Dubai Electricity and Water Authority (DEWA) Achieves Record Revenue of Dhs14.6bn in H1 2025, Declares Dhs3.1bn Dividend
Dubai Electricity and Water Authority (DEWA) has announced record-breaking financial results for the first half of 2025, highlighting strong growth across all key performance metrics. The utility giant posted revenues of Dhs14.6bn, marking a 6.9 per cent year-on-year increase, driven by higher seasonal demand, robust operational efficiency, and continued infrastructure investments.
In addition to its stellar performance, DEWA declared a Dhs3.1bn dividend to be paid in October 2025, underscoring its commitment to shareholder returns.
Strong Profit Growth and Operational Efficiency
Profit after tax for H1 2025 rose 13.2 per cent year-on-year to Dhs2.9bn, while EBITDA climbed 5.3 per cent to Dhs7bn. Operating profit increased 12.6 per cent to Dhs3.7bn, reflecting enhanced efficiency and effective cost management.
The company’s operating cash flow surged 61.3 per cent to Dhs9.2bn, setting a new record for the utility. This liquidity boost supports DEWA’s ambitious capital expenditure plans, which align with Dubai’s long-term Green Economy vision.
Q2 2025: DEWA’s Best-Ever Quarterly Results
For Q2 2025 alone, DEWA reported:
- Revenue: Dhs8.6bn (+9.8% YoY)
- Profit after tax: Dhs2.4bn (+25.8% YoY)
- EBITDA growth: +11.9%
- Operating profit growth: +24.8%
These results underline DEWA’s ability to maintain momentum in both seasonal peak periods and across diverse service segments.
Customer Growth and Infrastructure Expansion
DEWA now serves 1,292,487 customer accounts, reflecting a 4.81 per cent increase compared to H1 2024. This expansion is supported by Dubai’s population growth, rising industrial demand, and the emirate’s increasing role as a global business hub.
To date, DEWA has invested over Dhs230bn in advanced infrastructure, spanning clean energy, water desalination, and digital transformation initiatives. These investments aim to ensure long-term service reliability, operational efficiency, and sustainability.
Leadership Perspective
Saeed Mohammed Al Tayer, MD and CEO of DEWA, praised the company’s achievements, stating:
“We are proud to report DEWA’s strongest-ever financial results for both the second quarter and first half of 2025. Our record operating cash flow of Dhs9.2bn underscores the resilience of our business model.”
Al Tayer credited Dubai’s visionary leadership for enabling DEWA to maintain its growth trajectory and reaffirmed the company’s dedication to sustainable energy solutions.
Outlook: Continued Growth and Clean Energy Focus
Looking ahead, DEWA expects even stronger revenue and profit contributions in H2 2025, driven by:
- Seasonal increases in electricity and water demand
- Expansion of renewable energy projects in line with the Dubai Clean Energy Strategy 2050
- Further investments in digital infrastructure and AI-powered grid management
- Advancements in water desalination technologies to improve efficiency and reduce environmental impact
The company is positioning itself as a global leader in sustainable utility operations, with clean energy at the heart of its growth strategy.
Conclusion
DEWA’s record H1 2025 performance — marked by Dhs14.6bn in revenue, Dhs2.9bn profit after tax, and Dhs9.2bn in operating cash flow — cements its role as one of the most efficient and profitable utility providers in the region. With a Dhs3.1bn dividend on the horizon and ongoing investments in green and digital infrastructure, DEWA remains well-positioned to power Dubai’s growth and sustainability ambitions well into the future.
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