ABU DHABI: Aldar, one of the Middle East’s leading real estate developers, has posted a remarkable 43 per cent year-on-year jump in net profit before tax to AED6.8 billion for the first nine months of 2025, as robust demand, strategic launches, and international investment fuel a banner year for the group.
Net profit after tax reached AED6.0 billion, up 30 per cent year-on-year, with earnings per share coming in at AED0.64.
Development sales for the period surged 19 per cent to AED28.5 billion, driven overwhelmingly by the UAE market, which accounted for AED26.5 billion. The company notched up a quarterly UAE sales record of AED9.1 billion in Q3, buoyed by high demand for existing inventory and the successful launch of three new projects—Fahid Beach Terraces, Rise by Athlon, and Al Deem Townhomes.
Aldar’s international appeal remains undiminished, with AED20.4 billion of UAE property sales in the first nine months secured by overseas and expatriate residents—an impressive 77 per cent of total UAE sales. The trend underscores the strength of the UAE’s real estate market among global investors, attracted by the country’s reputation for safety and economic opportunity.
Record backlog
Aldar’s development revenue backlog soared to an all-time high of AED66.5 billion, including AED57.3 billion in the UAE. This substantial pipeline secures visibility for revenue recognition over the next two to three years, positioning Aldar for sustained growth.
Meanwhile, Aldar Investment saw its nine-month adjusted EBITDA rise 17 per cent year-on-year to AED2.3 billion, underpinned by high occupancy, rising rents, and strategic acquisitions. Assets under management now stand at AED47 billion.
Chairman Mohamed Khalifa Al Mubarak attributed the results to both the UAE’s robust economic growth and Aldar’s diversified business model. “Our unprecedented activity across the Group speaks to our ability to match the UAE’s growing demand for high-quality real estate,” he said. “With a record development backlog and a develop-to-hold pipeline of AED17.6 billion, we’re laying the groundwork for long-term value creation.”
Group CEO Talal Al Dhiyebi emphasized the momentum behind Aldar’s Q3 performance, pointing to strategic investments that have strengthened the group’s market position.
“The strong mix of domestic sales and growth from overseas buyers reflects the UAE’s attraction as a global investment destination. Our investment portfolio continues to deliver through rising occupancy and rental income, and our pipeline has expanded to support further demand across asset classes,” he noted.
Aldar’s results highlight not only the group’s operational strength but also the broader trends shaping the UAE’s property sector: international capital inflows, a stable economic outlook, and relentless demand for innovative developments.
Both the Chairman and the CEO signaled confidence in Aldar’s ability to harness positive macroeconomic trends and play a leading role in the UAE’s ongoing economic transformation. With its strategic vision, execution capabilities, and expanding portfolio, Aldar appears well-placed for continued growth while helping to shape the future of the region’s urban landscape.
