The development is an exclusive, gated beachfront community combining exceptional architecture, highly curated private living and Four Seasons’ legendary service, set against the natural beauty of Saadiyat Beach.

An on-site ceremony on Saadiyat Island was attended by senior leadership and key project partners, including representatives from ALAIN, Four Seasons, Killa Design and Mirage Leisure and Development.

Expected to be completed by 2029, the development will comprise 116 residences, including ultra-luxury villas, beachfront mansions, suites and penthouses, with direct beach access and a comprehensive suite of bespoke amenities and services.

The project has demonstrated strong market traction, with the majority of residences sold to date and AED 250 million in new villa sales recorded within one week. This sustained demand reflects continued confidence in Abu Dhabi and the UAE as a destination for ultra-high-net-worth individuals, reinforcing the project’s positioning within the region’s ultra-luxury residential market.

The development has also achieved record pricing benchmarks, surpassing AED 14,000 per sq. ft., with total sales exceeding AED 4 billion since its launch less than a year ago, establishing it as a new benchmark for prestigious beachfront residential real estate in Abu Dhabi.

Strategically located on Saadiyat Island, the development offers a rare balance of seclusion and connectivity, with close proximity to the island’s cultural district, Saadiyat Beach Golf Club and key destinations including Abu Dhabi Global Market (ADGM) and Zayed International Airport.

Khaled Al Khoori, Managing Director of ALAIN, said: “Breaking ground on Four Seasons Private Residences Abu Dhabi at Saadiyat Beach marks a defining moment in delivering one of the region’s most exclusive beachfront communities. Designed for a highly discerning clientele, the project combines exceptional architecture, privacy and the renowned service of Four Seasons to create a truly distinctive residential offering. It reflects ALAIN’s continued focus on delivering world-class homes that set new benchmarks for quality, design and long-term value in Abu Dhabi.”

This milestone reinforces ALAIN’s commitment to disciplined delivery, strategic partnerships and the timely execution of high-quality developments.

For more information, visit alainam.ae.

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The new communities will bring together residential, retail, educational, and lifestyle offerings within thoughtfully planned, walkable neighbourhoods featuring green public spaces and seamless connectivity to Abu Dhabi’s wider transport networks. The master developments will draw on Aldar’s extensive expertise delivering some of Abu Dhabi’s most iconic destinations such as Saadiyat Island, Yas Island, and Al Raha Beach.

The collaboration directly supports the emirate’s broader urban development and housing priorities, including the expansion of the Value Housing Programme, a DMT-led initiative that increases access to high-quality, affordable rental housing in Abu Dhabi. The agreement also represents a new model for urban development in the emirate, one that aligns housing accessibility, community building, and long-term economic growth within a single, coordinated framework, with DMT contributing land and Aldar serving as master developer.

The partnership was inaugurated during the Abu Dhabi Infrastructure Summit (ADIS) 2026 in the presence of His Excellency Suhail Mohamed Al Mazrouei, Minister of Energy and Infrastructure, His Excellency Mohammed Ali Al Shorafa, Chairman of the Department of Municipalities and Transport – Abu Dhabi, and His Excellency Mohamed Khalifa Al Mubarak, Chairman of Aldar. The agreement was signed by His Excellency Abdulla Mohamed Al Blooshi, Director General of the Urban Planning and Permits Centre at the Department of Municipalities and Transport, and Talal Al Dhiyebi, Group Chief Executive Officer of Aldar.

Talal Al Dhiyebi, Group Chief Executive Officer of Aldar, said: “This strategic partnership marks an important step in shaping Abu Dhabi’s next phase of urban growth. As the emirate continues to attract residents, businesses, and investment, there is a growing need for thoughtfully planned destinations that expand housing choice across multiple market segments while enhancing quality of life. Through this collaboration with DMT, we will shape communities that will meet evolving market needs and support the emirate’s long-term development ambitions. The scale and breadth of these projects reflect Aldar’s strong conviction in the long-term fundamentals of Abu Dhabi’s real estate market and our continued confidence in the emirate’s economic growth trajectory.”

