Aldar revenue jumps 50% as overseas buyers fuel UAE sales

• Developer posts record sales in 2025
• Foreigners buy 75% of property in UAE
• Net profit up to AED9bn

Aldar, the largest property developer in Abu Dhabi, said revenues rose by nearly half last year, with sales to foreigners accounting for three-quarters of the total in the UAE.

Group sales hit a record high of AED41 billion ($11.2 billion), up 21 percent year on year, with UAE sales contributing AED36 billion. Sales in the UAE to overseas and expat residents were worth AED27 billion.

Net profit rose 36 percent to AED9 billion, driven by the realisation of development revenue backlog and an expanded investment properties portfolio. Revenue was AED34 billion.

The bottom line for the year rose 49 percent to AED2.9 billion, while revenue jumped 58 percent year on year to AED10.3 billion.

Fourth quarter group sales were AED12 billion, up 25 percent on the year before, driven by three new UAE launches: Yas Living, The Row Saadiyat and Yas Riva Residences. 

The company’s development revenue backlog rose to AED72 billion, including AED61 billion in the UAE.

Aldar awarded AED66 billion in development contracts in the UAE last year, with AED30 billion recirculated to the local economy.

“Our assets under management increased to AED49 billion in 2025. We will expand this substantially in the years ahead,” chairman Mohamed Khalifa Al Mubarak said in a statement.

The developer holds more than AED14 billion in free and unrestricted cash and over AED16 billion in committed undrawn bank facilities as of the end of December 2025.

Aldar raised AED19 billion in capital last year and strengthened its liquidity and financial flexibility through a $1 billion issuance of subordinated hybrid notes in January 2026. 

Further reading:

• Aldar and Dubai Holding to build 14,000 homes in emirate
• Aldar and Mubadala tie-up to scale Abu Dhabi retail offerings
• Aldar to build $6bn of residences on latest land purchase

The board plans to pay a dividend of AED1.6 billion for 2025, an 11 percent year-on-year increase.  

This month Aldar and Dubai Holding, an investment conglomerate owned by Sheikh Mohammed bin Rashid Al Maktoum, expanded their real estate development joint venture formed in 2023 by acquiring two land plots in Dubai that will house almost 14,000 new homes.

Aldar and Mubadala Investment Company, the $330-billion sovereign wealth fund, also moved two of Abu Dhabi’s largest malls under the control of a joint venture they established two years ago.

And Aldar expanded its land bank in the emirate by over 2 million square metres and aims to deliver 3,000 new residential units.

The developer was listed on the Abu Dhabi Securities Exchange in 2005. Its share price rose 0.8 percent to AED10.32 on Friday and is up around 19 percent so far this year.

Abu Dhabi conglomerate International Holding Company owns 33.61 percent of Aldar, according to its 2024 annual report.