Page 9 - Aldar Development News Today

There were a total of 14,958 sales and mortgage transactions, with Yas Island topping list with Dhs4.1bn in real estate deals.

Company has a strong balance sheet and undrawn facilities with liquidity of Dh90 billion

ABU DHABI, 9th February, 2022 (WAM) -- Aldar Properties (Aldar) today announced its preliminary financial results for the full year of 2021, reporting revenues of AED8.58 billion, up 2 percent year-on-year, a gross profit of AED3.60 billion, up 21 percent year-on-year, and a net profit of AED2.33 billion, up 21 percent year-on-year, highlighting the resilience of Aldar’s diversified business model. Aldar also reported earnings per share of AED0.295, up 20 percent year-on-year, demonstrating su...

Company has a strong balance sheet and undrawn facilities with liquidity of Dh90 billion

Abu Dhabi real estate giants posts 21% growth in net profits last year, highlighting the resilience of its diversified business model

UAE-based Aldar Properties has registered a AED2.33 billion ($603 million) net profit for 2021, up 21 per cent year-on-year, driven by the strong performance of Aldar Development business and growth in Aldar Investment’s recurring income portfolio.

Aldar has until now been focussing heavily on offplan sales

ABU DHABI, 4th February, 2022 (WAM) -- Aldar Properties has announced that all 182 apartments at the

ABU DHABI, 4th February, 2022 (WAM) -- Aldar Properties has announced that all 182 apartments at the second tower of its boutique Reflection project are now available for sale. Reflection II is located at the heart of Reem Island, overlooking Abu Dhabi's mangroves, and with all units ready to move in during Q2 2022, sales will start from 13th February. The release of properties at Reflection II follows the successful sale of units at the first apartment building at the development. The secon...

ABU DHABI, 4th February, 2022 (WAM) -- Aldar Properties has announced that all 182 apartments at the second tower of its boutique Reflection project are now available for sale. Reflection II is located at the heart of Reem Island, overlooking Abu Dhabi's mangroves, and with all units ready to move in during Q2 2022, sales will start from 13th February. The release of properties at Reflection II follows the successful sale of units at the first apartment building at the development. The secon...