Aldar Achieves Dh5bn Sales from New Abu Dhabi Housing Projects
The National
Aldar Properties generated over Dh5bn in sales from new developments on Saadiyat and Yas Islands, driven by strong demand from Emiratis and international buyers.
Aldar Secures Over Dh5 Billion in Sales from New Residential Projects
Aldar Properties, the largest publicly listed developer in Abu Dhabi, has reported sales exceeding Dh5 billion ($1.36 billion) from two newly launched residential communities on Saadiyat and Yas islands. According to a statement released Tuesday to the Abu Dhabi Securities Exchange, UAE citizens comprised 31 percent of buyers across the Talay and Yas Riva Reserve projects. International buyers from countries like the UK, Russia, Jordan, and India contributed significantly to the remaining sales.
Jonathan Emery, CEO of Aldar Development, commented, "The continued demand we are seeing, from Emiratis, residents and international buyers, reflects confidence in the emirate."
Resilient Abu Dhabi Market Amid Geopolitical Uncertainty
Despite regional instability caused by the Iran war, Abu Dhabi’s property sector remains robust. Real estate transactions in the first half of 2026 surged by 112 percent year-on-year, reaching Dh117 billion with 16,838 recorded deals – a 61.7 percent volume increase, as per the Abu Dhabi Real Estate Centre.
Demand has further pushed prices upward. According to a July report by CBRE, residential property prices in Abu Dhabi rose by 21.6 percent year-on-year in Q2 2026. Apartments saw an increase of 24.4 percent, while villa prices climbed a more moderate 6.3 percent.
Details on Aldar’s New Developments
Aldar’s recently launched projects have drawn considerable interest. Talay, featuring 351 stand-alone villas, is part of the Marsa Al Saadiyat waterfront community, a Dh100 billion development planned to house over 58,000 residents upon completion. Similarly, Yas Riva Reserve is a gated community on Yas Island offering 292 villas with four to six bedrooms.
Strong Financial Performance Supports Growth Outlook
Aldar’s financial results for Q2 2026 demonstrate ongoing momentum. Net profit grew 10 percent to Dh2.16 billion year-on-year, while combined revenue and rental income increased by 5 percent to Dh8.1 billion.
The company’s development backlog stands at Dh71.6 billion as of June 30, including Dh59.9 billion from UAE projects. This pipeline is poised to contribute significantly to Aldar’s revenue streams within the next two to three years.
What This Means for Real Estate Agents
Aldar’s success underscores the strong demand in Abu Dhabi’s prime housing markets, especially among Emirati nationals and international buyers. Agents should focus on opportunities in new gated villa communities and waterfront developments, while keeping an eye on sustained price appreciation and transaction growth. Remaining informed about major developer launches and market data is critical for capitalising on Abu Dhabi’s expanding residential property sector.
Based on reporting from The National. Summary and analysis by Propilot AI.
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