Aldar Properties
Abu Dhabi, United Arab Emirates
Aldar Properties PJSC is Abu Dhabi's largest listed real estate developer, founded on 12 January 2004 and listed on the Abu Dhabi Securities Exchange; a state-backed merger with Sorouh Real Estate was announced in 2012. The group runs two platforms: Aldar Development, which builds and sells master-planned communities in the UAE and owns SODIC in Egypt and London Square in the UK, and Aldar Investment, which holds about AED 56 billion of assets under management across offices, retail, residential, logistics, schools and a hotel and leisure portfolio in Abu Dhabi and Ras Al Khaimah. In 2025 it reported record net profit of AED 8.8 billion (up 36%) on group sales of AED 40.6 billion, and in H1 2026 net profit rose 18% to AED 4.9 billion with a development revenue backlog of AED 71.6 billion. Its key destinations are Yas Island, Saadiyat Island and Al Raha Beach; in July 2026 it unveiled Marsa Al Saadiyat (AED 100 billion GDV, AED 60 billion developed by Aldar) and Yas Point, an AED 6 billion waterfront district anchored by a five-star resort and about 1,600 branded residences. Recent capital moves include Aldar Capital, launched with Mubadala Capital in December 2025 to target a USD 1 billion first fund, a USD 1 billion hybrid note placement with Apollo in January 2026, and a joint venture with Dubai Holding to build about 14,000 homes in Dubai.