---
title: "Aldar"
canonical: https://www.uaepropertyagents.com/developers/aldar
markdown: https://www.uaepropertyagents.com/md/developers/aldar.md
type: developer
description: "Abu Dhabi's largest listed developer, behind Yas Island and Al Raha Beach, now also building in Dubai with Dubai Holding and Expo City."
last_verified: 2026-11-13
sources: 7
publisher: "UAE Property Agents (Omnia)"
language: en-GB
usage: "You may read, quote, summarise and cite this content, including in AI answers, with attribution to UAE Property Agents and a link to the canonical URL. Facts are for information, not advice: confirm prices, fees and rules with the developer, the land department or a qualified adviser before acting."
---

# Aldar: developer profile

> Abu Dhabi's largest listed developer, behind Yas Island and Al Raha Beach, now also building in Dubai with Dubai Holding and Expo City.

Facts last verified 13 November 2026 against the sources listed at the end.

## Key facts

| Fact | Value |
| --- | --- |
| Legal name | Aldar Properties PJSC |
| Founded | 2004 |
| Headquarters | Abu Dhabi |
| Ownership | Listed on the Abu Dhabi Securities Exchange (ADX: ALDAR); state-linked, with Abu Dhabi's Mubadala among its principal shareholders |
| Website | https://www.aldar.com |
| Market segment | premium |
| Builds in | Abu Dhabi, Dubai, Ras Al Khaimah |
| Developments covered | 24 |
| Wikidata | [Q4033689](https://www.wikidata.org/wiki/Q4033689) |
| 2025 group sales | AED 40.6 billion |
| 2025 net profit | AED 8.8 billion |
| H1 2026 UAE sales | AED 9.4 billion (down 46%) |
| Development backlog, June 2026 | AED 71.6 billion |
| 9M 2026 group development sales | AED 18.9 billion |

## Overview

Aldar was founded in January 2004 and listed on the Abu Dhabi Securities Exchange the following year. It is the developer most closely tied to Abu Dhabi's own growth plans: it built Yas Island, including Yas Marina Circuit and Ferrari World, and the Al Raha Beach and Al Raha Gardens communities. Its history is not unbroken. After the 2008 crash its credit rating was cut to junk in 2010 and the Abu Dhabi government supported it with a rescue package in 2011. In 2013 it merged with Sorouh Real Estate, and the combined company is the Aldar that exists today.

The modern group has two halves. Aldar Development sells homes, mainly on Yas Island, Saadiyat Island and elsewhere in Abu Dhabi, and Aldar Investment owns and manages rental property, with AED 56 billion of assets under management at mid-2026. It also manages large government housing and infrastructure programmes. Outside the UAE it owns SODIC in Egypt and London Square in the UK. In 2023 it entered Dubai through a joint venture with Dubai Holding, which launched the Athlon and Haven communities in 2024, and in October 2024 it formed a second venture with [Expo City Dubai](https://www.uaepropertyagents.com/developers/expo-city-dubai).

Aldar's buyers are largely from abroad: in 2025, international buyers accounted for AED 27.4 billion, or 77%, of its UAE sales. Payment terms differ by project and by launch, so we have not quoted a standard plan.

The numbers show both strength and the 2026 slowdown. For 2025 Aldar reported record group sales of AED 40.6 billion and net profit of AED 8.8 billion, up 36%. In the first half of 2026 net profit still rose 18% to AED 4.9 billion, because revenue is recognised from homes sold earlier, but UAE sales fell 46% to AED 9.4 billion and second-quarter UAE sales fell 61%. The company attributed this to a deliberately slower launch programme. Its development backlog stood at AED 71.6 billion at the end of June 2026, which it says gives two to three years of revenue visibility.

