Dubai Financial Market Announces 298% Rise in Net Profit Before Tax for the First Half of 2025 to AED 777.1 Million
In the second quarter of 2025, the total revenue reached AED 702.5 million compared to AED 157.6 million reported in Q2 2024. Further, the exchange recorded a net profit before tax of AED 642.2 million, compared to AED 99.8 million in the corresponding period last year reflecting the steady market growth.
Robust Trading ActivityDFM recorded increased trading activity during H1 2025, with average daily traded value (ADTV) rising 75% year-on-year to AED 692 million, leading to a total traded value of AED 85 billion, up 77% compared to AED 48 billion in H1 2024. Average number of daily trades also increased by 37% to approximately 13,900, reflecting deeper market engagement.Growing Investor ParticipationDFM onboarded 53,655 new investors during the first half of 2025, with foreign investors making up 84%, raising the total investor base to over 1.2 million. Institutional trading increased notably, reaching 71% of total activity, with foreign investors contributing 53% of trading and representing 20% ownership of market capitalization.In June, DFM participated in HSBC's GCC Exchanges Conference in London, which convened over 300 global institutional investors, more than 100 corporates, and representatives from all GCC exchanges. The conference emphasized growing global interest in the Gulf markets, driven by resilient regional performance, including a 33% rise in GCC IPO activity in the first three months of the year. IPO Milestone: Dubai Residential REIT In the first half of 2025, DFM welcomed the landmark IPO of Dubai Residential REIT (DUBAIRESI), the GCC's largest and first-ever listed pure-play residential leasing-focused REIT. The IPO raised AED 2.145 billion (USD 584 million) and was significantly oversubscribed, with gross demand exceeding AED 56 billion (USD 15 billion), approximately 26 times the offered units. Dubai Residential REIT debuted with a market capitalization of AED 14.3 billion (USD 3.9 billion), marking the largest listed REIT in the GCC and underscoring strong investor confidence in Dubai's real estate sector.Enhanced Investor Access and Market Development In May, DFM successfully hosted the third MENA Capital Market Summit (CMS 2025), welcoming over 1,500 attendees and more than 100 speakers from leading global institutions. The annual event has come to serve as a regional anchor for dialogue, innovation, and investment, further cementing DFM's role as a strategic enabler of capital market development. During this year's edition, DFM announced two AI-powered enhancements to its iVestor app: Smart Disclosures and Financial Summary. Smart Disclosures provides concise summaries of detailed company announcements, while Financial Summary presents key financial metrics clearly and succinctly. These new features aim to simplify access to information and support investors in making informed decisions, aligning with the rising demand for intuitive, digital-first investment tools.DFM also continued enhancing its Arena platform, designed to facilitate broader capital access and diversify investment opportunities across various asset classes, reinforcing market depth and investor engagement.Diverse Sector RepresentationMarket capitalization reached AED 995 billion, reflecting Dubai's diversified economic base with sector composition as follows: Financials 40%, Real Estate 20%, Utilities 17%, Industrials 12%, Communication Services 5%, and Consumer Staples and other sectors comprising the remainder. This diverse mix strategically positions DFM to attract listings from emerging and underrepresented sectors.
Hamed Ali, CEO of DFM and Nasdaq Dubai, said: 'DFM's performance in the first half of 2025 reflects a market evolving with purpose, demonstrating steady progress in executing our strategic initiatives and maintaining investor confidence. The successful listing of Dubai Residential REIT signals continued strength in our IPO pipeline and a growing investor appetite for diversified asset classes. As we expand access to new products and deepen market infrastructure, DFM remains a magnet for capital and a launchpad for the region's most ambitious issuers.'
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