Emaar Properties PJSC (DFM:EMAAR) Construction In Progress: د.إ0 Mil (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

DFM:EMAAR Emaar Properties PJSC DFM:EMAAR
99 GF Score
Price د.إ10.96
GF Value د.إ16.30
Valuation Significantly Undervalued
! 1 Warning Sign
View Full Analysis

What is Emaar Properties PJSC Construction In Progress?

Emaar Properties PJSC DFM:EMAAR -0.90% 99 Construction In Progress is د.إ0 Mil as of Jun. 2026. GuruFocus rates DFM:EMAAR with a GF Score™ of 99/100 and a GF Value™ of د.إ16.30 (Significantly Undervalued). The stock has 1 warning sign investors should review.

Emaar Properties PJSC's quarterly construction in progress declined from Dec. 2025 (د.إ1,212 Mil) to Mar. 2026 (د.إ0 Mil) but then stayed the same from Mar. 2026 (د.إ0 Mil) to Jun. 2026 (د.إ0 Mil).

Emaar Properties PJSC's annual construction in progress declined from Dec. 2023 (د.إ1,355 Mil) to Dec. 2024 (د.إ992 Mil) but then increased from Dec. 2024 (د.إ992 Mil) to Dec. 2025 (د.إ1,212 Mil).

Emaar Properties PJSC Construction In Progress Historical Data

* Premium members only.

The historical data trend for Emaar Properties PJSC's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Emaar Properties PJSC Construction In Progress Chart

Emaar Properties PJSC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,177.92 1,862.24 1,354.92 992.09 1,212.16

Emaar Properties PJSC Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Construction In Progress Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 1,212.16 0.00 0.00
DFM:EMAAR
99GF Score
Emaar Properties PJSC DFM:EMAAR
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Emaar Properties PJSC Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

What does a Construction In Progress of د.إ0 Mil mean?
Emaar Properties PJSC (DFM:EMAAR) has a Construction In Progress of د.إ0 Mil as of Jun. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Emaar Properties PJSC and its competitors.
Is Emaar Properties PJSC's Construction In Progress too high?
Emaar Properties PJSC's current Construction In Progress is د.إ0 Mil. Overall, Emaar Properties PJSC has a GF Score™ of 99/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Emaar Properties PJSC's Construction In Progress compare to competitors?
Emaar Properties PJSC's Construction In Progress of د.إ0 Mil can be compared against companies in the Real Estate industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Construction In Progress for a Real Estate company?
A good Construction In Progress depends on the Real Estate industry context. However, Construction In Progress should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Construction In Progress mean?
A high Construction In Progress can signal that a stock is expensive relative to its fundamentals. Construction in Progress records the amount of construction work that is not complete. View historical data on Emaar Properties PJSC and its competitors. Emaar Properties PJSC's current Construction In Progress is د.إ0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Emaar Properties PJSC stock overvalued right now?
Based on GuruFocus' analysis, Emaar Properties PJSC (DFM:EMAAR) is currently considered Significantly Undervalued. The stock's GF Value™ is د.إ16.30, compared to a current price of د.إ10.96 — trading 32.8% below its estimated fair value. The current Construction In Progress is د.إ0 Mil. Emaar Properties PJSC's overall GF Score™ is 99/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Construction In Progress calculated?
Construction In Progress is calculated from a company's financial statements. For Emaar Properties PJSC (DFM:EMAAR), the current Construction In Progress is د.إ0 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Emaar Properties PJSC (DFM:EMAAR) Overvalued in 2026?

Based on GuruFocus' analysis, Emaar Properties PJSC stock appears to be undervalued. The current stock price of د.إ10.96 is trading 32.8% below its estimated GF Value™ of د.إ16.30. GuruFocus considers Emaar Properties PJSC to be Significantly Undervalued.

Key valuation signals for DFM:EMAAR:

  • Construction In Progress: د.إ0 Mil
  • GF Value™: د.إ16.30 vs. price of د.إ10.96 (32.8% below fair value)
  • GF Score™: 99/100 with 1 warning sign

No single metric tells the full story. See the DFM:EMAAR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Emaar Properties PJSC Business Description

Address Emaar Business Park Building 1, Level 7, P.O. Box 9440, Dubai Hills Estate, Dubai, ARE
Emaar Properties PJSC is engaged in property investment, development, and development management, shopping malls and retail, hospitality, property management, utility services, and investments in providers of financial services. Its segments are, namely, real estate (develop, sell, and manage condominiums, villas, commercial units and plots of land), leasing, retail and related activities (develop, lease and manage malls, retail, commercial, and residential spaces), and hospitality (develop, own, and/or manage hotels, serviced apartments and leisure activities). It earns revenue from sources other than property sales, leasing, retail and related activities, and hospitality, and this revenue is included in other operating income. The majority of revenue comes from real estate.
99GF Score

Get the complete analysis for DFM:EMAAR

Construction In Progress is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

د.إ10.96
Price
د.إ16.30
GF Value