His Excellency Abdulla Mohamed Al Blooshi, Director General of the Urban Planning and Permits Centre at the Department of Municipalities and Transport said: This partnership with Aldar represents a new model for Abu Dhabi’s urban development, one that brings together strategic master planning, private-sector execution capability, and government oversight to deliver transformational growth. By collaborating with a trusted partner like Aldar, DMT can accelerate the delivery of the housing and mixed-use communities Abu Dhabi needs, while maintaining the highest standards of planning, sustainability, and quality of life.”

At the heart of the partnership is a commitment to expanding housing choice for both sale and rent, while raising the standard of community living across Abu Dhabi. At Muwaylih, Mussafah, Al Zahiya and Al Faya, the partners will create a mix of lifestyle-focused developments and Value Housing Programme homes, with design inspiration taken from the unique character and qualities of each area, serving residents across a range of market segments.

These communities are designed to offer a quality of life defined by walkable neighbourhoods, green public spaces, schools, retail, and places to gather, connected to the wider city and built around the lifestyle needs of the people who will call them home. Strategically located along major road networks, each destination will offer seamless connectivity across Abu Dhabi while fostering a strong sense of place and belonging.

The partnership marks a significant expansion of the Value Housing Programme, building on a recently announced commitment to develop two integrated communities in Mohamed Bin Zayed City and Baniyas that will deliver 9,000 residential units to Abu Dhabi’s rental market.

The partners will also activate Al Mihsinah Island for the first time, creating a landmark waterfront community. Designed to combine natural coastal surroundings with thoughtfully planned residential neighbourhoods and lifestyle amenities, the development will offer a living experience that blends wellness, tranquillity, and connectivity within a waterfront setting.The partnership is a direct expression of Abu Dhabi’s urban development strategy, one that places integrated community planning, housing accessibility, and long-term liveability at its core. By combining public-sector land stewardship with private-sector development expertise, Aldar and DMT are establishing a model for purposeful and inclusive development that can be replicated across the emirate.

The post Aldar And DMT Announce Strategic Partnership To Shape Abu Dhabi’s Next Phase Of Urban Growth first appeared on Abu Dhabi Property Guide.

The project comprises two towers offering 494 one, two and three-bedroom apartments directly opposite Reem Mall, with unit sizes ranging from 81 to 238 square metres. Handover is scheduled for Q2 2030, with a 40/60 payment plan during construction and on completion. Purchases above AED 2 million qualify investors for the UAE’s 10-year Golden Visa.

Tara Park sits five minutes from Downtown Abu Dhabi and the Abu Dhabi Global Market (ADGM), and 25 minutes from Zayed International Airport. The masterplan is anchored by a 527-metre jogging track, central swimming pool, padel and multi-sports courts, fitness and yoga studios, co-working zones, a children’s playroom and a retail courtyard.

Reem Island as a residential bet

The launch comes as Reem Island consolidates its position as one of Abu Dhabi’s most active residential investment corridors, supported by ADGM’s expansion, the Sorbonne University Abu Dhabi campus, Repton School and Cleveland Clinic Abu Dhabi all within the wider district.

Soliman Hossameldin, said the project is positioned at the intersection of three demand drivers financial-sector employment, international education, and Golden Visa eligibility.

What Modon is building on Reem Island isn’t just another residential tower — it’s a strategic blueprint for how the next generation will live in Abu Dhabi. With ADGM, Sorbonne University, Repton School and Cleveland Clinic all within minutes, Tara Park sits at the centre of a true ‘live-learn-work’ corridor.

Soliman Hossameldin, Marketing Expert

Soliman added that bundling wellness amenities, walkability and smart-home design into a single masterplan reflects a broader shift in Abu Dhabi’s residential demand profile, with end-users rather than pure investors increasingly driving off-plan absorption.

