Abu Dhabi, UAE – Al Dar Group achieved remarkable financial and operational performance during the first half of 2026. Driven by the continued momentum of its development business and the strength of its investment real estate portfolio. Its business is growing in regional and international markets. This was reflected in an increase in net profits after tax by 18% on an annual basis to reach 4.9 billion dirhams. Thanks to recording revenues from development projects under implementation and stable profits achieved by the diversified investment real estate portfolio. Meanwhile, earnings per share increased by 17% year-on-year to reach AED 0.53 during the first half of the year.
This July, the house unveiled the “Marsa Al Saadiyat” project. Marking the launch of the final phase of the master plan for Saadiyat Island, with a total development value of 100 billion dirhams. The house is responsible for developing projects worth 60 billion dirhams, with launches set to begin during the second half of the year.
Development sales
The group also announced the Yas Point project, a multi-use marine destination worth AED 6 billion on Yas Island. It launched its first residential project within the destination, “The Canopies”.
The group recorded development sales worth AED 12.1 billion during the first half. Reflecting a balanced approach to launching new projects in the UAE in response to market conditions. With three successful projects launched in the country during the second quarter.
Accumulated revenues from development projects amounted to AED 71.6 billion at the end of June, including AED 59.9 billion for projects in the UAE. Providing a clear vision of the revenues expected to be recorded over the next two to three years.
Attracting the interest of international buyers
The house’s projects in the UAE continued to attract the interest of international buyers and foreign residents. Their sales reached AED 7.6 billion during the first half, representing 80% of total sales in the UAE. While Aldar’s two international companies, SODIC and London Square, have increased their contribution to the group’s sales. With their sales growing by 171% and 236%, respectively, during the first half of 2026.
In the investment sector, Dar Investment recorded a growth in adjusted earnings before interest, taxes, depreciation and amortization by 18% on an annual basis during the first half of 2026. To reach 1.8 billion dirhams, supported by high occupancy rates and rent growth. Recent strategic acquisition deals, including a logistics portfolio at Kizad and The Link buildings in Masdar City during the second quarter.
The value of the assets managed by the House for investment rose to 56 billion dirhams, while the value of the “development and retention” project portfolio reached. Which supports future income growth, 20 billion dirhams after adding five new projects during the second quarter. Completion of a facility for Emirates Snack Foods.
investment in education
In the most prominent announcements of “development and retention” projects during the second quarter, the House and the Department of Municipalities and Transport in Abu Dhabi concluded a partnership worth 2.8 billion dirhams. To develop 9,000 housing units for rent within the Affordable Housing Solutions Project. Dubai House has acquired a residential project and a community retail facility in Dubai Studios City.
The house continued to invest in the education sector through plans to establish a British school in the new “Al Ghadeer Gardens” project. Cranley School Abu Dhabi was moved to a modern, fully equipped facility on Saadiyat Island.
The group strengthened the strength of its financial position by closing a renewable pooled credit facility linked to sustainability worth 5 billion dirhams last April. This raised its liquidity position to 37.1 billion dirhams, including 16.8 billion dirhams of available and unrestricted cash liquidity, and 20.3 billion dirhams of confirmed and undrawn banking facilities.
