The Dar Records Robust H1 2025 Earnings of AED 4.1 Billion, Showcasing Remarkable Growth

Aldar Properties Soars 24% as UAE's Luxury Real Estate Boom Attracts Global Capital

Abu Dhabi's largest developer Aldar Properties has delivered exceptional first-half results, with net profits jumping 24% year-on-year to AED 4.1 billion, driven by record development sales of AED 18.3 billion. The performance underscores the UAE's emergence as a premier destination for ultra-high-net-worth individuals and institutional investors, with international buyers accounting for 84% of Aldar's UAE sales.

Record-Breaking Sales Signal Market Maturity

Aldar's standout achievement was selling a palace in the Faya Al Saadiyat project for AED 400 million in July, marking a new benchmark for luxury real estate in Abu Dhabi. This transaction, alongside the sale of a residential building in Gardens Walk to Hong Kong-based private equity firm GAO Capital for AED 586 million, demonstrates the growing appetite from global institutional investors for UAE real estate assets.

The company's development sales surge of 31% year-on-year was fueled by strong demand for existing inventory and the launch of five new projects across the UAE, including developments on Fahid Island, Waldorf Astoria Residences on Yas Island, and projects in Dubai.

Diversification Strategy Pays Dividends

Investment Platform Expansion

Aldar's investment arm delivered an 18% increase in adjusted EBITDA to AED 1.6 billion, supported by favorable market conditions, high occupancy rates, and rising rental prices. The division now manages assets worth AED 47 billion, significantly bolstered by commercial and residential assets in Masdar City acquired through a partnership with Mubadala.

Logistics and Education Growth

The company expanded its logistics portfolio with a AED 530 million acquisition of high-quality warehouses and light industrial assets in Abu Dhabi's Al Markaz industrial complex. Meanwhile, Aldar Education strengthened its premium school portfolio through a strategic partnership with Kings College Wimbledon to establish a world-class campus on Fahid Island.

Financial Fortress Enables Aggressive Expansion

Aldar maintains a robust financial position with AED 12.2 billion in available unrestricted cash and AED 17.5 billion in undrawn committed banking facilities. This war chest positions the company to capitalize on the UAE's ongoing economic transformation and population growth.

Pre-tax profits surged 35% to AED 4.7 billion, while earnings per share increased 27% to AED 0.45, reflecting strong performance across all business platforms.

UAE's Economic Momentum Drives Demand

The results reflect broader economic trends positioning the UAE as a global business hub. Chairman Mohamed Khalifa Al Mubarak attributed the performance to the country's strong fiscal position, continued investment in key economic sectors, and its reputation for quality of life that attracts international talent.

With a cumulative revenue backlog reaching a record AED 62.3 billion—including AED 53.4 billion in the UAE—Aldar is well-positioned to benefit from sustained demand for luxury real estate. The company's diversified revenue model, spanning development, investment, and education, provides resilience against market volatility while capturing multiple growth vectors in the UAE's expanding economy.

CEO Talal Al Dhiyebi emphasized the exceptional demand for both existing and newly launched projects, particularly in Abu Dhabi and Dubai, while highlighting the investment platform's strong income growth driven by high occupancy rates and strategic acquisitions across retail, residential, hospitality, commercial, and logistics sectors.