Aldar reported a 20% year-on-year increase in Q1 2026 net profit to AED 2.3 billion, with revenue growing 12% to AED 8.7 billion and EBITDA rising 22% to AED 3.0 billion.
Development revenue backlog reached a record AED 72.1 billion, providing visibility over the next three years, despite a 25% YoY decline in group sales to AED 6.7 billion due to moderated launch activity.
Aldar Investment's adjusted EBITDA grew 18% YoY to AED 905 million, supported by a 65% increase in retail segment EBITDA and assets under management (AUM) reaching AED 52 billion.
Maintained a strong liquidity position of AED 33.2 billion as of March-end, following two USD 1.0 billion hybrid issuances in January and February and a new AED 5 billion sustainability-linked credit facility in April.