Aldar Group delivered strong financial and operational performance during the first half of 2026, supported by sustained momentum across its development business, the strength of its investment property portfolio, and the continued expansion of its operations in several regional and international markets.

The Group’s net profit after tax increased by 18% year over year to AED 4.9 billion, driven by revenue recognition from development projects under construction, as well as the stable earnings generated by its diversified investment property portfolio.

Earnings per share also rose by 17% compared with the same period last year, reaching AED 0.53 during the first half of 2026. The increase reflects Aldar’s solid financial performance and its continued ability to create sustainable value for shareholders.

New Projects Support Aldar’s Growth in Abu Dhabi

In July 2026, Aldar unveiled “Saadiyat Marina,” marking the launch of the final phase of Saadiyat Island’s master plan.

The master plan has a total development value of AED 100 billion, with Aldar responsible for projects worth AED 60 billion. Project launches are scheduled to begin during the second half of the year.

The Group also announced “Yas Point,” a mixed-use waterfront destination on Yas Island with a development value of AED 6 billion.

Alongside the announcement of the new destination, Aldar launched its first residential project within Yas Point, “The Canopies,” further strengthening its portfolio of premium developments across Abu Dhabi’s leading real estate destinations.

Aldar’s Sales Reach AED 12.1 Billion

Aldar Group recorded development sales of AED 12.1 billion during the first half of 2026, reflecting its balanced approach to launching new projects in the UAE in line with market conditions and demand levels.

During the second quarter, the Group launched three successful projects in the country, allowing it to continue benefiting from strong demand for high-quality residential developments.

The backlog of development revenue reached AED 71.6 billion by the end of June 2026, including AED 59.9 billion linked to projects in the UAE.

This backlog provides clear visibility into the revenue expected to be recognized over the next two to three years, supporting stable cash flows and strengthening the Group’s ability to maintain its growth trajectory.

International Buyers Drive Demand for Aldar Projects

Aldar’s projects in the UAE continued to attract strong interest from international buyers and foreign residents, whose purchases reached AED 7.6 billion during the first half of the year.

These sales represented around 80% of the Group’s total sales in the UAE, highlighting the continued appeal of the country’s real estate market and the strong demand for Aldar’s developments in Abu Dhabi and other key destinations.

In international markets, Aldar’s subsidiaries “SODIC” and “London Square” increased their contribution to the Group’s overall sales.

SODIC’s sales grew by 171% during the first half of 2026, while London Square recorded growth of 236%, reflecting the rapid expansion of Aldar’s operations in Egypt and the United Kingdom.

Strong Growth in the Investment Property Sector

Aldar Investment recorded an 18% year-on-year increase in adjusted earnings before interest, taxes, depreciation, and amortization during the first half of 2026, reaching AED 1.8 billion.

The growth was supported by higher occupancy rates, rising rental income, and the contribution of recent strategic acquisitions.

Key transactions included the acquisition of a logistics portfolio in Khalifa Economic Zones Abu Dhabi, known as KEZAD, as well as “The Link” buildings in Masdar City during the second quarter.

The value of assets managed by Aldar Investment also increased to AED 56 billion, strengthening the Group’s recurring income base and supporting its ability to deliver sustainable growth.

The value of Aldar’s “develop-and-hold” portfolio, which is designed to support future income growth, reached AED 20 billion following the addition of five new projects during the second quarter and the completion of a facility for Emirates Snack Foods.

New Partnerships to Develop Affordable Rental Housing

The second quarter included several major announcements related to Aldar’s develop-and-hold portfolio, most notably a partnership between Aldar and Abu Dhabi’s Department of Municipalities and Transport valued at AED 2.8 billion.

The partnership aims to develop 9,000 rental homes as part of a project designed to provide affordable housing solutions and support the residential needs of the community.

In Dubai, Aldar acquired a residential project and a community retail facility in Dubai Studio City, further expanding the Group’s presence in the emirate and increasing the diversity of its real estate portfolio.

Continued Expansion in the Education Sector

Aldar Group continued to strengthen its investment in education through plans to establish a British school within the new “Alghadeer Gardens” development.

The Group also plans to relocate Cranleigh Abu Dhabi to a new, modern, fully integrated campus on Saadiyat Island.

These initiatives form part of Aldar’s strategy to develop integrated communities that bring together housing, education, services, and amenities while providing residents with a high-quality living environment.

Strong Liquidity Position of AED 37.1 Billion

The Group reinforced the strength of its financial position after closing a sustainability-linked revolving syndicated credit facility worth AED 5 billion in April 2026.

The facility increased Aldar’s liquidity position to AED 37.1 billion, including AED 16.8 billion in available and unrestricted cash, as well as AED 20.3 billion in committed and undrawn bank facilities.

This strong financial position provides the Group with additional flexibility to deliver its current projects, support its expansion plans, and pursue new investment opportunities in the UAE and international markets.

Long-Term Strategy Supports Sustainable Growth

His Excellency Mohamed Khalifa Al Mubarak, Chairman of Aldar, said the performance achieved by the Group during the first half reflects the success of a long-term investment strategy that has contributed to building a diversified business ecosystem supported by exceptional financial strength. He emphasized that this diversification has enabled Aldar to benefit from Abu Dhabi’s rapid growth, supported by sustained demand for its projects, higher occupancy rates, and rental growth across its AED 56 billion investment portfolio, helping the Group continue to deliver sustainable growth and long-term value for shareholders and the communities it serves.

For his part, Talal Al Dhiyebi, Group Chief Executive Officer of Aldar, said the first-half results reflect the strength and diversity of the Group’s business model, driven by revenue growth, an 18% increase in net profit, continued momentum across the development business in the UAE, and the accelerated expansion of operations in the United Kingdom and Egypt. He also highlighted the strong demand from international buyers and foreign residents for new projects, as well as Aldar Investment’s continued efforts to strengthen recurring income through its investment portfolio.

He confirmed that the Group will remain focused during the coming period on delivering projects under construction, completing its develop-and-hold portfolio, and creating long-term value by leveraging Aldar’s financial strength and operational capabilities.

Positive Outlook for Aldar in 2026

Aldar’s first-half results underline the strength of its diversified business model, which combines property development, investment real estate, geographic expansion, and investment in sectors that support integrated communities.

With development revenue backlog reaching AED 71.6 billion, assets under management rising to AED 56 billion, and liquidity standing at AED 37.1 billion, the Group remains supported by strong financial and operational foundations that position it to execute its plans and continue delivering growth in the coming periods.