Tara Park is the latest in a sequence of Modon launches in the capital. The developer, majority-owned by ADQ, has positioned itself as one of Abu Dhabi’s primary masterplan operators alongside Aldar Properties.

The post Modon Launches Tara Park On Reem Island As Abu Dhabi’s Off-Plan Pipeline Expands first appeared on Abu Dhabi Property Guide.

Located directly on the water adjacent to the project site, the gallery presents an early view of Riviera Residences, which spans two prime plots totalling more than 23,400 square metres on Al Reem Island. Conceived as a tribute to the Mediterranean Riviera, the floating gallery’s interiors draw on both Mediterranean and Emirati design influences. The space has been purpose-built to reflect the core identity of Riviera Residences, a project in which the sea is not a backdrop but the defining element of its architecture, lifestyle, and character.

The development is designed by Pritzker Prize-winning architects Herzog & de Meuron, with landscape design by Michel Desvigne Paysagiste (MDP), technical leadership by DAR Al-Handasah, and enabling works by NSCC International Ltd. It will offer over 400 apartments and 11 villas, among them sky villas, bay villas, and a penthouse, alongside landscaped gardens and a vibrant waterfront promenade with cafés, boutique retail, and dining.

Michael Belton, CEO at MERED, commented: “Abu Dhabi is entering a defining phase in its growth as a global real estate destination. The city saw a 160% rise in real estate transaction value in Q1 2026 alone, reflecting a deepening appetite for premium development. At MERED, we believe that how a project is presented should be as considered as how it is designed. The floating gallery is a direct expression of what Riviera Residences stands for and allows clients to connect with the vision in its most authentic form.”

Abu Dhabi’s global appeal continues to accelerate, supported by an affluent and growing population and a regulatory environment that fosters transparency and investor confidence. Foreign direct investment in the capital’s real estate sector reached approximately AED 8 billion in Q1 2026, equivalent to the total FDI recorded across all of 2025, with investors from 99 nationalities contributing to the quarter’s performance.

Al Reem Island is one of Abu Dhabi’s most attractive premium destinations, ranked among the capital’s most active real estate areas. It sits in proximity to the Abu Dhabi Global Market financial centre, prestigious international schools, Reem Central Park, Galleria Mall, and Saadiyat Cultural District. The island offers waterfront views, lifestyle amenities, and modern infrastructure that support the city’s vision for sustainable, high-quality communities.

The launch coincides with significant construction progress at Riviera Residences. MERED recently announced the completion of over 60% of enabling works, including guide walls, shoring, contiguous piling, and ground improvement, as well as deep foundation works. The progress underscores the resilience of Abu Dhabi’s premium residential market and the strength of the emirate’s off-plan delivery.

For more information about MERED and its projects, visit https://mered.ae/ and follow their updates on Instagram.

The post MERED Launches Abu Dhabi’s First Floating Sales Gallery On Al Reem Island As Gateway To Riviera Residences first appeared on Abu Dhabi Property Guide.

Residential Unit Sales in the past 8 weeks

March recorded ~2,600 residential unit sales transactions, compared to ~2,700 and ~3,100 transactions in January and February 2026, respectively. April recorded over ~3,200 transactions, exceeding January and February levels.

In value terms, April recorded over AED 13 billion in residential unit sales.

Residential Unit Ready Sales Provide a More Recent Indicator of Underlying Demand

Residential unit sales transactions are driven by off-plan and ready sales. Residential unit ready sales provide the most immediate views of current market activity and offer a more direct read of buyer demand within the period.

Over the past eight weeks, market activity followed a pattern consistent with normal variation, with strong activity in January and February, moderation in March, and April recording activity levels similar to earlier in the year.

In March 2026, ready sales recorded 482 units, with approximately AED 1.2 billion in transaction value, compared to a monthly average of approximately 560 units and AED 1.6 billion in January and February.April recorded 529 units transacted and approximately AED 1.6 billion in sales value, consistent with recent historical norms.

