Aldar Properties' profits jump 20% in the first quarter of 2026.
Aldar Properties recently announced its financial results for the first quarter of 2026, reporting a 20% year-on-year increase in net profit after tax to $626.7 million (AED 2.3 billion) ,Earnings per share also rose by 25% to $0.07 (AED 0.25).
According to a press release, the group recorded sales of $1.83 billion (AED 6.7 billion) during the first quarter, of which $1.61 billion (AED 5.9 billion) was generated within the UAE. Sales to international buyers reached $1.44 billion (AED 5.3 billion), representing 88% of the company's total sales in the UAE.
The accumulated revenues for development projects reached $19.65 billion (AED 72.1 billion), while Aldar Investment recorded an 18% growth in adjusted earnings before interest, taxes, depreciation and amortization to $246.6 million (AED 905 million), and assets under management rose to $14.17 billion (AED 52 billion).
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