How to Buy Emirates NBD Stock in the UAE: Complete Guide for 2025

What is Emirates NBD?

How much is the Emirates NBD stock?

The price of Emirates NBD stock is declining this week. As of the latest update, Emirates NBD trades at 22.70 AED per share, showing a 1.09% drop over the past 24 hours and a weekly decrease of 0.65%. The bank’s market capitalization stands at 144.97 billion AED, with a 3-month average trading volume of 2.22 million shares. Key metrics include a P/E ratio of 6.59, a dividend yield of 4.36%, and a low beta of 0.25, reflecting limited volatility. With solid fundamentals and stable performance in the UAE market, Emirates NBD offers investment appeal for those seeking growth with relatively low risk.

Our full analysis on the Emirates NBD stock

Having carefully reviewed Emirates NBD Bank PJSC’s most recent financial disclosures, as well as its stock performance and trends over the last three years, we have leveraged a rigorous combination of proprietary data analytics, technical signals, fundamental ratios, and competitive benchmarking. The resulting multi-factor evaluation highlights a compelling narrative: Emirates NBD now stands at a promising intersection of robust profitability, market leadership, and strategic digital transformation. So, why might Emirates NBD stock once again become a strategic entry point into MENA financial services as we head into 2025?

Recent Performance and Market Context

The past 12 months have seen Emirates NBD dramatically outpace its regional and sectoral peers. Trading at AED 22.70 as of 30 May 2025, the stock has surged 46.5% over the previous twelve months—a stellar return that ranks among the highest for large-cap banks in the GCC. Year-to-date, it has posted a resilient +16.3%, breaking through previous resistance levels and signaling robust investor confidence.

A series of favorable events have supported this upward trajectory:

• Record annual profit: Net income reached an all-time high of AED 22.46 billion in 2024.
• Loan book growth: Outstanding loan growth of 10%—well above the regional banking average—underscored surging regional demand and strong risk management.
• Deposit mobilization: Deposits expanded by a record AED 82 billion, highlighting strong franchise trust.
• Transformation in India and Saudi Arabia: The group secured regulatory approval to enter the high-growth Indian market, and expanded its Saudi branch network to 21 offices with a remarkable 57% loan growth.

Crucially, the UAE’s macroeconomic environment remains highly supportive. Dubai’s 2025 GDP growth is forecast at 5%. With enduring oil revenues, government investment, and surges in trade and tourism, banking sector prospects remain firmly anchored to underlying economic dynamism across the Emirates and the broader MENAT region.

Technical Analysis

A detailed examination of key technical indicators further suggests that Emirates NBD is well positioned for fresh upside traction:

• Momentum Oscillators:
• RSI (14 days) at 68.55: Flirting with the edge of overbought territory, typically indicative of strong bullish sentiment. Historically, retracement from similar RSI readings has often been shallow, reflecting persistent underlying demand.
• MACD at 0.787: Sitting decisively in positive territory with the buy signal sustained for multiple weeks.
• Stochastic at 77.43: Maintains a high reading, indicative of ongoing strength though caution for short-term traders.
• Moving Averages:
• All major averages—from 5-day (23.16 AED) to 200-day (20.51 AED)—currently generate synthetic buy signals.
• The price remains comfortably above its long-term trend support (200-day MA at 20.51 AED), affirming medium-term bullish structure.
• Key Technical Levels:
• Principal Support: 20.50 AED—recent tests of this level have prompted robust bounces, evidencing eager accumulation phases.
• Critical Resistance: 23.60 AED—marking the recent all-time high, a decisive break above may open the door to an accelerated rally toward the consensus price target of 29.50 AED (+30% potential).

Technical analysis converges on a strong buy signal, recommending close attention to momentum and any renewed dips as ideal technical entry windows.

Fundamental Analysis

Emirates NBD’s fundamentals have rarely been stronger—an authentic testament to management execution and structural sector opportunity:

• Sustained Earnings Growth:
• Pre-tax profit reached AED 27.1 billion in 2024 (+15% vs. 2023), and Net profit hit AED 22.46 billion—reflecting both top-line resilience (total income of AED 44.1 billion) and disciplined cost efficiency.
• Earnings per share rose 7% to 3.56 fils per share.
• Superior Asset Quality:
• The cost of risk stands at a historic low (0%), with non-performing loan ratio further improving to 3.3%.
• High Efficiency and Profitability:
• Net margin holds steady at 50%.
• Return on equity (ROE) is an impressive 19.13%, well ahead of global bank averages.

Valuation Metrics Highlight Undervaluation:

• The P/E ratio stands at a modest 6.59, with Price/Book at just 1.15—leaving ample room for multiple expansion.
• The dividend yield of 4.36% provides an attractive cash return, especially when compared to global peers and regional inflation rates.

Structural Strengths:

• Emirates NBD’s dominant home-market franchise controls over a third of UAE credit card market share, and boasts a solid institutional shareholding (47%).
• Its scale, brand strength, and continued expansion (now in 13 MENAT countries) position it as a true regional champion.
• The group’s technological leadership, especially in digital and AI banking, adds a layer of competitive moat that is increasingly rare in regional financials.

