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Aldar backlog shields profits as war hits new sales

By CityCalc Newsroom · Wed Jul 29 2026 · Source: AGBI

Abu Dhabi master developer Aldar posted strong first-half profit on Wednesday, but the results were underpinned by homes sold before the war. Net profit after tax rose 18 percent year on year to AED4.9 billion ($1.33 billion).

Abu Dhabi master developer Aldar posted strong first-half profit on Wednesday, but the results were underpinned by homes sold before the war. Net profit after tax rose 18 percent year on year to AED4.9 billion ($1.33 billion).

Curated by CityCalc from AGBI. Read the full article at the source.

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