Revenue
AED 2,169M
10% Growth YOY
EBITDA
AED 1,654M
23% Growth YOY
EBITDA MARGIN
76%
8% Higher than 2022
Net Profit
AED 1,078M
49% Growth YOY
52%
Commercial Leasing
22%
Land Leasing
13%
Industrial Leasing
11%
Services & Other
We are Dubai’s Strategic Business Enabler and Creator of World-Class Business Districts.
We have a diverse customer mix across six sectors, which are complemented by a full spectrum of business and government-related services.
We have brought to life 10 strategically-located business districts in Dubai, with diverse asset classes, sectors and communities. Each district has been purposely designed to create industry-specific and vibrant ecosystems for the technology, media, education, science, design and manufacturing sectors.
We cater to more than 11,000 customers and more than 105,000 professionals with a varied and tailor-made commercial, industrial and land leasing portfolio in addition to ancillary value-add services.
We offer customers a high-quality asset base with integrated infrastructure for businesses to conduct their operations, enabling them to grow and expand in Dubai and the wider region.
21M
Built-to-lease Area (sq. ft.)
89%
Built-to-lease Occupancy
164M
Land Leasing Area (sq. ft.)
94%
Land Occupancy
As of FY 2023
Strategically located specialised ecosystems across six vibrant industry sectors
Technology
Media
Education
Manufacturing
Design
Science
Spread across a range of real estate products and ancillary business services
Commercial Leasing
Commercial leasing includes leasing of office and retail space to either multitenants (built-tolease (BTL) developments) or single tenants (built-to-suit (BTS) developments).
Industrial Leasing
Industrial leasing consists of BTL warehouses, showrooms and worker accommodation.
Land Leasing
Land leasing comprises land owned by TECOM Group within our business districts which is leased on a long-term basis to tenants.
Services & Other
Services & Others offers a range of value-added services including Government Services, Registration and Licensing, Advertising and Venue Management, while also including ancillary properties.
Large, diverse, industry-leading, international and loyal regional customer base