Off-plan Project Launches Continue in Past 8 weeks

Off-plan project launches remained active during the eight-week period, with major project launches including Modon’s Tara Park, Ohana Development’s Manchester City Yas Residences, Aldar’s Yas Park Place, and Sobha City Abu Dhabi. These launches reflect ongoing development activity across the market, with new projects continuing to be introduced over the period and continuous monitoring of off-plan sales registration within the ADREC registry in the coming weeks.

Listing Price Trends

Historically, a limited share of listings has recorded decreases to asking prices. Over the past eight weeks, this share increased slightly, indicating a modest uptick in such activity within the market. The vast majority of listings ~90% continue to show no change in asking prices or price increases.

For listings where price adjustments occurred, the majority remained contained, with approximately 85% to 90% reflecting decreases of less than 10% of the previous listed price.

This indicates that pricing adjustments remained contained and moderate in scale, rather than representing broad-based shifts across the market.

Total Residential Units with Active Leases Continue to Increase

The residential leasing market continued its upward trajectory, with active leased residential units increasing consistently on a weekly basis since the beginning of the year.

In line with trends observed over the past two to three years, growth in active leased units continues at a moderating pace, driven by high occupancy levels.

ADREC continues to publish real estate data and market insights through its official platform providing stakeholders with direct access to transaction indicators and market performance data and supporting a transparent view of market conditions as they evolve.

The post Abu Dhabi Real Estate Activity Over Past Eight Weeks first appeared on Abu Dhabi Property Guide.

ADCB’s off plan mortgage solution enables eligible customers to secure financing certainty at an early stage of their home buying journey, with pre approval for up to 50% of the property value when purchasing off plan from leading UAE developers. By offering customers the opportunity to confirm eligibility at the outset, the solution helps buyers plan with confidence for their future dream home.

Pre approvals remain valid for up to 12 months and can be renewed annually, remaining in place through to property handover. At handover, customers can seamlessly transition to a full ADCB mortgage facility at prevailing competitive rates, ensuring continuity and simplicity from purchase to ownership.

Key Benefits of ADCB’s Off Plan Mortgage Solution
• Mortgage or home finance pre approval for off plan properties
• Pre approval validity of 12 months, with annual renewal through to handover
• Financing of up to 50% of the property value for eligible customers
• Seamless transition from preapproval to final approval and financing, once 50% of the property value is paid or at handover
• Zero processing fees*
• Zero valuation fees*
• Interest / profit rates starting from 3.49%* per annum, fixed for three years
Available for off plan properties by leading UAE developers
*Offer valid for three months. Terms and conditions apply.

Simple Application Process

Customers can apply for ADCB mortgage solutions through a straightforward process:
• Conventional Mortgage Loan: SMS ‘HF’ to 2626
• Islamic Home Finance: SMS ‘IHF’ to 2626

This is one of several initiatives that reflect ADCB’s broader focus on designing intuitive experiences that simplify decision making and delivers long term value to our customers.

The post ADCB Introduces Mortgage Solutions For Off-Plan Properties first appeared on Abu Dhabi Property Guide.

Tara Park comprises six residential towers with 834 apartments across one-, two-, and three-bedroom layouts. Connected to Reem Mall, the towers are interlinked by an active podium that connects residents to a wide range of amenities.

Bill O’Regan, Group CEO of Modon Holding, said:“Tara Park further validates Modon’s disciplined, market-driven approach, connecting a prime location and thoughtful placemaking to generate sustainable urban growth and long-term value. We continue to see strong demand across the market,which speaks to the confidence that local and international buyers continue to place in Abu Dhabi, particularly for projects where clear attention to quality of life supports future investment potential.”

Ibrahim Al Maghribi, CEO of Modon Real Estate, said: “The sell-out Tara Parksends a clear signal. Buyers are not hesitating. Buyers are making considered, long-term decisions. Tara Park was designed with clear buyer priorities and needs in mind, and the market response has validated that approach entirely.”

