Dubai Electricity and Water Authority (DEWA), the sole provider of electricity and water services in the Emirate of Dubai, listed on the Dubai Financial Market (DFM), has announced its consolidated financial results for the first nine months of 2025. 

The authority recorded revenue of AED24.9 billion ($6.8 billion), EBITDA of AED13.1 billion, operating profit of AED8.3 billion, net profit of AED6.8 billion ($1.8 billion), and cash from operations amounting to AED15.2 billion.

“DEWA is committed to being an innovative and sustainable corporation inspired by the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, along with the directives of His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence of the UAE, and Chairman of The Executive Council of Dubai, as well as His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance. 

Under their guidance and support, we are making progress on our journey to achieve Net Zero by 2050 and will continue to play a crucial role in Dubai’s rapid development,” stated HE Saeed Mohammed Al Tayer, vice chairman and MD & CEO of DEWA.

This is our strongest year-to-date performance in DEWA’s history, with revenues growing to nearly AED25 billion and operating profit surpassing AED8.3 billion for the first nine months. These results emphasize the resilience of Dubai’s utility model and the disciplined execution of our strategy. 

As Dubai continues its growth, DEWA is scaling reliable, efficient, and future-ready systems, ranging from clean energy generation and water security to grid digitalization and intelligent storage. 

We are constructing infrastructure that is not only 
dependable and more efficient but also smarter and more sustainable. With the strong momentum from the first three quarters, we expect our full-year 2025 financial results to outperform those of 2024, bolstered by robust demand fundamentals, our state-of-the-art infrastructure, and operational excellence. 

We will continue to invest in clean energy and digital transformation to reinforce Dubai’s global leadership in the utility sector. In October 2025, we also paid a dividend of AED3.1 billion for H1 of 2025,” added Al Tayer.