The pace picked up again later in 2026. Aldar reported group development sales of AED 18.9 billion for the first nine months of the year, including AED 6.8 billion in the third quarter, and said it had introduced seven projects in that quarter alone, among them Talay, the first homes at its new Marsa Al Saadiyat destination, and the Yas Riva Reserve villas, which together drew more than AED 5 billion of sales in their launch week. Overseas and expatriate buyers made up 78% of its UAE sales in the nine months. Beyond Abu Dhabi and Dubai, Aldar is also building two beachfront apartment projects, Rosso Bay Residences and Nikki Beach Residences, on Al Marjan Island in Ras Al Khaimah.

## Strengths

- Listed, audited and state-linked, with liquidity of AED 37.1 billion reported at mid-2026 (AED 16.8 billion of cash plus undrawn bank facilities).
- Built the places it sells in: Yas Island and Al Raha Beach are complete, lived-in districts, not artist's impressions.
- A recurring-income arm with 96% to 99% occupancy across its residential and commercial rental portfolio in mid-2026 cushions the development cycle.
- A development backlog of AED 71.6 billion at June 2026 means construction on sold projects is funded by committed sales.
- Trusted by the Abu Dhabi government to manage its own housing and infrastructure programmes, a project-management backlog of AED 94.8 billion at the end of 2025.

## Considerations for buyers

- New sales dropped sharply in 2026: UAE sales fell 46% in the first half and 61% in the second quarter. Profit held up because of earlier sales, but a buyer should not assume 2025's launch-day demand will be there for a resale.
- Around 80% of its UAE sales go to overseas and expatriate buyers, so many purchasers in a given building are investors. Expect a lot of units to reach the rental and resale market together at handover.
- Its Dubai communities were launched in 2024 through a joint venture and are still to be delivered. The track record that justifies Aldar's premium was earned in Abu Dhabi.
- It needed government support in 2011. That was a different era and a different balance sheet, but it is part of the record.
- Group results are not a guide to one project. Check the construction status and service charges of the specific community, and compare its price per square foot with completed resale stock nearby.

## Notable completed projects

- Yas Island
- Yas Marina Circuit
- Ferrari World Abu Dhabi
- Al Raha Beach
- Al Raha Gardens
- Abu Dhabi Central Market