Connected toReem Mall, Tara Park also offers easy access to Fay Park, Sorbonne University Abu Dhabi and Repton School, alongside proximity to Abu Dhabi’s international financial hub, Abu Dhabi Global Market (ADGM), The Galleria Mall, and the wider city.

For more information and to register interest in future developments, prospective investors can visit www.modon.com or call 800 MODON.

The post Modon Announces The Sell-Out Of Tara Park On Reem Island, Generating Approximately AED 2 Billion In Sales first appeared on Abu Dhabi Property Guide.

‘Nabra by Miral’ provides an inclusive platform for talented young singers aged 11 – 19 years old to be discovered, nurtured and celebrated through a holistic journey guided by professional artists and educators. Led by renowned Serbian soprano and music educator Marija Todić, the programme aims to foster creative expression, build confidence, and provide a comprehensive skill development pathway across three distinct phases from initial talent scouting to public performance.

Taghrid Alsaeed, Executive Director of Marketing, Communications & Events at Miral, said, “‘Nabra by Miral’ offers an exciting opportunity for young musical talents to unlock their potential and showcase their passion live on stage. Through expert coaching and mentorship, the programme aims to provide crucial tools for both artistic and personal development. This initiative is a testament to the power of collaboration and our collective commitment to empowering youth, strengthening community ties, and contributing to Abu Dhabi’s position as a vibrant hub for creative talents.”

The programme will begin with four dedicated audition days at Atheer located at Miral HQ on Yas Island, where aspiring singers will be invited to perform two-minute singing auditions on May 14, 15, 18, and 20.

Following the auditions, 25 selected participants will advance into a structured training and development phase that combines technical vocal coaching with confidence-building, mentorship, and life skills development, supporting both artistic and personal growth at the Four Notes Music Training Center on Saadiyat Island. Featuring 15 performance-based sessions, successful participants will undergo a combination of singing classes alongside dedicated dance, drama and character-building workshops that will help them develop confidence, teamwork, resilience, and communication skills.

The programme culminates in the high-energy ‘Nabra by Miral Celebration’, where the talented singers will take the spotlight and perform for a live audience. Categorised into two age groups (11 – 14 and 15 – 19), each performer will present a song they have perfected during their training to a panel of judges made up of industry experts, the students’ vocal coach and musical specialists.  The panel will evaluate each performance before choosing two winners from each age group.

‘Nabra by Miral’ aims to provide a sustainable platform to nurture talent and growth within the youth in Abu Dhabi’s thriving creative community. It demonstrates Miral’s continued efforts to develop meaningful initiatives and programmes ensuring opportunities are accessible while reinforcing the role of arts and culture as a key driver of community engagement and sustainable social impact.

For more information and to register for ‘Nabra by Miral,’ please click on this link.

The post Miral Announces ‘Nabra By Miral’ Talent Programme To Nurture Abu Dhabi’s Emerging Youth Talent first appeared on Abu Dhabi Property Guide.

The project has witnessed exceptional market demand, reflecting strong investor confidence in both ALAIN’s vision and disciplined delivery approach and Emaar Hospitality Group’s ability to deliver a unique lifestyle and service quality. The project sell-out further reinforces the continued strength of Abu Dhabi’s premium residential market and the growing appetite for differentiated, amenity-rich developments on Saadiyat Island.

The groundbreaking ceremony took place on-site on Saadiyat Island and was attended by senior leadership from ALAIN and Emaar Hospitality Group, alongside key consultants and project partners. The start of construction signals the transition from concept to delivery and demonstrates tangible progress on one of Saadiyat Island’s most anticipated branded residential projects.

Vida Residences Saadiyat Island will feature 121 fully furnished one-, two- and three-bedroom contemporary residences, designed to embody Vida’s signature blend of modern design, creative energy and connected living. The development is tailored for a new generation of entrepreneurs, creatives and global residents seeking inspiring spaces and seamless services.

