DEWA profit reached Dh3.33 billion during the first half of 2026. Stronger demand for electricity, water, and cooling services supported the results.
Dubai Electricity and Water Authority recorded revenue of Dh14.86 billion. That figure marked a 1.8 percent increase from the same period last year.
The company also reported stronger earnings across several key financial measures. Net profit increased by 15.02 percent during the first half.
EBITDA reached Dh7.32 billion after growing 5.27 percent year-on-year. Meanwhile, operating profit rose 9.08 percent to Dh4.07 billion.
The latest results reflect continued growth in Dubai’s utility demand. Population growth and economic activity continue to support consumption across the emirate.
Electricity demand remains particularly important for Dubai’s expanding economy. Cooling requirements also increase during the warmer months.
At the same time, water consumption continues rising alongside population and commercial activity. Consequently, utility demand remains an important driver of DEWA’s financial performance.
By the end of June, DEWA’s total generation capacity reached 17,979 megawatts. Clean energy accounted for 3,860 megawatts of that capacity.
Renewable and clean sources therefore represented 21.5 percent of the overall generation mix. DEWA continues expanding clean power as part of Dubai’s energy strategy.
The Jebel Ali and Al Aweer facilities remained major contributors to generation capacity. Together, their capacity reached 11,519 megawatts.
DEWA also plans significant capacity growth through the end of this decade. The authority expects total generation capacity to exceed 23 gigawatts by 2030.
Renewable sources should provide around 8.3 gigawatts of that planned capacity. That figure would represent approximately 36.1 percent of total planned generation capacity.
Water production capacity will also expand significantly during the coming years. DEWA expects desalinated water capacity to reach 735 million imperial gallons daily.
Around 308 million imperial gallons will come from seawater reverse osmosis technology. Renewable energy will power the planned reverse osmosis capacity.
Meanwhile, second-quarter electricity generation reached 15.78 terawatt-hours. Clean energy contributed 3.14 terawatt-hours during the quarter.
Clean power therefore accounted for 19.9 percent of total electricity generation. The figures highlight the growing contribution from cleaner energy sources.
Water production also remained strong during the second quarter. DEWA produced approximately 40.25 billion imperial gallons of desalinated water.
The authority also continued expanding its customer base. It added 18,220 customer accounts during the second quarter.
Over the previous year, the customer base increased by 72,718 accounts. That represented annual growth of approximately 5.63 percent.
The increase highlights continued demand for utility services across Dubai. More customers also support long-term revenue growth for the authority.
DEWA expanded its water infrastructure during the quarter as well. The authority commissioned Block A of the Hassyan seawater reverse osmosis plant.
The new block added 60 million imperial gallons of daily production capacity. As a result, reverse osmosis now represents 23 percent of total desalination capacity.
DEWA expects further expansion before the end of 2026. The authority plans to add another 120 million imperial gallons daily.
These projects form part of Dubai’s wider strategy for efficient water production. Reverse osmosis can also support lower energy consumption compared with traditional desalination methods.
Financial performance remains important for DEWA’s investors. The authority follows a dividend policy that supports regular shareholder distributions.
DEWA expects to pay at least Dh6.2 billion annually during its first five years. The policy began in October 2022.
The company distributes dividends twice each year. Payments typically occur during April and October.
DEWA expects to distribute another Dh3.1 billion by October 2026. However, the payment remains subject to the required approvals.
The latest results therefore combine stronger profits with continued infrastructure investment. At the same time, DEWA continues increasing its clean energy capacity.
DEWA profit growth could remain supported by rising demand across Dubai. However, future performance will also depend on operating costs and investment requirements.
The authority’s expansion plans show a continued focus on electricity and water security. They also underline Dubai’s commitment to increasing renewable energy use.
With customer numbers rising, demand for essential services should remain strong. Furthermore, major clean energy projects could gradually reshape DEWA’s generation mix.
Overall, the first-half results show continued financial growth for Dubai’s main utility provider. DEWA profit increased while the company expanded capacity and invested in future infrastructure.
