Aldar Properties Dubai

Aldar Properties PJSC is a public joint stock company headquartered in Abu Dhabi. It publishes audited annual reports and quarterly results through its investor relations pages, which is unusual among developers selling in Dubai and matters if you want to check a developer's finances before you commit.

The company describes itself on its own About page as running two core businesses. Aldar Development is the master developer arm, responsible for a land bank of around 65 million sqm across Yas Island, Saadiyat Island, Al Raha and Reem Island. It contains three units: Aldar Projects, which runs fee-based development management including AED 45 billion of government housing and infrastructure work; Aldar Ventures; and Aldar Egypt. Aldar Investment holds the income-producing side, covering investment properties, hospitality, education and estates.

Bayut says Aldar oversees more than 105 developments as of 2025, with over 5,000 new homes under construction across the UAE.

Aldar's current leadership is headed by H.E. Mohamed Khalifa Al Mubarak as Chairman and Talal Al Dhiyebi as Group Chief Executive Officer. These positions are listed on Aldar's official leadership page.

Aldar Properties was established in 2004 in Abu Dhabi. The company has since grown from an Abu Dhabi-focused developer into a regional real estate developer, investor and manager.

For a Dubai buyer, the important distinction is that Aldar entered Dubai much later, in 2023, nearly two decades after the company was founded. That means Aldar has a long UAE delivery history, but its Dubai development track record is considerably newer.

It develops, sells, owns and manages real estate, and it also manages projects for the Abu Dhabi government.

Bayut counts 135 Aldar projects across the UAE: 87 in Abu Dhabi, 45 in Dubai and 2 in Ras Al Khaimah. Property Finder counts 108 projects and puts the land bank above 62 million sqm, slightly below the roughly 65 million sqm figure Aldar publishes itself. Treat the two counts as different snapshots rather than a contradiction, since the portals index phases and sub-projects differently.

Outside the UAE, Aldar owns SODIC in Egypt and acquired the UK developer London Square in 2023.

Aldar's own FY 2022 results announcement records the entry: in Q1 2023 the company announced plans to launch three developments across 3.6 million sqm of prime Dubai land through a joint venture with Dubai Holding. Its FY 2023 announcement confirms the first of those, Haven by Aldar, launched within a year of the JV being signed, and describes 2023 as the year Aldar entered the Dubai and Ras Al Khaimah markets.

In February 2026 the two partners expanded the venture. According to Dubai Holding's own announcement, the expansion adds two land plots carrying a combined gross development value above AED 38 billion and almost 14,000 homes. The first plot sits on Dubai's eastern growth corridor opposite Nad Al Sheba, covers approximately 4 million sqm, and will hold apartments, townhouses and villas, targeted for launch in 2026. The second is on Palm Jebel Ali, covering almost 250,000 sqm of gross floor area, planned as an ultra-luxury waterfront development with branded and non-branded residences and homes launching for sale in 2027. Aldar is responsible for the full development cycle of both, including concept design, sales, delivery and management.

The structural point for buyers: your Dubai purchase sits inside a joint venture, so confirm the seller entity named on your SPA.

Apartments, townhouses and villas, all off plan, all in Dubailand.

Apartments run from one to three bedrooms, concentrated in Verdes by Haven and in the Rise by Athlon towers, priced from AED 990,000 to AED 1.7 million at launch.

Athlon offers three to four bedroom townhouses, three to five bedroom standard villas and four to six bedroom premium villas, according to Bayut. Villas and townhouses across Athlon and The Wilds sit broadly in the AED 2.8 million to AED 5.65 million band.

At the top end, The Wilds carries Ravenna Residences at AED 9.5 million for four and five bedroom villas and Moringa Mansions at AED 39 million for five and six bedroom villas.

Bayut lists the amenities across Aldar projects as rooftop swimming pools, fitness and wellness centres, coworking lounges and smart home systems, with branded interiors, landscaped podiums and concierge services in many communities.

There is no ready stock in Dubai. Property Finder lists 52 Aldar projects in Dubai, 36 of them with developer stock, and every one is marked off plan. The earliest handover anywhere in the Dubai portfolio is Q3 2027, so Aldar has not yet delivered a completed home in Dubai.

All current communities are in Dubailand. Property Finder files 50 of its listed Aldar Dubai projects under Dubai Land.

1. Haven by Aldar

Aldar's first Dubai community, launched in 2023 as the opening project of the Dubai Holding joint venture. Bayut describes it as a wellness-focused community with green spaces and tranquil living, with Verdes by Haven, Tranquillity, Sanctuary and Ferns among its components.

