DEWA Achieves Historic Highs in Profit and Revenue for 2025

Post by : Bianca Suleiman

The Dubai Electricity and Water Authority PJSC (DEWA), the primary utility for electricity and water in Dubai, has unveiled its most impressive financial results to date, marking record high revenue and profit in the first nine months of 2025.

This state-owned utility, traded on the Dubai Financial Market, recorded consolidated revenues of AED 24.9 billion alongside an operating profit of AED 8.3 billion, a historic achievement in its evolution. The net profit for this period reached AED 6.8 billion, an increase from AED 5.5 billion during the same duration last year, reinforcing the robustness and growth of Dubai’s energy landscape.

Substantial Financial and Operational Advancement

DEWA's revenue surged from AED 23.5 billion in 2024, driven by a consistent rise in the demand for electricity, water, and district cooling services. Its gross profit climbed to AED 9.9 billion, indicative of enhanced operational efficiency and stringent cost management.

In this timeframe, DEWA generated AED 15.2 billion from operational cash flow and allocated AED 7.8 billion towards capital projects aimed at boosting renewable energy capacity, water desalination, and smart infrastructure enhancements. By September 2025, total assets reached AED 233.4 billion, while shareholder equity remained strong at AED 89.1 billion.

Unprecedented Power and Water Production

In the third quarter of 2025, DEWA achieved a power generation level of 20.5 terawatt hours (TWh), reflecting a 4.46% increase year on year, with clean energy accounting for 13.5% of overall output. Peak power demand reached an incredible 11.4 gigawatts (GW), establishing a new operational benchmark.

Water consumption followed suit, with a total of 43.5 billion imperial gallons (BIG) of desalinated water used in Q3, corresponding to a 6.74% rise compared to the previous year. The company’s daily peak water demand reached an all-time high of 487 million imperial gallons (MIG).

Enhancing Capacity and Infrastructure

During the latest quarter, DEWA successfully commissioned multiple substations, including two 132kV, three 33kV, and 520 11kV units, demonstrating ongoing investments in Dubai’s rapidly developing infrastructure. Its installed generation capacity is now 17.979 GW, with renewable sources contributing 3.86 GW (21.5%). Additionally, its desalination capacity has expanded to 495 million imperial gallons daily.

As of September 2025, DEWA serves over 1.3 million customer accounts, a 4.7% increase from the previous year, further solidifying its crucial role in accommodating Dubai’s growing urban and industrial demands.