Does Emaar Development PJSC have an economic moat?
Likely
Emaar Development PJSC earns 31.8% a year on the money invested in it and keeps 57% of every sale after production costs, the numbers of a business competitors struggle to copy.
The numbers behind it
Return on invested capital, average of recent years31.8%
Return on invested capital, latest year38.2%
Gross margin56.5%Share of each sale left after production costs
Net margin41.2%
How we decide
A moat shows up in the numbers as high returns that last. We call it likely when the average return on invested capital over recent years is at least 15% and the gross margin at least 40%, and possible from 10%. The numbers can't show where a moat comes from (brand, network, patents), only that one seems to exist.
More questions about Emaar Development PJSC
Data as of Nov 13, 2026.