Aldar, a leading developer in the region, has reported a nine-month net profit before tax of AED6.8 billion ($1.85 billion), up 43% year-on-year (YoY), while net profit after tax rose 30% YoY to AED6 billion ($1.633 billion).
The results are driven by a broad-based growth across the core business platforms. Earnings per share for the period rose to AED 0.64.
Aldar reported strong group development sales of AED28.5 billion in the nine-month period, up 19% YoY, including UAE sales of AED26.5 billion.
Record quarterly UAE sales of AED9.1 billion in Q3 2025 was driven by high demand for existing inventory and three new UAE launches: Fahid Beach Terraces, Rise by Athlon, and Al Deem Townhomes, the group said.
Result Highlights
* There was sustained interest among international buyers, with UAE sales to overseas and expat resident customers reaching AED20.4 billion in the first nine months of 2025, 77% of total UAE sales.
* Development revenue backlog rose to an all-time high of AED66.5 billion, including AED57.3 billion in the UAE, driving revenue recognition over the next two to three years.
* Aldar Investment’s nine-month adjusted EBITDA rose 17% YoY to AED2.3 billion driven by high occupancy levels, rising rental rates, and uplift from recent strategic acquisitions, with assets under management at AED47 billion.
* Commercial and residential assets in Masdar City, acquired at the end of 2024, contributed AED185 million in adjusted EBITDA in the nine-month period.
* In September, Aldar increased its ownership in Aldar Estates by acquiring a 17.45% stake, bringing its total shareholding to 82.55%.
* Continued progress on develop-to-hold (d-hold) strategy with AED3.8 billion of new projects, bringing the pipeline to AED17.6 billion.
* Strong liquidity position supports prudent growth agenda with AED12.3 billion in free and unrestricted cash, and AED17.4 billion in committed undrawn bank facilities as at end of September 2025.
* Liquidity was further strengthened through two transactions in Q3 2025, totalling AED1.8 billion.
Mohamed Khalifa Al Mubarak, Chairman of Aldar, said: “Aldar’s exceptional performance in the first nine months of the year reflects the strength of the UAE’s economic momentum and the scalability of our diversified business model.
"As the UAE solidifies its position as a global hub for investment, innovation, and talent, Aldar continues to respond to the country’s thriving demand for high-quality real estate with an unprecedented level of activity across the group. Our development revenue backlog has reached a record AED66.5 billion, underscoring the depth of demand for our residential communities, while our AED17.6 billion develop-to-hold pipeline reflects the scale and breadth of our long-term investment strategy. Together, these platforms reflect Aldar’s pivotal role in shaping the nation’s sustainable urban and economic growth.
"With Aldar’s clear strategic vision, capabilities to deliver on our development pipeline and expanded investment portfolio, we continue to capitalise on positive macroeconomic trends and serve as a conduit for the UAE’s ongoing transformation.”
Talal Al Dhiyebi, Group CEO of Aldar, said: “Aldar delivered a record net profit of AED6 billion for the first nine months of 2025, up 30% year-on-year as the strategic investments made across the business in recent years continue to translate into excellent financial performance.
"Aldar’s development business achieved a fresh quarterly UAE sales record of AED9.1 billion in Q3 2025, supported by strong domestic sales and the continued growth of overseas buyers drawn by the UAE’s position as one of the world’s safest and most attractive investment destinations."
"Looking ahead, we remain focused on investing across all our platforms in a disciplined manner to drive sustainable growth, recurring income, and long-term value creation for our shareholders,” he added. -TradeArabia News Service

