For inquiries
Dubai United Arab Emirates
Aldar Properties’ quarterly profit jumped by 25% to about $517.71 million (AED 1.9 billion), which was in line with analysts’ expectations.
Profit growth was supported by a 16% increase in revenue to about $2.53 billion (AED 9.3 billion).
The company pointed out that it delivered nearly two thousand housing units to its customers during the first nine months of this year, which is more than double the number of units it delivered during the whole past year.
According to the company’s statement today, net profit after tax during the first nine months increased by 19% year-on-year to reach about $1.93 billion (AED 7.1 billion), thanks to the recording of the accumulated revenues of development projects and the stable profits achieved by the diversified investment real estate portfolio.
Earnings per share rose 20 percent year-on-year to about $0.21 (AED 0.77) during the first nine months of the year.
The group recorded development sales of about $5.15 billion (AED 18.9 billion) during the first nine months of 2026, of which about $1.85 billion (AED 6.8 billion) was in the third quarter.
For more Information contact: www.dxrprop.ae
Call/WhatsApp: +971501090635
Email: alnashra2013@gmail.com
– To write a special article about the name of your organization or company, you can write to the following email: