Aldar Properties, Abu Dhabi's biggest listed developer, reported a 36 per cent annual jump in its 2025 profit, driven primarily by its record annual sales, as the property boom continued in the UAE.
Net profit attributable to equity holders of the company for the two-month period to the end of December surged to Dh7.61 billion ($2.07 billion), the company said in a bourse filing on Monday to Abu Dhabi Securities Exchange, where its shares are traded.
Annual revenue surged 47 per cent year-on-year to Dh33.8 billion, driven by an expanding portfolio of investment properties, the company said. Development revenue backlog rose to a high of Dh71.7 billion, including Dh61 billion in the UAE, “providing clear visibility on revenue recognition over the next three years”.
Aldar also recorded its highest full-year group sales of Dh40.6 billion, a 21 per cent annual jump, with UAE sales contributing Dh35.5 billion to the total.
The company's net income for the three months to the end of December also surged, rising 49 per cent to Dh2.9 billion, while quarterly revenue climbed 58 per cent to Dh10.3 billion.
Sales between October and December also hit a record, jumping 25 per cent year-on-year to Dh12 billion, driven by three new UAE launches – Yas Living, The Row Saadiyat and Yas Riva Residences – as well as high demand for existing inventory.
“Aldar’s record performance and accelerated growth trajectory are a clear reflection of the UAE’s strong macroeconomic fundamentals and Abu Dhabi’s emergence as a globally competitive destination for capital, talent, and innovation,” Aldar chairman Mohamed Al Mubarak said.
The UAE's property market has been booming on the back of government reforms, including residency permits for retired and remote workers and the expansion of the 10-year golden visa programme.
In Abu Dhabi, property deals during the first nine months of last year surged by 43.3 per cent annually to Dh94 billion, with total volume of transactions up 48 per cent to 29,400, the latest data from Abu Dhabi Real Estate Centre showed.
Developers such as Aldar are bullish on prospects of growth amid the sustained boom since the Covid-19 bounce back. Property companies continue to launch new projects across segments of the Emirates property market to capitalise on growth opportunities.
Aldar said it received strong demand for its properties from international buyers last year. The UAE sales to overseas and foreign resident customers reached Dh27.4 billion in 2025, accounting for 77 per cent of total UAE sales.
Aldar also awarded Dh66 billion in development contracts in the UAE last year, of which Dh30 billion was recirculated to the local economy through the National ICV Programme, it added.
Development business
The Abu Dhabi property company's development business, which comprises three segments, prime property development, project management and international development and sales operation for businesses in Egypt and the UK, reported an annual revenue jump of 58 per cent to Dh24.8 billion.
Revenue for October to December quarter grew to Dh7.7 billion, a 78 per cent annual increase, Aldar said. Group sales for its development business jumped 21 per cent to Dh40.6 billion, "driven by the global sales network, favourable demographic trends, and robust cross-asset demand".
UAE operations
Sales in the UAE last year grew 25 per cent on an annual basis to 35.5 billion, with fourth quarter sales hitting nine billion, a 12 per year on year increase, driven by strong demand for existing developments and 11 new launches during the year.
Cash collections for the 12 months to the end of December reached Dh15.4 billion, including Dh4.8 billion in the fourth quarter of last year. In May 2025, Aldar completed the sale of a residential building at Mamsha Gardens to Gaw Capital Partners for Dh586 million, while in July, an eight-bedroom ultra-luxury mansion in Faya Al Saadiyat was sold for a record Dh400 million.
Investments
Aldar investments, which has Dh49 billion of assets under management, reported a 16 per cent rise in full-year revenue to Dh8.1 billion. The strong performance, the company said, was driven by Aldar Investment’s prime income-generating real estate assets, supported by strategic acquisitions completed last year.
"Our investment platform has scaled into a highly diversified, recurring-income business through targeted acquisitions and organic growth," said Talal Al Dhiyebi, Aldar's group chief executive.
"With clear visibility from our Dh17.2 billion develop-to-hold pipeline, we remain focused on disciplined capital deployment and sustainable growth, while leveraging our asset management strengths at scale."
