bد.إ55.3bد.إ14.0b9.8x9.4x2.4x
Tue, 27 Dec 2022د.إ132.6bد.إ55.1bد.إ13.7b10x9.7x2.4x
Thu, 24 Nov 2022د.إ131.2bد.إ53.2bد.إ13.0b10x10.1x2.5x
Sat, 22 Oct 2022د.إ132.3bد.إ55.8bد.إ12.3b13.2x10.7x2.4x
Mon, 19 Sep 2022د.إ138.8bد.إ55.8bد.إ12.3b14.1x11.3x2.5x
Wed, 17 Aug 2022د.إ132.8bد.إ55.8bد.إ12.3b13.8x10.8x2.4x
Fri, 15 Jul 2022د.إ122.3bد.إ55.1bد.إ10.5b11.3x11.7x2.2x
Sun, 12 Jun 2022د.إ129.7bد.إ58.0bد.إ10.0b12.5x13x2.2x
Tue, 10 May 2022د.إ141.1bد.إ57.6bد.إ7.9b15.7x17.8x2.5x
Thu, 07 Apr 2022د.إ129.4bد.إ56.9bد.إ7.8b14.5x16.5x2.3x
Sat, 05 Mar 2022د.إ155.2bد.إ61.7bد.إ9.7b13.2x16x2.5x
Mon, 31 Jan 2022د.إ149.5bد.إ59.6bد.إ8.2b13.6x18.1x2.5x
Wed, 29 Dec 2021د.إ148.9bد.إ59.6bد.إ8.2b13.3x18.1x2.5x
Price to Earnings Ratio

18.1x


Total Market Cap: د.إ148.9bTotal Earnings: د.إ8.2bTotal Revenue: د.إ59.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Emirati Real Estate Sector Price to Earnings3Y Average 10.3x202220232024
Current Industry PE
  • Investors are relatively neutral on the Emirian Real Estate industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 10.4x.
  • The 3-year average PS ratio of 2.8x is lower than the industry's current PS ratio of 3.4x.
Past Earnings Growth
  • The earnings for companies in the Real Estate industry have grown 47% per year over the last three years.
  • Revenues for these companies have grown 8.4% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Emirati Real Estate sector?

AE Market1.53%
Real Estate14.25%
Real Estate14.33%
Specialized REITs0%
Residential REITs0%
Hotel and Resort REITs0%
Industrial REITs0%
Health Care REITs0%
Retail REITs0%
Office REITs0%
REITS-3.75%
Industry PE
  • Investors are most optimistic about the Real Estate industry, which is trading close to its 3-year average PE ratio of 10.4x.
    • Analysts are expecting annual earnings growth of 9.7%, which is lower than the prior year's growth of 46.8% per year.
  • Investors are most pessimistic about the REITS industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 1.3x.
Forecasted Growth
  • Analysts are most optimistic on the Real Estate industry, expecting annual earnings growth of 9.7% over the next 5 years.
  • However this is lower than its past earnings growth rate of 47% per year.
  • In contrast, the REITS industry is expected to see its earnings decline by 60% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
EMAAR Emaar Properties PJSCد.إ12.9034.5%
+د.إ29.3b
66.2%PE9.6x
EMAARDEV Emaar Development PJSCد.إ12.504.6%
+د.إ2.2b
76.6%PE7x
ALDAR Aldar Properties PJSCد.إ7.502.7%
+د.إ1.6b
43.7%PE11.7x
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Latest News

EMAARDEV

د.إ12.50

Emaar Development PJSC

7D

4.6%

1Y

76.6%

EMAAR

د.إ12.90

Emaar Properties PJSC

7D

34.5%

1Y

66.2%

REIT

US$0.52

Emirates REIT (CEIC)

7D

-4.6%

1Y

148.8%

ALDAR

د.إ7.50

Aldar Properties PJSC

7D

2.7%

1Y

43.7%

KICO

د.إ4.41

Al Khaleej Investment P.J.S.C

7D

-6.2%

1Y

175.6%

RAKPROP

د.إ1.05

RAK Properties PJSC

7D

-3.7%

1Y

-5.9%