Verdes by Haven is the apartment component. Per the Dubai Holding launch announcement, it comprises 1,050 homes in one, two and three bedroom layouts, opened to buyers of all nationalities from 11 July 2024, with a meditation pavilion, zen gardens, a tranquillity pool, a nature trail, run and ride tracks, exercise areas and a padel tennis court.

Aldar's own announcement records that more than 660 units sold within 72 hours of launch, generating over AED 1 billion across sales events at Dubai World Trade Centre, Aldar Square in Abu Dhabi and an international roadshow across six markets. Expatriate residents and overseas buyers accounted for 83% of sales, with Indian, Egyptian and British passport holders the top three international groups.

Construction progress published by Property Finder: Haven Phase 2 at 8%, Haven Phase 3 at 12%.

2. Athlon by Aldar

Bayut describes Athlon as a lifestyle community in Dubailand blending fitness and smart design, introducing the idea of active living to Dubai, and confirms the project achieved LEED Platinum pre-certification.

Athlon contains the Rise by Athlon apartment towers, which carry colour names: Azul, Teal, Cyan, Neon, Magenta, Foundry, Grid and Tempo. Villa and townhouse clusters include Theon, Chion, Zeston, Vitalon, Delphi, Diagon and Milon.

Construction progress from Property Finder: Athlon 2 at 4%, Theon at Athlon at 8%.

3. The Wilds by Aldar

Bayut describes The Wilds as offering nearly 1,700 homes designed around wildlife and greenery, located along Sheikh Mohammed bin Zayed Road opposite Global Village, and states it holds the largest and most diverse collection of wildlife within a residential area in Dubai, with ponds, lawns and specially designed habitats.

Clusters include Cassia 1 through 6, Ravenna Residences, Moringa Mansions and The Wilds Residences.

4. Coming Next: Nad Al Sheba Corridor and Palm Jebel Ali

Neither is on sale yet. The family community opposite Nad Al Sheba is targeted for launch during 2026. The Palm Jebel Ali waterfront project goes on sale in 2027. If you want an Aldar address outside Dubailand, these are the only two routes, and both require waiting.

Launch prices and handover dates as published by Property Finder and Bayut.

Property Finder and Bayut do not agree on the handover dates for several Rise by Athlon towers. Property Finder lists Neon, Azul and Teal for Q4 2029, while Bayut lists Neon, Cyan, Grid and Tempo for Q1 2030 and Magenta, Azul, Foundry and Teal for Q4 2029.

The two portals also index some of these towers under different sub-project names. Buyers should therefore confirm the handover quarter for the specific tower in the Sale and Purchase Agreement (SPA) rather than relying on a portal listing card.

Bayut lists Aldar's structures as 70/30, 60/40 and 40/60, with booking amounts typically between 10% and 20% and the balance tied to construction milestones.

In Dubai specifically, the common patterns are 60/40 across Athlon and Verdes by Haven, and 65/35 across The Wilds. Property Finder also shows a 5/55/40 structure on several Athlon projects, meaning a 5% booking, 55% during construction and 40% on handover.

Aldar does not compete on 1% monthly plans or on very small down payments. Its entry point is higher and its terms are more conventional than the volume developers.

This is the part of the Aldar story that no portal page publishes, and it is checkable because the company reports publicly. Every figure below comes from Aldar's own annual reports or results announcements.

Net profit grew roughly 3.8 times across four years. Development sales grew 2.8 times between 2022 and 2025. The revenue backlog, which represents contracted future income, grew roughly four times over the same three years.

Revenue on the same basis was AED 8.58 billion in 2021 and AED 11.2 billion in 2022, both from the annual reports, rising to AED 14.2 billion in 2023. Total assets stood at AED 61.3 billion at the end of 2022.

Two things sit behind the growth. The first is the shift to international and expatriate buyers: overseas and expat resident purchasers accounted for 66% of UAE sales in 2023.

The second was Aldar's entry into Dubai and Ras Al Khaimah in 2023, which came as the company's sales curve began to steepen.

The AED 8.8 billion 2025 figure is group net profit after tax. Aldar also reported AED 10.0 billion in net profit before tax for the same year, which is why different sources may quote different figures.

There is also a tax comparability issue. From January 2025, the statutory tax rate was affected by the UAE Domestic Minimum Top-up Tax. As a result, 2025 after-tax profit is not directly comparable with earlier years on a like-for-like basis.

