Developer news
Aldar reported a 25% rise in third-quarter net profit and confirmed a new Dubai project with Dubai Holding, due to launch within weeks.
On 27 October 2026 Aldar published its results for the third quarter, reporting growth in profit and a development backlog that stretches several years ahead. The company also restated its plans for new launches and handovers, including a large master community in Dubai. For buyers and investors, the numbers matter less than what they signal about the pace of delivery and the pricing policy across the pipeline.
According to Aldar, 27 October 2026, net profit attributable to equity holders reached Dh1.9 billion for the three months to the end of September, up 25% year on year. According to Aldar, 27 October 2026, revenue over the same period was Dh9.3 billion, a rise of 16.4%.
The company reported a development backlog of Dh71.6 billion at the end of September, of which Dh59.3 billion sits inside the UAE. According to Aldar, 27 October 2026, development sales came in lower than a year earlier, at Dh6.8 billion, which the company linked to the timing of launches rather than weaker demand. Management said it has held prices on most projects despite regional uncertainty.
Aldar said it launched seven projects during the quarter, bringing the total for 2026 to twelve. According to Aldar, 27 October 2026, a residential project on Yas Island that opened in July sold at more than Dh31,000 per square metre, which the company described as a record for its non-branded homes, with sales approaching Dh1.5 billion.
The results also confirmed a master development in Dubai, built with Dubai Holding near Dubai Silicon Oasis, due to launch within weeks. According to Aldar, 27 October 2026, the scheme will include about 7,000 townhouses and up to 5,000 apartments, with a gross development value of Dh30 billion and construction phased over five to six years.
A deep backlog and a steady run of launches suggest Aldar intends to keep delivering through a quieter market rather than pausing sales. For anyone weighing an off-plan purchase, that points to continuity of handovers, as the company expects to hand over more than 3,000 homes across its communities in 2026.
The new Dubai community adds townhouse and apartment supply at scale, which could widen choice outside the emirate's established districts. As always, the figures above come from the developer's own disclosure, and buyers should confirm current prices, payment plans and completion dates directly before committing.
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