Abu dhabi: Aldar celebrated a record-breaking financial year in 2025, reporting a 45 percent year-on-year growth in full-year net profit before tax, reaching AED10.0 billion. The net profit after tax also saw a substantial increase of 36 percent, amounting to AED8.8 billion. This growth was fueled by the realization of development revenue backlog and an expanded investment properties portfolio. Earnings per share for the year rose to AED0.96.
According to Emirates News Agency, Aldar achieved its highest-ever full-year group sales, totaling AED40.6 billion, which is a 21 percent increase from the previous year. Sales within the UAE contributed AED35.5 billion to this figure. Mohamed Khalifa Al Mubarak, Chairman of Aldar, attributed this success to the UAE's robust macroeconomic fundamentals and Abu Dhabi's emergence as a globally competitive hub for capital, talent, and innovation.
Al Mubarak highlighted Aldar's strategic position in supporting Abu Dhabi's growth and emphasized the company's role in the emirate's transformation. He pointed out that Aldar's total backlog for both the company and government projects stands at AED167 billion, reflecting the market's ongoing momentum. Al Mubarak also noted the substantial increase in assets under management, which reached AED49 billion in 2025.
Talal Al Dhiyebi, Group Chief Executive Officer of Aldar, stated that the development business achieved its highest-ever annual group sales, backed by a substantial AED71.7 billion backlog. This backlog offers strong revenue visibility for the coming years. Al Dhiyebi also acknowledged the diversification of Aldar's investment platform into a recurring-income business through strategic acquisitions and organic growth.
In the fourth quarter, Aldar recorded its highest quarterly group sales of AED12.0 billion, a 25 percent increase from the previous year. This was driven by new launches such as Yas Living, The Row Saadiyat, and Yas Riva Residences, as well as strong demand for existing inventory. International buyers significantly contributed to UAE sales, accounting for AED27.4 billion in 2025, representing 77 percent of total UAE sales.
The development revenue backlog reached a record AED71.7 billion, with AED61.0 billion from the UAE, providing a clear revenue recognition path for the next three years. Aldar awarded AED66 billion in development contracts within the UAE in 2025, recirculating AED30 billion back into the local economy through the National In-Country Value Programme.
Aldar Investment's full-year adjusted EBITDA increased by 20 percent year-on-year, reaching AED3.2 billion, driven by high occupancy levels and rising rental rates. The company's assets under management also grew to AED49 billion. Additionally, Aldar announced the formation of a national retail champion valued at AED9.8 billion, consolidating Yas Mall and The Galleria Luxury Collection following a joint venture with Mubadala.
Furthermore, Aldar established Aldar Capital in partnership with Mubadala Capital, creating a new investment management platform to connect global investors with opportunities across the UAE and the GCC. The company maintained a strong liquidity position with AED14.2 billion in free cash and AED16.4 billion in committed undrawn bank facilities by the end of 2025. Aldar also raised AED18.7 billion in capital during the year and issued US$1.0 billion in subordinated hybrid notes in January 2026.
Aldar recommended a dividend of AED0.205 per share, marking a 10.8 percent increase year-on-year, resulting in a total payout of AED1.61 billion for 2025.
