Aldar Q3 Net Profit Jumps 25% Driven by New Project Launches

Key Facts

1Aldar Properties reported a 25% jump in Q3 net profit, supported by the launch of new real estate projects.

Aldar Properties reported a 25% year-on-year jump in net profit for the third quarter of 2026, with profit attributable to equity holders reaching AED 1.9 billion ($517.3 million). The National reported that the growth was supported by the launch of new real estate projects and a 16.4% increase in revenue and rental income, which totaled AED 9.3 billion during the period.

The developer expanded its footprint during the quarter by acquiring over 1,100 homes in Sharjah from Arada for AED 1.1 billion, marking its entry into the emirate. Additionally, the company plans to launch a major residential development in Dubai by the end of the year as part of a AED 15 billion partnership, reflecting continued robust demand in the UAE real estate market.