▪ H1 net profit after tax increased 18% YoY to AED 4.9 billion, driven by realisation of development revenue backlog and resilient earnings from a diversified, defensive investment properties portfolio. Earnings per share grew 17% YoY to AED 0.53 in H1.
▪ Group development sales of AED 12.1 billion in H1 reflected a measured approach to new launches in the UAE in response to market conditions, with three successful UAE projects launched in Q2.
▪ Development backlog was AED 71.6 billion at the end of June, including AED 59.9 billion in the UAE, driving
revenue recognition over the next 2-3 years.
▪ Sustained appeal among international customers, with UAE sales to overseas and expat resident buyers at AED 7.6 billion in H1, 80% of total UAE sales.
▪ Aldar’s international businesses, SODIC and London Square, increased their contributions to group sales, with H1 2026 sales up 171% and 236% respectively.
▪ In July, Aldar unveiled Marsa Al Saadiyat, activating the final phase of Saadiyat Island’s masterplan with
an AED 100 billion GDV, of which Aldar will develop AED 60 billion with launches commencing in H2.
Aldar also announced Yas Point, an AED 6 billion mixed-use waterfront community on Yas Island, and launched its first development, The Canopies.
▪ Aldar Investment’s2 H1 2026 adjusted EBITDA rose 18% YoY to AED 1.8 billion supported by high occupancy and rental growth, as well as recent strategic acquisitions, including a logistics portfolio at KEZAD and The Link at Masdar City in Q2.
▪ Aldar Investment AUM rose to AED 56 billion. The develop-to-hold (D-hold) pipeline, which supports future income growth, stands at AED 20 billion following the addition of five new projects in Q2, and completion of a facility for Emirates Snack Foods.
▪ Among d-hold announcements in Q2, Aldar and Abu Dhabi’s Department of Municipalities and Transport entered a AED 2.8 billion partnership to develop 9,000 value housing rental units, while in Dubai Aldar acquired a residential and community retail development project in Dubai Studio City.
▪ Aldar continues to invest in education with a British school planned for the new Al Ghadeer Gardens
development, and relocation of Cranleigh Abu Dhabi to a new state-of-the-art facility on Saadiyat Island.
▪ Aldar closed a AED 5 billion sustainability-linked revolving syndicated credit facility closed in April.
This enhanced Aldar’s liquidity position, which stands at AED 37.1 billion, including AED 16.8 billion in free and unrestricted cash and AED 20.3 billion in committed undrawn bank facilities.
Aldar’s Resilient Business Model Delivers 18% Net Profit Growth In H1 2026
