Dubai United Arab Emirates
Aldar Real Estate Group’s net profit after tax increased by 19% year-on-year during the first nine months of 2026 to AED 7.1 billion, supported by the accumulated revenue of development projects and the strong performance of the diversified investment real estate portfolio.
Earnings per share grew by 20% year-on-year to AED 0.77 during the same period, as the Group’s business continued to grow and its development and investment activities expanded, according to Al Khaleej newspaper.
Development sales of AED 18.9 billion
The Group achieved development sales of AED 18.9 billion during the first nine months of 2026, the third quarter of which accounted for AED 6.8 billion, while sales within the UAE reached AED 14.4 billion.
Aldar has launched seven new projects during the third quarter, bringing the total projects since the beginning of the year to 12 projects
Aldar has launched seven new projects during the third quarter, bringing the total projects it has launched since the beginning of the year to 12 projects, benefiting from the continued demand for new projects and available units within its real estate inventory.
The Group’s projects in the UAE continued to attract international buyers and foreign residents, whose purchases amounted to AED 11.3 billion during the first nine months, equivalent to 78% of the total sales recorded within the country.
Accumulated revenues exceed AED 71 billion
The accumulated revenue for development projects reached AED 71.6 billion at the end of September, of which AED 59.3 billion was linked to the Group’s projects in the UAE, providing a clear vision of the revenue expected to be recorded over the next two to three years.
Aldar Development’s long-term portfolio of projects has expanded with the announcement of new destinations, most notably Saadiyat Marina, in which the Group develops projects worth AED 60 billion, and Yas Point with a development value of AED 6 billion.
Al Diar, Solidere and London Square continued to expand their business and boost their shareholding in the Group’s sales, with sales increases of 99 per cent and 177% respectively for the first nine months of 2026.
The value of assets managed by Aldar Investments amounted to about 57 billion dirhams
Strategic partnerships and expansion of investments
Aldar has announced a strategic partnership with Arad, which opens the way for development opportunities worth AED 11 billion for the joint venture between the two sides, in addition to the sale of plots of land on Yas Island to Arada.
Adjusted earnings before interest, tax, depreciation and depreciation for Aldar Investment increased by 21 per cent year-on-year for the first nine months to AED 2.8 billion, supported by increased occupancy rates and rental growth, as well as the contribution of strategic acquisitions and completed assets within the development project portfolio and retention in the promotion of recurrent revenue.
Aldar Investment Assets Increase to AED 57 Billion
Aldar Investments’ assets are worth AED 57 billion, driven by new acquisitions and the completion of a number of projects, including the Emirates Sack Foods chilled storage and distribution facility, and the first phase of the premium-class logistics complex at the National Industries Park in Dubai.
During the third quarter, Aldar and Mubadala, through their joint venture established in 2024, acquired the nearly fully occupied Madinat Masdar Complex in a deal worth AED 918 million.
The value of the portfolio of development and retention projects reached AED 21.3 billion, enhancing the prospects for income growth in the coming years, following the announcement of new projects worth AED 6.6 billion since the beginning of the year.
In October, Aldar signed a pre-purchase agreement worth AED 1.1 billion, covering more than 1,100 residential units within Arad’s Aljada project, marking the Group’s first real estate investment in Sharjah.
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