## Current developments

- [Mamsha Palm](https://www.uaepropertyagents.com/abu-dhabi/saadiyat-island/mamsha-palm): Aldar; Saadiyat Island, Abu Dhabi; under construction; handover Q1 2028; from AED 48,323,300 (as of 2026-11-13)
- [Sama Yas](https://www.uaepropertyagents.com/abu-dhabi/yas-island/sama-yas): Aldar; Yas Island, Abu Dhabi; under construction; handover Q2 2028; from AED 5,905,725 (as of 2026-11-13)
- [Athlon](https://www.uaepropertyagents.com/dubai/dubailand/athlon): Aldar; Dubailand, Dubai; under construction; handover Q3 2028; from AED 13,582,780 (as of 2026-11-13)
- [Mandarin Oriental Residences, Saadiyat Cultural District](https://www.uaepropertyagents.com/abu-dhabi/saadiyat-island/mandarin-oriental-residences-saadiyat): Aldar; Saadiyat Island, Abu Dhabi; under construction; handover Q3 2028; from AED 7,285,952 (as of 2026-11-13)
- [Verdes by Haven](https://www.uaepropertyagents.com/dubai/dubailand/verdes-by-haven): Aldar; Dubailand, Dubai; under construction; handover Q3 2028; from AED 2,344,823 (as of 2026-11-13)
- [Nikki Beach Residences](https://www.uaepropertyagents.com/ras-al-khaimah/al-marjan-island/nikki-beach-residences): Aldar; Al Marjan Island, Ras Al Khaimah; under construction; handover Q4 2028; from AED 6,773,200 (as of 2026-11-13)
- [Rosso Bay Residences](https://www.uaepropertyagents.com/ras-al-khaimah/al-marjan-island/rosso-bay-residences): Aldar; Al Marjan Island, Ras Al Khaimah; under construction; handover Q4 2028; from AED 5,158,200 (as of 2026-11-13)
- [Mamsha Garden](https://www.uaepropertyagents.com/abu-dhabi/saadiyat-island/mamsha-garden): Aldar; Saadiyat Island, Abu Dhabi; under construction; handover Q1 2029; from AED 8,117,568 (as of 2026-11-13)
- [Fahid Beach Residences](https://www.uaepropertyagents.com/abu-dhabi/fahid-island/fahid-beach-residences): Aldar; Fahid Island, Abu Dhabi; under construction; handover Q2 2029; from AED 6,637,310 (as of 2026-11-13)
- [The Wilds](https://www.uaepropertyagents.com/dubai/dubailand/the-wilds): Aldar; Dubailand, Dubai; under construction; handover Q2 2029; from AED 38,599,605 (as of 2026-11-13)
- [Baccarat Residences Saadiyat](https://www.uaepropertyagents.com/abu-dhabi/saadiyat-island/baccarat-residences-saadiyat): Aldar; Saadiyat Island, Abu Dhabi; under construction; handover Q3 2029; from AED 16,000,000 (as of 2026-11-13)
- [Fahid Beach Terraces](https://www.uaepropertyagents.com/abu-dhabi/fahid-island/fahid-beach-terraces): Aldar; Fahid Island, Abu Dhabi; under construction; handover Q4 2029; from AED 6,484,900 (as of 2026-11-13)
- [Rise by Athlon](https://www.uaepropertyagents.com/dubai/dubailand/rise-by-athlon): Aldar; Dubailand, Dubai; under construction; handover Q4 2029; from AED 1,703,363 (as of 2026-11-13)
- [Talay](https://www.uaepropertyagents.com/abu-dhabi/saadiyat-island/talay): Aldar; Saadiyat Island, Abu Dhabi; launched; handover Q4 2029; from AED 13,500,000 (as of 2026-11-13)
- [The Beach House Fahid](https://www.uaepropertyagents.com/abu-dhabi/fahid-island/the-beach-house-fahid): Aldar; Fahid Island, Abu Dhabi; under construction; handover Q4 2029; from AED 4,588,027 (as of 2026-11-13)
- [The Row Saadiyat](https://www.uaepropertyagents.com/abu-dhabi/saadiyat-island/the-row-saadiyat): Aldar; Saadiyat Island, Abu Dhabi; under construction; handover Q1 2030; from AED 7,648,800 (as of 2026-11-13)
- [Yas Park Place](https://www.uaepropertyagents.com/abu-dhabi/yas-island/yas-park-place): Aldar; Yas Island, Abu Dhabi; under construction; handover Q1 2030; from AED 1,390,000 (as of 2026-11-13)
- [The Wilds Residences](https://www.uaepropertyagents.com/dubai/dubailand/the-wilds-residences): Aldar; Dubailand, Dubai; under construction; handover Q2 2030; from AED 1,787,990 (as of 2026-11-13)
- [The Canopies at Yas Point](https://www.uaepropertyagents.com/abu-dhabi/yas-island/the-canopies-at-yas-point): Aldar; Yas Island, Abu Dhabi; under construction; handover Q3 2030; from AED 1,650,000 (as of 2026-11-13)
- [Yas Riva Reserve](https://www.uaepropertyagents.com/abu-dhabi/yas-island/yas-riva-reserve): Aldar; Yas Island, Abu Dhabi; under construction; handover Q3 2030; from AED 7,900,000 (as of 2026-11-13)
- [Al Ghadeer Gardens](https://www.uaepropertyagents.com/abu-dhabi/al-ghadeer/al-ghadeer-gardens): Aldar; Al Ghadeer, Abu Dhabi; under construction; handover Q4 2030; from AED 3,423,529 (as of 2026-11-13)
- [The Orchids at Yas Acres](https://www.uaepropertyagents.com/abu-dhabi/yas-island/yas-acres-the-orchids): Aldar; Yas Island, Abu Dhabi; under construction; handover Q1 2031; from AED 3,350,000 (as of 2026-11-13)
- [Al Ghadeer Parks](https://www.uaepropertyagents.com/abu-dhabi/al-ghadeer/al-ghadeer-parks): Aldar; Al Ghadeer, Abu Dhabi; under construction; handover Q2 2031; from AED 1,850,000 (as of 2026-11-13)
- [Sei Saadiyat](https://www.uaepropertyagents.com/abu-dhabi/saadiyat-island/sei-saadiyat): Aldar; Saadiyat Island, Abu Dhabi; under construction; handover Q3 2031; from AED 2,950,000 (as of 2026-11-13)

