Today's Edition
A. SREENIVASA REDDY (ABU DHABI)
Aldar Properties reported a record profit after tax of Dh8.8 billion for 2025, representing a 36% year-on-year increase, driven by strong development sales, higher revenue recognition from backlog and the expansion of its investment properties portfolio, according to its annual results statement.
Profit before tax rose 45% year on year to Dh10 billion, while EBITDA increased 46% to Dh11.2 billion, reflecting broad-based growth across the group’s development and investment platforms.
Revenue for the full year climbed 47% to Dh33.8 billion, supported by record sales activity and resilient demand across key real estate segments. Earnings per share increased to Dh0.96 for the year.
Aldar’s group sales reached an all-time high of Dh40.6 billion in 2025, up 21% year on year, with UAE sales accounting for Dh35.5 billion. International and expatriate buyers remained a key driver, with overseas and expat resident customers contributing Dh27.4 billion, representing 77% of total UAE sales.
The group’s development revenue backlog rose to a record Dh71.7 billion, including Dh61 billion in the UAE, providing visibility on revenue recognition over the next three years.
The company continued to expand its development pipeline and landbank, replenishing sites across Abu Dhabi and the wider UAE with a gross development value exceeding Dh120 billion, including the expansion of Abu Dhabi’s financial district on Al Maryah Island, strategic land plots in key Abu Dhabi destinations, and the expansion of the Dubai Holding joint venture.
During the year, Aldar awarded Dh66 billion in development contracts, with Dh30 billion recirculated into the local economy through the National In-Country Value programme.
The statement also noted the creation of a Dh9.8 billion retail platform, which consolidated Yas Mall and The Galleria Luxury Collection following the completion of a 75:25 joint venture with Mubadala.
It further highlighted the establishment of Aldar Capital in partnership with Mubadala Capital, creating a new institutional investment management vehicle aimed at connecting global investors with real asset opportunities across the UAE and the wider GCC.
Aldar said it raised Dh18.7 billion in capital in 2025 and continued to strengthen its liquidity position through a $1 billion issuance of subordinated hybrid notes in January 2026.
The board recommended a dividend of Dh0.205 per share, an increase of 10.8% year on year, translating into a total dividend payout of Dh1.61 billion for 2025.
In the fourth quarter, Aldar reported net profit after tax of Dh2.9 billion, up 49% year on year, while EBITDA rose 49% to Dh3.4 billion. Quarterly revenue increased 58% to Dh10.3 billion, supported by strong demand for new project launches and continued momentum in existing inventory.
Commenting on the results, Mohamed Khalifa Al Mubarak, Chairman of Aldar, said: “Aldar’s record performance and accelerated growth trajectory are a clear reflection of the UAE’s strong macroeconomic fundamentals and Abu Dhabi’s emergence as a globally competitive destination for capital, talent and innovation.
"The emirate’s sustained investment in its domestic economy, alongside a continued focus on enhancing liveability, and its success in attracting international businesses and entrepreneurs, continue to create deep and diversified opportunities across the full spectrum of real estate asset classes.”
He noted that Aldar’s total backlog across both government and group projects stands at Dh167 billion, underpinning future growth.
Talal Al Dhiyebi, Group Chief Executive Officer of Aldar, said 2025 marked a year of record financial performance, driven by strong demand for new launches and a resilient real estate market.
Looking ahead, he said: “Aldar is poised to sustain growth and deliver long-term value for shareholders, supported by financial strength, institutional capabilities and disciplined execution.”
He added that the company remains focused on disciplined capital deployment and scaling its investment platform to support long-term shareholder value.
