Aldar Properties has announced an impressive financial performance for the first half of 2026, reporting a net profit of Dh4.9 billion, an 18% increase compared to the same period last year. The strong results were driven by revenue recognition from the company’s substantial development backlog and steady income from its diversified investment property portfolio.

The developer generated Dh16.8 billion in revenue, reflecting an 8% year-on-year increase, while EBITDA climbed to Dh6.3 billion. These results highlight Aldar’s ability to maintain solid financial growth despite adopting a measured approach to new project launches in response to changing market conditions.

A key driver of Aldar’s success is its Dh71.6 billion development backlog, including Dh59.9 billion in projects across the UAE. This extensive pipeline provides strong revenue visibility over the next two to three years and reinforces confidence in the company’s long-term growth strategy.

Although development sales declined compared to the previous year, international and expatriate investors continued to play a significant role. Overseas buyers accounted for 80% of total UAE sales, demonstrating sustained global confidence in Abu Dhabi’s real estate market.

Aldar’s international operations also delivered exceptional performance. Its Egypt-based developer SODIC and UK subsidiary London Square recorded significant sales growth, helping diversify the company’s revenue sources and strengthen its global presence.

Looking ahead, Aldar plans to capitalize on growing demand with new luxury and mixed-use developments, including major projects on Saadiyat Island and Yas Island. Backed by a strong project pipeline, resilient recurring income, and continued investor confidence, the company remains well-positioned to support Abu Dhabi’s expanding real estate sector and deliver sustainable growth in the coming years.