Aldar has shared the company’s recent highlights in Q3 2026, which comprises achieving development sales totalling AED 18.9bn in nine months (9M) 2026, including AED 6.8bn in Q3. 9M UAE sales stood at AED 14.4bn, while year to date sales stand at over AED 20bn. Aldar introduced seven projects during the quarter, bringing the year-to-date total to 12, reflecting accelerated launch momentum in Q3 with sustained demand for both new projects and existing inventory.
The Group saw 9M net profit after tax increase 19% YoY to AED 7.1bn, driven by backlog conversion and resilient earnings from a diversified investment properties portfolio. Earnings per share grew 20% YoY to AED 0.77 in 9M.
Aldar saw demand from international customers with UAE sales to overseas and expatriate resident buyers at AED 11.3bn in 9M, 78% of total UAE sales. Development backlog was AED 71.6bn at the end of September, including AED 59.3bn in the UAE, providing revenue visibility over the next two to three years.
The Group has benefitted from an expanded long-term pipeline through the unveiling of new destinations including Marsa Al Saadiyat (AED 60bn GDV) and Yas Point (AED 6bn GDV). Aldar’s international businesses, SODIC and London Square, maintained strong momentum and increased their contributions to group sales, with 9M 2026 sales up 99% and 177% respectively.
“Abu Dhabi continues to demonstrate the strength of its economic foundations, supported by a clear long-term vision, sustained investment in infrastructure and lifestyle, and a progressive business environment.
“These strengths continue to underpin the emirate’s attractiveness as a destination to live, work and invest. Aldar’s performance reflects these foundations; alongside the deliberate investment decisions we have made over time to build a more diversified and resilient business.
“With AED 71.6bn in development revenue backlog and AED 57bn in assets under management, we have established a platform with substantial visibility over future earnings.
“As Abu Dhabi’s economic, social, and cultural ambitions accelerate, we remain focused on contributing to the Emirate’s development through strategic partnerships, disciplined investment and the creation of high-quality communities and assets that deliver enduring value for our shareholders and the people we serve.”
H.E. Mohamed Khalifa Al Mubarak, Chairman, Aldar
In September, Aldar announced a strategic partnership with Arada creating AED 1bn in development opportunities for the Aldar-Arada joint venture in Seih Al Sedeirah and the sale of land plots on Yas Island to Arada. Aldar Investment in 9M 2026 adjusted EBITDA rose 21% YoY to AED 2.8bn supported by high occupancy and rental growth, with recent acquisitions and completed develop-to-hold (d-hold) assets expanding its recurring-income base.
In addition, AUM rose to AED 57bn through new acquisitions and completed projects, including Emirates Snack Foods cold store facility and Phase One of the Grade A logistics centre at National Industries Park in Dubai. The d-hold pipeline, which supports future income growth, stands at AED 21.3bn following AED 6.6bn in new projects announced YTD.
“Aldar’s performance in the first nine months reflects the growing strength and maturity of our business, and our ability to maintain momentum while responding to changing market conditions with discipline.
“Following a measured approach to new launches during the first half, we accelerated activity in Q3 with encouraging demand for our new communities. Overseas and expatriate resident buyers accounted for 78% of UAE development sales, reinforcing Abu Dhabi’s continued appeal to a broad and diverse customer base.
“Alongside this momentum, we have maintained our focus on executing our substantial development backlog, while investments made across our recurring-income platform in recent years are delivering increasingly meaningful contributions to earnings.
“Our AED 21.3bn develop-to-hold pipeline provides further opportunities to expand and diversify this income base, strengthening the resilience of our business and supporting future growth. As we enter the final quarter, our priorities remain firmly on execution, converting customer demand into sales and progressing our expanding development and investment pipelines.
“With the scale and diversity of our platform, we are well positioned to sustain momentum and pursue new opportunities while maintaining our commitment to disciplined capital deployment and long-term value creation.”
Talal Al Dhiyebi, Group CEO, Aldar
In Q3, Aldar and Mubadala acquired the near-fully occupied Masdar City Square for AED 918m, through the joint venture established in 2024. In October, Aldar also agreed the AED 1.1bn forward purchase of over 1,100 residential units at Arada’s Aljada development, marking its first real estate investment in Sharjah.
Aldar benefits from funding access and financial flexibility following the USD 2bn of hybrid issuances in Q1 and the closing of an AED 5bn sustainability-linked revolving syndicated credit facility in Q2. Group liquidity stood at AED 38.2bn at the end of Q3.
