ABU DHABI (ALETIHAD)

Aldar Properties remains on track to hand over more than 3,500 units in 2026, supported by steady construction progress, resilient supply chains, and sustained project delivery momentum. 

The company completed the construction of 1,075 homes during the first quarter of 2026, including 550 units delivered in March alone. 

Construction activity is progressing across 141 sites in Abu Dhabi, Dubai, and Ras Al Khaimah, with more than 30 million hours completed in March, marking a 20% increase compared to the same month in 2025. Three new construction sites were also activated during the month. 

Aldar awarded development contracts worth Dh4.7 billion in the first quarter, with Dh1.8 billion awarded in March to five UAE-based contractors. The company also recirculated Dh1.78 billion into the local economy through the National In-Country Value (ICV) programme. 

The company continues to strengthen its supply chain through a diversified network of local contractors and suppliers, supported by long-term partnerships and a focus on in-country procurement. In March, Aldar paid Dh1.55 billion to 71 contractors across its projects. 

A total of 172 tenders remain active across Aldar’s developments, with a combined value exceeding Dh30 billion.

Talal Al Dhiyebi, Group Chief Executive Officer of Aldar, said: “The swift and proactive response of the UAE’s leadership to protect our nation and support its people has allowed us to continue operating our business without interruption and serving our customers safely. Against this backdrop, we are maintaining our delivery momentum, awarding new construction contracts, and further strengthening our supply chain, while continuing to positively contribute to the national economy.

"We are working closely with the government, our partners, and suppliers to maintain this positive momentum and continue to deliver for our customers and communities.” 

Looking ahead, Aldar is set to launch the first phase of Yas Park Place in North Yas in April, a residential development overlooking Yas Central Park. 

Across its portfolio, the company manages 155,000 residential units and more than 2.2 million square metres of commercial space, which remained fully operational during the period, supported by enhanced community and facilities management services. 

Aldar’s operations are supported by close coordination with key government entities, contributing to market stability and reinforcing confidence in the UAE’s real estate sector. 

The company maintains a strong financial position, with available liquidity exceeding Dh30 billion and a well-managed debt profile. Total revenue backlog across Aldar and government projects stood at Dh167 billion at the end of 2025. 

Aldar has also committed Dh100 million to the “Mother of the Nation Endowment for Orphans”, reflecting its continued focus on social development initiatives.