Aldar Properties, Abu Dhabi’s premier real estate powerhouse, has delivered an impressive 33% year-on-year increase in net profit for Q1 2025, reaching Dh2.2 billion. This milestone reinforces Aldar’s strategic vision, highlighting its unmatched leadership in the UAE’s evolving property market. With surging international demand and robust local investor confidence, Aldar continues to set new benchmarks across the real estate investment and development landscape.
Exceptional UAE Property Sales Surpass Dh8.4 Billion in Q1 2025
Driven by relentless demand from global investors and expatriates, Aldar’s UAE real estate sales rocketed 38% year-on-year to an unprecedented Dh8.4 billion. A significant 87% of these sales—Dh7.4 billion—originated from international buyers and UAE-based expatriates, showcasing Aldar’s global appeal and trusted development portfolio.
Strategic Project Launches: Manarat Living III and The Wilds
Aldar’s momentum was powered by the successful launch of two high-impact residential projects in Q1 2025:
- Manarat Living III, a luxurious lifestyle development on the iconic Saadiyat Island, exemplifies cultural richness and sustainable urban design.
- The Wilds, the third collaboration with Dubai Holding, located in Dubai, caters to an elite segment of eco-conscious urban residents seeking tranquility and modern comfort.
Both developments attracted overwhelming interest during pre-sales, emphasizing the sustained appetite for Aldar’s curated living experiences.
Unmatched Revenue Backlog Secures Long-Term Earnings
Aldar’s financial strength is underpinned by a record-breaking revenue backlog of Dh46.7 billion, up from Dh45.9 billion at the close of December 2024. This substantial pipeline offers visibility and predictability for the next two to three years, fortifying the group’s future earnings trajectory.
Additionally, Aldar achieved Dh3.6 billion in cash collections, driven by efficient project delivery timelines and accelerated handovers. This performance reinforces buyer confidence and Aldar’s operational reliability.
Historic Group Development Backlog Reaches Dh55.7 Billion
The overall group development backlog reached a historic high of Dh55.7 billion, of which Dh46.7 billion is anchored within the UAE. These figures cement Aldar’s dominance in the regional development market and reflect a strong portfolio diversification strategy.
Investment Platform Shows Resilient Growth
Aldar Investment, the income-generating pillar of the group, reported a 10% YoY rise in adjusted EBITDA to Dh764 million. Excluding strategic disposals, the core platform experienced a 20% increase, reflecting effective asset management and growing rental income.
Assets Under Management Surge to Dh46 Billion
With an expanding income portfolio, assets under management (AUM) reached Dh46 billion, marking a significant leap in Aldar’s institutional investment credentials. This expansion is driven by rising occupancy rates and strategic acquisitions across core sectors including retail, residential leasing, and logistics.
Capital Strength and Funding Strategy
Aldar’s capital structure continues to be robust, liquid, and growth-ready, supported by a balanced combination of hybrid instruments and conventional financing. Highlights include:
- Dh3.7 billion in hybrid capital notes providing long-term funding flexibility
- Dh1.8 billion green sukuk, aligning financing with ESG goals
- A massive Dh9 billion syndicated revolving credit facility, ensuring agility and cost-effective liquidity
- Dh1.8 billion hybrid capital injection from Apollo, a strategic international partnership boosting capital strength
These instruments solidify Aldar’s ability to fund ambitious expansion plans and cushion against macroeconomic fluctuations.
Record Liquidity Levels Enhance Financial Flexibility
As of March 2025, free cash reserves stood at Dh10.2 billion, with an additional Dh19.3 billion in undrawn credit facilities. This liquidity profile allows Aldar to remain agile, capitalize on investment opportunities, and maintain consistent shareholder returns.
Shareholder Value Surges with EPS Growth
Earnings per share (EPS) witnessed a 25% year-on-year growth, reaching Dh0.20 per share. This reflects enhanced profitability, disciplined capital allocation, and Aldar’s commitment to maximizing shareholder value.
Leadership Vision Driving Strategic Success
Mohamed Khalifa Al Mubarak, Chairman of Aldar, remarked:
“Aldar’s strong Q1 performance reflects our diversified platform and disciplined growth strategy. With a record Dh55.7 billion development backlog, we are well-positioned to drive long-term value creation in the UAE’s thriving real estate sector.”
Talal Al Dhiyebi, Group CEO, added:
“Our 33% profit growth and Dh8.4 billion in development sales highlight Aldar’s strong market demand. With near-full occupancy in our investment portfolio and a solid financial foundation, we are committed to delivering sustainable growth for stakeholders.”
Aldar’s Market Position: Future-Focused and Globally Respected
With its integrated business model and forward-looking strategy, Aldar has emerged as the definitive leader in UAE real estate. From master-planned communities on Saadiyat Island to innovative partnerships in Dubai, Aldar is shaping the region’s urban future.
Key performance highlights Q1 2025:
- Dh2.2 billion net profit, up 33% YoY
- Dh8.4 billion in UAE sales, up 38% YoY
- Dh46.7 billion UAE revenue backlog
- Dh55.7 billion group development pipeline
- Dh764 million adjusted EBITDA for Aldar Investment
- Dh46 billion AUM
- Dh10.2 billion free cash
- Dh0.20 EPS, up 25% YoY
Conclusion: Aldar Sets the Pace for the UAE Real Estate Sector
Aldar’s Q1 2025 results demonstrate not only financial outperformance but also a vision rooted in sustainable growth, operational excellence, and market leadership. With a rapidly expanding development portfolio, strategic capital management, and a diversified investment base, Aldar is primed to lead the UAE’s property sector into its next phase of innovation and global recognition.
