Aldar Properties Reports Stellar Q1 2025 Performance with 42% Surge in Sales
Aldar Properties, UAE – April 30, 2025 – the leading real estate developer in the UAE, has announced a remarkable 42% year-on-year increase in sales, reaching AED 8.9 billion (USD 2.42 billion) in the first quarter of 2025
This surge underscores the Aldar Properties strong market position and growing appeal among international investors. Aldar’s financial results reflect a 33% rise in profit before tax, amounting to AED 2.2 billion (USD 599 million), while net profit after tax climbed 22% to AED 1.9 billion (USD 520 million). The company’s diversified portfolio and strategic expansion efforts have contributed to this robust performance.
Chairman Mohamed Khalifa Al Mubarak expressed confidence in Aldar Properties trajectory, stating, “Aldar’s strong start to the year demonstrates the depth and resilience of our diversified platform. With a record development backlog and a clear strategy for long-term value creation, we are well-positioned to sustain this momentum.
Aldar continues to attract significant interest from overseas investors, with 87% of UAE sales coming from expatriate and international buyers, totaling AED 7.4 billion (USD 2 billion). This highlights the growing global appeal of Aldar’s luxury developments and strategic projects.
The company’s development backlog has reached a record AED 55.7 billion (USD 15.17 billion), ensuring revenue recognition over the next two to three years. This backlog includes AED 46.7 billion (USD 12.72 billion) in UAE projects, reinforcing Aldar’s commitment to shaping the region’s real estate landscape.
Aldar Properties Investment, which oversees AED 46 billion (USD 12.53 billion) in assets, reported 15% revenue growth, driven by high occupancy rates and strong rental performance.The company also strengthened its financial position by issuing AED 3.7 billion (USD 1 billion) in hybrid capital notes and securing a AED 9 billion syndicated revolving credit facility.
With the UAE’s continued investment in strategic sectors and economic diversification, Aldar is poised for sustained growth. The company’s disciplined approach to capital deployment and commitment to innovation will further solidify its leadership in the real estate market.
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