Volume and Liquidity

Active market participation is integral to any bank’s market profile—and Emirates NBD is no exception:

• Average 3-month trading volume: 2.22 million shares, providing healthy turnover and ensuring ease of entry and exit, even for large institutional positions.
• The free float structure is well-balanced, supporting dynamic price discovery and minimizing liquidity risk for new entrants or those scaling up exposure.
• Low beta (0.25) implies that the stock exhibits only moderate sensitivity to broader market swings, further underpinning stability and the appeal for both risk-conscious and momentum-oriented investors.

Catalysts and Positive Outlook

A variety of powerful catalysts point to continued outperformance in 2025 and beyond:

• Geographic Expansion:
• Saudi Arabia: The 57% growth in loans and expanded physical presence position Emirates NBD at the heart of the GCC’s economic rebalancing.
• India entry: Regulatory approval to establish a local subsidiary opens one of the largest global growth markets to ENBD’s innovative offerings.
• Innovation and Digital Transformation:
• Sector-leading partnerships (notably with Microsoft on generative AI) position ENBD to further digitize both retail and corporate banking, translating into superior customer acquisition and retention.
• Already, 98% of new accounts originate from mobile—a testament to digital penetration few regional competitors can match.
• ESG Leadership:
• ENBD has cemented its first-mover status as the world’s largest issuer of sustainability-linked bonds—a key differentiator for global and ESG-conscious capital pools.
• The group’s advances in LEED Platinum-certified branches and local digital talent programs further strengthen its sustainable brand positioning.
• Private Banking and Wealth Management:
• With AUM exceeding $44 billion and rapid growth in private banking, ENBD is not just a commercial banking powerhouse, but also an emergent regional asset management leader.
• Upward Macro Backdrop:
• Broad-based optimism and a strengthening UAE economic cycle reinforce the likelihood of continued credit and fee income growth.
• Structural changes in regulation, consumption patterns, and ongoing government investment provide tailwinds for sustained momentum.

Investment Strategies

Emirates NBD’s current position opens a variety of attractive strategies for investors:

• Short-term:
• Potential for tactical entry on minor pullbacks toward support at 20.50–21.20 AED, ahead of the next results catalyst (Q2 earnings set for 24 July 2025).
• Strong momentum indicators suggest probability of revisiting/rallying above the 23.60 AED resistance.
• Medium-term:
• With macro and sector outlooks bright, and growth catalysts in play (particularly in Saudi and India), the path to the consensus target of 29.50 AED (+30%) seems plausible within the next 6–12 months.
• The solid dividend yield enhances the total return profile during any consolidation phases.
• Long-term:
• Portfolio exposure to Emirates NBD provides not just growth, but also structural downside cushion—thanks to sector dominance, high quality management, technological leadership, and a robust, geographically diversified balance sheet.
• As digital adoption, regional cross-border finance, and ESG leadership gather pace, Emirates NBD’s positioning appears set to compound value for disciplined, patient investors.

Strategic portfolio allocation, particularly when executed near major support levels or in advance of material news flow, could unlock significant value in line with the bank’s transformative ambitions.

Is it the Right Time to Buy Emirates NBD?

Emirates NBD brings together an enviable combination of strengths: exceptional financial results, above-market loan and deposit growth, sector-leading digital and ESG transformation, and substantial expansion headroom in both local and international markets. Its technical picture signals bullish momentum, with every major moving average and oscillator aligning on the buy side. The stock continues to trade at undemanding multiples and offers an attractive yield, while robust liquidity reassures market participants at all levels.

With anticipated new catalysts—ranging from fresh market entries, innovation rollouts, and Q2 earnings in July—standing at the current juncture seems to represent an excellent opportunity for investors to reconsider Emirates NBD’s role within diversified exposure to MENA financials. The evidence points toward Emirates NBD entering a new bullish phase, with fundamentals justifying renewed interest and technical momentum offering timely validation. For those seeking exposure to the intersection of growth, stability, and innovation in the region’s banking sector, Emirates NBD’s upside potential may well prove too significant to ignore.

In summary, Emirates NBD’s trajectory going into 2025 stands out for its blend of growth, resilience, and visionary execution, presenting a high-conviction case for investors seeking to capture the next wave of opportunity across the evolving MENA financial landscape.

How to buy Emirates NBD stock in the UAE?

Buying Emirates NBD stock online is both simple and secure when you use a regulated broker based in the UAE. Investors have two main methods to access Emirates NBD shares: direct spot buying, where you own the shares outright, and trading Contracts for Difference (CFDs), where you can speculate on price changes with leverage. Each method offers different benefits in terms of flexibility, fees, and potential returns. To help you choose the right approach, a detailed broker comparison is available further down the page.