The growth story changed direction in the first half of 2026, and any honest overview has to say so.

For the six months to 30 June 2026, Aldar reported net profit after tax of AED 4.9 billion, up 18% year on year. Aldar Development revenue rose 10% to AED 12.4 billion, with EBITDA up 21% to AED 4.0 billion. That growth came from executing the existing backlog rather than from new sales.

New sales are where the picture turns. Group development sales fell 34% year on year to AED 12.1 billion, and Q2 sales alone fell 43% to AED 5.4 billion. Aldar's own wording was that this reflected a measured approach to new launches in response to prevailing market conditions in the UAE.

The backlog remains large at AED 71.6 billion at the end of June 2026, which underwrites revenue over the next two to three years. But a developer deliberately slowing its launch pace is telling you something about demand, and a buyer signing a 2029 or 2030 handover in 2026 should weigh that.

Buyers who put developer financial strength first. Aldar reports publicly and publishes audited accounts, and it carried an AED 71.6 billion contracted backlog at mid-2026. If your main worry about Dubai off-plan is whether the developer will still be there in 2029, this is one of the few developers where you can check the answer yourself rather than take a brochure on trust.

Family end users who want a themed, amenity-heavy community. Haven is built around wellness, Athlon around fitness and active living, and The Wilds around nature and wildlife. Athlon's LEED Platinum pre-certification is evidence the environmental claims are more than marketing.

Villa and townhouse buyers in the AED 2.8 million to AED 9.5 million range. This is the centre of gravity of Aldar's Dubai product and where the choice is widest.

Golden Visa applicants. Bayut confirms expats can buy in designated freehold zones and that purchases from AED 2 million may qualify for the Golden Visa. Everything in Athlon and The Wilds clears that threshold. Verdes by Haven apartments at AED 990,000 do not.

Investors with a genuine five-year horizon. Handovers run to Q1 2030, and the Dubai Holding pipeline behind them runs to 2027 launches and beyond. If you can hold through construction, the timeline works with you rather than against you.

Buyers waiting for waterfront. If you want ultra-luxury waterfront from an institutional developer, the Palm Jebel Ali launch in 2027 is worth tracking rather than settling for something else now.

Anyone who needs a home in the next 18 months. The earliest Dubai handover in the portfolio is Q3 2027, and most stock lands between Q2 2028 and Q1 2030. There is no near-term option and no ready developer inventory in Dubai at all.

Anyone who wants proof of delivery in Dubai specifically. Aldar has not yet handed over a completed home in Dubai. Its track record is an Abu Dhabi track record, and you are extending trust across an emirate.

Budget buyers. The cheapest Aldar entry in Dubai is AED 990,000 for a one bedroom apartment. There are no studios in the Dubai apartment range at that price point. Buyers working with AED 400,000 to AED 800,000 are shopping in a different segment entirely.

Buyers who want a low monthly commitment. Aldar uses 60/40 and 65/35 structures with bookings from 5% to 20%. It does not offer the 1% monthly plans that volume developers use to bring in salaried buyers.

Anyone who wants a Dubai prime address today. Every current Aldar Dubai project is in Dubailand. There is nothing in Downtown, Marina, Business Bay, Palm Jumeirah or Jumeirah. The Palm Jebel Ali project does not sell until 2027.

People who need metro access. Haven, Athlon and The Wilds are car-dependent Dubailand locations.

Short-term flippers. Handovers three to four years out, combined with a 34% fall in group development sales during H1 2026, make a quick exit harder to price than the sell-out launch headlines suggest.

Investors extrapolating the 2021 to 2025 growth curve forward. That curve was real and it has flattened. Buy on current fundamentals, not on the four-year chart.

Buyers who want a single named counterparty. The Dubai communities sit inside a joint venture with Dubai Holding. Aldar runs the development cycle, but the contracting entity may not be the name on the brochure.

1. Confirm the project is registered with the Dubai Land Department and check its status on the Dubai REST app.
2. Identify the actual seller entity on the SPA, given the Dubai Holding joint venture structure.
3. Confirm the escrow account number appears on your payment receipt. Off-plan payments in Dubai must go into a government-monitored escrow account.
4. Check the Oqood registration for your unit.
5. Confirm the handover quarter for your specific tower or cluster against the SPA, given the portal discrepancies noted above.
6. Read the handover and grace period clauses in full, and have a UAE property lawyer review them if the sum is significant.
7. Verify your broker's RERA registration.
8. Check Aldar's latest quarterly results on its investor relations pages before committing, since the sales trend has been moving.