Aldar Earnings Surge on Property Boom, Delivering Record AED 6 Billion Profit

Aldar Properties has reported another record-breaking performance, underlining the strength of the UAE’s property market and investor confidence in Abu Dhabi’s real estate sector. The developer posted a net profit after tax of AED 6.0 billion for the first nine months of 2025, marking a 30% year-on-year increase, and the highest in its history—achieved despite growing tax obligations.

Revenue for the period rose 43% to AED 23.6 billion, as nearly every part of Aldar’s portfolio delivered strong returns. In the third quarter alone, net profit climbed 49% year-on-year to AED 1.9 billion, supported by solid property sales and continued rental income growth.

Commenting on the results, Josh Gilbert, Market Analyst at eToro, said: “Aldar’s latest earnings are another sign that the UAE’s largest developer is firing on all cylinders. The company’s ability to combine high-growth development sales with a robust recurring income base makes its business model stand out in today’s market. This double-digit growth is a key reason why Aldar’s shares have rallied this year.”

Aldar’s development business was a standout performer, recording AED 9.1 billion in UAE property sales during Q3—its highest quarterly sales ever—driven by strong demand for new project launches and available inventory. Notably, overseas and expatriate buyers represented 77% of Aldar’s UAE sales during the first nine months of the year, reflecting Abu Dhabi’s growing appeal as a safe-haven investment destination.

This demand has lifted Aldar’s development revenue backlog to a record AED 66.5 billion, securing visibility on future income for the coming years. Meanwhile, the company’s investment portfolio continues to expand, with recent acquisitions—including commercial assets in Masdar City—already contributing to revenue growth.

Flagship destinations such as Yas Mall also reported double-digit increases in tenant sales and footfall, underscoring the strength of Abu Dhabi’s retail and tourism recovery.

“What we’re seeing from Aldar is an exceptional balance between growth and stability,” added Gilbert. “The company is executing well on its long-term strategy, boosting property sales while expanding its base of recurring revenues. For investors, this latest report confirms that Aldar’s growth story still has plenty of room to run.”