Aldar Properties, the UAE-based real estate company listed on the Abu Dhabi Securities Exchange, reported a 25.1% year-on-year increase in net profit for the third quarter of 2026, reaching AED 1.913 billion. This growth was driven by a 23.1% increase in gross profit to AED 3.387 billion and a 30.9% rise in finance income to AED 274.8 million.
Revenues and rental income rose by 16.4% year-on-year in the same period, to AED 9.345 billion, compared to AED 8.026 billion in the third quarter of 2025.
Meanwhile, the profit attributable to shareholders of Aldar Properties during the nine-month period of this year increased by 19%, on an annual basis, to AED 6.118 billion, compared to AED 5.142 billion in the same period of 2025.
Revenue and rental income rose during the nine months by 11.2%, year-on-year, to AED 26.188 billion, compared to AED 23.553 billion in the same period of 2025.
It is worth noting that during the first half of this year, the profit attributable to shareholders of Aldar Properties amounted to approximately AED 4.205 billion, with an annual growth rate of 16.4%.
Sales for Aldar Properties declined by 43% during the second quarter of 2026 to AED 5.4 billion, while sales fell by 34% in the first half to AED 12.1 billion. The impact of the decline was partially mitigated by the sales activity of SODIC in Egypt and London Square in the United Kingdom.
At the UAE level, total sales during the second quarter declined by 61% to AED 3.5 billion, while sales for the first half of the year decreased by approximately 46% to AED 9.4 billion.