Situated at the heart of Saadiyat Island, residents will benefit from immediate access to world-renowned cultural landmarks including the Louvre Abu Dhabi, Zayed National Museum and the upcoming Guggenheim Abu Dhabi. The development is also within close proximity to leading educational institutions such as New York University Abu Dhabi, Harrow International School Abu Dhabi and Lycée Louis Massignon, further enhancing its appeal for families. Complemented by Saadiyat Island’s pristine beaches and leisure destinations, the location offers a well-rounded and highly desirable living environment.

The development will offer a vibrant, lifestyle-driven environment centred around a curated plaza with retail and dining outlets, indoor and outdoor social spaces and thoughtfully designed communal areas that encourage connection and community interaction.

Designed as a pet friendly community, the development will feature a dog park, alongside family-oriented facilities such as children’s splash pads and play areas, supporting an inclusive and welcoming residential environment.

Residents will also benefit from a range of hospitality-inspired services including 24-hour concierge and security, doorman and porter services, housekeeping and laundry coordination, grocery delivery assistance and on-site property management and maintenance.

Khaled Al Khoori, Managing Director of ALAIN, said: “Breaking ground on Vida Residences Saadiyat Island represents an important milestone for ALAIN and reflects our commitment to delivering distinctive residential destinations shaped by design, community and experience. Vida’s vibrant, contemporary identity complements Saadiyat Island’s continued evolution and we are proud to introduce a development that blends creativity, connectivity and hospitality within one of Abu Dhabi’s most sought-after locations.”

Nicolas Bellaton, Head of Hospitality at Emaar Hospitality Group, added: “Vida Residences Saadiyat Island marks an exciting milestone for the Vida brand as we introduce our first branded residences in Abu Dhabi. The development reflects Vida’s modern, community-driven ethos and reinforces our commitment to creating design-led residential experiences that resonate with a new generation of global residents.”

Saadiyat Island continues to strengthen its position as one of the UAE’s most desirable residential and lifestyle destinations, world-class cultural institutions, natural beauty and luxury hospitality experiences. The commencement of construction at Vida Residences Saadiyat Island reflects the continued momentum of development across the island and underscores strong confidence in Abu Dhabi’s real estate sector.

Through projects such as Vida Residences Saadiyat Island, ALAIN continues to advance its strategy of partnering with globally recognised lifestyle and hospitality brands to deliver thoughtfully curated residential communities that create long-term value and contribute to Abu Dhabi’s evolving urban landscape.

For more information, visit https://www.alainam.ae/vida-residences-saadiyat-island/

The post ALAIN Breaks Ground On Vida Residences Saadiyat Island, Marking The First Vida Branded Residences In Abu Dhabi first appeared on Abu Dhabi Property Guide.

Net profit after tax increased 20% year-on-year (YoY) to AED 2.3 billion1, driven by realisation of development revenue backlog and resilient earnings from a diversified, defensive investment properties portfolio. Earnings per share for the Q1 2026 period increased 25% YoY to AED 0.25.

Group sales of AED 6.7 billion in the first quarter, with UAE sales contributing AED 5.9 billion. Two projects launched in the UAE in early Q1 2026: The Wilds Residences in Dubai and Baccarat Residences Saadiyat in Abu Dhabi.

Sustained demand among international buyers, with UAE sales to overseas and expat resident customers reaching AED 5.3 billion in Q1, representing 88% of total UAE sales.

Yas Park Place was launched in mid-April with 80% of released units sold to date, generating more than AED 800 million and highlighting continued confidence in Abu Dhabi’s real estate market.

Development revenue backlog rose to AED 72.1 billion, including AED 62.2 billion in the UAE, providing clear visibility on revenue recognition over the next three years.

Q1 landbank replenishment across the UAE with a Gross Development Value of AED 61 billion, including strategic land plots in key Abu Dhabi destinations, and the expansion of the Dubai Holding joint venture.

Aldar Investment’s adjusted EBITDA rose 18% YoY to AED 905 million , supported by high occupancy and contributions from strategic acquisitions. Assets under management rose to AED 52 billion.