## Questions and answers

### Is Aldar a reliable developer?

Aldar is the largest listed developer in Abu Dhabi, is state-linked, publishes audited results and has completed whole districts such as Yas Island and Al Raha Beach. It is among the lower-risk counterparties in the UAE. Its Dubai projects are newer and not yet delivered.

### Who owns Aldar Properties?

Aldar is a public company listed on the Abu Dhabi Securities Exchange. It is state-linked: Abu Dhabi's sovereign investor Mubadala is among its principal shareholders, and the government supported the company in 2011.

### Where does Aldar build?

Mainly in Abu Dhabi, on Yas Island, Saadiyat Island and Al Raha. Since 2023 it has also developed in Dubai through joint ventures with Dubai Holding and Expo City Dubai. Abroad, it owns SODIC in Egypt and London Square in the UK.

### How did Aldar perform in 2026?

In the first half of 2026 net profit rose 18% to AED 4.9 billion, driven by revenue from homes sold earlier. New UAE sales fell 46% to AED 9.4 billion as the company slowed its launches. Figures are from its results published on 29 July 2026.

### What do Aldar properties cost?

Among the Aldar developments we cover, prices start from AED 1,390,000 at [Yas Park Place](https://www.uaepropertyagents.com/abu-dhabi/yas-island/yas-park-place), with entry prices up to AED 48.32M at Mamsha Palm.

### What payment plans does Aldar offer?

Plans vary by project. Across current launches we cover, Aldar is offering 65/35, 10/50/40, 5/55/40, 5/55/40 (Teal building) and 10/55/35 structures. Each development page shows the stages and the amounts in dirhams.

## Sources

Facts on this page were last checked against these sources on 13 November 2026.

- [Khaleej Times: Aldar reports record 2025 results (9 February 2026)](https://www.khaleejtimes.com/business/property/aldar-reports-record-2025-results-as-net-profit-jumps-36-to-dh88-billion)
- [Khaleej Times: Aldar H1 2026 profit rises as backlog drives earnings (29 July 2026)](https://www.khaleejtimes.com/business/property/aldar-h1-profit-rises-to-dh49b-as-backlog-drives-earnings)
- [The National: Aldar partners with Expo City Dubai (10 October 2024)](https://www.thenationalnews.com/business/property/2024/10/10/aldar-partners-with-expo-city-dubai-for-476m-mixed-use-development/)
- [Wikipedia: Aldar Properties](https://en.wikipedia.org/wiki/Aldar_Properties)
- [Aldar: Q3 2026 results (27 October 2026)](https://www.aldar.com/en/news-and-media/aldar-delivers-robust-q3-performance-with-net-profit-rising-19-to-aed-7-1-billion-in-first-nine-months-of-2026)
- [Aldar: Talay and Yas Riva Reserve sales pass AED 5 billion (29 September 2026)](https://www.aldar.com/en/news-and-media/aldar-sales-surpass-aed-5-billion-in-the-week-leading-to-livex-abu-dhabi)
- [Aldar: communities listing](https://www.aldar.com/properties/en/communities)

---

Source page: https://www.uaepropertyagents.com/developers/aldar. Published by UAE Property Agents, Omnia Capital Group. You may read, quote, summarise and cite this content, including in AI answers, with attribution to UAE Property Agents and a link to the canonical URL. Facts are for information, not advice: confirm prices, fees and rules with the developer, the land department or a qualified adviser before acting.