MarketSmart Brief

• Emaar Properties reported record earnings for 2024, boosting the real estate sector.
• ADX General Index up 2.19% since early 2025, showing market growth.
• Banking sector expected to remain stable and grow in 2025.
• Recommended stocks to buy: Emaar Properties, First Abu Dhabi Bank, DEWA.
• Recommended stocks to sell: Emirates NBD, DP World, Abu Dhabi Commercial Bank.

Over the past week, significant news has impacted the UAE stock markets. Emaar Properties announced record sales, revenue, and profit for 2024, with a 72% increase in property sales to AED 70 billion and a 33% revenue rise to AED 35.5 billion (Emaar Properties Earnings Press Release). This is a major boost for the real estate sector.

Additionally, the ADX General Index has increased by 2.19% since the beginning of 2025, reflecting overall market growth (ADX General Index Performance). The banking sector is also expected to remain stable and grow in 2025, supported by strong economic fundamentals, as per S&P Global Ratings (S&P Global Ratings Report). Surprising Detail: Real Estate SurgeIt’s surprising to see Emaar Properties’ property sales surge by 72% in 2024, especially given global economic uncertainties, highlighting the robust demand in Dubai’s real estate market.

MarketSmart Buy Candidates

• Emaar Properties: Strong performance driven by record earnings, up 3.91% last week.

• First Abu Dhabi Bank: Positive weekly performance, supported by stable banking sector outlook.

• Dubai Electricity and Water Authority (DEWA): Consistent utility sector performance, likely to benefit from market growth.

MarketSmart Sell Candidates

• Emirates NBD: Declined in the past week, possibly due to market profit-taking.

• DP World: Negative momentum observed, reflecting weaker weekly performance.

• Abu Dhabi Commercial Bank: Showed declining stock price trends over the past week.