Spot Buying

A cash (spot) purchase means you buy Emirates NBD shares directly on the Dubai Financial Market (DFM), becoming a shareholder and benefitting from potential price rises and dividends. Broker commissions for UAE stocks typically range from AED 10 to AED 20 per order, with the average around AED 18 (about $5) per trade, plus minimal DFM exchange fees.

Important example

Example with a $1,000 investment: With Emirates NBD trading at 22.70 AED per share (~$6.18 per share), a $1,000 investment allows you to buy approximately 161 shares, accounting for a typical brokerage fee of $5.

✔️ Gain scenario: If the share price increases by 10%, your shares would now be worth $1,100.
Result: +$100 gross gain, representing a 10% return on your investment.

Trading via CFD

CFD (Contract for Difference) trading lets you speculate on the price movements of Emirates NBD shares without owning the underlying stock. CFDs allow leverage, often starting from 5x, meaning you can take a larger position with less capital. With CFDs, your costs come mainly from the spread (the buy/sell price difference) and an overnight financing fee if you hold positions for more than a day.

Important example

Example with a $1,000 investment and 5x leverage: You open a CFD on Emirates NBD with $1,000, giving you $5,000 market exposure. If Emirates NBD shares rise by 8%, your gain is 8% × 5 = 40%.

Result: +$400 (excluding fees), on a $1,000 trade.

Final Advice

Before investing in Emirates NBD shares, it’s vital to compare brokers’ fees, trading tools, and support to find the platform that best suits your needs. Whether you prefer the stability of cash share ownership or the flexibility and leverage of CFD trading, your choice should reflect your risk tolerance and financial goals. A comprehensive broker comparison is available further down this page to help you make an informed and confident decision.

Our 7 tips for buying Emirates NBD stock

The latest news about Emirates NBD

Emirates NBD posted outstanding 2024 results, with net profit up 15% and strong loan growth. The bank reported a record pre-tax profit of AED 27.1 billion, a net profit of AED 22.46 billion, and double-digit increases in both loans (+10%) and deposits (+AED 82 billion), underscoring robust business momentum and asset quality—reflected in a record-low cost of risk (0%) and an improved non-performing loans ratio of 3.3%. This excellent performance positions Emirates NBD as one of the UAE's most profitable and resilient banks, further supported by a sustained return on equity of 19.13% and a proposed dividend payout of 100 fils per share for 2024.

Technical indicators signal strong positive momentum, reinforcing analyst consensus on upside potential. As of the end of May 2025, Emirates NBD shares are priced at 22.70 AED, near their 52-week high, and reflect substantial 6-month (+16.3%) and 1-year (+46.5%) gains. All major technical oscillators (RSI, MACD, and moving averages from 5 to 200 days) indicate a "Strong Buy" rating, with the Relative Strength Index nearing 69 and price action well above key support levels. The medium-term analyst consensus points to a target price of 29.51 AED (+30%), with maximum estimates at 30.00 AED, underlining strong confidence in further appreciation driven by both fundamentals and technicals.

Regional expansion and strategic green-light in India unlock new growth avenues. The bank has achieved a 57% year-on-year increase in its loan portfolio in Saudi Arabia and expanded its network to 21 branches there, confirming successful regional diversification. A major milestone was also reached with in-principle approval from the Reserve Bank of India to establish a local subsidiary, giving the bank first-mover advantage among UAE lenders in the fast-growing Indian market. These developments offer new revenue pools and reinforce the bank's position as a leading regional financial institution with a clear international growth trajectory, particularly relevant for UAE-based investors seeking regional exposure.

Digital and innovation leadership accelerated through strategic partnerships and technology adoption. Emirates NBD's digital transformation is progressing rapidly, with 98% of all new retail accounts now opened through mobile platforms. The recently announced partnership with Microsoft to integrate generative AI solutions further boosts innovation in customer experience and operational efficiency, while the bank's wealth management arm now manages over $44 billion in client assets. This advanced digitalization not only enhances customer stickiness in the UAE but strengthens the bank’s competitive edge amid rising digital banking rivalry in the MENAT region.

Strong local foundations and positive macroeconomic backdrop support continued value creation for UAE stakeholders. Commanding a one-third market share of credit cards in the UAE and operating the highest number of LEED Platinum-certified branches globally, Emirates NBD maintains a dominant domestic position complemented by industry-leading sustainability achievements. Broader UAE economic momentum—the Dubai GDP is projected to grow 5% in 2025—provides a favorable environment for sustained business and earnings expansion, with growing investor and institutional confidence as evidenced by high insider and institutional stock participation rates.

FAQ

P. Laurore

Finance expert

Co-founder of HelloSafe and holder of a Master's degree in finance, Pauline has recognised expertise in personal finance, which she uses to help users better understand and optimise their financial choices. At HelloSafe, Pauline plays a key role in designing clear, educational content on savings, investments and personal finance. Passionate about financial education, Pauline strives, with every piece of content she oversees, to provide reliable, transparent and unbiased information for independent and informed financial management. To this end, she has tested over 100 trading platforms to help internet users make the right choices.