Aldar Properties, Abu Dhabi's Leading Developer, Reports 30% Net Profit Increase to AED 6 Billion in Q1-Q3 2025
Overview
Aldar Properties, a leading Abu Dhabi-based real estate developer, announced that its net profit after tax reached AED 6 billion in the first nine months of 2025, marking a 30% increase year-on-year. This remarkable growth is attributed to the strong performance of both the company's development and investment businesses.
Details of Remarkable Performance
The company's performance from January to September 2025 demonstrated robust growth, despite an increase in the corporate tax rate in the UAE.
- Net Profit: AED 6 billion (up 30% year-on-year)
- Revenue: AED 23.6 billion (up 43% year-on-year)
- EBITDA: AED 7.8 billion (up 44% year-on-year)
Particularly in the third quarter alone, net profit reached AED 1.9 billion, recording a significant increase of 49% compared to the same quarter in 2024.
Development Business Driving Growth
Aldar's development division achieved significant growth in both revenue and profit.
- Nine-month Revenue: AED 17.1 billion (up 50% year-on-year)
- Nine-month EBITDA: AED 5 billion (up 58% year-on-year)
Group-wide sales reached AED 28.5 billion, with UAE domestic sales accounting for AED 26.5 billion. Notably, UAE domestic sales in the third quarter reached AED 9.1 billion, setting a new quarterly record. These strong sales are underpinned by robust domestic demand and growing interest from international investors.
Furthermore, international operations in countries such as Egypt and the UK significantly contributed to the company's revenue.
Investment Business as a Stable Revenue Base
Aldar's investment division, managing assets totaling AED 47 billion, also showed stable growth.
- Adjusted EBITDA: AED 2.3 billion (up 17% year-on-year)
This growth is supported by high occupancy rates and increased rental income. Residential assets, in particular, maintained a high occupancy rate of 98%. In the commercial property sector, Yas Mall recorded double-digit growth in tenant sales and footfall, boosting overall performance.
Commitment to Sustainable Growth
Aldar reported significant progress not only in financial success but also in environmental, social, and governance (ESG) aspects.
- Energy Use Efficiency: 31% improvement
- Construction Waste Recycling Rate: 86%
- Percentage of UAE National Employees: Reached 44.3%
These initiatives demonstrate the company's focus on sustainable growth and its commitment to contributing to the local community.
Conclusion
Aldar Properties' performance up to the third quarter of 2025 clearly demonstrates the strength of the UAE economy and the success of the company's diversified business model. With a record backlog of development projects and robust real estate demand from both domestic and international sources, significant expectations are placed on the company's future growth.
Reference Article: Aldar reports Dh6 billion net profit in first nine months of 2025, marking 30% growth - Khaleej Times