Earnings release
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if Aldar H1 2026 Financial Results Abu Dhabi , 29 July 2026 ALDAR Aldar's resilient business model delivers 18 % net profit growth in H1 2026 driven by development backlog execution and recurring - income growth Net Profit ( after tax ) ' AED 4.9 bn H1 Revenue AED 16.8 bn Gross Profit AED 6.2 bn EBITDA AED 6.3 bn 2026 Q2 2026 + 8 % YOY AED 8.1 bn + 5 % YoY + 17 % YOY + 19 % YOY + 18 % YOY AED 2.9 bn + 14 % YOY AED 3.3 bn + 18 % YOY AED 2.6 bn + 17 % YoY Q2 / H1 2026 Group Highlights ■ H1 net profit after tax increased 18 % YoY to AED 4.9 billion , driven by realisation of development revenue backlog and resilient earnings from a diversified , defensive investment properties portfolio . Earnings per share grew 17 % YoY to AED 0.53 in HI . ■ Group development sales of AED 12.1 billion in Hl reflected a measured approach to new launches in the UAE in response to market conditions , with three successful UAE projects launched in Q2 . ■ Development backlog was AED 71.6 billion at the end of June , including AED 59.9 billion in the UAE , driving revenue recognition over the next 2-3 years . ■ Sustained appeal among international customers , with UAE sales to overseas and expat resident buyers at AED 7.6 billion in H1 , 80 % of total UAE sales . ■ Aldar's international businesses , SODIC and London Square , increased their contributions to group sales , with H1 2026 sales up 171 % and 236 % respectively . ■ In July , Aldar unveiled Marsa Al Saadiyat , activating the final phase of Saadiyat Island's masterplan with an AED 100 billion GDV , of which Aldar will develop AED 60 billion with launches commencing in H2 . Aldar also announced Yas Point , an AED 6 billion mixed - use waterfront community on Yas Island , and launched its first development , The Canopies . ■ Aldar Investment's² H1 2026 adjusted EBITDA rose 18 % YoY to AED 1.8 billion supported by high occupancy and rental growth , as well as recent strategic acquisitions , including a logistics portfolio at KEZAD and The Link at Masdar City in Q2 . ■ Aldar Investment AUM rose to AED 56 billion . The develop - to - hold ( D - hold ) pipeline , which supports future income growth , stands at AED 20 billion following the addition of five new projects in Q2 , and completion of a facility for Emirates Snack Foods . " Among d - hold announcements in Q2 , Aldar and Abu Dhabi's Department of Municipalities and Transport entered a AED 2.8 billion partnership to develop 9,000 value housing rental units , while in Dubai Aldar acquired a residential and community retail development project in Dubai Studio City . ■ Aldar continues to invest in education with a British school planned for the new Al Ghadeer Gardens development , and relocation of Cranleigh Abu Dhabi to a new state - of - the - art facility on Saadiyat Island . ■ Aldar closed a AED 5 billion sustainability - linked revolving syndicated credit facility closed in April . This enhanced Aldar's liquidity position , which stands at AED 37.1 billion , including AED 16.8 billion in free and unrestricted cash and AED 20.3 billion in committed undrawn bank facilities . Revenue ( AED bn ) 16.8 + 8 % 15.5 H1 25 H1 26 ' The total effective tax rate for Aldar was 11.8 % in H1 2026 vs 12.2 % in H1 2025 2 Excludes Pivot Net profit after tax ( AED bn ) 4.9 + 18 % 4.1 HỒ 25 H1 26