Real Estate Company Reports Significant Profit Increase

Aldar Properties announced robust financial results for the first nine months of 2025, with net profit after tax surging 30% year-on-year to Dh6.0 billion. This growth was fueled by strong performances in both development and investment sectors, leading to a 43% increase in net profit before tax, reaching Dh6.8 billion. Earnings per share also saw a positive impact, standing at Dh0.64.

The company's development sales reached Dh28.5 billion, marking a 19% increase compared to the previous year. A significant portion, Dh26.5 billion, came from UAE projects, demonstrating strong local demand. The third quarter alone witnessed record-breaking UAE sales of Dh9.1 billion, driven by high demand for existing properties and the launch of new projects. Sales to overseas and expatriate residents contributed Dh20.4 billion, representing 77% of total UAE sales during the first nine months, highlighting the continued international interest in UAE real estate. Aldar's development revenue backlog reached a record Dh66.5 billion, providing strong revenue visibility for the next two to three years.

Aldar Investment also experienced growth, with adjusted EBITDA increasing by 17% to Dh2.3 billion, supported by higher occupancy rates, rent growth, and recent acquisitions. Assets under management reached Dh47 billion. The company's leadership attributed these positive results to the strength of the UAE economy and the scalability of Aldar's diversified business model.

Looking ahead, Aldar is well-positioned to sustain its growth trajectory, supported by a record backlog, expanding portfolio, and robust investor demand. The company's performance underscores its ability to capitalize on the UAE's continued real estate growth, with strategic investments translating into excellent financial results.