The income-generating property portfolio remained resilient, supported by long-term leases and growth in the commercial, retail, industrial and logistics segments. Acquisitions of The Link at Masdar City and logistics assets at KEZAD further enhanced the platform.

Develop-to-hold pipeline expanded by AED 2.8 billion to AED 20.1 billion through a partnership with the Department of Municipalities and Transport to deliver 9,000 value housing units for rent in Abu Dhabi.

Strong financial position supports resilience and capital deployment strategy, with total available liquidity at AED 33.2 billion at March-end, comprising AED 13.9 billion in free and unrestricted cash and AED 19.4 billion in committed undrawn bank facilities.

Aldar closed a USD 1.0 billion (AED 3.7 billion) public hybrid issuance in January, followed by a USD 1.0 billion (AED 3.7 billion) hybrid issuance to Apollo in February. An AED 5 billion sustainability-linked committed revolving credit facility was completed in April, attracting strong demand from a broad group of regional and international banks.

In April, Aldar distributed a dividend of AED 0.205 per share for 2025, representing a 10.8% YoY increase and a total payout of AED 1.61 billion.

• Aldar Development’s revenue increased 14% YoY to AED 6.5 billion, with EBITDA increasing 23% to AED 2.2 billion, driven by continued project delivery on a record revenue backlog.
• Group sales totalled AED 6.7 billion, a 25% YoY decline reflecting moderating sales activity in March and a disciplined approach to launches in response to evolving market conditions. Customer collections have remained strong and in line with contractual schedules, while default rates have not deviated from historical levels of around 1%, reflecting continued buyer commitment and resilience of demand.
• Cross-geography sales have been supported by the company’s international sales network, which now includes ‘World of Aldar’ experience centres in Hong Kong and London, which opened in the first quarter.
• Group development revenue backlog reached a record level of AED 72.1 billion at the end of March 2026, up from AED 71.7 billion at the end of December, providing clear visibility on revenue over the next three years.
• Project management services backlog at the end of March 2026 was AED 91.6 billion, with AED 66.7 billion under construction, reflecting the strong pipeline of government investment in infrastructure and housing.

UAE

• Total UAE sales decreased 30% YoY to AED 5.9 billion, reflecting moderated launch activity with two projects launched: The Wilds Residences in Dubai, and Baccarat Residences, on Saadiyat Island in Abu Dhabi.
• In April, Aldar launched Yas Park Place. Sales reached over AED 800 million, with 80% of units released sold in the first week, highlighting sustained confidence in Abu Dhabi’s real estate market.
• UAE sales to overseas and expatriate buyers represented 88% in Q1 2026, reaching AED 5.3 billion, highlighting continued strength in international demand and sustained confidence in Abu Dhabi as a global investment destination.
• UAE revenue backlog at the end of March 2026 stood at a record AED 62.2 billion, up from AED 61.0 billion at the end of December, with an average duration of 29 months.
• Cash collections in Q1 2026 totalled AED 4.3 billion reflecting the strength of buyer commitment.

International

SODIC

• SODIC contribution to Aldar Development’s revenue was AED 116 million (EGP 1.5 billion).
• SODIC’s sales totalled AED 194 million (EGP 2.9 billion). Revenue backlog as at the end of March 2026 stood at AED 7.2 billion (EGP 107.1 billion), with an average duration of 39 months.

London Square

• London Square’s contribution to Aldar Development’s revenue was AED 316 million (GBP 64 million).
• London Square sales totalled AED 576 million (GBP 118 million), driven by three development launches in the first quarter, including Ransome’s Wharf, Wimbledon Bridge House, and Westminster Tower.
• The revenue backlog rose to AED 2.7 billion (GBP 560 million) at the end of March 2026, with an average duration of 31 months.

The post Aldar Q1 Net Profit Rises 20% To AED 2.3bln Reflecting The Resilience Of Its Diversified Business first appeared on Abu Dhabi Property Guide.