Aldar Properties' Q3 2026 net profit rose 25% year on year to AED 1.9 billion ($517 million), according to a notice to the Abu Dhabi Securities Exchange reported by The National. The result, together with a planned villa and townhouse launch in Dubai, is relevant to buyers tracking new supply from large developers.
The numbers
What happened
Aldar, the largest listed developer in Abu Dhabi, reported the Q3 figures in a notice to the Abu Dhabi Securities Exchange, where its shares trade. Net profit attributable to shareholders reached AED 1.9 billion ($517 million) for the three months to the end of September, 25% higher than a year earlier. Revenue and rental income rose 16.4% to AED 9.3 billion ($2.53 billion). The National reports the two as a single figure, so the rental contribution cannot be isolated from the available data.
Shareholder activity and expansion moves accompanied the results. In August, Mubadala Investment Company raised its stake in Aldar from 27.01% to 28.03% of issued share capital. In October, Aldar agreed to buy more than 1,100 apartments in Sharjah from Arada for AED 1.1 billion ($299.5 million). It is Aldar's first investment in that emirate.
The Sharjah deal covers nine buildings across three residential blocks in Aljada, Arada's flagship mixed-use development, with handover scheduled for Q4 2029. It rests on the AED 15 billion ($4.08 billion) partnership that Aldar and Arada announced in September, which also includes new projects on the Abu Dhabi-Dubai border.
Aldar Development CEO Jonathan Emery told The National in London in October that the company plans to launch a large villa and townhouse project in Dubai before the end of the year. The report gives no location, unit count, pricing or timeline for the launch. It also does not explain the profit growth beyond a general reference to new project launches, and it gives no sales or backlog figures.
What it means for buyers
Questions and answers
What was Aldar's net profit in Q3 2026?
Net profit attributable to shareholders was AED 1.9 billion ($517 million) for the three months to the end of September 2026, up 25% year on year. Revenue and rental income rose 16.4% to AED 9.3 billion ($2.53 billion).
What does Aldar plan to launch in Dubai?
Aldar Development CEO Jonathan Emery told The National that the company plans to launch a large villa and townhouse project in Dubai before the end of 2026. Location, unit numbers and pricing have not been disclosed.
Reviewed by: Alexander Zelinskiy, RERA Broker #60167 · Source: The National
Prepared by the Insight City newsroom with AI assistance from the cited source, then checked and approved by an editor before publication. * Content is for reference only and is not investment, tax or legal advice.
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